Finance Analyst (Finance Analyst Business Unit)

Overview

Finance Analyst in the Invoice to Cash team within Accounts Receivable, Global Finance Services, owning the operational and accounting support for the factoring business.

What you'll do

• Run weekly dealer receivable reports, conduct transaction reviews, select eligible invoices for purchase, consider factoring limit, and generate Offer to Sale and Bill of Sale reports.
• Process docsign and 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 requests to RTR to complete all factoring-related journal entry booking, including Offer to Sale entries, discount entries and service fee.
• Ensure all accounting treatments comply with accounting policy, factoring agreement and regulatory requirements.
• Prepare periodic reconciliations with Cat Financial, investigate variances, resolve exceptions and track outstanding/open items to timely closure.
• Support RTR in completing month-end adjustment entries and resolving intercompany discrepancies.
• 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.
• Drive process optimization and gap remediation, aligned with the global factoring standard.

What you'll need

• Bachelor's or master's degree in accounting, finance, or related field.
• 3-5 years in factoring operations, accounts receivable management or corporate accounting.
• 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.

Nice to have

• Hands-on experience with factoring business.
• Preferred: SAP (CBS/Mach1) systems expertise.
• Expanded knowledge of Caterpillar's businesses, products, suppliers, customers and policies.

Details

• Based in the Bangalore Whitefield office, Karnataka, India.