Caterpillar—Associate Auditor

Job description

Description: 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. Job Description 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 to 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 Associate Auditor to join Caterpillar Financial Services India Private Limited Incumbent would Perform independent risk-based internal audit reviews, control testing and process assessments for Caterpillar Financial Services India Private Limited (CFSIPL), a captive NBFC operating in the Indian market. Evaluates governance, risk management,regulatory compliance and internal controls; supports SOX testing from a US GAAP perspective and ICFR testing from an Ind AS perspective. The preference for this role is to be based out of Bangalore PSN Office, KA-India What you will do • Execute internal audit reviews across finance, operations, compliance, regulatory reporting and support functions of CFSIPL, including areas relevant to an Indian NBFC such as RBI compliance, loan accounting, credit and collections, AML and KYC-related controls, asset classification, provisioning, related-party/intercompany transactions, vendor/outsourcing controls and regulatory submissions. • Direct and supervise internal audit service providers engaged as experts under CFSIPL's control, retaining ownership of the audit framework, risk assessment, annual RBIA (Risk Based Internal Audit) plan and review and challenge audit deliverables, independently validate remediation evidence and determine closure of observations. • Perform and document audit procedures, including walkthroughs, control testing, sampling, evidence review, issue validation and preparation of clear working papers supporting audit conclusions. • Identify control design gaps, operating effectiveness issues, process vulnerabilities and regulatory compliance gaps; recommend practical improvements and support management action tracking. • Present audit findings to audit management and Board members for the development of reports and recommendations. • Support SOX testing aligned to US GAAP reporting requirements, including control walkthroughs, test procedures, exception documentation and remediation follow-up. • Support ICFR testing aligned to Ind AS reporting requirements, including evaluation of financial reporting controls, process-level controls, entity-level controls, reconciliations and key management review controls. • Assist in review and testing of Risk Control Matrices (RCMs), standard operating procedures, maker-checker controls, reconciliations, financial close processes and key reports used in control execution. • Coordinate with Finance, Compliance, Legal, Operations, external auditors, internal audit teams, business stakeholders and outsourced partners to communicate audit requirements, resolve issues and track closure of audit observations. • Maintain independence, objectivity, professional scepticism, confidentiality and high ethical standards while executing audit responsibilities. What you will have - Chartered Accountant qualification is required. A bachelor’s degree in commerce, finance, accounting or a related field is preferred. Exposure to US GAAP, Ind AS, SOX, ICFR, RBI/NBFC regulations or internal control frameworks will be an advantage. - 2+ years of relevant experience in internal audit, statutory audit, risk advisory, SOX testing, ICFR testing or financial controls, preferably with a Big 4 audit firm or reputed professional services firm. Experience in BFSI, NBFC, financial services or captive finance operations is preferred. - Chartered Accountant with strong accounting, auditing and controls foundation. - High integrity, independence, objectivity and professional scepticism. - Strong analytical mindset with ability to connect process, risk, control and financial reporting implications. - Good understanding of audit documentation standards and evidence requirements. - Ability to work independently while collaborating effectively with business, finance, compliance, audit stakeholders and outsourced partners. - Strong written and verbal communication skills, with ability to prepare concise and professional audit observations. - Curiosity to understand NBFC regulations, business processes, US GAAP, Ind AS, SOX and ICFR requirements. - Strong ownership mindset, attention to detail and commitment to timely completion of audit and testing milestones. - The position requires all 5 days work from office. Skill Descriptors Business Orientation: Understands NBFC operations, finance, accounting, credit, collections, regulatory reporting and control environments; applies audit work in a commercial and regulatory context. Accuracy and Attention to Detail: Performs testing with appropriate sampling, evidence retention and documentation discipline; reviews work papers for completeness, consistency, traceability and support for conclusions reached. Decision Making and Critical Thinking: Applies professional judgement while evaluating audit evidence, exceptions and compensating controls; distinguishes between design gaps, operating failures, process inefficiencies and documentation gaps. Effective Communication: Writes clear audit work papers, issue summaries, management comments and status updates; communicates audit requirements, observations and remediation expectations professionally with stakeholders. Problem Solving: Identifies root causes, recommends proportionate remediation actions, understands escalation practices and validates action closure based on appropriate evidence. Data Gathering and Reporting: Identifies reliable sources of audit evidence, applies basic data analysis to identify trends and exceptions, and prepares accurate audit status updates, testing summaries and exception reports. Regulatory, SOX and ICFR Orientation: Understands the importance of RBI compliance, Companies Act requirements, Ind AS financial reporting and internal control over financial reporting; supports SOX and ICFR testing aligned to group and local statutory reporting expectations. 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 Not ready to apply? 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