Bangalore, Karnataka
17 hours ago
Accounting Associate

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 Accounting Associate to join our Stat. Reporting CoE Global Finance Services Division Team.

The preference for this role is to be based out of Whitefield, Bangalore office

What you will do

Job Roles and Responsibilities 

Financial Reporting     Preparation of Financial Statements and audit schedules needed for the Legal Entity to comply with regulatory requirements of the Local GAAP and other compliance obligations.       Analysis of financial results to arrive at meaningful conclusionsUnderstand and perform Audit adjustments based on GAAP differences and significance of the transactions, Reconciliation of local GAAP & US GAAP accounting profits. Support filing of statutory reports with assistance from legal teams
Project ManagementCoordination with statutory auditors for ensuring timely provision of informationCoordinate with other functional groups to compile and review all financial information required for Financial Statements and audit validationsResolving audit questions and managing discussions with audit supervisors and guide other legal entity team members with respect to preparation and presentation of financials.Support Other Local CompliancesThe Incumbent will work with Tax groups (both Direct and Indirect) to assist them with specific requests on data / information feed  that involve statutory reports to meet with tax compliances (Assessments/ Audits/ Transfer Pricing, etc).Advisor to the business on matters concerning local statutory

What you will get

Business Regulatory AcumenKeep self abreast of the changes in regulations that have an impact on the statutory reporting
Continue to work closely with the business / operations teams to understand the business model and changes   
 

Desired Profile

Education/Experience

Qualified Chartered Accountant with 0-2 years of experience/ Semi qualified with 4-6 years of experience in managing statutory audits Experience in accounting in US GAAP & IFRS (or FRS of any country in Asia) is requiredExperience in SAP or other ERP is preferredBig 4 experience preferred. Knowledge of Compliances relating to Taxes / Secretarial / trade /Currency will be an advantage but not mandatory  Strong Communication and inter-personal skills required    

Other Preferred Skills: 
 Knowledge of general accounting practices, Passion for Financial Reporting, Ability to learn and adapt quickly and a strong positive attitude.Maintaining stable performance under demanding business needs and
support to the Business to the urgency.

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.

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.

Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Level Working Knowledge:
• Identifies and documents specific problems and resolution alternatives.
• Examines a specific problem and understands the perspective of each involved stakeholder.
• Develops alternative techniques for assessing accuracy and relevance of information.
• Helps to analyze risks and benefits of alternative approaches and obtain decision on resolution.
• Uses fact-finding techniques and diagnostic tools to identify problems.

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 Reporting: Knowledge of processes, methods, and tools of financial reporting; ability to create and maintain accurate and thorough financial reports.
Level Basic Understanding:
• Describes basic methods for financial report writing.
• Identifies basic financial report-writing tools.
• Clarifies the purpose and value of accurate financial reports.
• Utilizes the major financial reports used by the organization.

What you will get:

Work Life HarmonyEarned and medical leave.Flexible work arrangementsRelocation assistance

Holistic Development

Personal and professional development through Caterpillar ‘s employee resource groups across the globeCareer developments opportunities with global prospects

Health and Wellness

Medical coverage -Medical, life and personal accident coverageEmployee mental wellness assistance program

 Financial Wellness

Employee investment planPay 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:

November 14, 2024 - November 14, 2024

Caterpillar is an Equal Opportunity Employer (EEO).

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