Cost Accountant at Caterpillar Inc.

Mapleton, Illinois, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, Heavy MachineryIndustries

Requirements

Bachelor's degree in accounting or finance
Accuracy and Attention to Detail: Ability to complete tasks with high levels of precision and process large quantities of detailed information accurately
Analytical Thinking: Knowledge of techniques and tools for effective analysis, determining root causes, and creating alternative solutions
Effective Communications: Ability to transmit, receive, and interpret ideas, information, and needs effectively, considering non-verbal cues
Managing Multiple Priorities: Ability to manage multiple concurrent objectives, projects, or activities, prioritizing and reallocating time effectively
Problem Solving: Knowledge of approaches, tools, and techniques for recognizing, anticipating, and resolving organizational, operational, or process problems

Responsibilities

Participate on cost reduction projects
Manage the annual normals and standard cost revision process
Provide actual and estimated product costs and standard costs as requested
Manage key journal entries for monthly closing and provide monthly results reporting
Develop and submit forecasts through the ABP and RBM cycles, collaborating with plant leadership from Supervisor to Plant Manager level for key accounts
Develop departmental level expense reporting for plant leadership, provide supporting analysis, and train/advise on business decisions
Review and approve Coupa PO requests online to ensure proper accounting distributions and budget management
Manage an Analytics COE resource to support listed activities
Serve as a trusted business partner to Mapleton Foundry business leaders
Provide timely and accurate financial record keeping and reporting for the Mapleton Foundry as directed by management
Provide key analysis and reporting for the plant leadership team as part of Product Cost Monitoring

Skills

Cost Accounting

Product Costing

Standard Costing

Financial Reporting

Journal Entries

Forecasting

Expense Analysis

Cost Reduction

PO Approval

Coupa

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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