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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 Accounts Payable Consultant who will have the opportunity to champion our Global Finance Services Division.

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

What you will do:

Job Roles and Responsibilities

• To manage the Invoice to Pay (ITP) process work with the service provider for monitoring and delivering of services.

• Minimize the risk exposure of the enterprise by ensuring compliance with the policies & procedures for Invoice to Pay process.

• From the outset, the accountant will be expected to be a contributing performer, performing financial/decision support accounting work that supports business processes. Additionally, this position will develop an expanded understanding of Caterpillar’s business and accounting practices, systems, and procedures.

• Coordinate with the Service provider for accounting the vendor invoices, grief resolution and timely payments.

• Monitor the quality of the deliverables by reviewing the vendor invoices accounted in SAP

• Perform quality audits to validate the accuracy on the vendor invoice accounting and vendor payments.

• Monitor the invoice grief and payment grief for timely resolution and follow the governance process in case of escalations.

• Monitor the service deliverables through designated system and tools. Should be conversant with interactive dashboards to analyze and arrive insights for discussion with the service provider.

• Review the payable reconciliation for aged balances and coordinate with the service provider and Business units for resolution.

• Utilizes various computerized systems to accumulate and process data and identifies process improvement opportunities within Trade & Exchange to improve compliance efficiency.

• 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.

• The accountant will demonstrate knowledge and ability to independently handle accounting issues. They will demonstrate good communication skills and have an expanded knowledge of Caterpillar’s businesses, products, suppliers and customers.

Candidates will have:

• Degree in accounting with at least 6 years of accounting experience.

• Incumbent must demonstrate knowledge of policies and procedures, plus initiative, leadership, excellent analytical skills, problem solving, good judgment and superior communication skills.

• Accounting skills and a strong knowledge of Payments activities is required.

• Excellent interpersonal skills are required to deal with highly sensitive issues, develop others or persuade others inside and outside the department take specific actions.

• SAP experience preferred.

• Flexibility to work in US shifts required.

Skills desired:

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.

Accounts Payable (A-P): Knowledge of an organization's billing requirements; ability to utilize the proper tools and follow accounts payable practices and procedures.

Level Basic Understanding:

• Explains the basic concepts of accounts payable.

• Summarizes basic accounts payable reports.

• Initiates major types of accounts payable transactions.

• Describes the basic steps and tools for maintaining accounts payable information.

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:

May 31, 2024 - June 6, 2024

Caterpillar is an Equal Opportunity Employer (EEO).

Not ready to apply? Join our Talent Community (http://flows.beamery.com/caterpillarinc/talcom) .

There’s more to work at Caterpillar than just the work itself. We hire smart, friendly people and it shows in our culture. We hold ourselves to high standards and make sure our values of integrity, excellence, teamwork, commitment and sustainability come to life in the way we work. We make sure our employees feel continuously challenged while also supported. We provide professional growth opportunities, including leadership programs. We celebrate the diversity of our team, while also working together as one Caterpillar.

Our culture, like everything at our company, is made possible by each employee’s contribution. Person by person, we create the environment we work in, and we are proud of the Caterpillar we’ve built.