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Accounting Associate

2 weeks 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.

**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**(**statutory Audit)**for** Stat. Reporting CoE -Global Financial Services Division Team.**

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

**What you will do**

**Job Roles and Responsibilities**

**Financial Reporting**
- Preparation of 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 to arrive at meaningful conclusions
- Understand and perform Audit adjustments based on GAAP differences and significance of the transactions, Reconciliation of local GAAP & US GAAP accounting profits.
Support filing of statutory reports with assistance from legal teams

**Project Management**
- Coordination 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 and managing discussions with audit supervisors and guide other legal entity team members with respect to preparation and presentation of financials.
- Support Other Local Compliances
- The Incumbent will 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). Advisor to the business on matters concerning local statutory

**What you will get**
- Business Regulatory Acumen
- Keep self-abreast of the changes in regulations that have an impact on the statutory reporting
- Continue to work closely with the business / operations teams to understand the business model and changes

**What you will have**
- Qualified Chartered Accountant with 0-2 years of experience/ Semi qualified with 4-6 years of experience in managing statutory audits
- Experience in accounting in US GAAP & IFRS (or FRS of any country in Asia) is required
- Experience in SAP or other ERP is preferred
- Big 4 experience preferred.
- Knowledge of Compliances relating to Taxes / Secretarial / trade /Currency will be an advantage but not mandatory
- Strong Communication and inter-personal skills required

**Other Preferred Skills**:

- Knowledge of general accounting practices, Passion for Financial Reporting, Ability to learn and adapt quickly and a strong positive attitude.
- Maintaining stable performance under demanding business needs and support to the Business to the urgency.

**Skills desired**:
**Accuracy and Attention to Detail**: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Level Working Knowledge:

- Accurately gauges the impact and cost of errors, omissions, and oversights.
- Utilizes specific approaches and tools for checking and cross-checking outputs.
- Processes limited amounts of detailed information with good accuracy.
- Learns from mistakes and applies lessons learned.
- Develops and uses checklists to ensure that information goes out error-free.

**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.

Level Working Knowledge:

- Delivers helpful feedback that focuses on behaviors without offending the