Accountant

About the Company:

ITT is currently headquartered in Stamford, CT., with employees in more than 35 countries and sales in approximately 125 countries. The company generated 2022 revenues of $2.9 billion.

 

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

 

ITT offers an extremely competitive benefits program. Our employees are provided medical and dental coverage, 401K savings plan, life insurance protection, sickness and accident income protection, a generous vacation and holiday program, a tuition reimbursement program, and a program that allows you to use tax-free dollars to pay for many health care and dependent care expenses.

 

Summary:

The Houston General Accountant position has the primary financial responsibility for the Houston Pro, Chicago Pro and Corpus Chrisit Pro business.  This business (approximately 25M revenue) operates with a lean infrastructure that demands a hands-on approach across a wide array of financial responsibilities. This position must ensure the accuracy and integrity of the underlying systems and processes and ensure compliance with all related rules, regulations and Company policies. The position is primarily accountable for all financial activities within the operation, and is considered a business partner to the operational team. This finance position is a critical provider of all applicable information to the NA PRO Controller.

Primarily responsible for maintaining the general accounting functions at the operating unit level. Completion of financial statements, compiling and analyzing financial information to prepare entries to accounts, maintenance of general and subsidiary ledgers.
• Balance Sheet reconciliation and reporting
• Customer invoicing, milestone billing, verifying invoice contact and PO requirements
• Reporting: Annual operating plan and budget data. Preparing ongoing orders & sales reports and monthly financial statements and reports. Supporting the monthly performance review reporting. Meet all applicable reporting deadlines
• Participates in limited cost accounting and analysis
• Assists shared services with collection activity (as needed), assists in communication between operations, FRC and customer (as needed)
• Ensure adequacy of financial controls including compliance with all SOX and related control requirements, company policies, tax and statutory regulations.
• Ensure completeness and accuracy of local financial records including general ledger and related reports including accuracy of job costing information from the Epicor system.
• Month End duties – Closing general ledger accounts monthly, balance sheet reconciliations, monthly accruals and adjusting entries. Analyze trial balance for accuracy and completeness of transactions and financial reporting to be submitted to Onestream
• Periodic reports and analysis, physical inventory reports, annual parts price list preparation, reviews of standard cost pricing and variances.
• Work with the General Manager and operations team to continually improve business and accounting systems and processes.
• Prepare annual operating plans and budgets for each of the operations.
• Perform financial analysis, capital and lease evaluations (PARs) and special projects.
• Ad Hoc Reporting – as requested by department, manager, or employee.

3-5 years general ledger accounting and end of month close experience in a manufacturing environment
• 2 year degree in Accounting or similar required
• Balance sheet reconciliation and understanding; must have strong accounting acumen to understand financial statements relevant to balance sheets (ultimate responsibility and ownership of local finance records)
• Financial reporting experience required
• Invoicing experience required
• Payroll processing experience is a plus
• SOX exposure is a plus
• Strong understanding of general accounting best practices for compliance and efficiency
• Understanding of business processes
• Solid communication skills
• Solid Analytical skills
• Strong team player

 

Safety is a core value at ITT. Our employees understand and follow all ITT safety policies and procedures, participate in workplace inspections, safety training, and in the development of job safety analyses.

 

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR).  All applicants must be U.S. persons within the meaning of ITAR.  ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

 “ITT Corporation is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other characteristic protected by law.”

 

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We aim to pay our ITTers fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on what they accomplish, but also on how they reflect ITTs values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.
Annual Salary Range between $68,000.00 to $101,400.00 Includes annual bonus and competitive benefits.