Accounting Associate at Caterpillar Inc.

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, Heavy Equipment, FinanceIndustries

Requirements

Fresher certified accountant (CA/CMA) with college degree in accounting
2-3 years of experience in accounting, preferably in a manufacturing environment
Good accounting background and thorough knowledge of accounting flow and related methods of recording in the General Ledger
Knowledge in SAP environment (FI, MM & CO Module)
Effective communication skills
Good understanding of computer systems, especially MS-Office and Financial Analytics

Responsibilities

Perform staff level accounting work that supports business processes
Gain an understanding of Caterpillar’s business, accounting practices, systems, and procedures
Learn and develop skills through practical application of basic accounting knowledge
Provide assistance to project teams or others in the work group
Accomplish compilation and basic analysis work, review clerical input, and generate reports
Identify relevant data and data sources, gather and analyze information, and provide feedback
Handle cost system maintenance
Develop normals & machine rate
Identify & report abnormals
Monitor & analyze prime product and/or component cost
Perform operations and/or product group budgeting and expense analysis
Forecast and report capital expenditure
Resolve standard and current cost grief
Support management with analysis for decision making in various projects and cost reduction programs
Provide comprehensive support for New Product Introduction (NPI), including determining discounted cash flow (DCF) and internal rate of return for different projects

Skills

Accounting

Financial Analysis

GAAP

ERP Systems

Excel

Business Process Support

Data Compilation

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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