Account (Staff Acct I Cost / DS)

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.

About Caterpillar

Caterpillar Inc . is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.

For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.

Position Title: Account (Staff Acct I Cost / DS)

Job Location: Bangalore, KA-India

Job Summary

Perform staff accounting functions that support Centre of excellence business processes and gain experience with Caterpillar accounting practices.     

Job Duties

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
• Aid 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.

Background/Experience

• Requires a certified accountant (CA/CMA) with college degree in accounting and 3-5 years of experience in accounting preferably in a manufacturing environment.
• Part Qualified with 7 years of experience, postgraduate or an MBA.
• 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.

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 2, 2024 - February 8, 2024

Caterpillar is an Equal Opportunity Employer (EEO).

Not ready to apply? Join our Talent Community .