Manager Accounts Payable

Posted:
8/28/2024, 6:48:57 PM

Location(s):
Karnataka, India ⋅ Bengaluru, Karnataka, India

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Accounting

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.

We are seeking a skilled Manager Accounts Payable to join our team who will have the opportunity to champion our for GLBL BusSvcs India & AP ITP team, Global Finance services Division.

The incumbent would be expected to manage the accurate and timely recording, analysis, and communication of business information for all Caterpillar Inc. facilities and selected subsidiaries. Provides guidance on complex issues related to procurement, logistics, and related recording to the financial systems. 

The preference for this role is to be based out of Whitefield Office, Bangalore, India

 What you will do

Job Roles and Responsibilities

  • Provides leadership and direction with both technical and administrative responsibilities for a team of individual contributors.
  • Overall payment and verification practices have been established, but there is a continual need to interpret, coordinate and change recording activities resulting from constantly changing business conditions.

  • This job role mainly focuses on payables and payment management processes.
  • Ideal candidate should have prior experience in reviewing freight contracts and validating the invoices from service providers with relevant agreement terms and contracted rates.
  •  Primary responsibilities are divided into three areas:
     
  • Managing People:
     
  • Manages a team of management personnel and their related workload. Sets expectations and prioritizes work and projects. Analyses staff-provided data for decision making at a summary level.
     
  • Motivates team members to work towards individual and team goals and fosters an environment of teamwork and cooperation.
     
  • Evaluates and reports on staff performance, participates in employee selection to ensure qualified candidates are selected to benefit the enterprise, provides career guidance and training direction, ensures compliance with personnel practices, and promotes team rewards and successes to ensure employee engagement to meet corporate strategic goals.
     
  • Provides technical guidance and expertise.
     
  • Managing Expectations:
     
  • Counsels and actively participates in customer’s strategic business initiatives. Identifies, establishes, prioritizes, and communicates goals and objectives of team.
    Ensures team meets new and existing performance targets rapidly and effectively through continuous process improvement.
     
  • Proactively interacts with customers to develop, understand, and manage customer requirements and expectations.
     
  • Provides services, makes recommendations, and manages costs.
     
  • Communicates effectively within the team and with all internal and external customers, including presentations to all levels of management. 
  • Resolves customer’s issues independently.
     
  • Ensures team’s focus is on cost reduction as well as improving product/process quality.
    Managing Complex Work:
     
  • Provides counsel and technical guidance and expertise on complex business issues related to various supply chain processes.
  • Works with customers and informational technology teams to establish system priorities.
     
  • Leads initiatives and makes decisions to represent the team with both customers and internal team members (i.e. process improvements, new business requirements).
  • Provides creative solutions that challenge traditional methods ensuring processes are adaptive, flexible, and less complex to enhance team and customer performance, working with information technology to make changes to existing systems.
     
  • Investigates new technology to recommend cost effective tools to improve customer satisfaction and reduce processing costs.
     
  • Partners with managed service provider for completion of routine transactional work and reviews monthly performance metrics.
     
  • Demonstrates a comprehensive knowledge of Caterpillar’s entire supply chain.
  • Limited travel required (less than 5% of working time).

 Candidates should have below:

  • Degree in accounting with at least 10 years of accounting experience. 
  • Incumbent must demonstrate knowledge of policies and procedures, plus initiative, leadership,
  • Excellent analytical skills, problem solving, good judgment and superior communication skills. 
     
  • Accounting skills and a strong knowledge of internal controls is required. Excellent interpersonal skills are required to deal with highly sensitive issues, develop others or persuade others inside and outside the department to take specific actions.
  •  SAP experience is preferred.
  • Flexibility to work in US shift is required.

Skills desired:

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.
• Employs techniques for motivating personnel to meet or exceed accuracy goals.
• Implements a variety of cross-checking approaches and mechanisms.
• Demonstrates expertise in quality assurance tools, techniques, and standards.

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.

What you will get:

  • Work Life Harmony
  • Earned and medical leave.
  • Flexible work arrangements
  • Relocation assistance

Holistic Development

  • Personal and professional development through Caterpillar ‘s employee resource groups across the globe
  • Career developments opportunities with global prospects

Health and Wellness

  • Medical coverage -Medical, life and personal accident coverage
  • Employee mental wellness assistance program

 Financial Wellness

  • Employee investment plan
  • Pay for performance -Annual incentive Bonus plan.

 Additional Information:

Caterpillar is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status; however, 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

Caterpillar is an Equal Opportunity Employer (EEO)

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

Posting Dates:

August 29, 2024 - September 4, 2024

Caterpillar is an Equal Opportunity Employer (EEO).

Not ready to apply? Join our Talent Community.

Caterpillar

Website: https://caterpillar.com/

Headquarter Location: Peoria Heights, Illinois, United States

Employee Count: 10001+

Year Founded: 1925

IPO Status: Public

Last Funding Type: Grant

Industries: Construction ⋅ Machinery Manufacturing ⋅ Manufacturing ⋅ Mechanical Engineering