Accounts Payable Consultant at Caterpillar Inc.

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, ManufacturingIndustries

Requirements

Degree in accounting with at least 6 years of accounting experience
Knowledge of policies and procedures, initiative, leadership, excellent analytical skills, problem solving, good judgment, and superior communication skills
Accounting skills and strong knowledge of Payments activities
Excellent interpersonal skills to deal with highly sensitive issues, develop others, or persuade others inside and outside the department
SAP experience preferred
Flexibility to work in US shifts
Ability to work a 5-day-a-week schedule in the office (preference for Whitefield Office, Bangalore, India)

Responsibilities

Manage the Invoice to Pay (ITP) process and work with the service provider for monitoring and delivering services
Minimize risk exposure by ensuring compliance with policies and procedures for the Invoice to Pay process
Coordinate with the service provider for accounting vendor invoices, grief resolution, and timely payments
Monitor the quality of deliverables by reviewing vendor invoices accounted in SAP
Perform quality audits to validate the accuracy of vendor invoice accounting and vendor payments
Monitor invoice grief and payment grief for timely resolution and follow the governance process for escalations
Monitor service deliverables through designated systems and tools, and be conversant with interactive dashboards to analyze and derive insights for discussion with the service provider
Review payable reconciliations for aged balances and coordinate with the service provider and business units for resolution
Utilize various computerized systems to accumulate and process data and identify process improvement opportunities within Trade & Exchange to improve compliance efficiency
Perform financial/decision support accounting work that supports business processes, developing an expanded understanding of Caterpillar’s business, accounting practices, systems, and procedures

Skills

Key technologies and capabilities for this role

Accounts PayableInvoice to PayITP ProcessGrief ResolutionVendor Invoice ProcessingFinancial ComplianceAccountingFinance ServicesPolicy CompliancePayment Processing

Questions & Answers

Common questions about this position

What is the work location for this Accounts Payable Consultant role?

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

What is the salary or compensation for this position?

This information is not specified in the job description.

What key skills are required for the Accounts Payable Consultant role?

Key skills include proficiency in SAP for vendor invoice accounting, experience with interactive dashboards for analysis, and knowledge of Invoice to Pay processes, grief resolution, quality audits, and payable reconciliations.

What is the company culture like at Caterpillar Inc.?

Caterpillar emphasizes a global team that cares about each other, focusing on being makers, problem solvers, and future world builders creating stronger, more sustainable communities through progress and innovation.

What makes a strong candidate for this Accounts Payable Consultant position?

Strong candidates will have experience in financial accounting, particularly in Invoice to Pay processes, proficiency with SAP and dashboards, and the ability to perform quality audits, grief resolution, and process improvements while ensuring compliance.

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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