Senior Finance Manager (Invoice to Pay COE Operations lead)

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 Senior Finance Manager (Invoice to Pay COE Operations lead) to join our GLBL BusSvcs ITP -Global Finance Services Division.

The incumbent would manage the strategy accurate and timely recording business analysis communication and effective control environment for all Caterpillar Inc. facilities and selected subsidiaries. Provides guidance on complex issues related to procurement validation and payment of goods and services.

The incumbent would also Provide leadership and direction to a team of managers/supervisors and individual contributors. Overall Invoice to Pay practices have been established but there is a continual need to interpret coordinate and change recording activities and standardize processes resulting from constantly changing business conditions and ongoing business systems transformations

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

What you will do

Primary responsibilities of the ITP COE Operations Lead are divided into three areas:

Managing Complex Work:

• Responsible for the monthly accounting and financial reporting of Global Business Services Invoice to Pay (ITP) processes
  
• Provides counsel technical guidance and expertise on complex business issues related to various supply chain processes and compliance with local and corporate regulations.
  
• Leads initiatives and makes decisions to represent the team with both customers and internal team members (i.e. process improvements new business requirements).
  
• Provides creative solutions that challenge traditional methods ensuring processes are adaptive flexible and less complex to enhance team and customer performance working with information technology to make changes to existing systems.
  
• Investigates new technology to recommend cost effective tools to improve customer satisfaction and reduce processing costs.
  
• Works with customers and informational technology teams to establish system priorities and enhancements.
  
• Leads and ensures compliance with Global Business Services governance processes and Sarbanes-Oxley internal controls by ensuring effective and adequate documentation of analysis.
  
• Partners with managed service provider for completion of routine transactional work and reviews and approves monthly performance metrics.
  
• Demonstrates a comprehensive knowledge of Caterpillars entire supply chain.

Managing People:

• Manages a team of managers and individual contributors. Sets expectations and assists in prioritizing projects. Analyzes staff-provided data for decision making at a summary level.
  
• Motivates team members to work towards individual and team goals and fosters an environment of teamwork and cooperation.
  
• Evaluates and reports on staff performance participates in employee selection to ensure qualified candidates are selected to benefit the enterprise provides career guidance and training direction ensures compliance with personnel practices and promotes team rewards and successes to ensure employee engagement to meet corporate strategic goals.
  
• Provides technical guidance and expertise

Managing Expectations

• 
  Counsels and actively participates in customers strategic business initiatives.
  
• Identifies establishes prioritizes and communicates goals and objectives of team.
  
• Ensures team meets new and existing performance targets rapidly and effectively through continuous process improvement.
  
• Proactively interacts with customers to develop understand and manage customer requirements and expectations.
  
• Provides services makes recommendations and manages costs.
  
• Communicates effectively within the team and with all internal and external customers including presentations to all levels of management.
  
• Resolves customers issues by guiding team members.
  
• Ensures teams focus is on improving product/process quality.
• Moderate travel required (between 5% to 15% of working time).

What you will have

• 4-year college or university degree is required.
• 10 years of progressively(relevant) responsible job-related experience is typically required.
• Position requires a strong background in financial accounting and internal controls and knowledge of the Caterpillar organization its products policies and procedures are also desired.
• Position typically requires professional degree in a business-related subject.
• Incumbent must demonstrate initiative leadership excellent analytical skills problem solving good judgment and superior communication skills.
• Excellent interpersonal skills are required to deal with highly sensitive issues and develop others or persuade others inside and outside the department to take specific actions.
• Experience supporting Procure to Pay / Invoice to Pay / Accounts Payable processes in a shared services environment and SAP experience are preferred.
• Flexibility to work some U.S./EAME shift hours is required.

Skills desired:

Business Acumen: Knowledge of business concepts tools and processes that are needed for making sound decisions in the context of the companys business; ability to apply this knowledge appropriately to diverse situations.
Level Extensive Experience:
Designs the organizations planning processes and decision-making channels.
Explains business issues and trends of own business unit as compared to other business units.
Demonstrates a big picture understanding of the business its interrelationships and priorities.
Demonstrates strong foundation of business fundamentals measurement and business finance.
Develops business cases for own function; reviews and critiques cases for other functions.
Explains advantages and risks of using business simulations for critical business decisions.

Finance and Accounting: Knowledge of finance and accounting practices financial analysis and reporting; ability to apply finance knowledge appropriately to diverse situations.
Level Extensive Experience:
Documents financial interdependencies within the organization.
Develops and applies cost/benefit analysis or ROI as part of business decisions.
Provides build-buy-lease analyses for major expenditures.
Demonstrates in-depth knowledge of cost accounting and reporting practices tools and procedures.
Explains cost/benefit analysis financial analysis and modeling organizational practices.
Coaches others on how to quantify costs and benefits for major expenditures.

Organizational Governance: Knowledge of the processes customs policies and rules affecting the way the organization is administered and controlled; ability to ensure compliance with governance guidelines and policies.
Level Extensive Experience:
Ensures that internal business practices mirror industry-standard best practices.
Describes experiences in the development of governance policies or practices.
Complies with codes of ethics that benefit the overall good of all constituents.
Ensures clear and timely disclosure of relevant business performance data to all stakeholders.
Implements procedures to verify and safeguard the integrity of all financial reporting.
Helps in building a framework of internal controls and corporate disclosure for attaining the companys objectives.


Strategic Thinking: Knowledge of the importance of big picture thinking and planning; ability to apply organizational acumen and competitiveness to identify and maintain focus on key success factors for the organization.
Level Working Knowledge:
Implements the groups go-to-market strategy.
Raises awareness of potential strategic alliances and partnerships.
Explains elements of the strategy to others and encourages questions.
Monitors marketplace trends opportunities and vulnerabilities; reports findings.
Makes sound recommendations when faced with complex and contradictory alternatives.

Leadership: Knowledge of leadership practices and processes; ability to use strategies and skills to enlist others in setting embracing and achieving objectives while having a long-term perspective of the future state of things and how to get there.
Level Extensive Experience:
Translates vision into specific functional or departmental initiatives.
Uses a normative decision model (with leadership styles and situational variables) to select style.
Promotes efficacy through monitoring coaching & motivating subordinates intervention etc.
Uses emotional contagion to affect the mood of group members tone of group and group processes.
Initiates structure: role clarification setting standards holding subordinates accountable etc.
Employs various group decision-making methods depending on the situation.

Financial Analysis: Knowledge of tools and approaches of financial analysis; ability to read interpret and draw accurate conclusions from financial and numerical material.
Level Extensive Experience:
Conducts and documents analyses of a variety of financial statements and indicators.
Anticipates the potential impact of decisions based on financial data analysis.
Oversees financial analysis to evaluate organizational and managerial performance.
Evaluates financial statements and ensures regulatory compliance.
Advises others on a variety of financial tools techniques and approaches.
Directs others work with financial and cash flow ratios and trend analyses.

Financial Forecasting and Modeling: Knowledge of processes tools and techniques of financial forecasting and modeling; ability to explore and evaluate alternative financial scenarios and results.
Level Extensive Experience:
Evaluates the key benefits and drawbacks of alternative models.
Uses financial models to seek investment opportunities cost-savings ideas and growth opportunities.
Utilizes the features and facilities of multiple modeling tools applicable to various situations.
Participates in making business decisions based on financial forecasts and models.
Consults on the application of a variety of forecasting and modeling techniques.
Analyzes and resolves anomalies discovered when running models.

Financial Risk Management: Knowledge of tools techniques and strategies applied in financial risk management; ability to quantify qualify and manage financial risk.
Level Extensive Experience:
Updates and implements improvements to risk assessment and management methods.
Evaluates the benefits and drawbacks of alternative risk management approaches.
Recommends risk assessment procedures and techniques based on organizational need.
Consults on a variety of risk assessment approaches and applications.
Evaluates recommends and justifies optimum risk management scenarios.
Advises others on a variety of risk and reward factors and their relationships.

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 Dates:

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

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