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.

Job Title: Finance Business Partner - Material Costs

Salary/Grade: £45,348 - £52,000 (depending on experience)

Location: Peterborough, UK - Minimum 3 days a week in the office

Benefits: 

• 25 days annual leave,    

• Up to 10% Bonus

• Contributory pension scheme - Caterpillar will double the employee's contribution Up to 10%

• Contributory share scheme - Caterpillar will match 50% of the employee's contribution.

• Optional flexible benefits including access to health and dental care plans, EV car lease, holiday purchase.

Flexible working arrangements will be considered for this role, in-line with the needs of the business.

About IPSD

Caterpillar’s Industrial Power Systems Division (IPSD) designs, tests and manufactures 0.5 to 18L Cat® and Perkins engines that power over 5000 applications including Marine, Petroleum, Industrial Applications, Electric Generators, and Locomotives. Caterpillar’s company strategy includes sustainability as one of four focus areas and IPSD is engaged and actively preparing green energy solutions for the future. 

The Opportunity

An exciting opportunity has arisen for a Material Cost Accounting Business Partner role within the Inventory, Material & Costing Team at our Caterpillar facility in Peterborough.

The successful candidate will be responsible for the reporting and analysis of results of not only the Material costs for the Peterborough facility, but also the consolidation of the overall global material cost reporting for the business unit, including month end, accountable reporting and annual planning and forecasting cycles.

You will Business Partner with the Purchasing Leadership team offering analytics and insights to support decision making as well as in the completion of material cost reporting, including monthly presentation.

There will also be the opportunity to drive end to end process improvements for business insight reporting using lean thinking and support continuous process improvement through utilization of digital tools such as Alteryx and MS Power BI.

What You Will Do:

• Maintain financial records in accordance with GAAP and organizational standards in collaboration with an accounting Service Centre.

• Creating and utilizing automated tools for the updating, analyzing and monthly reporting of consolidated financial results, supporting analysis and reporting processes.

• Support improvement projects to streamline and standardize processes.

• Completion of monthly corporate reporting requirements.

• Support material cost related financial forecasting. 

• Act as a trusted advisor to the Purchasing Leadership team and operational business partners at facilities around the globe.

What You Have:

• Education/Experience: Educated to a degree level or qualified by experience. Professional Certification (CIMA, ACCA or equivalent)

• Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems. Processes large quantities of detailed information with high levels of accuracy.

• Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.

• Financial Analysis: Knowledge of tools and approaches of financial analysis; ability to read, interpret and draw accurate conclusions from financial and numerical material.

• 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.

• Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.

• Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.

• Strong Microsoft office skills essential.

Desirable candidates may demonstrate some of the following:

• Skilled in using data analytics and visualisation tools such as MS PowerBI, MS PowerApps, or Alteryx

• Experience of accounting within a manufacturing environment

• Experience in supporting or leading process improvements with a lean mindset.

• A curiosity for processes and the desire to always improve with changing business needs.

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Additional Information:
We operate a hybrid working week consisting of minimum three days in the office and two from home.

What You Will Get

We look forward to welcoming the successful candidate to our dynamic, diverse and friendly team. We have a culture of openness, autonomy, support, personal development as well as a continuous drive for improvement.  

About Caterpillar

Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.

NB. The panel cannot make assumptions when shortlisting therefore please demonstrate your qualifications and experience on your CV relevant to the criteria outlined. Pending the number of applications, the criteria for the position may be enhanced to facilitate shortlisting. #LI-Hybrid

Posting Dates:

August 30, 2024 - September 15, 2024

Caterpillar is an Equal Opportunity Employer (EEO).

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