DESCRIPTION
GPP Database Link (https://cummins365.sharepoint.com/sites/CS38534/)
Job Summary:
Responsible for managing the execution of financial, operational, information systems, and compliance audits to evaluate the effectiveness and efficiency of the internal control environment. Also responsible for managing audit team direct reports.
Key Responsibilities:
Assists in development of audit plan based upon results of the annual risk assessment. Manages execution of audits, including planning, testing and reporting, to evaluate the effectiveness and efficiency of the internal control environment in compliance with audit standards. Reviews key audit documentation to ensure compliance with audit quality standards. Ensures audit issues are well defined and documented accurately, clearly and concisely. Reviews audit results and issues with process owners to verify the accuracy of audit issues. Communicates audit status, testing results, observations and improvement recommendations to stakeholders. Develops relationships with business leaders to understand business, risks and control environment and be considered a trusted business advisor. Prepares formal written reports to communicate audit results to management. Coaches, trains, and develops professional audit staff to develop skills and capabilities. Manages contracted audit staff. Assists in management of audit schedule, including assigning resources according to availability, skills, and developmental needs. Manages direct reports, including assessing performance and providing direct, meaningful and timely feedback.
Want more jobs like this?
Get Accounting and Finance jobs in Beijing, China delivered to your inbox every week.
RESPONSIBILITIES
Competencies:
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Develops talent - Developing people to meet both their career goals and the organization's goals.
Directs work - Providing direction, delegating, and removing obstacles to get work done.
Drives engagement - Creating a climate where people are motivated to do their best to help the organization achieve its objectives.
Ensures accountability - Holding self and others accountable to meet commitments.
Manages ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.
Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
Project Management - Establishes and maintains the balance of scope, schedule and resources for a temporary effort (a "project"). Ensures results/impact from temporary effort are fully realized as possible.
Values differences - Recognizing the value that different perspectives and cultures bring to an organization.
Audit Standards - Leverages audit standards and performs audits to evaluate the design and operating effectiveness of internal controls; summarizes procedures and findings to communicate audit results to stakeholders.
Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.
Financial Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.
Education, Licenses, Certifications:
College, university, or equivalent degree in Accounting, Finance, Information Technology, or related field required.
Certified Internal Auditor, Certified Public Accountant, Chartered Accountant or similar certification required.
Experience:
Significant experience required, including supervisory experience.
QUALIFICATIONS
Additional information to be successful for this role:
Experience related:
- Big four accounting firms experience required, audit experience of manufacturing industry prefered
- Inhouse internal control or internal audit experience is a plus for manufacturing enterprise
- Software skills, excel, power BI and familiar with oracle/SAP system
Soft Skill:
- Leadership and Team Management : Effectively managing a team, ensure smooth operations and foster a collaborative environment and team-work spirit.
- Quality Audit Work : Your oversight/experience will guarantee timely and clearly guide and identify control risk, reporting of value-added observations, which is crucial for Internal Audit work.
- Quality Control : Through meticulous review of general ledger entries, account reconciliations, and various reports, you'll maintain high standards of financial accuracy and integrity.
- Stakeholder communication, effectively communciate with external functions, audtieees and internal team members, facilitate clear and transparent communication regarding audit result and opinions.
- Collaboration with internal control and compliance team , internal control team would be a partner of internal audit, work closely and leverage their resource could make risk orientation more clear. Support compliance case as needed or request by senior leadership.
- Staff Development, providing training to new and existing staff to build a knowledgeable and skilled team, contributing to the overall success of the department.
- Proficient in prioritizing tasks and managing time effectively to align with project objectives and deadlines.
- Expertise in managing multiple projects simultaneously, ensuring that they meet or exceed stakeholders' expectations.
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Exempt - Experienced
ReqID 2412264
Relocation Package No