Career Area:

Finance

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other.  We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

 

Your Impact Shapes the World at Caterpillar Inc

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Job Summary

We are seeking a skilled Accountant (Costing) to join our Analytics COE - Costing and NPI– Global Finance Services Division.

From the outset, incumbent will be expected to be a contributing performer, doing staff level accounting work that supports business processes.

The preference for this role is to be based out of Bangalore- Whitefield Office

What you will do

From the outset, incumbent will be expected to be a contributing performer, doing staff level accounting work that supports business processes.
 

Gain an understanding of Caterpillar’s business and accounting practices, systems, and procedures.
 Learn and develop skills which result from the practical application of basic accounting knowledge, and
Provide assistance to a project team or others in the work group.Accountants will be exposed to a variety of accounting functions and will accomplish a high level of compilation and basic analysis work, reviewing clerical input and generating reports.The accountant identifies relevant data and data sources, gathers and analyses the information, and provides feedback. Typically, decisions will impact relatively low risk issues and will be reviewed by a supervisor.A supervisor will direct work, but this position does not require close supervision to be effective.

Desired Skills:

Cost system maintenance
 Normals & machine rate development
 Abnormals identification & reporting
 Prime product and/or component cost monitoring & analysis
 Operations and/or product group budgeting and expense analysis
 Capital expenditure forecasting and reporting.
 Standard and current cost grief resolution
 Support management with analysis for decision making in various projects and cost reduction programs.
 New product Introduction (NPI) comprehensive support which includes determining discounted cash flow (DCF) and Internal rate of return of different projects.
 Regional profitability reporting & analysis
 NPI support including future cost, should cost, alternative analyses and strategy.OPACC determination & analysis
 Enterprise coordination and/or governance of costing activities
 Product group and/or operational strategy development & execution
 Low-cost producer analysis
 Post implementation audit (PIA) completion.
 Development of new/alternative costing methodologies, processes, and/or systems
 The variety of accounting tasks ranges from low to medium complexity. Interaction outside the workgroup is typically with peers.

What you will have.

A certified accountant (CA/CMA) with college degree in accounting and 5-7 years of experience in accounting preferably in a manufacturing environment.Part Qualified with 14 years of experience, postgraduate or an MBA.Good accounting background, thorough knowledge of accounting flow and related methods of recording in theGeneral Ledger and knowledge in SAP environment (FI, MM & CO Module).Effective communications skills and a good understanding of computer systems especially in MS-Office and FinancialAnalytics Tool (Power BI, Tableau, Power Apps. etc.).Must demonstrate strong leadership, initiative, inter-personal skills and the ability to communicate effectively.
 

Skills desired:

Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
 

Level Extensive Experience:
Evaluates and makes contributions to best practices.
• Processes large quantities of detailed information with high levels of accuracy.
• Productively balances speed and accuracy.
• Employs techniques for motivating personnel to meet or exceed accuracy goals.
• Implements a variety of cross-checking approaches and mechanisms.
• Demonstrates expertise in quality assurance tools, techniques, and standards.
 

Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
Level Working Knowledge:
• Approaches a situation or problem by defining the problem or issue and determining its significance.
• Makes a systematic comparison of two or more alternative solutions.
• Uses flow charts, Pareto charts, fish diagrams, etc. to disclose meaningful data patterns.
• Identifies the major forces, events and people impacting and impacted by the situation at hand.
• Uses logic and intuition to make inferences about the meaning of the data and arrive at conclusions.

Accounting: Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes.
Level Working Knowledge:
• Utilizes cost monitoring practices, techniques and considerations.
• Works with financial transactions and related documentation within the organization.
• Participates in accounting practices of classifying and recording financial data.
• Maintains existing charts of accounts.
• Follows regulations for entering and reporting the financial content in major accounting systems. 

Planning: Strategic: Knowledge of effective planning techniques and ability to contribute to operational (short term), tactical (1-2 years) and strategic (3-5 years) planning in support of the overall business plan. Anticipates and adapts to plan changes.
Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems. Organizes and prioritizes the sequence of steps to be taken to remedy the situation. Ability to approach problems through Root cause analysis and corrective actions (RCCA).
 

Effective Communications: Understanding of effective communication concepts, tools, and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviours.
• Reviews others' writing or presentations and provides feedback and coaching.
• Adapts documents and presentations for the intended audience.
• Demonstrates both empathy and assertiveness when communicating a need or defending a position.
• Ability to communicate, downward, upward, and outward.
• Employs appropriate methods of persuasion when soliciting agreement.
• Maintains focus on the topic at hand.

Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Judgment and Decision Making: Knowledge of the decision-making process; ability to carefully evaluate the impact of emerging business situations and choose the best path forward communicating actions and activities that maximize organizational performance.
• Stands by decisions in the face of conflict or unexpected outcome.
• Selects the right activities to work on from a range of competing priorities.
• Ability to distinguish between, signal and noise when taking course of action.
• Ability to transit from evaluation to conclusion in appropriate time.
 

What you will get:

Work Life HarmonyEarned and medical leave.Flexible work arrangementsRelocation assistance

Holistic Development

Personal and professional development through Caterpillar ‘s employee resource groups across the globeCareer developments opportunities with global prospects

Health and Wellness

Medical coverage -Medical, life and personal accident coverageEmployee mental wellness assistance program

Financial Wellness

Employee investment planPay for performance -Annual incentive Bonus plan.

 Additional Information:

Caterpillar is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status; however, as a global company, Caterpillar offers many job opportunities outside of the U.S. which can be found through our employment website at www.caterpillar.com/careers

Caterpillar is an Equal Opportunity Employer (EEO)

EEO/AA Employer. All qualified individuals, including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

Posting Dates:

February 13, 2025 - February 19, 2025

Caterpillar is an Equal Opportunity Employer (EEO).

Not ready to apply? Join our Talent Community.