Finance Director

Job Location: Bangalore, KA-India

Job Description Summary

To manage the strategy, accurate and timely recording, business analysis, communication, and effective control environment for Caterpillar Inc. facilities and selected subsidiaries.

Job Duties

Provides leadership and direction to a team of managers/supervisors and individual contributors. Overall Record to Report practices have been established, but there is a continual need to interpret coordinate and change recording activities, and standardize processes resulting from constantly changing business conditions and ongoing business systems transformations.

Primary responsibilities of the Business Resource Manager are divided into three areas:

Managing Complex Work
• Responsible for the monthly accounting and financial reporting of Global Business Services’ Record to Report (RTR) processes
• Provides counsel, technical guidance, and expertise on complex business issues related to various accounting processes and compliance with local and corporate regulations.
• 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.
• Works with customers and informational technology teams to establish system priorities and enhancements.
• Leads and ensures compliance with Global Business Services’ governance processes and Sarbanes-Oxley internal controls by ensuring effective and adequate documentation of analysis.
• Partners with managed service provider for completion of routine transactional work and reviews and approves monthly performance metrics.

Managing People:
• Manages a team of managers and individual contributors. Sets expectations and assists in prioritizing projects. Analyzes 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 by guiding team members.
• Ensures team’s focus is on cost reduction as well as improving product/process quality.

Moderate travel required (between 5% to 15% of working time).

Background/Experience
• Position requires a strong background in financial accounting and internal controls. Knowledge of the Caterpillar organization, its products, policies and procedures is also desired.
• Strong analytical skills are required to perform detailed financial analysis and prepare strategic plans.
• It is strongly preferred that the incumbent has credentialed expertise (CPA or similar) and solid practical experience involving technical accounting and reporting issues. The position typically requires a professional degree or certification requiring several years of full-time study after a college degree.
• In addition, 9 - 12 or more years of progressively responsible job-related experience are typically required.
• Incumbent must demonstrate initiative, leadership, excellent analytical skills, problem solving, good judgment and superior communication skills.
• Excellent interpersonal skills are required to deal with highly sensitive issues and develop others or persuade others inside and outside the department to take specific actions.
• Experience supporting Record to Report processes in a shared services environment and SAP experience are preferred.
• Flexibility to work some U.S./EAME shift hours is required.

Caterpillar is an Equal Opportunity Employer (EEO).