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Senior Cost Accountant

Job Description - Senior Cost Accountant

Description

We are looking for a talented Senior Cost Analyst to join our Cummins Inc. team in Shoreview, MN.


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



  • Conduct complex cost analyses that strengthen operational decision‑making.

  • Evaluate cost variances and recommend data‑driven corrective actions.

  • Partner with cross‑functional teams to improve financial performance and inventory accuracy.

  • Lead inventory accounting activities, including physical inventory oversight and valuation reviews.

  • Support new product and Value Package Introduction initiatives with robust cost insights.

  • Prepare strategic financial analyses and present recommendations to leadership.

  • Enhance cost standards and reactive cost processes to improve transparency and accuracy.

  • Mentor and coach junior analysts to elevate team capability.



Responsibilities

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

  • Strong analytical capability with the ability to interpret financial trends, variances, and risks to drive business improvement.
  • Proven experience partnering with stakeholders to influence decisions, strengthen internal controls, and support forecasting and reporting accuracy.
  • Demonstrated ability to manage complex cost accounting activities, inventory processes, and product cost management with precision.
  • Effective communication skills with the ability to convey financial insights to diverse audiences and collaborate across functions.

 

Education, Licenses, Certifications: 
College, university, or equivalent degree in Accounting, Finance or related field required. Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification preferred. 

Experience: 
Intermediate level of relevant professional work experience in the field of study required.



Qualifications

Additional Responsibilities & Preferred Key Competencies:

  • Demonstrated capability in cost accounting, reconciliations, SBP reporting, pricing analysis, and sales reporting.
  • Preferred experience supporting AR/Credit functions, I/C payables matching, and OMCS‑related activities.
  • Strong proficiency in financial systems, data analysis tools, and inventory management processes.
  • Ability to operate with accuracy, urgency, and sound judgment in a fast‑paced environment.
  • Skilled in financial reporting, forecasting, and applying US GAAP principles to ensure compliance and data integrity.
  • Collaborative mindset with the ability to build partnerships, communicate effectively, and navigate diverse perspectives.
  • Commitment to continuous improvement, adaptability, and proactive problem‑solving.

Please note that the salary range provided is a good faith estimate on the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate’s qualifications and experience, where appropriate.



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