Manager, Accounting
ITT Inc.About the role
About ITT:
At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately ~11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion.
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Position Summary
Job Summary/Overview:
As part of The Shared Services Team, located in Seneca Falls, NY, the manager will support the operations of the accounting department in daily/monthly and quarterly financial reporting requirements related to general accounting close activities. This role 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. You will support the accounting team with month-end closings, balance sheet and P&L analysis, and special projects. In addition, you are also responsible for identifying and suggesting appropriate improvements, efficiencies, and follow-up actions that become evident based on the analytical work performed.
Essential Responsibilities
Essential Functions of the Role:
- Manage 2-3 direct reports
- Provide guidance and develop direct reports with support from management
- Responsible for Benefits accounting & Reporting for the active employee population, including but not limited to the following:
- Record Benefits related journal monthly/quarterly entries
- Liaise with third party benefits administrators (i.e. WEX, Empower, etc.)
- Communicate & implement annual medical charge outs.
- Record 401k monthly supplemental results
- Record 401k employer match accruals and charge outs
- Record LTD valuation results
- Oversight over Payroll Accounting, payroll audits and benefit payments.
- Responsible for WAG Accounting entries & reporting
- Shared responsibility for reviewing and approving repatriation & refinancing entries (facilitating, and working with HQ SEC reporting & HQ Tax teams) to ensure entries are recorded accurately and timely.
- Prepare and/or review account reconciliations for value centers and Corporate HQ.
- Responsible for preparing M/Q/A forms and submit to HQ
- Prepare annual Federal & State Tax package information
- Support providing data for quarterly/annual internal and external audits
- Supports staff through appropriate training in assigned areas.
- Participate in special accounting and other projects as assigned.
- Conduct analysis as needed and or as requested by management, recommend and communicate on results and or resolution.
- Assist with continuous process improvements/efficiencies
- Assist in monitoring KPI’s t drive team effectiveness
- M&A Accounting support
Position Requirements
Qualifications/Attributes:
- BS in Accounting or Finance. MBA or CPA preferred.
- 5-7 years of Accounting/Finance with supervisory experience
- Experie
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