Accounting Associate

Career Area:

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.

We are seeking a skilled Accounting Associate to join our Analytics COE - Product - GFSD, Bangalore Team.

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 Chennai , WTC -India

What you will do

Job Roles and Responsibilities

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.

Possible areas of responsibility are varied, including:

• 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.
• The variety of accounting tasks ranges from low to medium complexity. Interaction outside the workgroup is typically with peers.
• As the Accountant gains experience, he/she will develop a technical understanding of more complex accounting issues and expand their decision-making capability.
• Accountants will continuously learn through training and experience.
• Learning at this level will focus on methods, processes and systems applied to accounting, developing communications skills and building knowledge of Caterpillar’s businesses, products, suppliers and customers.

What you will have

• A fresher certified accountant (CA/CMA) with college degree in accounting and 2-3 years of experience in accounting preferably in a manufacturing environment.
• Good accounting background, thorough knowledge of accounting flow and related methods of recording in the General 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 Financial Analytics Tool (Power BI, Tableau, Power Apps. etc.).
• Must demonstrate strong leadership, initiative, inter-personal skills and the ability to communicate effectively.
• This position requires candidate to work a 5-day -a -week schedule in the office

Skill Descriptors

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

• 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.

What you will get:

• Work Life Harmony
• Earned and medical leave.
• Relocation assistance

Holistic Development

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

Health and Wellness

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

Financial Wellness

• Employee investment plan
• Pay 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:

Caterpillar is an Equal Opportunity Employer. Qualified applicants of any age are encouraged to apply

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