Accounting Associate (Junior Accountant)

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 Accounting Associate(Junior Accountant) to join our IND-Cipl-BS -Fin - Reports -Global Finance Services Division.

The Incumbent would review the transaction processing, advise on the GST , WHT that are to be charge appropriately and advice the Internal/external customer on the Indirect Tax and advice the use of appropriate tax classification, and forms and declaration for effective tax benefits and compliance.  Provide leadership in implementing Tax planning, Tax reduction and strategies and ensure compliance.

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

What you will do

• To comply with Goods and Service tax, experience in national and local (federal and state) tax laws and various indirect taxes (i.e. VAT, customs duties, Excise Duties, Service Tax, Sales Tax, Works Contract Tax,, etc.) and regulations in India .
• Minimize the legal tax liability of the enterprise by preparing, reviewing and analysing tax returns, challenging and negotiating reductions to assessments of tax auditors, determining timely estimated taxes, and identifying and participating in tax reduction projects.

Job Function:

• Possible areas of responsibility are varied complexity, mainly informing the stakeholders on the Amendments in the Act, Rules, changes made by reading  the day to day Notifications, Circulars, Instructions including in depth knowledge on  Transactional Processing .
• Setting right GST process for each of the activities, Reviewing the Input Tax Credit.
• Review of accounts postings, Payment of Tax,  review of  monthly returns, E-Filing of  various Returns Including  Monthly, Quarterly and  Annual Returns.
• Providing necessary information to Tax authorities, Liaison with Tax Authorities as may be necessary, Tax Assessment, Reconciliation of Accounts.
• Providing Management Information Reports, Global Vat Compliance, and other assignments that are assigned from time to time.
• The Incumbent need to review the transaction processing ,advise on the GST , WHT that are to be charge appropriately and advice the Internal/external customer on the Indirect Tax and advice the use of appropriate tax classification, and forms and declaration for effective tax benefits and compliance. 
• Provide leadership in implementing Tax planning, Tax reduction and strategies and ensure compliance.

What you will have 

• Education: Graduate or equivalent
• Experience: The position requires 2-3 years’ experience in Indirect Tax Function specifically in the area of GST, Excise, VAT, WCT, Service Tax and accounting knowledge. Work experience in Big 4 Accounting firms is preferred.
• Experience in SAP working environment is compulsory. Knowledge in FI & GST module is required.
• Skills: Knowledge of company organization, accounting practices, demonstrate strong leadership, initiative, inter-personal skills, Team player and the ability to communicate effectively with a strong Positive attitude.
• At the outset, the Incumbent will be expected to be a contributing performer, informing the Leadership about the amendments in the GST Act/Rules and ensure the company is GST tax compliant by providing Tax support   to business processes.
• In addition to this the incumbent will be exposed to a variety of accounting & Transactional Processing functions and will perform a high level of compilation with a broad range of analysis work in the area of Indirect Tax..
• The Incumbent will demonstrate knowledge and ability to independently handle tax issues.  They need to demonstrate good communication skills and have an extended knowledge of Caterpillar's businesses, products, suppliers and customers.
• Maintaining stable performance under demanding business needs and support to the Business to the urgency.
• Knowledge on other areas of Indirect Tax like Customs, Foreign trade Policy, Global VAT and Trade Compliance would be an added advantage.

Skills desired:

Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Level Basic Understanding:
• Explains the importance of accuracy in own function or unit.
• Identifies tasks or outputs that require accuracy and detail-level attention.
• Identifies the procedures for making sure that results are mistake-free.
• Describes consequences of errors within own unit or function.
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 Basic Understanding:
• Describes non-verbal behaviors that influence the interpretation of the message.
• Cites examples of effective and ineffective communications.
• Explains the importance of effective business communication.
• Speaks/writes using correct language, mechanics, and gestures.

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

Posting Dates:

Caterpillar is an Equal Opportunity Employer (EEO).

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