What are the responsibilities and job description for the Finance Officer position at ITT Inc.-English?
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.
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Position Summary
Responsible for ensuring accounting accuracy by managing end to end bookkeeping duties, while also overseeing accounts payable and receivable issues.
Essential Responsibilities
- Daily Transactions: Keeping accurate records of all daily transactions.
- Bookkeeping duties: Preparing journal entries, accruals, and accounts analysis. Assisting in EOM tasks.
- Accounts payable duties. Processing invoices and ensuring timely payments when is required. Resolving issues, invoice discrepancies and dealing with queries.
- Accounts receivable duties: follow up payments from customers, issue milestone invoices, define credit limit for each account and set up new customers.
- Financial Reports: Preparing monthly, quarterly, and annual financial reports. Upload financial statements in monthly basis to global system.
- Bank/Account Reconciliation: Reconciling bank statements to ensure accuracy in daily basis and all GL accounts in monthly basis.
- Audits: Participating in financial audits and providing necessary documentation.
- Budget Preparation: Assisting with the preparation of budgets and forecasts.
- Financial Policies: Reviewing and implementing financial policies and procedures.
- Job costing review including landed cost entry and stock adjustments.
- Build and review of Backlog Margin report.
- Provide ad-hoc / backup support for Finance team, Internal Control and External Audits
- Maintain regular and ongoing communication with customers and internal sales employees to drive cash collections whilst maintaining good customer relationships
- Regular review of receivables listing with timely follow up of aged amounts
- Any other tasks as advised by their Manager that are within their skills and competence.
Position Requirements
Education / Qualifications
- Certificate or Degree in Finance or Accounting.
Experience
- Accounting experience with Accounts Receivable, Accounts Payable, Bookkeeping, costing and analysis.
- Experience utilizing an integrated ERP system
Other
- Must have excellent English communication and organization skills, have the ability to work in and foster a team environment and have a strong focus on health and safety
- Intermediate computer and Microsoft Office skills including PowerPoint, Excel and Word
- Excellent problem solving and analytical skills and a high level of accuracy and attention to detail
- Commitment to ongoing professional development
- Ability to maintain confidentiality.
Fitness for Work
- Must present in a fit for work state at all times
Must be physically able to sit for long periods at a time
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