Accounting Associate (ITP)

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 Accounting Associate (ITP) to join our GLBL BusSvcs - Grief Validation & Reporting ITP -Global Finance Services Division Team.

The incumbent would provide technical expertise and will perform more complex accounting work that supports business processes.

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

What You Will Do:

• Have a comprehensive understanding of Caterpillars business and accounting practices systems and procedures.
• Apply accounting knowledge and provide guidance on accounting issues.
• Participate on and lead teams Incumbents are exposed to a variety of accounting functions and accomplish a high level of complex and/or technical analysis review various outputs for reasonableness and advise other accountants.
• Incumbent works on challenging medium to high-risk issues and makes business decisions and recommendations as appropriate.
• Work is supported by an accounting manager primarily through review of results.

Possible areas of responsibility are varied including:

• Financial accounting including preparation of journal entries financial statements and trends variance analysis and account reconciliations.
• Intercompany reconciliation and analysis
• Review and validation of payment transactions
• Development and maintenance of internal controls including Sarbanes-Oxley (SOX) control documentation Accounting tasks are of high complexity such as trend analysis financial reporting root cause issue identification and resolution payment validations and authorizations and system support and development.
• Advises and provides guidance to multiple functional areas and levels of authority by communicating effectively and with external customers and data providers.
• Incumbents will demonstrate knowledge and ability to independently handle accounting issues.
• They will demonstrate very good communication skills and have a comprehensive knowledge of their business unit products suppliers and customers and accounting processes.

What You Will Have:

• Degree in accounting with at least 7years of accounting experience.
• Must demonstrate initiative leadership good judgment and superior communication skills.
• Analytical problem solving and human relation skills also are necessary.
• Knowledge of ITP Invoice to Pay processes is preferred.
• SAP experience preferred.
• Flexibility to work in US shifts required.
• This position requires 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 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.

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 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.

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:

Caterpillar is an Equal Opportunity Employer. Qualified applicants of any age are encouraged to apply

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