Accounting Associate

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.

Job Description

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 Accounting Associate to join our GLBL BusSvcs RTR - Global Finance Services Division To perform Record To Report (RTR) activities for Global entities (US, EAME, APAC) based entities as part of Centre of Excellence (COE) team from Bangalore Global Business Services (GBS) Organization as per – standard processes. The preference for this role is to be based out of Bangalore-Shared Services, Whitefield -KA

What you will do

• Manages the financial record keeping, reporting, tax filing and other accounting functions for the organization.
• Provides timely and accurate financial record keeping and reporting as directed by management.
• Maintaining financial records in accordance with GAAP and organizational standards.
• Creating reports on financial performance and providing insightful analysis for internal and external use.
• Upon request, take part in special projects and ad hoc reporting requests.
• Maintain, implement, and adhere to internal controls while ensuring that accounting procedures comply with GAAP.

What you will have

• Qualified CA with 0-2 Years relevant work experience, or Qualified CMA/MBA/CA Inter with 5-7 years relevant work experience in RTR Accounting, Month end closings, Balance sheet Account Reconciliations, etc.
• This includes application of accounting standards (US GAAP/IFRS/IND AS) especially in the areas pertaining to Loans, Leases, Financial Instruments, Borrowings, etc.
• Experience of working in Oracle ERP is highly preferable.
• Experience of working in captive accounting service centres or large corporates with Financial Services nature of business is preferable
• Experience in Data Analytical skills and AI Tools like PowerBi, MS-Copilot will be considered useful.
• Experience in understanding accounting/business issues and doing accounting investigation for identifying root cause analysis will be considered useful.
• Flexibility to work in shift timings (EAME/US Shifts) - EAME (1 PM to 10 PM), US (Non MEC – 3 PM to 12 PM / MEC - 6 PM to 3 AM)

Additional Information

This position requires candidate to work a 5-day -a -week schedule in the office Should be open to work in shifts.

Skills desired

Planning: Tactical, 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.

Level Working Knowledge:

• Contributes to short-term operational plans.
• Anticipates and adapts to plan changes.
• Monitors progress of work against plan as required to meet objectives.
• Reports variances and makes agreed-upon corrections.
• Under guidance, develops tactical plan for own direct responsibility.

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.

Level Working Knowledge:

• Delivers helpful feedback that focuses on behaviors without offending the recipient.
• Listens to feedback without defensiveness and uses it for own communication effectiveness.
• Makes oral presentations and writes reports needed for own work.
• Avoids technical jargon when inappropriate.
• Looks for and considers non-verbal cues from individuals and groups.

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.

Level Working Knowledge:

• Discerns between "signal" and "noise" when considering courses of action.
• Selects the right activities to work on from a range of competing priorities.
• Stands by decisions in the face of conflict or unexpected outcome.
• Makes the transition from evaluation to conclusion readily and in a timely manner.
• Revisits decisions when appropriate, but infrequently and without disrupting focus.

Managing People

Knowledge of processes involved in managing people; ability to lead successful teams, and diligently address issues related to performance and conflicts at the workplace.

Level Basic Understanding:

• Describes the general processes and procedures involved in people management.
• Identifies the needs of the organization and employees; matches them to appropriate solutions.
• Lists major activities performed in managing people at the workplace.
• Understands relevant systems, tools, and resources required for managing people.

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.

Financial Analysis

Knowledge of tools and approaches of financial analysis; ability to read, interpret and draw accurate conclusions from financial and numerical material.

Level Basic Understanding:

• Describes the concepts behind financial analysis and implications of financial data.
• Explains how financial statements are organized and the type of information they provide.
• Identifies major types of financial statements issued by the organization.
• Lists activities and responsibilities of financial analysts.

Financial Reporting

Knowledge of processes, methods, and tools of financial reporting; ability to create and maintain accurate and thorough financial reports.

Level Working Knowledge:

• Follows organizational practices and guidelines for product profitability reporting.
• Analyzes errors or inaccuracies in financial reports.
• Uses basic tools to create simple financial reports.
• Monitors compliance with organizational standards for financial report writing.
• Implements organizational methods and procedures for financial report writing.

What you will get

Work Life Harmony

• Earned and medical leave.
• Flexible work arrangements
• 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

This position requires working onsite five days a week. Visa Sponsorship is not available for this position.

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

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