Cummins Inc. Hiring for CES Commercial and Receivables Manager at Pune, India Full Time

DESCRIPTION

Job Summary:

The CES Commercial and Receivables Manager works closely with internal and external stakeholders, including customers, account managers, and finance teams, to manage account receivables, resolve disputes, and drive efficient financial operations. This role involves direct communication with customers to address account-related concerns, ensuring timely collections, and handling invoicing and commercial settlements. The position requires a proactive, customer-focused approach to ensure seamless resolution of financial discrepancies and effective receivables management.

Key Responsibilities:

1. Account Receivables Management

2. Serve as the single point of responsibility for managing account receivables for all CES customers.

3. Work directly with customers and account managers to track weekly receivable collections and ensure timely payments.

4. Identify and track unrecognized revenues, driving timely closures with internal teams.

5. Customer Account Resolution

6. Resolve disputes related to invoices, conducting monthly account settlements with all customers.

7. Act as the primary contact for raising, tracking, and closing supplementary invoicing against pricing adjustments or commercial amendments on a monthly basis.

8. Financial Reconciliation and Reporting

9. Perform monthly, quarterly, and annual GST reconciliations between CES and customers, collaborating with customers’ finance representatives.

10. Publish monthly Commercial MIS reports detailing pricing actions, commodity settlements, invoicing status, and collections progress.

11. Track and manage purchase order pricing movements for major CES customers on a weekly basis.

12. Monitor and report on warranty debits, providing monthly provisions to finance and quality teams for necessary actions.

RESPONSIBILITIES

Competencies:

• Action Oriented – Tackles new opportunities and challenges with urgency, energy, and enthusiasm.

• Collaborates – Builds effective partnerships and works collaboratively to achieve shared objectives.

• Communicates Effectively – Delivers clear, multi-mode communication tailored to different audiences’ needs.

• Customer Focus – Builds strong relationships and provides solutions that prioritize customer needs.

• Decision Quality – Makes sound decisions promptly to drive business results.

• Instills Trust – Gains trust through integrity, honesty, and authenticity.

• Nimble Learning – Learns quickly through experimentation, leveraging successes and failures as learning experiences.

• Values Differences – Embraces diverse perspectives and recognizes the value of cultural differences.

• Business Partnering – Collaborates with stakeholders, aligning strategies to organizational goals while driving business performance.

Education, Licenses, Certifications:

• High school diploma or certificate of completion of secondary education, or equivalent experience.

Experience Level :

• Minimal or no prior work experience required, but familiarity with financial processes, invoicing, and customer management is beneficial.

• Bachelor’s degree or equivalent qualification; relevant experience considered.

QUALIFICATIONS

Skills and Experience:

• Customer Account Management : Experience in managing account receivables, resolving disputes, and handling financial reconciliations.

• Financial Reporting : Proficient in generating MIS reports, tracking purchase orders, and providing financial insights.

• Invoicing & Reconciliation : Knowledge of GST reconciliations and supplementary invoicing processes.

• Problem Solving : Ability to identify discrepancies and drive resolutions to optimize financial performance.

• Communication : Strong verbal and written communication skills to interact effectively with customers and internal stakeholders.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Office

ReqID 2406722

Relocation Package No