Accountant-1

1 month 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.

**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 **Accountant **to join our team who will have the opportunity to champion our **Global Finance Transformatio **n by providing quality analysis from our new Center of Excellence.

You will independently perform variety of accounting functions and will accomplish a high level of compilation of data and detailed analysis of business unit/s results. 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.

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.
- Provide assistance to a project team or others in the work group.

The preference for this role is to be based out of **Bangalore, Whitefield Office**

**What you will do**

These are the wide range of accounting activities those are being performed at COE. Individual Job Duties/Responsibilities may include:
**Manufacturing Accounting**:

- Support management in taking decisions in various projects and cost reduction programs. Cost analysis and root cause of its variance. Participate in business unit book closing and submission of all require input and reports to corporate and stake holders.
- Reporting of inventory metrics to leadership, timely and accurately. Calculation and reporting of Inventory aging, excess, surplus, obsolete etc. per CAT guidelines.
- Balance Sheet review and analysis
- Review and analysis of manufacturing metrics

**Capital Management**:Capital expenses accurate accounting in the Capital Management System (CMS), prepare and evaluate accounting papers, review and approve accuracy of fixed asset and GAAP compliance.

**Financial Analysis**:accomplish a high level of compilation with a broad range of accounting analysis, review data input, advise internal customers on accuracy of cost data, generate reports and provide commentary to leadership on costs accuracy, to serve as a cost governance person. Use of statistical tools - simulations will be required to support decision making. Analysis of P&L statement and balance sheet.

**Decision Support**:Support management in taking costing decisions in various projects and cost reduction programs. Helping in estimating various forecast and budget scenarios as needed based on changing business conditions.

**Performing Complex Staff Work**:Provides technical guidance and expertise on highly complex accounting issues such as preparing financial results analysis for upper-level management, providing forecast data, etc. Leads initiatives outside team to represent the group (e.g. documenting processes, making presentations).

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.

**What you will have**
- Requires a certified accountant (CA/CMA) with college degree in accounting and 3-4 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 etc).
- Strong background in accounting, cost accounting, investment analysis, Fixed Asset Accounting.
- Strong analytical skills are required to perform detailed financial analysis and strategic plans
- Understanding the necessity and value of accura

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