Accounts Receivables Associate - Level III

Cummins - Bentonville, AR

Full-time - Mid Level

Bentonville, AR

Machinery Manufacturing

About the position

The Accounts Receivables Associate - Level III at Cummins Inc. is responsible for managing complex customer accounts, processing payments, and conducting analyses to improve accounts receivable processes. This role involves collaboration with various stakeholders to ensure accurate reporting and compliance with financial controls, while also supporting inventory management and cost analysis activities.

Responsibilities

• Work with more complex customers to process payments.
• Prepare statements of accounts for customers.
• Answer basic and complex customer inquiries.
• Prepare analysis of accounts.
• Conduct root cause analysis of late payments and suggest process improvements.
• Prepare month-end reporting.
• Participate in and/or lead projects related to Accounts Receivable improvement.
• Perform other duties as assigned.
• Perform processing of inventory-related journals.
• Ensure production and publishing of inventory-related system reports.
• Create and maintain costing for new parts.
• Perform calculation of standard rates and update the system where required.
• Support and complete inventory-related reconciliations.
• Monitor and follow-up on aged inventory, including inventory with outside service providers.
• Support inventory valuation process.
• Support various internal and external cost and inventory audits.
• Support the annual and quarterly physical inventory and cycle count processes.
• Complete the analysis of material cost variances, help determine root causes, and prepare recommendations for review.
• Participate in projects related to inventory and cost improvements.
• Perform ad hoc duties as required.
• Perform monthly closing activities.
• Prepare working for PLI & PSI schemes.
• Support in audit-related activities.
• Support any ad hoc requests coming up from the plant.
• Manage expenses analysis to drive planned improvements, achieve stretch targets, and validate cost savings projects related to manufacturing expenses.

Requirements

• High school diploma or certificate of completion of secondary education or equivalent experience.
• ICWA Inter/CA Inter qualification.
• Significant relevant work experience or specialized skills obtained through education, training, or on-the-job experience.
• Experience in coordination with internal or external suppliers and stakeholders.
• Proficiency in processing and monitoring supplier orders.
• Strong analytical skills for metrics analysis and reporting.
• Experience with Xelus, GOMS, and aftermarket planning.
• Competency in using materials planning systems and tools such as Excel, Access, TOAD, OMS, etc.
• Knowledge of Plan for Every Part (PFEP) principles.
• Skills in analysis and troubleshooting, inventory management and optimization, and materials KPI management.
• Oracle SCM knowledge required under PO, Inventory, Order Management (2-3 years).
• Knowledge/Skills in Inventory Management.

Nice-to-haves

• Experience with RPA / Automation / MACRO Projects.

Benefits

• Flexible work environment
• Opportunities for career development
• Inclusive workforce culture