Job Description

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.About CaterpillarCaterpillar Inc ., also known simply as CAT, is an American construction, mining and other engineering equipment manufacturer. The company is the world\'s largest manufacturer of construction equipment. In 2018, Caterpillar was ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list. Caterpillar is the world\'s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we\'ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.Position Title: Manager AccountingJob Location: Bangalore, KA-IndiaRole DefinitionManages the product costing and NPI team, supports global strategic goals, and other accounting functions for the organization.Desired SkillsManaging People: Knowledge of processes involved in managing people; ability to lead successful teams, and diligently address issues related to performance and conflicts at the workplace.

• Assesses the amount of time and resources needed to accomplish a task; delegates work accordingly.
• Reviews progress and performance of employees; addresses bottlenecks or concerns impending employee growth.
• Works with employees to set and define performance standards and career development goals; supports in achieving them.

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.

• Organizes and prioritizes the sequence of steps to be taken to remedy the situation.
• Ability to approach problems through Root cause analysis and corrective actions (RCCA).

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 behaviours.

• Reviews others\' writing or presentations and provides feedback and coaching.
• Adapts documents and presentations for the intended audience.
• Demonstrates both empathy and assertiveness when communicating a need or defending a position.

Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.

• Explains the importance of accuracy in own function or unit.
• Identifies tasks or outputs that require accuracy and detail-level attention.
• Identifies the procedures for making sure that results are mistake-free.
• Describes consequences of errors within own unit or function.

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.

• Explains the value of a disciplined approach to problem solving.
• Describes problem reporting and escalation practices.
• Utilizes accepted procedures for problem analysis and resolution.
• Ability to approach problems through Root cause analysis and corrective actions (RCCA).

Functional Expertise : Knowledge of accounting methods, product costing, processes, and tools; ability to maintain and prepare financial statements, cost statements, and reports using accounting methods and processes.

• Supervises all aspects of an accounting function.
• Oversees the process and data flow between accounting systems and sub-systems.
• Applies principles used to evaluate the economics of investment decisions.
• Implements valid financial analysis aligned with key criteria.
• Interprets major types of major types of business situations and evaluate appropriate accounting actions and develop decision making analysis.
• Consults with corporate on identifying, tracing, and correcting errors in decision making studies.

General Job Responsibilities

• Cost system maintenance.
• Normals & machine rate development.
• Abnormals identification & reporting.
• Prime product and/or component cost monitoring & analysis.
• Operations and/or product group budgeting and expense analysis.
• Capital expenditure forecasting and reporting.
• Standard and current cost grief resolution
• Support management with analysis for decision making in various projects and cost reduction programs.
• New product Introduction (NPI) comprehensive support which includes determining discounted cash flow (DCF) and Internal rate of return of different projects.
• Regional profitability reporting & analysis
• NPI support including future cost, should cost, alternative analyses and strategy.
• OPACC determination & analysis
• Enterprise coordination and/or governance of costing activities
• Product group and/or operational strategy development & execution
• Low-cost producer analysis
• Post implementation audit (PIA) completion.
• Development of new/alternative costing methodologies, processes, and/or systems

Required Qualifications and Background

• Requires a certified accountant (CA/CMA) with college degree in accounting and 8+ years of experience in accounting preferably in a manufacturing environment.
• Part Qualified with 15 years of experience, postgraduate or an MBA.
• Good accounting background, thorough knowledge of accounting flow and related methods of recording in the General Ledger and knowledge in SAP environment (FI, MM & CO Module).
• Have experience in leading a team with minimum of 3 direct reports, preferably with experience of managing 5+ team members.
• Effective communications skills and a good understanding of computer systems especially in MS-Office and Financial Analytics Tool (Power BI, Tableau, Power Apps. etc.).
• Must demonstrate strong leadership, initiative, inter-personal skills, and ability to communicate effectively.

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 atCaterpillar 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: May 31, 2024 - June 6, 2024Caterpillar is an Equal Opportunity Employer (EEO).Not ready to apply? Join our .

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