With 2020 sales and revenues of $41.7 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Since 1925, we’ve been driving sustainable progress and helping customers build a better world through innovative products and services. Throughout the product life cycle, we offer services built on cutting-edge technology and decades of product expertise. These products and services, backed by our global dealer network, provide exceptional value to help our customers succeed.
From the outset, incumbent will be expected to be a contributing performer, doing staff level accounting work that supports business processes. Additionally, this position will:
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 analyzes 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 :
-
financial accounting including preparation of journal entries, financial statements, variance analysis, and account reconciliations
inventory accounting and standard cost revision
payroll and benefit accounting
intercompany reconciliation and analysis
development and maintenance of internal controls, including Sarbanes-Oxley (SOX) control documentation
Possible areas of support could include:
Inventory Accounting & Plant Support
Sales / Cost of Sales Accounting
General Ledger / Legal Entity Reporting & Analysis
Capital Assets Accounting
Financial Systems
SOX Compliance
Statutory GAAP, Tax accounting, General Accounting, and Tax & Trade Compliance (outside the U.S.)
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 knowledge of Caterpillar’s businesses, products, suppliers and customers.
Professional Experience & Other experience:
Proven record of strong initiative, accountability, and effective communication skills
Self-starter - Able to quickly learn and perform day to day activities independently.
Process Driven - Should be able to follow process and invest time in making process improvements.
Cross-functional team work – Able to work with multiple corporate systems and in-house applications to obtain information and perform analysis. Understands the needs of other business functions and partner with them to provide quality financial services.
