Cummins Inc.
Description
Responsible for all accounting, budgeting, financial controls, and costs for a functional organization (i.e. supply chain, marketing, engineering, manufacturing, etc.) at the global level or an entity which has high complexity/large operational footprint. Ensures consistent application of accounting practices. Partners with the function to provide finance leadership across the organization.
Participates in the business as a member of the leadership team to drive key business metrics, provides input into development of business strategies, and provides financial support for new business development.
Directs monthly and quarterly financial reporting processes; leads finance communication across entity; develops and presents financial analysis to business partners.
Directs the Annual Operating Plan (AOP) and forecast processes, provides leadership to business to meet cost and working capital targets.
Works with business partners to ensure processes are efficient and cost effectiveness to improve the profitability of the entity; partners with business leaders to create operational efficiencies driving continuous improvements and growth initiatives.
Leads efforts to comply with any governmental or regulatory organization financial requirements and regional complexities, such as tax regulations, currency hedging, statutory requirements.
Leads capital management process at the entity level.
Allocates financial resources to support business initiatives, including accounts receivable collections, managing inventory and payables, etc.
Coaches and mentors all entity finance staff; assigns work according to availability, skills, and developmental needs; assesses performance and provides feedback to direct reports.
Skills
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.
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 Planning and Forecasting – Utilizes financial forecast data to provide forward looking projections to facilitate decision making; partners with stakeholders to analyze trends and validate assumptions to provide a forecast that aligns to the organization’s goals and strategies.
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.
Ensures accountability – Holding self and others accountable to meet commitments.
Develops talent – Developing people to meet both their career goals and the organization’s goals.
Communicates effectively – Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Directs work – Providing direction, delegating, and removing obstacles to get work done.
Plans and aligns – Planning and prioritizing work to meet commitments aligned with organizational goals.
Drives results – Consistently achieving results, even under tough circumstances.
Situational adaptability – Adapting approach and demeanor in real time to match the shifting demands of different situations.
Education, Licenses, Certifications
College, university, or equivalent degree in Accounting, Finance or related field required. Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification required.
Experience
Significant experience required, including strategy, managerial and budgetary experience in a large manufacturing or distribution center environment.
Member of DEP Plant Leadership Team, reporting directly to the Plant Manager, helping drive strategic direction of plant and aligning and designing financial targets to ensure strategies are met
Leads multi BU finance org which includes elements of Darlington CES operations
Ownership and Governance of Site booking code including all of the hosted entities
Leads the Darlington Campus FRG from a finance perspective
Business Partnering with Functional leaders to support cost improvement and goal tree initiatives
Support new products transition from VPI to Plant operations (System set up, product cost analytics, Overhead rates determination, etc. )
Engage in product simulation work for future products with VPI and Engineering teams.
Monitor adequate control and balances in AP, AR, Inventory and Capital
Support plant level wage negotiations
Engage with the team on Contract negotiations
Job FINANCE
Primary Location United Kingdom-England-Darlington-UK, Darlington, Cummins Engine Co Ltd
Job Type Experienced – Exempt / Office
Recruitment Job Type Exempt – Experienced
Job Posting May 24, 2023, 8:39:59 AM
Unposting Date Ongoing
Organization Engine Business
Role Category Hybrid – Potential for Partial Remote
Req ID: 230005A3
To apply for this job please visit uk.whatjobs.com.