Career Area:FinanceJob 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.Our common values and focus on inclusion and respect drive the decisions made by our company, teams and people. This is why we are committed to hiring and building diverse teams representative of the customers we serve globally. When you join our team, you can apply your unique life and job experiences and work in an environment where your ideas are heard, your contributions are celebrated, and your whole-self matters.About Cat FinancialCat Financial is a subsidiary of Caterpillar Inc., 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 more than 40 years, Cat Financial has provided a wide range of financing solutions to customers and Cat® dealers for machines, engines, Solar® gas turbines, genuine Cat parts and services. Headquartered in Nashville, Tennessee, Cat Financial serves customers globally with offices and subsidiaries located throughout North and South America, Asia, Australia, Europe and Africa. Visit cat.com to learn more about Cat Financial.Role Definition:
Provide support in various Treasury activities including debt management, debt documentation, cost of funds analysis, debt forecasting, intercompany loans, foreign exchange management, cash management and operations, and other related activities.
Job Responsibilities:
Maintain various spreadsheets required to monitor daily incoming and outgoing cash including the maturity schedule of debt and interest rate derivatives, daily funding requests from line units and overall daily cash needs. Spreadsheets are also used to monitor the match-funding positions of CFSC portfolios at both the subsidiary and consolidated level.
Analyze payment requests and processes payments of fees related to commercial bank lines of credit, revolving credit agreements, debt registrations, trustee agreements, rating agency services, intercompany agreements and other agreements as delegated by Treasury Management.
Provides necessary documentation to banks, investment banks, trustees, legal counsel, regulatory agencies, and other parties as required, to properly satisfy the contractual and punctuality requirements associated with debt and interest rate derivative agreements, etc.
Prepare reports on the corporation's funding activities for rating agencies, trustees, investor roadshows and other interested parties.
Coordinate the execution and monitoring of new and administer existing intercompany loans and indexed debt agreements for various subsidiaries.
Assist with or lead special ad hoc projects including Bank and Rating Agency presentations, internal or external audit requests, and other process improvement projects, as needed.
Support cash operations including, but not limited to, daily funding, remediation and recommendations for any failed payments, research for internal customers’ inquiries, policy and SOX compliance, and coordination with other business units.
Participate in bank account management processes, reporting, documentation requirements, and associated projects.
Assists in providing effective back up support to other Treasury department employees.
May monitor daily cash balances and account activity requirements to make strategic investment recommendations and to manage counterparty risk.
Job Requirements:
Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Demonstrate effective presentation tools and techniques to ensure clear understanding to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
Provide a strong ability to implement decision-making process and associated tools and techniques to accurately analyze situations and reach productive decisions based on informed judgment.
Clear understanding of the tools, techniques and processes for gathering and reporting data to practice
Knowledge of the products, types, competitors, customer base, major issues and regulatory considerations in the financial markets; ability to apply financial market knowledge to various business environments.
Strong ability to to utilise tools, and techniques used for analyzing market risk to assess and manage investment exposures to market risk.
implement the use of tools and approaches of financial analysis to read, interpret and draw accurate conclusions from financial and numerical material.
Provide strong relationship management techniques to establish and maintain healthy working relationships with clients, vendors, and peers.
Degree Requirement:
A 4-year college or university degree in finance or related discipline.
Desirable Experience:
Prior working experience in Banking, Treasury or Accounting.
Additional Information:
This role is a hybrid position and would require any successful candidate to commit to a minimum of 3 day per week in office requirement.
Visa Sponsorship is not available for this position. This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as, H, L, TN, F, J, E, O. 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:May 23, 2024 - June 6, 2024Any 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.