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Accounts Payable Associate - Level III

AT Cummins
Cummins

Accounts Payable Associate - Level III

Newton Aycliffe, United Kingdom

DESCRIPTION

We are looking for a talented Accounts Payable Associate - Level III to join our team specializing in Finance for our Europe Finance department in Darlington, United Kingdom.

This is a maternity cover role for 9 months.

In this role, you will make an impact in the following ways:

  • Efficient Payment Processing: By accurately processing invoices, checks, wire transfers, and payments, you'll ensure timely and smooth financial transactions.
  • Vendor Relationship Management: Your ability to handle vendor inquiries and reconcile complex statements will strengthen relationships and maintain trust with vendors.
  • Error Resolution: By resolving complex invoice discrepancies, you'll help maintain accurate financial records and prevent payment delays.
  • Analytical Insights: Preparing detailed analyses of accounts will provide valuable insights for financial decision-making and strategy.
  • Process Improvement: Conducting root cause analysis of processing errors and suggesting improvements will enhance the efficiency and accuracy of the accounts payable process.
  • Month-End Support: Your support during month-end closing will ensure accurate and timely financial reporting.
  • Project Leadership: Leading and participating in accounts payable improvement projects will drive innovation and operational excellence.
  • Adaptability and Initiative: Performing other duties as assigned with minimal supervision will demonstrate your flexibility and proactive approach to tackling challenges.

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RESPONSIBILITIES

To be successful in this role you will need the following:

  • Strong Business Partnering Skills: Collaborate effectively with stakeholders, develop partnerships, and use your business knowledge to guide decision-making and drive performance aligned with organizational goals.
  • Proficiency in Financial Internal Controls: Assess and leverage internal controls, develop remediation plans to mitigate financial reporting risks, and adapt to changing business needs.
  • Technical Expertise: Be proficient in reconciliations of AP liability accounts, GRNI, and AP-related balance sheet accounts. Have a good understanding of journal entries, debits, and credits within the Balance Sheet & Profit/Loss Accounts.
  • Effective Relationship Building and Teamwork: Build strong relationships, support junior staff with AP knowledge, and work well under pressure, especially during month-end.

QUALIFICATIONS

Education/Experience:

  • Reconciliations of AP Liability accounts, GRNI (Goods Received Not Invoiced) and AP related balance sheet accounts.
  • Support more junior members of staff with AP knowledge.
  • Effective relationship building and teamwork skills essential for role.
  • Qualified or working towards Level 3 AAT is desirable but not essential.
  • Proficiency in Microsoft package (Excel & PowerPoint).
  • Must be proficient in journal entry process and good understanding of debits and credits within the Balance Sheet & Profit/Loss Accounts.
  • Ability to work well under pressure during Month-End.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Office

ReqID 2412596

Relocation Package No

Client-provided location(s): Darlington, UK
Job ID: Cummins-R-8756746BF193470D9235EC3934B64C1D
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • FSA With Employer Contribution
    • Health Reimbursement Account
    • On-Site Gym
    • HSA With Employer Contribution
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
  • Office Life and Perks

    • Company Outings
    • Casual Dress
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
  • Financial and Retirement

    • Relocation Assistance
    • Performance Bonus
    • Stock Purchase Program
    • Pension
    • 401(K) With Company Matching
  • Professional Development

    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Tuition Reimbursement