The Senior Accountant has primary responsibility for supporting the corporate accounting team in daily general ledger activity and quarterly financial reporting requirements. The analyst 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. S/he is also responsible for identifying and suggesting appropriate improvements, efficiencies and follow-up actions that become evident based on the analytical work performed.
About the Company:ITT is currently headquartered in White Plains, N.Y., with 9,700 employees in more than 35 countries and sales in approximately 125 countries. The company generated 2020 revenues of $2.5 billion. In late 2021, the company will relocate and open its new corporate headquarters in Stamford, CT.ITT operates through three Value Centers (business units): Motion Technologies 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 manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, oil and gas, 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 manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and oil and gas markets.
Responsible for preparing journal entries and maintaining the accuracy and integrity of multiple general ledgers maintained by Headquarters and related financial and accounting processes
Prepare monthly account reconciliations and analysis of corporate results, analyzing for accuracy and reasonableness. Research reconciling items and recommend actions for resolution.
Activities primarily include accruals, general and administrative cost center activity, recurring entries, intercompany transactions, and other corporate accounts, as needed.
Work with corporate cost center managers to ensure completeness of quarterly G&A accruals
Support employee benefits accounting activities (global pension and other postretirement benefits, medical, 401(k), etc.)
Review consolidated results, gather support and prepare certain quarterly and annual footnote for Forms 10Q/10K.
Support with developments of budgets, quarterly forecasts and strategic plans for corporate cost centers, including assisting with actual to forecast variance analysis
Recommend and implement ongoing improvements/enhancements to applications and processes.
Provide SAP support in the processing of Purchase Orders and Invoices when needed.
Ensure compliance with Sarbanes Oxley Act and resolve audit issues/requests from both external and internal auditors.
Bachelor's degree in Accounting. MBA or CPA preferred but not required
Minimum of four years of practical general accounting experience. Public accounting experience a plus.
Broad based experience and ability in utilization of personal computer, client server or mainframe based financial software, i.e., SAP
Proficient in a fast paced, lean, global corporate environment
S/he must possess excellent corporate accounting, research, analytical and problem solving skills
Strong Microsoft Office skills especially Excel and Word. SAP and Hyperion/One Stream experience is preferred
Ability to work independently to complete time sensitive projects with internal and external deadlines
Experience in and commitment to protecting sensitive and confidential information
Must be self-directed, highly motivated, have the ability to multi-task, and possess excellent judgment and discretion
Can partner and work effectively with multiple team members