Accountant (statutory Audit)

Career Area:

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar yourejoining 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 dontjust 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 youre 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 dont 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 (statutory Audit) for Stat. Reporting CoE -Global Financial Services Division.

The incumbent would be responsible for to support High Integrity Financial Reporting in compliance with local GAAP /IFRS including strong internal control as applicable by local statutes.

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 signficance of the transactions; Reconcilition 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 requirements
  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 2-4 years of experience/ Semi qualified with 6-8 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 practicesPassion 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.
• This position requires the candidate to work a 5-day -a -week schedule in the office

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.

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 Working Knowledge:
Recognizes changing demands and priorities; validates changes with management.
Obtains information about how current assignments contribute to organizational goals.
Completes current work according to assigned priorities.
Responds to day-to-day operational priorities while still making progress on project work.
Performs at least 2-3 concurrent activities without reducing productivity.

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.

Accounting: Knowledge of accounting methods processes and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes.
Level Working Knowledge:
Utilizes cost monitoring practices techniques and considerations.
Works with financial transactions and related documentation within the organization.
Participates in accounting practices of classifying and recording financial data.
Maintains existing charts of accounts.
Follows regulations for entering and reporting the financial content in major accounting systems.

Financial Analysis: Knowledge of tools and approaches of financial analysis; ability to read interpret and draw accurate conclusions from financial and numerical material.
Level Working Knowledge:
Applies principles used to evaluate the economics of investment decisions.
Interprets major types of financial statements issued by the organization.
Utilizes basic qualitative and quantitative tools and techniques with proficiency.
Works with a specific financial analysis tool set.
Implements valid financial analysis aligned with key criteria.

Financial Reporting: Knowledge of processes methods and tools of financial reporting; ability to create and maintain accurate and thorough financial reports.
Level Working Knowledge:
Follows organizational practices and guidelines for product profitability reporting.
Analyzes errors or inaccuracies in financial reports.
Uses basic tools to create simple financial reports.
Monitors compliance with organizational standards for financial report writing.
Implements organizational methods and procedures for financial report writing.

What you will get:

• Work Life Harmony
• Earned and medical leave.
• 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 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:

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