ITT is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in transportation, flow, energy, aerospace and defense. The company’s differentiation is sustained through a combination of several factors: execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose as an organization: to provide our customers with cutting-edge solutions to help solve their most critical needs.
The company generated 2023 revenues of $3.3 billion and is comprised of three distinct segments:
Motion Technologies ($1.5B revenue) is a global leader in brake pads, shock absorbers and sealing solutions for the automotive and rail marketsIndustrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining and industrial marketsConnect & Control Technologies ($0.7B) is a niche player in harsh environment connectors and control components in critical applications for the aerospace, defense and industrial markets.ITT is headquartered in Stamford, Connecticut with over 10,000 employees in more than 35 countries and sales in approximately 125 countries.
Position SummaryThis role will be responsible for the cost base of all the products related to BIW. This role will be heavily involved with the Operation’s team ensuring accurate and up to date inventory valuation. The person will require a good analytical skill and understanding of absorption costing techniques and have experience of working in a similar position within a Manufacturing environment. The position will also be heavily involved in the month end close process, massive data, budgeting and forecasting.
Essential ResponsibilitiesResponsibilities include but not limited to:
Supporting month end closing Update and investigate standard costs as requiredAnalyze and investigate manufacturing variances Monitoring Inventory levels Participate in physical inventory counts to ensure the accuracy of inventory recordsMaintain sales and margin and other financial analysisMaintain work paper documentation that provides an effective audit trail and evidence of compliance with USGAAP and Sarbanes/OxleyContribute to timely and accurate submission of monthly financial results and monthly reporting as required. Take proactive approach to problem solving, improvements, and lean processes within the organizationWork with internal and external auditors when requiredEscalate issues of critical importance to managementSupport Company’s Operating Plan, Budget, and Monthly ForecastPlans study and collect data to determine costs of business activity such as raw material purchases, inventory, and laborMonitor the accumulation of all direct labor, overhead and other manufacturing-related expensesEnsure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP)Help develop financial templates and improve efficiency Position RequirementsRequirements
A bachelor’s degree in accounting5+ years of cost accounting experience in the accountancy field or an equivalent roleSufficient SAP or ERP experience is mandatory. OneStream is a plusAbility to organize workload and manage multiple projects in a dynamic environmentExcellent problem solving and analytical skillsTeam plan and demonstrated respect for culture of ethics and compliance Problem solver and self-motivated 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 is $78,200 to Max $116,800 plus benefits & incentive plans. Options Apply for this job onlineApplyEmail this job to a friendRefer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Connect With Us! Not ready to apply? Connect with us for general consideration. ITT Inc. is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to age, color, gender, gender identity, national origin, physical or mental disability, protected veteran, race, religion, sexual orientation, or any or any other characteristic protected by law. (Government security rules may restrict certain work to specific individuals based on government criteria.)California residents, click this link Application FAQs
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