Manager Accounting

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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 Manager Accounting to join our Analytics COE - Manufacturing Tower - Bangalore-Global Finance Services Division

The preference for this role is to be based out of Bangalore-Shared Services, Whitefield -KA

What you will do

We’re looking for an Accounting Manager to join our team at the Shared Service Whitefield, Bangalore as part of the Analytics Centre of Excellence (ACOE).

As Accounting Manager, you will have the opportunity to help lead the financial and business support for the Manufacturing Tower of ACOE. You will develop essential business information and provide counsel to management on Capital Management, Inventory Management and all manufacturing accounting support.

Incumbent will provide technical expertise and perform complex accounting work that supports business processes. Additionally, this position will:
-have a comprehensive understanding of Caterpillar’s business and accounting practices, systems, and procedures,
-apply and provide guidance on accounting issues
-resolve issues independently
-participate on and lead teams addressing complex problems
-Advises and provides guidance to multiple functional areas and levels of authority. Incumbents will demonstrate knowledge and ability to handle accounting issues independently.

Manufacturing Accounting:
• Support management in taking decisions in various projects and cost reduction programs. Cost analysis and root cause of its variance. Participate in business unit book closing and submission of all require input and reports to corporate and stake holders.

• Reporting of inventory metrics to leadership, timely and accurately. Calculation and reporting of Inventory aging, excess, surplus, obsolete etc. per CAT guidelines.

• Balance Sheet review and analysis

• Review and analysis of manufacturing metrics

Capital Management

• Capital expenses accurate accounting in the Capital Management System (CMS), prepare and evaluate accounting papers, review and approve accuracy of fixed asset and GAAP compliance.
  
  Financial Analysis
  • Accomplish a high level of compilation with a broad range of accounting analysis, review data input, advise internal customers on accuracy of cost data, generate reports and provide commentary to leadership on costs accuracy, to serve as a cost governance person. Use of statistical tools – simulations will be required to support decision making. Analysis of P&L statement and balance sheet.
    
    Decision Support

• Support management in taking costing decisions in various projects and cost reduction programs. Helping in estimating various forecast and budget scenarios as needed based on changing business conditions.
  
  Team Management:
  • Develop the best team through coaching, training & development, and career planning.

What you will have

• Requires a certified accountant (CA/CMA) with college degree in accounting and 8-10 years’ post professional qualification experience in a manufacturing environment. 4-5 years of supervisory experience is must.
• Good accounting background, thorough knowledge of accounting flow and related methods of recording in the
• General Ledger and knowledge in SAP environment (FI, MM & CO Module).
• Must demonstrate strong leadership, initiative, inter-personal skills, and ability to communicate effectively
• Effective communications skills and a good understanding of computer systems especially in MS-Office and Financial Analytics Tool (Power BI, Power Apps etc.)
• Additional Information: This position requires candidate to work a 5-day -a -week schedule in the office

Top Candidates Will Also Have:
• Strong background in accounting, cost accounting, investment analysis, Fixed Asset Accounting.
• Strong analytical skills are required to perform detailed financial analysis and strategic plans
• Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
• 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.
• Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyse situations and reach productive decisions based on informed judgment.
• 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 behaviours.

Skills desired:

Planning: Tactical, Strategic: Knowledge of effective planning techniques and ability to contribute to operational (short term), tactical (1-2 years) and strategic (3-5 years) planning in support of the overall business plan.
Level Working Knowledge:
• Contributes to short-term operational plans.
• Anticipates and adapts to plan changes.
• Monitors progress of work against plan as required to meet objectives.
• Reports variances and makes agreed-upon corrections.
• Under guidance, develops tactical plan for own direct responsibility.

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 Extensive Experience:
• Seeks discrepancies and inconsistencies in available information; explains variances.
• Organizes and prioritizes the sequence of steps to be taken to remedy the situation.
• Identifies many possible causes for a problem based on prior experience and current research.
• Quantifies the costs, benefits, risks and chances for success before recommending a course of action.
• Approaches a complex problem by breaking it down into its component parts.
• Chooses among a diverse set of analytical tools according to the nature of the situation.

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.

Judgment and Decision Making: Knowledge of the decision-making process; ability to carefully evaluate the impact of emerging business situations and choose the best path forward communicating actions and activities that maximize organizational performance.
Level Working Knowledge:
• Discerns between "signal" and "noise" when considering courses of action.
• Selects the right activities to work on from a range of competing priorities.
• Stands by decisions in the face of conflict or unexpected outcome.
• Makes the transition from evaluation to conclusion readily and in a timely manner.
• Revisits decisions when appropriate, but infrequently and without disrupting focus.

Managing People: Knowledge of processes involved in managing people; ability to lead successful teams, and diligently address issues related to performance and conflicts at the workplace.
Level Working Knowledge:
• Assesses the amount of time and resources needed to accomplish a task; delegates work accordingly.
• Explains how the team's work contributes to the success of the organization; creates a shared vision.
• Reviews progress and performance of employees; addresses bottlenecks or concerns impending employee growth.
• Uses multiple channels such as meetings, e-mails, newsletters to communicate important messages with the team regularly.
• Works with employees to set and define performance standards and career development goals; supports in achieving them.

Accounting: Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes.
Level Working Knowledge:
• Utilizes cost monitoring practices, techniques and considerations.
• Works with financial transactions and related documentation within the organization.
• Participates in accounting practices of classifying and recording financial data.
• Maintains existing charts of accounts.
• Follows regulations for entering and reporting the financial content in major accounting systems.

Financial Analysis: Knowledge of tools and approaches of financial analysis; ability to read, interpret and draw accurate conclusions from financial and numerical material.
Level Working Knowledge:
• Applies principles used to evaluate the economics of investment decisions.
• Interprets major types of financial statements issued by the organization.
• Utilizes basic qualitative and quantitative tools and techniques with proficiency.
• Works with a specific financial analysis tool set.
• Implements valid financial analysis aligned with key criteria.

Financial Reporting: Knowledge of processes, methods, and tools of financial reporting; ability to create and maintain accurate and thorough financial reports.
Level Working Knowledge:
• Follows organizational practices and guidelines for product profitability reporting.
• Analyzes errors or inaccuracies in financial reports.
• Uses basic tools to create simple financial reports.
• Monitors compliance with organizational standards for financial report writing.
• Implements organizational methods and procedures for financial report writing.

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

Caterpillar is an Equal Opportunity Employer (EEO)

EEO/AA Employer. All qualified individuals, including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

Posting Dates:

Caterpillar is an Equal Opportunity Employer. Qualified applicants of any age are encouraged to apply

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