Accountant (AP SME)

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 Accountant (AP SME) to join our GLBL BusSvcs - Grief, Validation & Reporting – ITP-Global Financial Services Division, Bangalore Team.

The incumbent is expected to manage, process, and optimizing accounts payable functions with a strong focus on intercompany transactions The AP SME will drive process improvements, ensure compliance with accounting standards, and collaborate closely with various teams across the organization to enhance intercompany and AP efficiencies.

The preference for this role is to be based out of Bangalore, KA-India

What you will do

Job Roles and Responsibilities

• We are seeking a skilled AP SME with extensive intercompany knowledge to join our team.
• This is a mid-senior role , requires expertise in managing, processing, and optimizing accounts payable functions with a strong focus on intercompany transactions
• The AP SME will drive process improvements, ensure compliance with accounting standards, and collaborate closely with various teams across the organization to enhance intercompany and AP efficiencies

Accounts Payable Process Management:

• Oversee end-to-end AP processes, including invoice processing, payment cycles, and reconciliation, ensuring timely and accurate execution

Intercompany Transaction Management:

• Act as the primary point of contact for intercompany transactions, ensuring proper recording, reconciliation, and settlement in line with company policies and accounting standards.

Process Improvement:

• Identify and implement process enhancements to increase efficiency, streamline workflows, and reduce errors in the AP and intercompany areas.

Collaboration & Cross-Functional Liaison:

• Work closely with other finance and operational teams, including Treasury, General Ledger, and Regional Finance, to address issues and improve intercompany and AP alignment.

Compliance & Documentation:

• Ensure AP and intercompany processes adhere to internal controls, SOX compliance, and local tax regulations. Maintain updated documentation and DTPs for processes and workflows

Issue Resolution:

• Investigate and resolve any AP or intercompany discrepancies, including vendor disputes, mismatches, and unreconciled transactions.

Training & Development:

• Provide guidance, training, and support to AP and cross-functional teams on best practices for intercompany transactions and AP processes.

Reporting & Analysis:

• Prepare and analyse reports on AP metrics, intercompany balances, and payment performance, offering insights and recommendations for decision-making.

What you will have 

• Education: Bachelor’s degree or postgraduate in Accounting, Finance, or related field. Project management is an added advantage
• Experience: Minimum of 8+ years of experience in accounts payable, with strong exposure to intercompany transactions. Prior experience in a large-sized organization is a plus.
• Technical Skills: Proficiency in ERP systems (e.g., SAP, Xsuite, Caps, SPM) and advanced Excel skills. Familiarity with intercompany and AP automation tools is beneficial.
• Knowledge: Deep understanding of AP and intercompany processes, accounting principles, and compliance requirements, including tax implications for intercompany transactions.
• Soft Skills: Excellent analytical, problem-solving, and communication skills, with a strong attention to detail and ability to work collaboratively across departments.
• Additional Qualifications: Ability to manage multiple tasks in a fast-paced environment, with a proactive approach to identifying process improvements and solving issues.
• Open to Individual contributor roles as well as Team management.

Skill Descriptors
 

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 Working Knowledge:
• Approaches a situation or problem by defining the problem or issue and determining its significance.
• Makes a systematic comparison of two or more alternative solutions.
• Uses flow charts, Pareto charts, fish diagrams, etc. to disclose meaningful data patterns.
• Identifies the major forces, events and people impacting and impacted by the situation at hand.
• Uses logic and intuition to make inferences about the meaning of the data and arrive at conclusions.
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 Working Knowledge:
• Recognizes changing demands and priorities; validates changes with management.
• Obtains information about how current assignments contribute to organizational goals.
• Completes current work according to assigned priorities.
• Responds to day-to-day operational priorities while still making progress on project work.
• Performs at least 2-3 concurrent activities without reducing productivity.
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.

 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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