Accounting Associate

Career Area:

Job Summary

We are seeking a skilled Accounting Associate (ITC) to join our GLBL ITC Transformation-Global Finance Services Division.

The incumbent would Provide timely and accurate daily Invoice to Cash (ITC) operational finance assignments and develop knowledge of Caterpillars procedures, philosophy, customers, dealers, organization and financial practices.

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

What you will do

Performs higher-level clerical and routine accounting tasks in support of a business unit or legal entity. Accounting Analyst demonstrates knowledge and ability to independently handle business issues. They demonstrate good communication skills and display a high degree of initiative and accountability. The incumbent is expected to work independently to complete assignments. Flexible to support global operations. Willingness to work in global time zone.

• Perform end to end Accounts Receivable operations and support projects
• Data Management tasks
• Global Reporting
• Consolidating data from various regions or business units
• Ensuring consistency and accuracy in reporting formats
• Creating dashboards or reports for leadership visibility
• Liaising with Multiple Teams
• Coordinating with regional or functional teams to gather data
• Clarifying data definitions and ensuring alignment
• Managing timelines and follow-ups for data submissions
• Report Out
• Presenting insights to stakeholders
• Highlighting trends, anomalies, or risks
• Supporting decision-making with data-driven narratives

Invoice to Cash: Knowledge of an organization's operational requirements; ability to utilize the proper tools and follow accounts receivable practices and procedures.Level Working Knowledge: Performs major types of accounts receivable transactions. Maintains accounts receivable records as a regular part of daily work. Implements current accounting practices and closing cycle procedures and requirements. Data analytics and reportingFinancial and Accounting Systems: Knowledge of functions, features and capabilities of financial and accounting systems; ability to use financial and accounting applications specific to the organization.Level Working Knowledge: Selects key business and technical contacts in the event of a production problem. Works with a specific financial or accounting system and sub-systems. Implements data flows between financial and accounting systems. Utilizes operating requirements for the financial environment. Coordinates major system interfaces and criticalities.

Responsibilities

Responding to inquiries and contacting other departments or vendors to resolve a variety of problems.

Creating reports on financial performance for internal and external use.

Upon request, take part in special projects and ad hoc reporting requests.

Maintain, implement, and adhere to internal controls

What you will have.

• Professional experience of 8-12 years.
• Requires a college degree in Finance, Accounting, Business Administration, or Economics, general knowledge of various finance and business subjects, and good written and verbal communications skills.
• Incumbents are generally exposed to several areas of finances a Finance Analyst to develop skills, knowledge, and experience necessary for higher level finance positions.
• Proficient with Excel, SharePoint, and other collaboration tools for data sharing and reporting.
• Has experience on reporting tools like Datalake, Power BI etc
• The work schedule will align with EMEA hours but should be flexible with APAC or US Shifts based on projects.
• Shift Timings: 1:00 PM to 10:00 PM.
• This position requires candidate to work a 5-day -a -week schedule in the office.

Skill Descriptors

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 Basic Understanding:

Names specific tools or techniques that can be used to support the analytical thinking process.

Describes specific software applications or products used for business analytics.

Gives examples of how analytical thinking has been used to resolve problems.

Helps others research and learn more about business analytics tools and applications.

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.

Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.

Level Basic Understanding:

Explains basic concepts of time and priority management.

Seeks guidance in detecting and addressing priority conflicts.

States own business priorities.

Describes team or unit priorities.

Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.

Level Working Knowledge:

Identifies and documents specific problems and resolution alternatives.

Examines a specific problem and understands the perspective of each involved stakeholder.

Develops alternative techniques for assessing accuracy and relevance of information.

Helps to analyze risks and benefits of alternative approaches and obtain decision on resolution.

Uses fact-finding techniques and diagnostic tools to identify problems.

Financial Reporting: Knowledge of processes, methods, and tools of financial reporting; ability to create and maintain accurate and thorough

financial reports.

Level Basic Understanding:

Describes basic methods for financial report writing.

Identifies basic financial report-writing tools.

Clarifies the purpose and value of accurate financial reports.

Utilizes the major financial reports used by the organization.

Flexibility and Adaptability: Knowledge of successful approaches and techniques for dealing with change; ability to adapt to a changing environment and be comfortable with change.Level Working Knowledge: Adjusts to new or changing assignments, processes, and people. Demonstrates willingness to listen to other opinions. Provides examples of shifting from task to task. Identifies and considers alternative approaches to situations or problems. Accepts new or radical ideas with an open mind; avoids snap reactions.

Followership: Knowledge of and the ability to carry out strategies and tasks that support the mission and goals of the leader and the organization.Level Working Knowledge: Completes tasks and inspires confidence in leaders by demonstrating honesty and integrity. Researches and provides insights into most issues, considerations and challenges of followership. Handles rejection and, when appropriate, abandons ideas graciously. Supports the leader's mission, vision, initiatives and priorities consistently. Assesses common risks and rewards of voicing or not voicing opinion.