Job Description
This role is responsible for performing financial analysis, reporting, and supporting budgeting and forecasting processes while ensuring compliance with financial and tax regulations. The position operates with minimal supervision and plays a key role in managing financial data, supporting business decision-making, and driving tax compliance and reporting activities across the organization.
Tax Compliance & Operations
- Manage TDS/TCS compliance activities including return preparation, submissions, and year-end processes.
- Perform regular health checks and resolve open tax-related items across business units.
- Handle contract declarations, lower deduction certificates (LDC), and overseas transaction compliance.
Reconciliation & Reporting
- Conduct Form 26AS reconciliation and ensure alignment with financial records.
- Prepare and review schedules for income tax reporting and segmented P&L reporting.
- Ensure accuracy and consistency between financial books, returns, and statutory records.
Tax Provisions & Regulatory Compliance
- Support advance tax computation and payments.
- Prepare and review current and deferred tax provisions in line with applicable accounting standards.
- Manage regulatory reporting such as SFT and equalization levy.
- Ensure compliance with evolving tax regulations and reporting requirements.
Audit & Stakeholder Management
- Support tax audits, assessments, and handle notices from authorities.
- Collaborate with internal teams, consultants, and global stakeholders for timely issue resolution.
- Provide guidance to internal teams and suppliers on taxation-related matters.
Governance & Process Improvement
- Ensure adherence to internal controls, governance frameworks, and audit requirements.
- Maintain proper documentation and audit trails for all financial and tax activities.
- Contribute to continuous improvement initiatives across finance and tax processes.
Competencies
- Financial Analysis – Ability to interpret financial data, identify trends, and provide actionable insights.
- Financial Reporting – Expertise in preparing and presenting financial information aligned with business and regulatory requirements.
- Decision Quality – Makes sound financial decisions based on data and analysis.
- Communicates Effectively – Presents complex financial information clearly to stakeholders.
- Customer Focus – Supports internal and external stakeholders with a solution-oriented approach.
- Action Oriented & Nimble Learning – Proactively addresses challenges and adapts to new financial processes and regulations.
- Instills Trust – Demonstrates integrity, accuracy, and reliability in financial reporting.
- Values Differences – Works effectively in diverse teams and global environments.
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field (B.Com preferred).
- MBA (Finance), CA Inter, or equivalent qualification is preferred.
- Additional certifications or compliance requirements may apply as per regulatory needs.
Skills
- Strong knowledge of direct taxation (TDS/TCS) and income tax regulations.
- Expertise in financial reporting, reconciliation, and tax compliance processes
- Proficiency in financial systems and MS Office tools (especially Excel).
- Strong analytical, problem-solving, and data interpretation skills.
- Ability to manage audits, regulatory filings, and stakeholder interactions.
- Good communication and presentation skills.
- Ability to work in a fast-paced, cross-functional, and global environment.
Experience
- Significant relevant work experience in finance, accounting, or taxation.
- Typically, 3–4 years of experience in direct tax and finance operations (TDS-focused experience preferred).
- Experience in a manufacturing or plant finance environment is advantageous.
- Exposure to financial planning, reporting, and compliance activities in a corporate setting.
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.