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Accounting Policy - Business Segment Managers #IN1223

Accounting Policy - Business Segment Managers #IN1223

CumminsIndianapolis, IN, US
2 days ago
Job type
  • Full-time
Job description

Financial Reporting Specialist

Work with Finance and serve as a point of contact within the policy team to identify, describe, resolve, consult and document complex accounting issues and transactions. Prepare and lead technical accounting trainings specific to the business unit. Analyze financial data by evaluating results and solutions to support business decisions. Utilize knowledge with Financial Reporting to prepare and present financial information by summarizing data to communicate results in compliance with regulations and stakeholder expectations, and partner with stakeholders to drive financial performance that aligns to organizational goals and strategies. Responsible for performing and overseeing highly specialized accounting work required to maintain the department's general ledger. Review and provide guidance on the accounting for revenue transactions over the defined threshold in the accounting policy. Initiate and document memos related to any policy exemptions and coordinate approval with the Corporate Policy team. Participate on project teams for ensuring timely implementation of new US Generally Accepted Accounting Principles (US GAAP) requirements including identifying all areas of the business that will be impacted by the changes, monitor timeline for implementation. Work on projects in conjunction with finance system improvements and assist the Global Internal Controls team on control initiatives for the business unit. Interpret highly complex financial data by analyzing trends, variances, opportunities and risks and ensure integrity of financial data by investigating variances and determining corrective actions to resolve identified issues. Leverage internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs. Evaluate and research transactions to ensure recorded in compliance with accounting regulations and company policies. Summarize technical accounting assessments by documenting accounting requirements, considerations and conclusions in accounting memos to communicate assessment results to internal and external stakeholders. Respond to inquiries received from management, internal and external auditors, Sarbanes-Oxley audit group and others regarding financial results and special reporting requests. Make and implement recommendations to improve accounting processes and procedures. Implement new accounting standards and protect the organization's values by keeping information confidential.

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Manager Accounting • Indianapolis, IN, US

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