Cost Accountants - Senior #TN152

Develop and conduct complex cost audits, cost analyses and capital budget reviews. Analyze cost variances, determine root causes, and prepare recommendations and alternatives for improvement. Identify data analysis needs and prepare analyses and make strategic recommendations to management. Ensure inventory accounting is accurate and lead the physical inventory process, verifying cycle counting process and inventory valuations process. Manage Excess and Obsolete inventory and validate excess and obsolete accruals.  Perform system close for month-end and prepare account reconciliations after month-end. Perform capital monthly Planning, Forecasting, and Reporting (PFR) and guide Annual Operating Plan (AOP) process. Analyze performance and guide monthly and quarterly reporting package preparations, cash flow, Income statement and balance sheet analysis, and communicate analysis to management. Perform financial analysis using Net Present Value (NPV) and Internal Rate of Return (IRR) to quantify financial impact of cost reduction opportunities or investments. Evaluate US accounting standards to record inventory transactions in compliance with US Generally Accepted Accounting Principles (GAAP) and company policies; and assess the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders. Leverage internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs. Evaluate product cost options by partnering with business to optimize current and future product costs utilizing knowledge of Product Cost Management. Use Six Sigma Improvement tools, including DMAIC and DFSS to improve process for daily work.

Positions require a Master’s degree in Finance, Accounting or related field and 2 years of experience as an Accountant, Finance Analyst or related position. Alternatively, the employer will accept a Bachelor’s degree in Finance, Accounting or related field and 5 years of experience as an Accountant, Finance Analyst or related position. Experience to include: Cost audits, cost analyses and capital budget reviews; Cost variances; Physical inventory process; Excess and Obsolete inventory; Annual Operating Plan (AOP); Financial Planning and Forecasting; Income statement and Balance sheet analysis; Net Present Value (NPV) and Internal Rate of Return (IRR); Generally Accepted Accounting Principles (GAAP); Financial internal controls; Six Sigma Improvement tools including DMAIC and DFSS.

Start date of posting:      05/01/2025

End date of posting:       05/16/2025

Position type:                 Onsite

Location:                        Memphis, TN

*Annual USD Salary Minimum – Maximum $100,000 - $150,000

Cummins 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.