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Accountant

1 month ago

India Caterpillar Full time
Job Description

Career Area:

Finance

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you'rejoining 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'tjust 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 tojoin IND-HPL-Fin - Acct -Global Finance Services Division.

Incumbent will provide technical expertise and perform complex accounting work that supports business processes.

The preference for this role is to be based out of Thiruvallur-RIOP CIPL Plant

What you will do

To perform supervisory functions with respect to the cost accounting and business analysis of RIOP division. You will be exposed to variety of cost accounting functions and will accomplish a high level of compilation of data and detailed analysis work that supports business process. As a cost accountant you will have the opportunity to maintain accurate product cost for products manufactured at Thiruvallur facility.

- Incumbent will provide technical expertise and perform complex accounting work that supports business processes.

Additionally, this position will:

- Have a comprehensive understanding of Caterpillar's business and accounting practices, systems, and procedures,
- Apply and provide guidance on accounting issues
- Resolve issues independently
- Participate on and lead teams addressing complex problems
- Advises and provides guidance to multiple functional areas and levels of authority. Incumbents will demonstrate knowledge and ability to handle accounting issues independently.
- New product Introduction (NPI) comprehensive support which includes determining discounted
- cash flow (DCF) and Internal rate of return of different projects.

- Annual Standard cost setting which includes Normal and Machine rate development,

- Monthly abnormal identification, analysis, and cost reporting,

- Material cost analysis and reason of its variance compared to plan vs actual,

- Support management in taking costing decisions in various projects and cost reductions programs, providing alternatives cost view and competitive analysis for sourcing decisions. Determine pricing of products.

- Preparation and submission of costing journal entries for monthly book closing and maintenance of costing system,

- Monthly routing in SAP, clearance of Standard and current cost grief in SAP related to costing module,

- Development of new/alternative costing methodologies, processes, and/or systems, Initiate various automation projects in cost accounting activities. Develop and monitor material cost reduction program initiated at the facility level.

- 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 6-8 years post professional qualification experience in Cost Accounting 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).

- Must demonstrate strong leadership, initiative, inter-personal skills, and ability to communicate effectively.

- Effective communications skills and a good understanding of computer systems especially in MS-Office and Financial Analytics Tool (Power BI, Power Apps etc.)

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 Extensive Experience:
. Seeks discrepancies and inconsistencies in available information explains variances.
. Organizes and prioritizes the sequence of steps to be taken to remedy the situation.
. Identifies many possible causes for a problem based on prior experience and current research.
. Quantifies the costs, benefits, risks and chances for success before recommending a course of action.
. Approaches a complex problem by breaking it down into its component parts.
. Chooses among a diverse set of analytical tools according to the nature of the situation.

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

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

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 24, 2025 - March 2, 2025

Caterpillar is an Equal Opportunity Employer (EEO).

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