Business Process Analyst at ITT Inc. in Seneca Falls, New York

Job Description:

Position Summary



ITT Inc. is looking for a Working Capital Business Process Analyst (Accounts Payable) to join their Shared Services team in Seneca Falls, NY. The Working Capital Business Process Analyst is responsible for implementing continuous improvement efforts across the entire Shared Services Working Capital value streams, acting as an internal business partner in shaping continuous improvement strategy while also helping leadership solve complex business and operational problems. This role will be critical in helping to recognize, analyze, prioritize, and drive opportunities for improvement across all aspects of the Working Capital value streams. They will own and utilize Lean Six Sigma and continuous improvement methodologies, tools, techniques, and principles, assuring their freshness, applicability, and consistency with industry standards and ensuring proper deployment across multiple projects.


This includes, but is not limited to, assisting with the development of the strategic direction and global delivery model(s), maintenance of appropriate control environment, development and distribution of operational reports including key performance data, project leadership, support of deploying the services globally, limited financial analysis and preparation of financial forecasts and budgets, and the continuous development and improvement of the service offering. Ensure that project objectives of maximizing commonality and utilizing standard solutions and best practice approaches are achieved. Other duties as assigned.

Essential Responsibilities

• Assist users in analyzing new development / improvement projects
• Develop and maintain productive working relationships with project sponsors, key systems users and IT personnel
• Provides Project Management through the project's life cycle; from conception to implementation and training (project plan development and management).
• Conducts training sessions to implement new or improved systems and procedures.
• Conducts meetings on all levels of management for purposes of presentations, reviews, approvals of recommendations, etc.
• Performs necessary investigation, analysis and evaluation to determine project feasibility.
• Assist in the estimation and procurement of resource requirements (personnel, hardware and software)
• Enhance service offerings with the appropriate processes, procedures and delivery model(s).
• Implement business systems and processes that meet business requirements and enhance internal controls.
• Provide System Admin support for business software applications.
• Implement strategic process improvements aimed at gaining operational efficiencies and maximizing cash flow.
• Utilize data from all areas within the Working Capital value streams and analyze for improvement opportunities.
• Lead cross-functional teams to make improvements to processes to deliver consistent, annual, and sustainable improvements in performance.
• Accelerate cultural change to reduce variation and waste in business and operational activities.
• Drives standardization and structure into performance indicators to identify, prioritize and validate the improvement actions and results.
• Partner with key stakeholders to prioritize and deliver projects on time.
• Identify and engage subject matter experts (SMEs), both internally and externally, to facilitate implementation of project initiatives.
• Create efficient business processes and workflows to streamline, standardize, and accelerate initiatives.
• Analyze and benchmark current state processes against proposed alternatives to identify opportunities to close gaps and/or gain advantages.
• Analyze, document, and accurately track the progress of identified value opportunities.
• Serve as a change agent by promoting the use of Lean tools and Strategy Deployment methodology across the Company.

• B.S. Finance/Accounting is required

• In depth knowledge of Accounts Payable process areas obtained through more than 5-10 years of practical experience.
• Preferred experience in a shared services/centralized services Finance environment.
• Data Analytics, Project Management, and Leadership Skills
• SAP and OCR Technology (such as ABBYY) experience is required

• Considerable skills in process improvement/business transformation, customer service, communication, leadership, problem solving, team building and consensus abilities.
• Change agent