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 Us:
With 2023 sales and revenues of $67.1 billion, 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.
Caterpillar does business on every continent, principally operating through three primary segments - Construction Industries, Resource Industries and Energy & Transportation - and providing financing and related services through our Financial Products segment.
Job Description:
The Global Finance Manager coordinates inputs from financial planning teams, monitors financial planning activities and develops strategic plans to increase an organization's operational efficiency and financial profitability.
Job Responsibilities:
- Presenting research and analysis findings, competitor analysis, financial forecasts and key insights to the senior management, and assisting them in making corporate and strategic decisions.
- Working closely with top management and other key stakeholders to prepare annual budgets and formulate strategic plans to meet business objectives.
- Maintaining current knowledge of organizational policies and procedures providing guidance to others in the business.
Skills Requirements:
Business Acumen:
Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.
- Influences the manner in which business decisions are made in the organization.
- Participates in creating organizational strategy; shows how own function contributes to results.
- Explains the organization's business model and competitive position in the marketplace.
- Utilizes economic, financial, and organizational data to build business cases for major initiatives.
- Lectures on how key decisions impact P&L, short and long-term.
- Analyzes business performance or trends of any organization: competitors, customers, or partners.
Finance and Accounting:
Knowledge of finance and accounting practices, financial analysis, and reporting; ability to apply finance knowledge appropriately to diverse situations.
- Monitors marketplace for developments in tools or approaches to financial management.
- Ensures adherence to organization's and industry's financial requirements and practices.
- Designs and implements customer and product profitability systems and practice.
- Coaches others in the use of financial management practices and tools.
- Designs financial analysis approaches and modeling specific to the business.
- Reviews key financial and performance indicators used by the corporation.
Organizational Governance:
Knowledge of the processes, customs, policies, and rules affecting the way the organization is administered and controlled; ability to ensure compliance with governance guidelines and policies.
- Ensures that internal business practices mirror industry-standard best practices.
- Describes experiences in the development of governance policies or practices.
- Complies with codes of ethics that benefit the overall good of all constituents.
- Ensures clear and timely disclosure of relevant business performance data to all stakeholders.
- Implements procedures to verify and safeguard the integrity of all financial reporting.
- Helps in building a framework of internal controls and corporate disclosure for attaining the company's objectives.
Strategic Thinking:
Knowledge of the importance of "big picture" thinking and planning; ability to apply organizational acumen and competitiveness to identify and maintain focus on key success factors for the organization.
- Directs strategic alliances and partnerships for mutual benefit.
- Makes sound business decisions on behalf of the group when faced with complex and contradictory alternatives.
- Builds the strategic thinking capability of the group.
- Interprets available data and analyses when creating business plans.
- Recommends ways to position the organization for long-term competitiveness.
- Prepares the group's response to key marketplace trends, opportunities, and vulnerabilities.
Leadership:
Knowledge of leadership practices and processes; ability to use strategies and skills to enlist others in setting, embracing and achieving objectives while having a long-term perspective of the future state of things and how to get there.
- Translates vision into specific functional or departmental initiatives.
- Uses a normative decision model (with leadership styles and situational variables) to select style.
- Promotes efficacy through monitoring, coaching & motivating subordinates, intervention, etc.
- Uses emotional contagion to affect the mood of group members, tone of group and group processes.
- Initiates structure: role clarification, setting standards, holding subordinates accountable, etc.
- Employs various group decision-making methods depending on the situation.
Financial Analysis:
Knowledge of tools and approaches of financial analysis; ability to read, interpret and draw accurate conclusions from financial and numerical material.
- Leads others on the full spectrum of financial analyses.
- Consults on all major financial analysis approaches, quantitative and qualitative measures.
- Adapts financial analysis methods to support organizational goals.
- Directs others in interpreting and drawing reliable conclusions from industry financial data.
- Predicts industry trends and their potential impact on the organization.
- Champions the use of new technologies and tools for analyzing financial data.
Financial Forecasting and Modeling:
Knowledge of processes, tools and techniques of financial forecasting and modeling; ability to explore and evaluate alternative financial scenarios and results.
- Evaluates the key benefits and drawbacks of alternative models.
- Uses financial models to seek investment opportunities, cost-savings ideas, and growth opportunities.
- Utilizes the features and facilities of multiple modeling tools applicable to various situations.
- Participates in making business decisions based on financial forecasts and models.
- Consults on the application of a variety of forecasting and modeling techniques.
- Analyzes and resolves anomalies discovered when running models.
Employee benefit details
Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.
Here you earn more than just a salary because we value your performance. We offer a total rewards package that provides benefits on day one (medical, dental, vision, RX, and 401K) along with the potential of an annual bonus. Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).
Final details
Please frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application - please use the candidate log-in on our career website as it will reflect any updates to your status.
For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media
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.
Posting Dates:
March 5, 2024 - March 19, 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.
Not ready to apply? Join our Talent Community (http://flows.beamery.com/caterpillarinc/talcom) .
There's more to work at Caterpillar than just the work itself. We hire smart, friendly people and it shows in our culture. We hold ourselves to high standards and make sure our values of integrity, excellence, teamwork, commitment and sustainability come to life in the way we work. We make sure our employees feel continuously challenged while also supported. We provide professional growth opportunities, including leadership programs. We celebrate the diversity of our team, while also working together as one Caterpillar.
Our culture, like everything at our company, is made possible by each employee's contribution. Person by person, we create the environment we work in, and we are proud of the Caterpillar we've built.
