About this role
Job Summary:
Supports account reconciliation and analysis, journal entry preparation and data entry. Supports the month-end close process. Performs activities under moderate supervision.
Key Responsibilities:
Compiles, consolidates and conducts basic analysis of accounting and finance information. Prepares basic journal entries. Performs monthly and annual account reconciliations. Assists with preparation of tables, charts and other exhibits for reports. May perform less complex accounting projects or participate as a team member on more complex projects. Performs ad hoc reporting requests as needed.
Competencies:
Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
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.
Decision quality - Making good and timely decisions that keep the organization moving forward.
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.
Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
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.
Financial Regulations Acumen - Evaluates applicable regulations for the financial area of focus, such as tax, banking, pension, local accounting to ensure underlying transactions are recorded in compliance with applicable regulations; explains key requirements and purpose of regulations and implications to the business to inform and educate relevant stakeholders.
Education, Licenses, Certifications:
Bachelor's degree in commerce / finance (B.Com / M.Com) or relevant field
Experience:
3-5 years of experience in Accounts Receivable / Customer Collections preferred
Job Description - Customer Collection Executive / Accounts Receivable
Department: Finance - Accounts Receivable
Location: IOC , Pune
key Responsibilities
Book and apply customer receipts accurately on the same day.Respond to stakeholder and customer emails within the standard TAT.Handle BU/customer queries professionally to ensure smooth customer interaction.Ensure timely resolution of issues raised by Business Units.Work effectively with customers and BUs to drive proactive collections.Daily receipt booking & applicationProvide Statement of Accounts to Business Units as and when required.Month-End & Periodic ReportingContinuously monitor and reduce unapplied cash/credits through proactive follow-up.Lead/participate in process improvement initiatives.Ensure adherence to SOX controls and support internal/external audits.Support standardization and documentation of SOPs.Strong ownership and accountabilityFocus on operational excellence and continuous improvementAbility to work independently and collaborate within a team Required Skills & Competencies
Strong knowledge of Accounts Receivable and CollectionsGood understanding of debit/credit notes, TDS, GST and reconciliationAbility to interpret customer accounts and ageing analysisProficiency in Microsoft Excel; Power BI / Power Query added advantageExcellent communication and stakeholder management skillsAttention to detail and ability to meet deadlines in high-volume processes Job Finance
Organization Cummins Inc.
Role Category On-site with Flexibility
Job Type Office
ReqID 2431081
Relocation Package Yes
100% On-Site No