Cost Accountant

Cost Accountant

Description

Cost Accountant

Our culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make your community a better place and work with today's most innovative thinkers to solve the world's toughest problems.

We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That's what #LifeAtCummins is all about.

We are looking for a talented Cost Accountant to join our team specializing in accounting / finance for our Power Systems Business based in Shoreview MN and your remote home office.

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

• Develops and conducts complex cost audits and cost analysis.
• Supports complex Value Package Introduction and new product introduction projects.
• Business partnering internal and external to operations.
• Analyzes cost variances (IPV (Invoice Price Variance)/PPV (Purchase Price Variance)), determines root causes, and prepares recommendations and alternatives for improvements. Identifies data analysis needs and works with appropriate departments to obtain the data on a regular basis.
• Prepares analysis and drafts materials presenting strategic recommendations to be made to management.
• Supports Supply Chain function for inventory management, conducting planning, forecasting, and reporting activities and preparing balance sheet reconciliations for valuation and inventory reserves.
• Ensures inventory accounting is accurate and leads the physical inventory process (direct and indirect) from a finance perspective, verifies cycle counting process and verifies the inventory valuation process.
• Business partnering at Senior Management level.
• Preparing SBP financial forecasts for input into global consolidation for CGT.
• Maintains robust controls as applicable including account reconciliations, DOA/Approvals etc.

Qualifications

To be successful in this role you will need the following:

• College, university, or equivalent degree in Accounting, Finance or related field required.
• Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant, or similar certification preferred.
• Minimum 3 years of relevant professional work experience with manufacturing experience preferred.
• Experience with MS Office Products and Oracle preferred

Compensation and Benefits

Base salary rate commensurate with experience. 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.

Cummins and E-Verify

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee's Form I-9 to confirm work authorization.

Job FINANCE

Primary Location United States-Minnesota-Minneapolis-US, MN, Shoreview, CPG Headquarters Victoria St

Job Type Experienced - Exempt / Office

Recruitment Job Type Exempt - Experienced

Job Posting Jul 19, 2022, 9:57:55 PM

Unposting Date Ongoing

Organization Power Systems Business

Req ID: 220005AL