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.

Role Definition

• Manages, tracks and reports on all payables from the organization.

Responsibilities

• Lead Finance transformation and continuous improvement projects as part of ITP (Invoice to pay) simplification and standardization
• Oversee service outcomes/processes specific to Caterpillar Financial
• Develop and update analytics and reporting measurements by which workstream success is measured
• Partner with internal and external parties to measure/monitor metrics to help drive service improvements for region
• Ensure compliance with internal controls and desktop procedures
• Communicate with internal business contracts, suppliers and other third parties to ensure coordination with purchasing and payment processes
• Provides counsel and technical guidance and expertise on complex business issues.
• Ensuring timely payments of vendor invoices and expense vouchers; maintaining accurate records and control reports.
• Ensuring sufficient awareness of regular payment of invoices and other expenditures.
• Advises on priorities and strategy to business process teams consistent with the global process vision.

Consideration for Top Candidates:

• Proven experience in finance transformation and continuous improvement.
• A strong background in the financial services sector.
• Expertise in simplifying and standardizing accounting processes and practices.

Skill Descriptors
Process Management: Knowledge of business process improvement tools and techniques; ability to understand, monitor, update, control, or enhance existing business or work processes.
Level Extensive Experience: 
•    Helps others learn the tools and techniques for process value analysis.
•    Carries out process evaluation, diagnosis, and optimization.
•    Demonstrates a thorough understanding of a major process flow, its components and issues.
•    Synchronizes the efforts of, and resource requirements for, several teams within a process.
•    Makes the business case for new processes, including their cost-benefit ratios.
•    Possesses knowledge of tools and techniques for designing and implementing new processes.

Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Level Extensive Experience: 
•    Evaluates and makes contributions to best practices.
•    Processes large quantities of detailed information with high levels of accuracy.
•    Productively balances speed and accuracy.
•    Implements a variety of cross-checking approaches and mechanisms.
•    Demonstrates expertise in quality assurance tools, techniques, and standards.
•    Employs techniques for motivating employees to meet or exceed accuracy goals.

Interpersonal Relationships: Knowledge of the techniques and the ability to work with a variety of individuals and groups in a constructive and collaborative manner.
Level Extensive Experience: 
•    Seeks out what's common in conflicting points of view.
•    Influences key individuals inside and outside own group and earns their respect.
•    Resolves potentially harmful differences between individuals and groups of people.
•    Contributes as a member on a variety of teams.
•    Establishes and maintains productive working relationships within and outside of own area.
•    Establishes and maintains credibility with clients and teammates.

Alignment: Knowledge of the importance of collaboration among team members and the ability to enroll stakeholders in communicating and coordinating activities to support the organization's vision and strategies.
Level Working Knowledge: 
•    Assimilates information quickly and with a sense of how it applies to the vision.
•    Identifies inconsistencies or discrepancies between data and the vision it supports.
•    Consistently follows established values.
•    Articulates the organization's mission, values, and goals persuasively.
•    Aligns personal day-to-day activities with business goals.

Planning and Organizing: Knowledge of the process of planning and arranging tasks and resources; ability to plan and organize both time and resources to get things completed while structuring and maintaining work in a systematic and highly methodical way.
Level Working Knowledge: 
•    Raises awareness of potential bottlenecks and disruptions to the schedule.
•    Breaks tasks into manageable steps that can be incorporated into a personal work plan.
•    Escalates concerns over competing or conflicting priorities.
•    Monitors progress continuously and adjusts tactics for handling situations on a case by case basis.
•    Creates action plans that ensure the accomplishment of responsibilities.

Producing Results: Understanding of the criticality of getting things done despite current circumstances and the ability to utilize assigned resources and leverage back-channel resources (individuals or teams) to achieve or exceed planned outcomes.
Level Working Knowledge: 
•    Finds or creates ways to measure performance against goals.
•    Identifies and exploits own strengths; solicits support from others to minimize limitations.
•    Strives for excellence in performance by surpassing established standards.
•    Seeks out advice, help, and information when needed to accomplish responsibilities.
•    Adjusts to new or changing assignments, processes, people, and priorities as business need dictates.

Accounting: Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes.
Level Working Knowledge: 
•    Utilizes cost monitoring practices, techniques and considerations.
•    Works with financial transactions and related documentation within the organization.
•    Participates in accounting practices of classifying and recording financial data.
•    Maintains existing charts of accounts.
•    Follows regulations for entering and reporting the financial content in major accounting systems.

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 Extensive Experience: 
•    Trains others in reconciliation and back period adjustment practices and procedures.
•    Delegates tasks relating to key issues and considerations for day-to-day A-P operations.
•    Resolves common and complex A-P errors or problems.
•    Supervises all aspects of maintaining accounts payable records.
•    Teaches the practices for interdepartmental, partnership, and special case processing.
•    Analyzes data flow between the A-P, General Ledger and other financial systems.

This Job Description is intended as a general guide to the job duties for this position and is intended for the purpose of establishing the specific salary grade.  It is not designed to contain or be interpreted as an exhaustive summary of all responsibilities, duties and effort required of employees assigned to this job.  At the discretion of management, this description may be changed at any time to address the evolving needs of the organization.  It is expressly not intended to be a comprehensive list of “essential job functions” as that term is defined by the Americans with Disabilities Act.

Relocation is available for this position.

Visa Sponsorship is not available for this position. This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as, H, L, TN, F, J, E, O. 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.

Posting Dates:

August 22, 2024 - September 5, 2024

Any offer of employment is conditioned upon the successful completion of a drug screen.   

EEO/AA Employer.  All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

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