Accounting Associate

1 week ago


Bengaluru, Karnataka, India Caterpillar Full time

Career Area:

Finance

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:
Accounting Associate


Job Location:
Bangalore, KA-India


Job Summary:

Understand Caterpillar costing methodologies, perform staff accounting functions and support business process with analysis.

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.
  • 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
  • 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 decisionmaking 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 (CMA) with college degree in accounting and 02 years of experience in accounting preferably in a manufacturing environment.
  • Part Qualified CA/CMA with relevant experience of 3 to 4 years, MBA, or Postgraduate.
  • 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, interpersonal skills, and the ability to communicate effectively.

Additional Information:
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:

April 24, April 30, 2024
Caterpillar is an Equal Opportunity Employer (EEO).

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