Accountant( Cost Accounting

Position: Accountant( Cost Accounting)
Location: Bengaluru

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  Accountant (Cost Accounting)  to join our  Product Tower   – Global Finance Services Division

From the outset, incumbent will be expected to be a contributing performer, doing staff level accounting work that supports business processes.

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

What You Will Do

Gain an understanding of Caterpillar's business and accounting practices, systems, and procedures.
Learn and develop skills which result from the practical application of basic accounting knowledge, and
Provide assistance to a project team or others in the work group.
Accountants will be exposed to a variety of accounting functions and will accomplish a high level of compilation and basic analysis work, reviewing clerical input and generating reports. The accountant identifies relevant data and data sources, gathers, and analyses the information, and provides feedback. Typically, decisions will impact relatively low risk issues and will be reviewed by a supervisor. A supervisor will direct work, but this position does not require close supervision to be effective.

Possible Areas Of Responsibility Are Varied, Including:

Cost system maintenance
Normals & machine rate development
Abnormal identification & reporting
Prime product and/or component cost monitoring & analysis
Operations and/or product group budgeting and expense analysis
Capital expenditure forecasting and reporting.
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
Low-cost producer analysis
Post implementation audit (PIA) completion.
Development of new/alternative costing methodologies, processes, and/or systems
The variety of accounting tasks ranges from low to medium complexity. Interaction outside the workgroup is typically with peers. As the Accountant gains experience, he/she will develop a technical understanding of more complex accounting issues and expand their decision-making capability.
Accountants will continuously learn through training and experience. Learning at this level will focus on methods, processes and systems applied to accounting, developing communications skills and building.
What you will have
A certified accountant (CA/CMA) with college degree in accounting and 5-7 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).
Effective communications skills and a good understanding of computer systems…