Accountant(Costing) at Caterpillar Inc.

Bengaluru, Karnataka, India

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, Heavy Equipment, FinanceIndustries

Requirements

Fresher certified accountant (CA/CMA)
College degree

Responsibilities

Perform staff accounting functions that support business processes
Gain an understanding of Caterpillar’s business and accounting practices, systems, and procedures
Learn and develop skills through practical application of basic accounting knowledge
Aid a project team or others in the work group
Accomplish compilation and basic analysis work, reviewing clerical input and generating reports
Identify relevant data and data sources, gather and analyze information, and provide feedback
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, including 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

Skills

Key technologies and capabilities for this role

Cost AccountingFinancial AnalysisAccounting PracticesBusiness ProcessesData CompilationBasic Analysis

Questions & Answers

Common questions about this position

Is this a remote position or does it require office presence?

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

What salary or compensation does this role offer?

This information is not specified in the job description.

What key responsibilities or skills are needed for this Accountant role?

The role involves cost system maintenance, normals & machine rate development, abnormals identification & reporting, prime product cost monitoring & analysis, budgeting, capital expenditure forecasting, standard cost grief resolution, and support for decision making and New Product Introduction projects.

What is the company culture like at Caterpillar Inc.?

Caterpillar emphasizes a global team that cares about each other, acts as makers, problem solvers, and future world builders creating stronger, more sustainable communities, and actively makes progress and innovation happen with customers.

What makes a strong candidate for this Accountant (Costing) position?

A strong candidate will be a contributing performer from the outset, with basic accounting knowledge, ability to identify relevant data, perform compilation and basic analysis, and support project teams, while gaining understanding of Caterpillar’s business practices.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free