Accounting Associate
1 week ago
Caterpillar Inc. is a global leader in the manufacturing of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Job PurposeThe Accounting Associate position is responsible for supporting High Integrity Financial Reporting in compliance with local GAAP/IFRS, including strong internal control as applicable by local statutes.
Key Responsibilities- Financial Reporting: Prepare financial statements and audit schedules needed for the Legal Entity to comply with regulatory requirements of the Local GAAP and other compliance obligations.
- Analysis of Financial Results: Analyze financial results to arrive at meaningful conclusions.
- Audit Adjustments: Understand and perform audit adjustments based on GAAP differences and significance of transactions; reconcile local GAAP & US GAAP accounting profits.
- Statutory Reporting: Support filing of statutory reports with assistance from legal teams.
- Project Management: Coordinate with statutory auditors for ensuring timely provision of information; coordinate with other functional groups to compile and review all financial information required for Financial Statements and audit validations.
- Resolving Audit Questions: Resolve audit questions and manage discussions with audit supervisors and guide other legal entity team members with respect to preparation and presentation of financials.
- Local Compliance: Support other local compliances; work with Tax groups (both Direct and Indirect) to assist them with specific requests on data/information feed that involve statutory reports to meet with tax compliances (Assessments/Audits/Transfer Pricing, etc.).
- Business Regulatory Acumen: Keep self abreast of changes in regulations that have an impact on statutory reporting.
- Business Understanding: Continue to work closely with the business/operations teams to understand the business model and changes.
- Education/Experience: Qualified Chartered Accountant with 0-2 years of experience/Semi-qualified with 4-6 years of experience in managing statutory audits.
- Experience in Accounting: Experience in accounting in US GAAP & IFRS (or FRS of any country in Asia) is required.
- ERP Experience: Experience in SAP or other ERP is preferred.
- Big 4 Experience: Big 4 experience preferred.
- Compliance Knowledge: Knowledge of compliances relating to Taxes/Secretarial/Trade/Currency will be an advantage but not mandatory.
- Communication Skills: Strong communication and inter-personal skills required.
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