Finance Analyst (Finance Analyst Business Unit)

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.

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.

Your Impact 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 Summary
We are seeking a skilled Finance Analyst (Finance Analyst Business Unit) to join Accounts Receivable -Global Finance Services Division

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

What you will do

We are looking for a Finance Analyst to join our Invoice to Cash team. This role is responsible for the end-to-end operational and accounting support for factoring business. This role will own periodically factoring operational tasks, including report running, document sign off, payment clearance, journal entry booking, reconciliation, and month end adjustment. The core objective is to ensure factoring operations run smoothly, accurately, and fully compliant with local legal, regulatory and accounting policy requirements. In addition, this role is expected to proactively identify process gaps, explore optimization opportunities, and drive ongoing process standardization to align with the global factoring framework.

Key Responsibilities：

End-to-end factoring transaction processing

• Run weekly dealer receivable reports, conduct transaction reviews, select eligible invoices for purchase, consider factoring limit, and finally generate Offer to Sale and Bill of Sale reports; process docsign; prepare and release payment as defined in the program workflow. Ensure data integrity, consistency and completeness for downstream analysis.

• Collect dealer payment information and execute accurate fund settlement  to Cat Financial following standard process.

• Estimate upcoming dealer collection at month end, to facilitate appropriate accounting entries for both sides.

• Raise request to RTR to complete all factoring related journal entry booking, including Offer to Sale entries, discounts entries, and service fee. Ensure all accounting treatments comply with accounting policy, factoring agreement and regulatory requirements.

Reconciliation, exception and variance management

• Prepare periodic reconciliations with Cat Financial, investigate variances, resolve exceptions and track outstanding/open items, actively follow up to drive timely closure. Support RTR to complete month-end adjustment entries and resolve intercompany discrepancy.
  
  

Periodic reporting and stakeholder coordination

• Prepare regular operation reports for the factoring program. Coordinate cross-functionally with internal teams and external stakeholders (RBI, Tax authorities etc.) to resolve operational, accounting and compliance issues.
  

Standardization and continuous improvement

• Drive process optimization and gap remediation, align with global factoring standard

What you will have 

• Education: Bachelor’s or master’s degree in accounting, Finance, or related field.
• Experience: 3-5 years in Factoring operations, Accounts Receivable management or corporate accounting. Hands-on experience with factoring business is a strong plus.
• Systems Expertise:
  • Preferred: SAP (CBS/Mach1)
• Having an expanded knowledge of Caterpillar’s businesses, products, suppliers, customers and policies.
• Strong understanding of Accounts Receivable fundamentals and the end-to-end Invoice-to-Cash process, including collections, cash application, account reconciliation and exception management.
• Financial and accounting knowledge to understand and apply the contractual rights, obligations and responsibilities of each party under the factoring agreement.
• Ability to understand the broader financial impact of factoring transactions, including cash flow, receivables, factoring costs, and period-end financial reporting

Core Competencies

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

• Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.

• 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.

• Compliance awareness: Ensure all transactions, accounting treatments and fund flows comply with regulations and company policy, maintain complete audit trails.

• Cross-team collaboration: Work effectively with Cat Financial, RTR, Treasury and other internal teams to ensure smooth and timely execution of factoring operations and respond to any inquiry from tax authorities or RBI.

• 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.

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

What you will get:

• Work Life Harmony
• Earned and medical leave.
• 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

 

Posting Dates:

Caterpillar is an Equal Opportunity Employer.  Qualified applicants of any age are encouraged to apply

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