Business Manager

Career Area:

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 and experienced Business Manager to join India IND-HPL-Fin - Acct -Global Finance Services Division.

The incumbent would be Managing  the product costing and Inventory governance, supports global strategic goals, and other financial reporting functions for the organization.

The preference for this role is to be based out of Tiruvallur, TN-India

  What you will do

Knowledge of processes involved in managing people; ability to lead successful teams, and diligently address issues related to performance and conflicts at the workplace.

• Assesses the amount of time and resources needed to accomplish a task; delegates work accordingly.
• Reviews progress and performance of employees; addresses bottlenecks or concerns impending employee growth.
• Works with employees to set and define performance standards and career development goals; supports in achieving them.

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. Anticipates and adapts to plan changes.

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. Organizes and prioritizes the sequence of steps to be taken to remedy the situation. Ability to approach problems through Root cause analysis and corrective actions (RCCA).

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 behaviours.

• Reviews others' writing or presentations and provides feedback and coaching.
• Adapts documents and presentations for the intended audience.
• Demonstrates both empathy and assertiveness when communicating a need or defending a position.
• Ability to communicate, downward, upward, and outward.
• Employs appropriate methods of persuasion when soliciting agreement.
• Maintains focus on the topic at hand.

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.

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.

• Stands by decisions in the face of conflict or unexpected outcome.
• Selects the right activities to work on from a range of competing priorities.
• Ability to distinguish between, signal and noise when taking course of action.
• Ability to transit from evaluation to conclusion in appropriate time.

Functional Expertise: Knowledge of accounting methods, product costing, processes, and tools; ability to maintain and prepare financial statements, cost statements, and reports using accounting methods and processes.

• Supervises all aspects of an accounting function.
• Oversees the process and data flow between accounting systems and sub-systems.
• Applies principles used to evaluate the economics of investment decisions.
• Implements valid financial analysis aligned with key criteria.
• Interprets major types of business situations and evaluate appropriate accounting actions and develop decision making analysis.
• Consults with corporate on identifying, tracing, and correcting errors in decision making studies.

General Job Responsibilities includes

• Cost system maintenance.
• Normals & machine rate development.
• Abnormals identification & reporting.
• Prime product and/or component cost monitoring & analysis.
• Operations and/or product group budgeting and expense analysis.
• Capital expenditure forecasting and reporting.
• Standard and current cost grief resolution
• Support management with analysis for decision making in various projects and cost reduction programs.
• New product Introduction (NPI) comprehensive support which includes determining discounted cash flow (DCF) and Internal rate of return of different projects.
• Regional profitability reporting & analysis
• NPI support including future cost, should cost, alternative analyses and strategy.
• OPACC determination & analysis
• Enterprise coordination and/or governance of costing activities
• Product group and/or operational strategy development & execution
• Development of new/alternative costing methodologies, processes, and/or systems
• Inventory Governance
• Month closing
• Audit Support
• Coach & develop team

What you will have 

• Requires a certified accountant (CA/CMA) with college degree in accounting and 10+ years of experience in accounting preferably in a manufacturing environment.
• 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).
• Have experience in leading a larger team.
• Effective communications skills and a good understanding of computer systems especially in MS-Office and Financial Analytics Tool (Power BI, Tableau, Power Apps. etc.).
• Must demonstrate strong leadership, initiative, inter-personal skills, and ability to communicate effectively.

Skills desired:

Business Acumen : Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.
Level Working Knowledge:
• Comments on the organization's business model and financial goals.
• Communicates key considerations for business decision making process.
• Cites examples of types of information needed to make sound business decisions.
• Participates in business task to get things done in own unit or area.
• Caters to key stakeholders and their priorities.

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.

Decision Making and Critical Thinking : Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
Level Extensive Experience:
• Differentiates assumptions, perspectives, and historical frameworks.
• Evaluates past decisions for insights to improve decision-making process.
• Assesses and validates decision options and points and predicts their potential impact.
• Advises others in analyzing and synthesizing relevant data and assessing alternatives.
• Uses effective decision-making approaches such as consultative, command, or consensus.
• Ensures that assumptions and received wisdom are objectively analyzed in decisions.

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 (EEO).

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