Internal Controls Manager - North America

INTERNAL CONTROLS - MANAGER

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We are looking for a talented INTERNAL CONTROLS - MANAGER to join our team specializing in Controls for our CORPORATE ORGANIZATION in Indianapolis Indiana.

In this role, you will make an impact in the following ways:

• Responsible for managing the internal controls team execution of business process and internal controls reviews for a business segment, region, or distributor. Also, responsible for engaging with the business to drive process and internal control improvements.
• Assist in the development and manages execution of annual control plan.
• Manages execution of business process and internal control process reviews to evaluate the effectiveness of the internal control environment.
• Reviews identification of business risks and opportunities for improvement in safeguarding company assets and business operations.
• Reviews internal control documentation (i.e. process maps, flowcharts, control matrices) to ensure documentation is current and processes are designed in accordance with company requirements.
• Manages process improvement initiatives to enhance accounting and internal control systems.
• Develops relationships with business leadership team to implement internal control improvements (including management implementation plans) that are meaningful and practical.
• Partners with business, auditors (including Business Process Analysis team, internal auditors and external auditors) and Accounting Policy to provide guidance on developing internal controls and application of policies and address internal control deficiencies and accounting issues.
• Develops and provides internal control training to provide guidance to business on internal controls and company policies.
• Develops staff to build strong and effective internal controls team to support the business segment, region or distributor.
• Manages, coaches, and mentors professional staff to develop skills and capabilities and provides continuous feedback.

Skills

• US Generally Accepted Accounting Principles - Evaluates US accounting standards to record transactions in compliance with requirements and company policies; assesses the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge.
• Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.
• 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.
• Ensures accountability - Holding self and others accountable to meet commitments.
• Business insight - Applying knowledge of business and the marketplace to advance the organization’s goals.
• 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.
• Manages conflict - Handling conflict situations effectively, with a minimum of noise.
• Courage - Stepping up to address difficult issues, saying what needs to be said.
• Directs work - Providing direction, delegating, and removing obstacles to get work done.
• Global perspective - Taking a broad view when approaching issues, using a global lens.
• Persuades - Using compelling arguments to gain the support and commitment of others.

Education, Licenses, Certifications

College, university, or equivalent degree in Accounting required.
Certified Public Accountant, Certified Internal Auditor or related certification required.

Experience

Significant relevant work experience, including supervisory experience, required.

This role directs a team of up to two internal controls employees on the US Business Advisory team within the Global Internal Controls group. This role supports US entities in design and monitoring of internal controls. Specifically:

• Identifying project objectives, resource requirements, and timelines.  Holding team accountable to defined project plan.
• Performing and overseeing process walkthroughs and documenting business processes in Visio process flow and/or narrative format.
• Identifying risks and controls unique to each entity, and assessing criticality of identified risks and controls
• Working with ambiguity and undefined processes.  Critically thinking
• Performing quality reviews of balance sheet account reconciliations and providing feedback to stakeholders
• Communicating with entity finance management and other stakeholders in order to execute project workplans and report on findings or improvement points
• Collaborating with entity personnel in the development of control design/improvement/remediation in order to adequately mitigate risk
• Displaying knowledge of various business processes across the Cummins organization/business units and consideration of end to end process elements.
• Providing direct and timely feedback on performance and development needs to direct reports and other project team members.

Base salary rate commensurate with experience, range: $97,600-$146,400. Please note that the salary range provided is a good faith estimate on the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate’s qualifications and experience, where appropriate. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage, and a full complement of personal and professional benefits.