Accounts Receivables Associate - Level III

Employer
Cummins
Location
Pune
Posted
Nov 08, 2024
Closes
Nov 18, 2024
Ref
4931233157
Role
Bookkeeper
Level
Associate
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia, Corporate
Description

Key Responsibilities:
  • Work with more complex customers to process payments.
  • Prepare statements of accounts for customers.
  • Answer basic and complex customer inquiries.
  • Prepare analysis of accounts.
  • Conduct root cause analysis of late payments and suggest process improvements.
  • Prepare month-end reporting.
  • Participate in and/or lead projects related to Accounts Receivable improvement.
  • Perform other duties as assigned.
  • Perform processing of inventory-related journals.
  • Ensure production and publishing of inventory-related system reports.
  • Create and maintain costing for new parts.
  • Perform calculation of standard rates and update the system where required.
  • Support and complete inventory-related reconciliations.
  • Monitor and follow-up on aged inventory, including inventory with outside service providers.
  • Support inventory valuation process.
  • Support various internal and external cost and inventory audits.
  • Support the annual and quarterly physical inventory and cycle count processes.
  • Complete the analysis of material cost variances, help determine root causes, and prepare recommendations for review.
  • Participate in projects related to inventory and cost improvements.
  • Perform ad hoc duties as required.
  • Perform monthly closing activities.
  • Prepare working for PLI & PSI schemes.
  • Support in audit-related activities.
  • Support any ad hoc requests coming up from the plant.
  • Manage expenses analysis to drive planned improvements, achieve stretch targets, and validate cost savings projects related to manufacturing expenses.


Responsibilities

Competencies:
  • Action oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
  • Collaborates: Building partnerships and working collaboratively with others to meet shared objectives.
  • Communicates effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
  • Customer focus: Building strong customer relationships and delivering customer-centric solutions.
  • Drives results: Consistently achieving results, even under tough circumstances.
  • Manages complexity: Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
  • Nimble learning: Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
  • Values differences: Recognizing the value that different perspectives and cultures bring to an organization.
  • Business Partnering: Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision-making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.
  • Financial Internal Controls: Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.


Qualifications

Qualifications:
  • High school diploma or certificate of completion of secondary education or equivalent experience to the extent such experience meets applicable regulations.
  • ICWA Inter/CA Inter.
  • This position may require licensing for compliance with export controls or sanctions regulations.

Skills and Experience:
  • Requires significant relevant work experience or specialized skills obtained through education, training, or on-the-job experience.
  • Experience in coordination with internal or external suppliers and stakeholders.
  • Proficiency in processing and monitoring supplier orders.
  • Ability to work towards meeting supply plans and adjusting procurement signals.
  • Strong analytical skills for metrics analysis and reporting.
  • Experience with Xelus, GOMS, and aftermarket planning.
  • Competency in using materials planning systems and tools such as Excel, Access, TOAD, OMS, etc.
  • Knowledge of Plan for Every Part (PFEP) principles.
  • Skills in analysis and troubleshooting, inventory management and optimization, and materials KPI management.
  • Oracle SCM knowledge required under PO, Inventory, Order Management (2-3 years).
  • Knowledge/Skills in Inventory Management.
  • Provision - PDD & SLA & AR Reserve.
  • Target File & Receivable Review.
  • CMI Reports / Receivable MIS / Corporate Submission / Business Review / MIS.
  • SD & EMD - Evaluation / Parking / Reversal / Reco.
  • Schedule AR SL GL & NR & Audit - Monthly and quarterly.
  • Credit evaluation & Master Updating (Credit Limit Log).
  • Month-end Activities tracking.
  • AR Team Support.
  • Corporate Solutions.
  • RPA / Automation / MACRO Projects.

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