Manager, Accounting

About ITT:

At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately ~11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion. 

 

• Motion Technologies: (Revenue of $1.4B; headcount of ~ 4,000; operates in 13 countries) manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets. 
• Industrial Process: (Revenue of $1.4B; headcount of ~3,400; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts. 
• Connect and Control Technologies: (Revenue of $0.8B; headcount of ~ 3,800; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.

 

Position Summary

Job Summary/Overview:

As part of The Shared Services Team, located in Seneca Falls, NY, the manager will support the operations of the accounting department in daily/monthly and quarterly financial reporting requirements related to general accounting close activities.  This role will assist with the timely and accurate reporting of financial results and provide management with the level of support and information required for the successful day-to-day operation of the business. You will support the accounting team with month-end closings, balance sheet and P&L analysis, and special projects.  In addition, you are also responsible for identifying and suggesting appropriate improvements, efficiencies, and follow-up actions that become evident based on the analytical work performed.

Essential Responsibilities

Essential Functions of the Role:

• Manage 2-3 direct reports
  • Provide guidance and develop direct reports with support from management
• Responsible for Benefits accounting & Reporting for the active employee population, including but not limited to the following:
  • Record Benefits related journal monthly/quarterly entries
  • Liaise with third party benefits administrators (i.e. WEX, Empower, etc.)
  • Communicate & implement annual medical charge outs.
  • Record 401k monthly supplemental results
  • Record 401k employer match accruals and charge outs
  • Record LTD valuation results
• Oversight over Payroll Accounting, payroll audits and benefit payments.
• Responsible for WAG Accounting entries & reporting
• Shared responsibility for reviewing and approving repatriation & refinancing entries (facilitating, and working with HQ SEC reporting & HQ Tax teams) to ensure entries are recorded accurately and timely.
• Prepare and/or review account reconciliations for value centers and Corporate HQ.
• Responsible for preparing M/Q/A forms and submit to HQ
• Prepare annual Federal & State Tax package information
• Support providing data for quarterly/annual internal and external audits
• Supports staff through appropriate training in assigned areas.
• Participate in special accounting and other projects as assigned.
• Conduct analysis as needed and or as requested by management, recommend and communicate on results and or resolution.
• Assist with continuous process improvements/efficiencies
• Assist in monitoring KPI’s t drive team effectiveness
• M&A Accounting support

Position Requirements

Qualifications/Attributes:

• BS in Accounting or Finance. MBA or CPA preferred.
• 5-7 years of Accounting/Finance with supervisory experience
• Experience in a shared services/centralized services environment, SOA, desired.
• Strong knowledge of U.S. GAAP accounting principles.
• Excellent research, analytical, and problem-solving skills. Must be detail oriented.
• Strong Microsoft Office skills including Excel, Word, and Outlook. Experience with complex ERP systems such as SAP and consolidation software such as Onestream/Hyperion is preferred but not required.
• Ability to partner, work effectively, and communicate with other team members, departments, and upper management.
• Proficient in a fast paced, global shared services environment.
• Ability to work independently to meet deadlines and complete time sensitive projects.

#LI-RL1

 

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR).  All applicants must be U.S. persons within the meaning of ITAR.  ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

 

Safety is a core value at ITT. Our employees understand and follow all ITT safety policies and procedures, participate in workplace inspections, safety training, and in the development of job safety analyses.

 

ITT Corporation is an Equal Opportunity/Affirmative Action employer, and all qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, protected veteran or disability status, or any other characteristic protected by law.

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range

Annual Salary Range $124,800 to $186,400 Plus Benefits and Incentive Plans.

Salary : $124,800 - $186,400