Accountant at Caterpillar Inc.

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, FinanceIndustries

Requirements

Bachelor’s degree or postgraduate in Accounting, Finance, or related field (Project management is an added advantage)
Minimum of 8+ years of experience in accounts payable, with strong exposure to intercompany transactions
Prior experience in a large-sized organization is a plus
Proficiency in ERP systems (e.g., SAP, Xsuite, Caps, SPM)

Responsibilities

Oversee end-to-end AP processes, including invoice processing, payment cycles, and reconciliation, ensuring timely and accurate execution
Act as the primary point of contact for intercompany transactions, ensuring proper recording, reconciliation, and settlement in line with company policies and accounting standards
Identify and implement process enhancements to increase efficiency, streamline workflows, and reduce errors in the AP and intercompany areas
Work closely with other finance and operational teams, including Treasury, General Ledger, and Regional Finance, to address issues and improve intercompany and AP alignment
Ensure AP and intercompany processes adhere to internal controls, SOX compliance, and local tax regulations; maintain updated documentation and DTPs for processes and workflows
Investigate and resolve any AP or intercompany discrepancies, including vendor disputes, mismatches, and unreconciled transactions
Provide guidance, training, and support to AP and cross-functional teams on best practices for intercompany transactions and AP processes
Prepare and analyse reports on AP metrics, intercompany balances, and payment performance, offering insights and recommendations for decision-making

Skills

Accounts Payable

Intercompany Transactions

Process Improvement

Accounting Standards

Financial Reporting

Compliance

General Ledger

Caterpillar Inc.

Manufactures heavy machinery for various industries

About Caterpillar Inc.

Caterpillar Inc. designs and manufactures heavy machinery and equipment for industries such as construction, mining, energy, and rail. Their products include a wide range of machinery and engines that help clients complete large-scale projects. Caterpillar's equipment works by providing powerful tools that can perform tasks like digging, lifting, and transporting materials. What sets Caterpillar apart from its competitors is its strong aftermarket support, which includes maintenance and repair services, ensuring that their machinery remains efficient and reliable over time. The company's goal is to deliver high-quality products while also focusing on sustainability and community development through initiatives that improve education and reduce poverty.

Irving, TexasHeadquarters

1925Year Founded

$143.5KTotal Funding

IPOCompany Stage

Industrial & Manufacturing, Social Impact, AI & Machine LearningIndustries

10,001+Employees

Benefits

Annual incentive bonus plan

Medical, dental, and vision coverage

Paid time off plan (Vacation, Holiday, Volunteer, Etc.)

401k savings plan

Health savings account (HSA)

Flexible spending accounts (FSAs)

Disability benefits

Life Insurance

Parental leave

Healthy Lifestyle Programs

Employee Assistance Programs

Voluntary Benefits and Employee Discounts

Tuition Reimbursement

Career Development

Risks

Closure of Aurora office may impact regional economy and Caterpillar's reputation.

Partnership with Anti Social Social Club could dilute Caterpillar's industrial brand focus.

Advanced technology in Cat D8 dozer may face resistance from traditional customers.

Differentiation

Caterpillar's century-long history underscores its reliability and industry leadership.

The company integrates AI and IoT to enhance machinery performance and customer satisfaction.

Caterpillar's strong aftermarket services ensure product longevity and operational efficiency.

Upsides

Growing demand for autonomous equipment boosts Caterpillar's innovation in heavy machinery.

Expansion of 5G networks enhances Caterpillar's remote operation capabilities, improving safety.

Caterpillar's commitment to sustainability aligns with the global shift towards eco-friendly practices.

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