Financial Analysts - Seniors #IN1276

Cummins•Columbus, IN

About The Position

The Financial Analyst (Senior) role involves utilizing advanced knowledge of financial analysis principles and practices to prepare complex and interpretive financial reports. Key responsibilities include guiding the annual budget process, managing expense and staffing forecasts, and handling statistical reporting. The analyst will act as a business partner to organizational units for budget development, prepare and consolidate financial data, and collaborate with stakeholders to align performance with financial goals. The position requires evaluating the business environment to mitigate risks and capitalize on opportunities, using various software tools like Power Point, Excel, Access, Oracle ERP R12, and Hyperion Enterprise/Retrieve for month-end journal entries, expense reporting, and senior management summaries. The role also involves interpreting complex financial data, analyzing trends, variances, opportunities, and risks to provide insights, evaluating financial results against targets, and ensuring data integrity through variance investigation. Furthermore, the analyst will use financial forecasting data for planning decisions, partner with stakeholders to validate assumptions for forecasts, and prepare and present financial information in compliance with regulations. The position requires applying US Generally Accepted Accounting Principles (US GAAP) to record transactions and assessing accounting requirements. Finally, the role involves developing financial models to evaluate the profitability of new business initiatives, pricing agreements, and using discounted cash flow techniques.

Requirements

Advanced knowledge of financial analysis principles and practices
Utilize software including Power Point, Excel, Access, Oracle ERP R12, and Hyperion Enterprise/Retrieve
Utilize US Generally Accepted Accounting Principle (US GAAP)

Responsibilities

Utilize advanced knowledge of financial analysis principles and practices to be responsible for the preparation of complex and interpretive financial reports.
Provide guidance for the annual budget process, expense and staffing forecasts, and statistical reporting.
Business partner with organizational units to develop annual budgets.
Prepare and consolidate financial data statistical reporting, including financial performance, variance explanations, and cost analysis.
Collaborate with stakeholders and develop partnerships to drive performance that align to organizational financial goals and strategies.
Evaluate business environment using measures to mitigate risk and capitalize on opportunities.
Manage month-end Journal entries, department expense reporting, and provide summary level reporting to senior management.
Interpret complex financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement.
Evaluate financial results against targets to communicate conclusions to all stakeholders including analyzing and reporting actuals.
Ensure the integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
Utilize financial forecasting data to provide forward looking projections to facilitate decision making regarding planning.
Partner with stakeholders to analyze financial trends and validate assumptions to provide a forecast that aligns with the organization’s goals.
Analyze complex financial data and prepare and present financial information by summarizing data to communicate results in compliance with regulations and stakeholder expectations.
Evaluate US accounting standards to record transactions in compliance with requirements and company policies.
Assess accounting requirements and objectives to determine implications on the business.
Develop financial models to evaluate the profitability of new business initiatives, pricing agreements and use discounted case flow techniques.