We are looking for a talented Senior Cost Analyst to join our Cummins Inc. team in Shoreview, MN.
In this role, you will make an impact in the following ways:
- Conduct complex cost analyses that strengthen operational decision‑making.
- Evaluate cost variances and recommend data‑driven corrective actions.
- Partner with cross‑functional teams to improve financial performance and inventory accuracy.
- Lead inventory accounting activities, including physical inventory oversight and valuation reviews.
- Support new product and Value Package Introduction initiatives with robust cost insights.
- Prepare strategic financial analyses and present recommendations to leadership.
- Enhance cost standards and reactive cost processes to improve transparency and accuracy.
- Mentor and coach junior analysts to elevate team capability.
To be successful in this role, you will need the following:
- Strong analytical capability with the ability to interpret financial trends, variances, and risks to drive business improvement.
- Proven experience partnering with stakeholders to influence decisions, strengthen internal controls, and support forecasting and reporting accuracy.
- Demonstrated ability to manage complex cost accounting activities, inventory processes, and product cost management with precision.
- Effective communication skills with the ability to convey financial insights to diverse audiences and collaborate across functions.
Education, Licenses, Certifications:
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.
Experience:
Intermediate level of relevant professional work experience in the field of study required.
Additional Responsibilities & Preferred Key Competencies:
- Demonstrated capability in cost accounting, reconciliations, SBP reporting, pricing analysis, and sales reporting.
- Preferred experience supporting AR/Credit functions, I/C payables matching, and OMCS‑related activities.
- Strong proficiency in financial systems, data analysis tools, and inventory management processes.
- Ability to operate with accuracy, urgency, and sound judgment in a fast‑paced environment.
- Skilled in financial reporting, forecasting, and applying US GAAP principles to ensure compliance and data integrity.
- Collaborative mindset with the ability to build partnerships, communicate effectively, and navigate diverse perspectives.
- Commitment to continuous improvement, adaptability, and proactive problem‑solving.
Please note that the salary range provided is a good faith estimate on the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate’s qualifications and experience, where appropriate.
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.Skills Required
- College, university, or equivalent degree in Accounting, Finance, or a related field
- Intermediate level of relevant professional work experience in the field of study
- Experience in cost accounting, reconciliations, SBP reporting, pricing analysis, and sales reporting
- Strong analytical capability interpreting financial trends, variances, and risks
- Experience partnering with stakeholders to influence decisions, strengthen internal controls, and support forecasting and reporting accuracy
- Ability to manage complex cost accounting activities, inventory processes, and product cost management
- Effective communication and cross-functional collaboration skills
- Progress toward CPA, CMA, Chartered Accountant, or similar certification
- Experience supporting AR/Credit functions, intercompany payables matching, and OMCS-related activities
- Proficiency in financial systems, data analysis tools, and inventory management processes
- Knowledge of financial reporting, forecasting, and US GAAP principles
Cummins Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cummins and has not been reviewed or approved by Cummins.
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Retirement Support — A 401(k) with company contribution/match and both defined contribution and defined benefit pension plans are offered, alongside profit sharing and an employee stock purchase plan. This mix supports long-term savings and financial security.
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Healthcare Strength — Multiple medical plan options (HSA, HSA Plus, PPO) with dental, vision, life and long-term disability coverage are provided, along with telehealth, mental-health support, and wellness tools. In-network protections and HSA/HSA Plus structures are described to help manage costs.
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Parental & Family Support — Paid maternity and paternity leave, family medical leave, and adoption assistance are offered. Reduced or flexible hours and unpaid extended leave options further support caregiving needs.
Cummins Insights
What We Do
At Cummins, we empower everyone to grow their careers through meaningful work, building inclusive and equitable teams, coaching, development and opportunities to make a difference. Across our entire organization, you'll find engineers, developers, and technicians who are innovating, designing, testing, and building. You'll also find accountants, marketers, as well as manufacturing, quality and supply chain specialists who are working with technology that's just as innovative and advanced.
