With 2019 sales and revenues of $53.8 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Services offered throughout the product life cycle, cutting-edge technology and decades of product expertise set Caterpillar apart, providing exceptional value to help our customers succeed. The company principally operates through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and provides financing and related services through its Financial Products segment.
VACANCY DETAILS :-
Self-starter - Able to quickly learn and perform day to activities independently. With assistance of team should step up to handle more complex business requirements with short learning curve.
Process Driven - Should follow process and invest sufficient time in documentation of the process with focus on attention to detail.
Financial reporting - Responsible for monthly analysis of sales, cost of sales, cost variance accounts and provide required accounting adjustments.
Standard cost revision - Responsible for yearly standard cost roll-up by Preparing detailed working capturing how standard costs is arrived for direct materials & overheads (Normals process). Capture standard cost for new parts created during the year.
Cost Variance analysis - Understand and report on key drivers responsible for actual cost to be different from standard costs. Analyze Value addition is in line with Production
Sales and Cost of sales analysis - Monthly review of sales / cost of sales accounts. Review to ensure cut-off procedures for sales is followed, Invoices in grief are cleared timely, Revenue is recognized as per revenue recognition policy.
Product costs - Provide management and operations a overview of current product costs (Product line wise), factors driving material costs, assist operations in cost reduction efforts (Like localization, Make or buy analysis).
Audit support - Assist in preparation of cost sheets for cost audit. Provide detailed documentation and coordinate with EFSS and cost auditors to ensure smooth and timely closure of cost audit.
Financial projections (NPI Analysis) - Assist business manager in preparing financial projections for New product / process introductions. Understanding NPV/IRR and OPACC calculations and assist in data gathering for financials.
Inventory Review/ Reporting - Responsible for monthly review of Inventory balance, Inventory projections, Enterprise controls and procedures for inventory like Inventory count, Inventory provision are special accounting treatment for loaned / vendor managed inventory are followed.
Internal controls - Understand SOX controls around inventory and standard cost setting and ensure the controls are followed and reporting control deficiency to management on timely basis.
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