Accounts Payable Analyst

The Accounts Payable Analyst provides analytical and operational support as a member of the Accounts Payable (AP) team, ensuring accurate, timely, and compliant execution of AP processes for assigned India ABO entities. The role focuses on delivering high-quality financial reporting, driving process standardization and automation, strengthening internal controls, and enhancing customer experience through proactive stakeholder engagement and business partnering.

Key Responsibilities Operational Excellence & Month-End Close

• Complete all month-end close activities accurately and on time (by WD 3), ensuring “right-first-time” delivery.
• Prepare and submit CMI and IGAAP reconciliations for assigned Business Units accurately and within timelines.
• Prepare audit schedules including Trade Payables, AP Debit Balances, MSME, and AP Sub-Ledger Variance.
• Prepare AP Packs for Balance Sheet reviews.
• Perform SOx and/or IFC controls for the AP function, maintain supporting documentation, and ensure timely corporate submissions.
• Provide timely support during audits, reviews, and control testing for assigned Business Centers.
• Prepare, analyze, and review AP ageing reports; drive resolution of aged and outstanding items.

Analytics & Reporting

• Prepare analyses, statistical reports, and insights for the Accounts Payable team.
• Interpret financial data by analyzing trends, variances, risks, and opportunities.
• Provide recommendations for improvements in processes and controls.
• Ensure integrity of financial data by investigating discrepancies and implementing corrective actions.

Process Improvement & Automation

• Identify opportunities for standardization across AP workstreams while respecting unique Business Unit requirements.
• Explore automation opportunities to improve efficiency and reduce manual interventions.
• Prepare, maintain, and revise Standard Operating Procedures (SOPs) as required.
• Participate in and execute special projects and continuous improvement initiatives.

Stakeholder Management & Business Partnering

• Foster strong partnerships with Business Units and cross-functional Finance teams.
• Arrange and lead review meetings with stakeholders to enhance business effectiveness.
• Document meeting minutes (MOM), track action items, and ensure timely closure.
• Address escalations and critical cases with urgency; proactively elevate risks to avoid service disruptions.
• Serve as a trusted advisor to stakeholders, driving a customer-focused culture and enhancing overall service delivery experience.

ResponsibilitiesSkills & CompetenciesCore Behavioral Competencies

• Action Oriented – Takes initiative and handles challenges with urgency and energy.
• Collaborates – Builds partnerships and works effectively across teams.
• Communicates Effectively – Conveys information clearly to diverse stakeholders.
• Customer Focus – Builds strong relationships and delivers customer-centric solutions.
• Drives Results – Consistently achieves goals even under tight timelines.
• Instills Trust – Demonstrates integrity, transparency, and accountability.
• Nimble Learning – Learns from experience and adapts to change.
• Self-Development – Actively seeks growth and learning opportunities.
• Values Differences – Embraces diverse perspectives and inclusive practices.

Functional Competencies

• Business Partnering – Collaborates with stakeholders to align financial processes with business strategy; provides financial insights to support decision-making.
• Financial Analysis – Analyzes financial results, identifies trends and variances, and communicates insights to stakeholders.
• Strong knowledge of Accounts Payable processes and controls.
• Working knowledge of SOx/IFC controls and audit requirements.
• Strong analytical and problem-solving skills.
• Proficiency in MS Excel and ERP systems (SAP or similar preferred).
• Basic understanding of automation tools and process improvement methodologies.

Experience

• Minimal relevant work experience required.
• Experience in Accounts Payable, financial reporting, reconciliations, or shared services environment preferred.
• Exposure to month-end close, audits, and internal controls is an advantage.

QualificationsQualifications

• College, university, or equivalent degree in Accounting, Finance, or related field required.
• Professional certifications (e.g., CA Inter, CMA Inter, CPA – preferred but not mandatory).
• Understanding of Indian GAAP (IGAAP) and internal financial controls preferred.

About UsCummins is an equal opportunity employer. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, sex, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, or other status protected by law.