Corporate Engineering Financial Analyst

financial reviews to monitor operational costs, efficiency, risks, and variances

• Partner with assigned organizational units to develop annual budgets, expense forecasts, staffing forecasts, and AOPs

• Support forecasting and AOP preparation in collaboration with engineering leaders to align operational plans with financial targets

• Perform effort-based billing rate calculations to ensure appropriate cost recovery and compliance with corporate guidelines

• Manage invoicing activities, including preparation, validation, submission, and follow-up to ensure timely recoveries

• Handle end-to-end financial processes to support smooth functioning of Corporate Engineering Responsibility Centers (RCs)

• Review and approve test quotations submitted for Shared Lab requests

• Identify appropriate testing rates using cost models and market benchmarking

• Define, review, and update Equipment Rates and Testing Rates annually in collaboration with Lab teams

• Perform post-billing analysis to evaluate actual costs, recoveries, and potential losses, and allocate results to respective Business Units

• Prepare financial performance reports, variance explanations, and insights for department managers and stakeholders

• Execute special projects and ad-hoc financial analyses as assigned

RESPONSIBILITIES

Skills and Experience

Experience

• Minimal relevant professional work experience in Finance, Accounting, or a related field

Technical & Functional Skills

• Financial analysis, including trend analysis, variance analysis, and cost monitoring

• Financial reporting and consolidation in support of business decision-making

• Budgeting, forecasting, and AOP preparation

• Invoicing, billing rate calculations, and cost recovery processes

• Knowledge of US Generally Accepted Accounting Principles (US GAAP) and compliance requirements

• Ability to ensure integrity and accuracy of financial data and investigate variances

• Strong analytical skills with attention to detail

• Experience in end to end financial and accounting process for multiple or specific business unit.

• Strong communication and stakeholder management.

Core Competencies

• Action Oriented: Takes initiative and approaches challenges with urgency and energy

• Collaborates: Builds strong partnerships to achieve shared objectives

• Communicates Effectively: Delivers clear, audience-appropriate financial insights

• Business Partnering: Influences decision-making by demonstrating strong business and financial understanding

• Financial Analysis & Reporting: Translates financial data into meaningful insights aligned with organizational goals

• Optimizes Work Processes: Focuses on efficiency, accuracy, and continuous improvement

• Nimble Learning: Adapts quickly and learns from experience

• Self-Development & Self-Awareness: Actively seeks growth and applies feedback

• Values Differences: Embraces diverse perspectives and cultures

QUALIFICATIONS

Qualifications

Looking for qualified CA / CMA with 3 or more years of corporate experience. Preferably in a shared service or captive setup would be an added advantage.

Job Finance

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Exempt - Experienced

ReqID 2424879

Relocation Package No

100% On-Site No