Caterpillar Inc.

SENIOR ACCOUNTANT

  • Full Time

Career Area:

Finance

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you’re joining a global team who cares not just about the work we do – but also about each other.  We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don’t just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Your Impact Shapes the World at Caterpillar Inc

When you join Caterpillar, you’re joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers and future world builders who are creating stronger, more sustainable communities. We don’t just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Job Summary

We are seeking a skilled Senior Accountant (Open) to join our Product Planning Dept HEDC.

The incumbent is expected to Report to business support team, to provide business analysis support to India & Indonesia HEX product organization. This includes sourcing studies, investment analysis, financial analysis for New Product Introduction (NPI), product cost monitoring, as well as analysis & decision support for Area Manager.

The preference for this role is to be based out of BCP Thiruvallur, India

What you will do

Job Roles and Responsibilities

Senior Staff Accountant will provide technical expertise and will perform more complex business analysis work that supports India HEX product cost monitoring and NPI financial process. Additionally, this position will:

Developing in-depth understanding of the entire business function of the organization and understand how finance impacts operations.
Should have advanced knowledge on manufacturing accounting, product costing and variance analysis. Responsible to ensure accurate product costs for HEX models, various components of product costs are analyzed, and timely reporting is made to fix responsibility and accountability on operations, purchasing and supply chain teams.
Have a comprehensive understanding of Caterpillar’s business and cost & accounting practices. Systems and procedures.
Able to quickly learn and perform on complex/demanding business requirements with short lead time. Should follow process and ensure sufficient documentation is maintained for the functions performed.
Lead NPI financial & sourcing studies projects and partner with process teams to ensure financials reflect fairly and assist in decision making. Exhibit cross functional leadership to influence other teams to work together to ensure success of New product launch.
Equipped with advanced knowledge on cash flow, NPV/IRR calculations and guide team members to analyses the results.
Apply cost & accounting knowledge and provide guidance on related issues.
Capable to handle adhoc / immediate complex business requirements at short notice. Able to guide and support other team members by knowledge sharing, prioritization/ breakdown of activities.
Familiar with OPACC calculation methodology, has ability to provide business analysis to support decision making for regional production manager base on OPACC.
Main job responsibilities include: 

Product Cost monitoring/Margin Monitor
India NPI financial Analysis, and presentation to various stakeholders.
Coordination of cash flow analysis of NPI projects, gathering information, such as price, volume assumption, projected R&D, capital investment and product cost.
Organization of meetings in and out of the organization to resolve issues and for smooth communication.
OPACC analysis for India HEX product.
Accountable forecast and actual analysis of India NPI and strategy team.
Machine & components sourcing analysis in India market.
What you will have  

Effective Communications
Decision Making and Critical Thinking
Business Acumen and manage multiple priorities
Certain level of understanding on products and cost accounting
Knowledge of Excel, PowerPoint, Power Query and Power BI.
Working under uncertain circumstances and global/diverse environment.
Desired Qualifications

Professional Certification – Certified Management Accountant (CMA) or equivalent is preferred.
Experience in cost and business analysis preferable.
Knowledge of Caterpillar products or Engineering organization preferable
Skills desired:

Accuracy and Attention to Detail : Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Level Working Knowledge:
• Accurately gauges the impact and cost of errors, omissions, and oversights.
• Utilizes specific approaches and tools for checking and cross-checking outputs.
• Processes limited amounts of detailed information with good accuracy.
• Learns from mistakes and applies lessons learned.
• Develops and uses checklists to ensure that information goes out error-free.

Analytical Thinking : Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
Level Basic Understanding:
• Names specific tools or techniques that can be used to support the analytical thinking process.
• Describes specific software applications or products used for business analytics.
• Gives examples of how analytical thinking has been used to resolve problems.
• Helps others research and learn more about business analytics tools and applications.

Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
Level Working Knowledge:
• Delivers helpful feedback that focuses on behaviors without offending the recipient.
• Listens to feedback without defensiveness and uses it for own communication effectiveness.
• Makes oral presentations and writes reports needed for own work.
• Avoids technical jargon when inappropriate.
• Looks for and considers non-verbal cues from individuals and groups.

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Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Level Basic Understanding:
• Explains basic concepts of time and priority management.
• Seeks guidance in detecting and addressing priority conflicts.
• States own business priorities.
• Describes team or unit priorities.

What you will get:

Work Life Harmony
Earned and medical leave.
Flexible work arrangements
Relocation assistance
Holistic Development

Personal and professional development through Caterpillar ‘s employee resource groups across the globe
Career developments opportunities with global prospects
Health and Wellness

Medical coverage -Medical, life and personal accident coverage
Employee mental wellness assistance program
  Financial Wellness

Employee investment plan
Pay for performance -Annual incentive Bonus plan.
  Additional Information:

Caterpillar is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status; however, as a global company, Caterpillar offers many job opportunities outside of the U.S. which can be found through our employment website at www.caterpillar.com/careers

About us
For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment.

Job Overview

Caterpillar Inc.