Accounting / Finance

Caterpillar is Hiring CA/CMA As Accountant (COST/DS) At Thiruvallur, Chennai Full Time

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Caterpillar - 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. We do business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries, and Energy & Transportation – and providing financing and related services through our Financial Products segment. Whether it be groundbreaking products, best in class solutions or creating a lifelong career, you can do the work that matters at Caterpillar. With a 95-year legacy of quality and innovation and 150 locations in countries around the world, your impact spans the globe. When you join Caterpillar, you are joining a team of makers, innovators and doers. We are the people who roll up our sleeves and do the work to build a better world. We don’t just talk about progress and innovation. We make it happen. And we are proud of that, because it helps our customers build and power the world we live in – the roads, hospitals, homes and infrastructure. Without a dedicated workforce Caterpillar could not effectively meet our customer’s needs. At Caterpillar, we believe diversity and inclusion are fundamental to innovation. We are a team that shares our unique talents to help those with whom we work, live and serve. The diverse thinking and decision making of our people strengths us. We respect and value people with different opinions, experiences and backgrounds and believe that by working together, we can produce better results than any of us can achieve alone.

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CAREER AREA:

Accounting

JOB DESCRIPTION:

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.

Location: Thiruvallur, Chennai

Requirements:

* Desired Qualification: CA/CMA

* Desired Experience: Up to 2 years post qualification

Caterpillar is an Equal Opportunity Employer (EEO).

Source – Caterpillar Website

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