Business Process Associate

Business Process Associate

Peterborough Full-Time 34000 - 40000 £ / year (est.) No home office possible
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Caterpillar Inc.

At a Glance

  • Tasks: Lead process improvements and manage accounts receivable for a global team.
  • Company: Join Caterpillar Inc., a leader in industrial power systems.
  • Benefits: Enjoy 25 days leave, bonuses, pension schemes, and flexible benefits.
  • Why this job: Make a real impact in finance while working with a diverse team.
  • Qualifications: Strong relationship-building skills and good knowledge of accounting required.
  • Other info: Great career growth opportunities in a supportive environment.

The predicted salary is between 34000 - 40000 £ per year.

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 Title: Business Process Associate

Salary: £34,000 – £40,000 pa (depending on experience)

Location: Peterborough

Benefits:

  • 25 days annual leave,

  • Up to 10% Bonus

  • Contributory pension scheme – Caterpillar will double the employee\’s contribution Up to 10%

  • Contributory share scheme – Caterpillar will match 50% of the employee\’s contribution.

  • Optional flexible benefits including access to health and dental care plans, EV car lease, holiday purchase

About IPSD

Caterpillar Industrial Power Systems Division (IPSD) designs, tests and manufactures 0.5 to 18L Cat and Perkins engines that power over 5000 applications including Marine, Petroleum, Industrial Applications, Electric Generators and Locomotives. Caterpillar\’s company strategy includes sustainability as one of four focus areas and IPSD is engaged and actively preparing energy solutions for the future.

Perkins Engines Company Limited, a wholly owned subsidiary of Caterpillar Inc., recognised as a leading manufacturer of industrial diesel engines. OEM Manufacturers and end users on every continent have, for generations, trusted Perkins engines to power their world.

At the Peterborough facility we are responsible for the marketing, sales and manufacturing of industrial engines for both the Cat and Perkins brands. Wherever you work, together we create sustainable, world-changing solutions that impact lives around the globe.

The Opportunity

At Caterpillar, we believe each person is unique and valued and are committed to ensuring that our workplace is diverse and representative of the many customers we serve around the globe. Different perspectives help us achieve our best work and come together to form a high-performing Caterpillar team that makes positive changes in the communities where we live and work. That\’s the Power of Everyone.

This is a great opportunity to join the Financial Services team, where you will have the unique opportunity and exposure to work closely with both our end customers, and our significant global matrix teams, supporting the Industrial Power Solutions division. The successful candidate will excel in building strong customer relationships, have a passion to resolve issues through collaboration to drive customer satisfaction and deliver business goals.

Furthermore, you will be provided the scope (and any required development) to help shape and improve the as-is, to innovate and create more value for our customers and the organisation. This role works closely with their peers and cross-functional departments, offering continuous support to junior team members, fostering teamwork, and providing cover for the Receivables manager on occasion.

What You Will Do

  • Lead and implement improvements, championing end-to-end process optimization, leveraging data and analytics to drive the delivery of innovative financial initiatives.

  • Serve as the Accounts Receivable representative for both internal and external audits.

  • Create and maintain customer accounts, including amendments and updates.

  • Prepare and distribute reports, providing leadership and key stakeholders with insights of the current AR position.

  • Support month-end closing activities, ensuring timely completion of reporting and reconciliation tasks.

  • Manage the factoring scheme, acting as the primary point of contact for banking relationships.

  • Assist in the annual Distributor Health review cycle, contributing to financial assessments and reporting.

  • Manage the intercompany aged debt and netting cycle, ensuring resolution of outstanding balances, and accurate reporting across global entities.

Additional Info :

  • Travel may be required (up to 5%) to support ongoing work activities

  • If you will be selected for the interview, these will happen wc 13th October and will be face-to-face in Peterborough facility

  • This position requires the candidate to work a 5-day-a-week schedule in the office.

What You Have:

Effective Communications:

  • Ability to cultivate strong relationships with internal and external customers at various levels.

Accuracy and attention to detail:

  • Understanding the necessity and value of accuracy; ability to complete tasks with high level of precision.

  • Knowledge of data gathering and analysis tools/techniques to collect data from a variety of sources in an objective manner to reach a conclusion (ie. Power BI, Alteryx).

Financial Analysis :

  • Good knowledge of accounting and financial accounting.

PC skills:

  • Fluent in Microsoft Excel.

Candidates may also have gained the following skills:

  • Knowledge of process improvement techniques and tools (ie. Six Sigma, Lean).

  • Experience of Sarbanes-Oxley and/or other financial reporting governance controls.

  • Prior job-related experience having worked within a fast-paced manufacturing/industrial environment, or within debt collection / recovery within credit finance insurance.

NB. The panel cannot make assumptions when shortlisting therefore please demonstrate your qualifications and experience on your CV relevant to the criteria outlined.

Pending the number of applications, the criteria for the position may be enhanced to facilitate shortlisting #LI

Posting Dates:

September 26, October 9, 2025

Caterpillar is an Equal Opportunity Employer. Qualified applicants of any age are encouraged to apply

Not ready to apply? Join our Talent Community.

Business Process Associate employer: Caterpillar Inc.

Caterpillar Inc. is an exceptional employer that prioritises the well-being and growth of its employees in Peterborough. With a strong commitment to diversity, a supportive work culture, and a comprehensive benefits package including generous annual leave, bonus opportunities, and a contributory pension scheme, Caterpillar fosters an environment where every individual can thrive and contribute meaningfully to innovative financial initiatives.
Caterpillar Inc.

Contact Detail:

Caterpillar Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Process Associate

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Caterpillar on LinkedIn. A friendly chat can give us insider info and maybe even a referral, which can really boost our chances.

✨Tip Number 2

Prepare for the interview by researching Caterpillar's values and recent projects. We want to show that we’re not just a good fit for the role, but also for the company culture. Tailor our answers to reflect their mission!

✨Tip Number 3

Practice common interview questions with a mate. We can nail down our responses and feel more confident. Plus, it helps us articulate how our skills align with the Business Process Associate role.

✨Tip Number 4

Don’t forget to follow up after the interview! A quick thank-you email can keep us fresh in their minds and shows our enthusiasm for the position. Let’s make sure they remember us!

We think you need these skills to ace Business Process Associate

Process Optimization
Data Analytics
Accounts Receivable Management
Financial Reporting
Customer Relationship Management
Accounting Knowledge
Microsoft Excel
Audit Support
Reconciliation Skills
Communication Skills
Attention to Detail
Problem-Solving Skills
Intercompany Financial Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Business Process Associate role. Highlight relevant experience and skills that match the job description, especially in finance and process optimisation. We want to see how you can contribute to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the role and how your background makes you a great fit. Be genuine and let your personality come through – we love seeing the real you!

Showcase Your Skills: Don’t forget to highlight your proficiency in Microsoft Excel and any other relevant tools or software. If you've got experience with data analytics or financial reporting, make sure to mention it. We’re looking for someone who can hit the ground running!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Caterpillar Inc.

✨Know Your Numbers

As a Business Process Associate, you'll be dealing with financial data and reports. Brush up on your accounting knowledge and be ready to discuss how you've used data analytics in previous roles. This shows you understand the importance of accuracy and can handle the responsibilities of the job.

✨Showcase Your Relationship Skills

Caterpillar values strong relationships with both internal and external customers. Prepare examples of how you've successfully built and maintained these relationships in past positions. This will demonstrate your ability to communicate effectively and work collaboratively.

✨Excel is Your Best Friend

Fluency in Microsoft Excel is crucial for this role. Make sure you're comfortable discussing your experience with Excel, including any advanced functions or tools you've used. You might even want to practice some common Excel tasks beforehand to feel confident during the interview.

✨Understand Caterpillar's Culture

Caterpillar prides itself on its diverse and inclusive workplace. Research their values and culture, and think about how your personal values align with theirs. Being able to articulate this connection can set you apart from other candidates and show that you're a good fit for the team.

Business Process Associate
Caterpillar Inc.
Location: Peterborough
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