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 to join our Analytics COE - Costing and NPI.
The incumbent would be performing staff accounting functions that support business processes and provide experience with Caterpillar accounting practices.
The preference for this role is to be based out of Whitefield Office, Bangalore, 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.
Additionally, this position will:
• 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
• Requires a certified accountant (CA/CMA) with college degree in accounting and 5-7 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.
Skills desired:
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.
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 behaviors.
💡 Quick Summary
Seeking a career-building opportunity? The Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.