About ITT: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 markets.Industrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining, and industrial markets.Connect & 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 SummaryThe position involves oversight of general accounting, property accounting, internal auditing, cost accounting, and budgetary controls. Additionally, it is responsible for preparing relevant information for management and/or external parties acting in compliance with local regulations, Corporate Policies, and US GAAP and IFRS.
Essential ResponsibilitiesAlert the CFO to any irregularities, non-compliance, lack of adherence, and problems whether actual or potential relating to financial systems, financial operations, financing plans, accounting, audits, budgets, and any other matters of a financial nature or which may have a financial implication.Manage business risk and put in place the business processes that enable the company to operate effectively on a day-to-day basis.Provide financial and business ethics management to the company, and report regularly on agreed measures.Proactive in alerting the CFO to any significant variations and any factors that may affect the business, such as legislative changes.Coordinate the provision of information to external auditors for the annual audit.Monitor debt levels and compliance with debt covenants.Comply with local, state, and federal government reporting requirements for all tax returns, as well as review local tax returns and coordinate with local tax advisors.Responsible for Credit and Collections including setting credit limits.Responsible for the financial and legal analysis of cash utilization and local tax minimization strategies.Active participant, as a member of the IP Argentina leadership team, in business decisions, strategic decisions, contingency, and financial planning.Provide value-added business analysis of IP Argentina companies to provide high-impact guidance to the business of high-performance initiatives and strategies.Provide financial analysis, support, and guidance in support of the forecast, annual budget, and strategic plans.Prepare a monthly financial analysis of what happened/will happen in the month/quarter/year with value-added commentary and analysis of what actions are being taken to manage risk and opportunities to achieve our planned performance.Provide coordinated support to ensure the necessary controls and safeguarding of assets and efficient execution of financial activities, including Sarbanes-Oxley compliance and balance sheet reviews.Position RequirementsExperience in multinational companies (important and relevant locally).Must be detail-oriented, analytical, and have strong communication and customer service skills.Bachelor's degree in Accounting; MBA is preferred.Minimum of 5 years' financial experience, with a general financial and accounting background.Minimum of 2 years' supervisory experience.Strong understanding and experience in financial operations with demonstrated ability to work under pressure.Good understanding of IFRS and local regulations.Management skills and a demonstrated ability to drive effective implementation of procedures and policies to support the operational requirements of the business.Verbal and oral English language skills are a must.Ability to work independently and as part of a team and take on new tasks with a high level of difficulty.The individual is expected to work with minimal initial guidance and take ownership of their work product.Experience in multinational companies or local companies (large and relevant at the local level), preferably ISO 14001 certified.
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