Financial Analyst

Overview

About ITT: ITT is a leading manufacturer of critical components for harsh environments that serves fast-growing end markets in flow, aerospace and defense, energy and transportation. Building on our heritage of innovation, we partner with our customers to deliver solutions to the key industries that underpin our modern way of life.Headquartered in Stamford, CT, we have more than 11,700 employees globally with operations in ~40 countries and sales in more than 125. At our core is our engineering DNA, with 1,280+ engineers, 1,700+ active global patents and ~51 manufacturing locations.

Our businesses are organized in three distinct segments, each based around our core engineering DNA:

Industrial Process: A global leader in centrifugal and twin-screw pumps and engineered valves for chemical, energy, mining, and industrial applications. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Bornemann, Habonim, Engineered Valves, Rheinhütte Pumpen and Svanehøj .

Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone .

Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA .

Position Summary

The Accounting Specialist will support the Finance department by managing day-to-day accounting operations, ensuring accuracy in financial records, and assisting with reporting and compliance. This role requires strong attention to details, organizational skills, and the ability to work collaboratively in a fast-paced environment.

Responsibilities

• General Accounting
  • Prepare journal entries and reconcile general ledger accounts.
  • Assist with month-end and year-end closing processes.
  • Intercompany accounting, reconciliation and management
• Accounts Receivable
  • Monitor outstanding receivables and follow up on collections.
• Taxes and fiscal declarations
  • Team support on:
    • Witholding Taxes, Tax exempt declaration, virtual stamp
    • Yearly TP Document
    • F24 for tax payment
    • Intrastat
• Financial Reporting & Analysis
  • Support preparation of financial statements and management reports.
  • Assist in variance analysis and budget tracking.
• Compliance & Audit Support
  • Ensure adherence to company policies and regulatory requirements.
  • Provide documentation and support for internal and external audits.
• Process Improvement
  • Identify opportunities to streamline accounting processes.
  • Contribute to system enhancements and automation initiatives.

Position Requirements

• Experience:
  • Experience in accounting or finance roles.
  • Familiarity with ERP systems and accounting software (SAP, or similar).
• Skills:
  • Strong knowledge of accounting principles and practices.
  • Proficiency in MS Excel and data analysis tools.
  • Excellent organizational and time management skills.
  • Attention to detail and accuracy.
• Other Requirements:
  • Ability to work independently and as part of a team.
  • Strong communication skills for interaction with internal and external stakeholders.
  • Flexibility