Caterpillar, Inc. Looking for Finance Representative at Nationwide – US Full Time

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.

At Caterpillar , you build what matters-whether it’s the career you want, crucial work skills, strong relationships or new digital technologies. There are big jobs to be done worldwide-building critical infrastructure, bolstering local economies, meeting the demand for energy-and that work is powered by our people.

Every single Caterpillar employee, including our Financial Services Division , moves our company forward. Piece by piece, part by part, person by person. Together we create sustainable, world-changing solutions that impact lives around the globe.

Position Title: Finance Representative

Job Location: Bangalore, India

Job Summary

• Formulate, propose, and implement interest rate risk and debt funding strategies for Caterpillar Financial Services Corporation’s (CFSC) Asia Pacific subsidiaries in support of the corporate business plan.

• Review and recommend cash management structures for Asia Pacific subsidiaries. Coordinate and track intercompany loans.

• Investigate potential external funding solutions to reduce the cost of funds in Asia Pacific.

• Provide other treasury related services as needed.

Principal Duties and Responsibilities

• Performs Asset/Liability management through analytical studies of the company’s portfolio content, consultation with investment banks and commercial banks.

• Subsequently formulates a proposed funding and hedging strategy and presents it to the Funding Manager or Treasurer for approval.

• Upon approval, may execute the trades or contracts necessary to implement the approved strategy.

• These strategies are aimed at executing the most economical funding alternatives for CFSC while maintaining a prudent level of interest rate risk.

• May manage Commercial Paper (CP) programs. This includes tracking and negotiating daily CP rates from our CP dealers, deciding on maturity dates for newly issued CP, tracking and reporting on CP line capacity, development and maintenance of various analyses of CFSC debt costs and charting related to departmental metrics.

• Prepares forecasts of commercial paper activity to accommodate reporting requirements of Caterpillar Inc. and rating agencies as well as other forecasts for the timing of new debt registrations including MTN shelf filings and Securitizations.

• May administer Asset/Liability system, including maintaining the database, running model scenarios and preparing reports.

• Coordinates with system/software consultants to discuss and negotiate billing issues, training programs, and upgrades and enhancements.

• May administer the debt management system including daily maintenance, training and ongoing development. Acts as a liaison with Cat Inc Treasury on system issues.

• May maintain continued contact with Investment Bankers acting as agents for all publicly funded programs.

• The purpose of this contact is to continually assess market conditions, recommend market entry points, and negotiate terms of specific debt issuance, including commercial paper documents and/or trade details of executed transactions for submission to trustees, paying agents and regulatory agencies.

• May maintain contact with Commercial Bankers in order to assist the Funding Manager in the selection, negotiation and documentation of new or amended credit facilities.

• Executes drawings under established credit facilities globally as needed and assists the Treasurer in the selection of trustees and issuing/paying agents.

• May maintain frequent contact with derivative product desks of the company’s commercial bank group in order to assess and compare the economic opportunity to create synthetic debt or hedges as an alternative to straight debt issuance.

• Structures tailored hedges for large fixed rate receivable transactions with principal repayment patterns not available in fixed income securities.

• Creates neutralizing swap transactions to maintain corporate match funding objectives or to compensate for receivables, which pay off prior to their scheduled maturity.

• May negotiate Master Swap Agreements with counterparts and reviews transaction confirmations for approval and signature.

• May negotiate and execute foreign exchange contracts and maintain the CFSC objective of zero foreign currency exposure by maintaining appropriate contact with Caterpillar, Inc. or its designated subsidiary and/or commercial bank foreign exchange desks.

• Performs the continuous review, recommendation, and implementation of new funding vehicles to broaden the company’s liquidity access. Ensures cash balances and account activity requirements are managed to maintain minimal balances at individual subsidiaries.

• Works with local subsidiaries and banking partners to establish the most efficient cash management solution within either the country or the region. Develops and maintains outside contacts, which involves a great deal of interface with the company’s investment and commercial banking group.

• Relations with all segments of funding will be managed in a professional manner and all funding transactions will be executed punctually and accurately.

• May assist with or lead special adhoc projects including Bank and Rating Agency presentations, internal or external audit requests, Bank Support System maintenance, and other process improvement projects as needed.

• May assist in providing effective back up support to other Treasury department employees. Participates in the established quality objectives for the department.

• Evaluates the quality of the overall process and focuses on continuous improvement in quality performance and results.

• Measures progress toward quality standards and sees that the necessary measurements are maintained. Participates in the resolution of any identified problems.

• Analyzes data and makes all business decisions based on such analysis.

• Understands the Harassment policy of the company and is responsible for its application in all aspects of employment.

Job Requirements

Skills, abilities and Knowledge:

• Demonstrated ability to read and analyze various business and financial reports.

• Demonstrated knowledge of and ability to apply advanced math computation skills, statistical analysis and other mathematical concepts used in financial forecasting and modeling.

• Ability to establish and maintain banking and financial relations in a multi-cultural environment.

• Ability to research and understand the business requirements (tax, legal, financial, etc.) and political and cultural issues in the countries in which business is transacted.

• Working knowledge of Financial Accounting Standards and procedures.

• Demonstrated knowledge of foreign currency exchange and banking systems.

• Complete knowledge of discounted cash flow techniques and Financing Transaction Tax Laws.

• Working knowledge of commercial laws and regulations governing operations of CFSC. Awareness of pending legislation, which would impact operations of CFSC and Cat Inc.

• Working knowledge of the finance and brokerage industry, risk management concepts and products, and funding strategies.

• Demonstrated knowledge of economic statistics and their impact on the direction of financial markets and their impact on business globally.

• Ability and willingness to travel on an international basis.

Education/Experience

• A 4-year college or university degree in any discipline and a minimum of 4 years exempt experience in Banking, Treasury or Accounting, with significant knowledge of finance/accounting practices is recommended.

• Equivalent experience may be substituted for education.

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 ~~~/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.

Relocation is available for this position.

Caterpillar is an Equal Opportunity Employer (EEO).

Not ready to apply? Join our Talent Community (~~~) .

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.