Manager, Finance and Accounting

Job description

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.

• Motion Technologies: (Revenue of $1.4B; headcount of ~ 4,000; operates in 13 countries) 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: (Revenue of $1.4B; headcount of ~3,400; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, 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: (Revenue of $0.8B; headcount of ~ 3,800; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.
  
  

Resumen de Posición:

This position is responsible for the company's financial plans and policies, its accounting practices, its relationships with lending institutions and the financial community, the maintenance of its tax records, tax management, and the preparation of financial reports.

The position entails oversight of general accounting, property accounting, internal auditing, cost accounting, and budgetary controls.

The position is also responsible for preparing relevant information for management and/or external parties acting in compliance with local regulations, corporate policies, and U.S. GAAP.

Responsabilidades Esenciales:

• Alert the LAR Comptroller's Office to any irregularities, noncompliance, non-compliance, and current or potential problems related to financial systems, financial operations, financing plans, accounting, audits, budgets, and any other matters of financial interest or that could have or have financial implications.
  
  
• Manage business risk and implement business processes that enable the business to operate effectively on a day-to-day basis.
  
  Provide financial and business ethics management to the company and periodic reporting on agreed-upon measures.
  
  Proactive in alerting the Comptroller of any significant variations and any factors that may impact the business, such as legislative changes.
  
  
• Responsible for Credit and Collections, including the establishment of credit limits.
  
  
• Responsible for the financial and legal analysis of cash utilization and local tax minimization strategies.
  
  
• Treasury support for all international intercompany cash transfers.
  
  

• Review local tax returns and coordinate with local tax advisors.


• Actively participate, as a member of the IP Peru leadership team, in business decisions, strategic decisions, contingencies, and financial planning.

This includes providing a critical assessment of inputs to the process.

(Key Result: Profitable and growing business).

• Provide value-added business analysis of IP Peru's business to provide high-impact guidance to the business on high-return initiatives and strategies.
  
  This includes assuming a leadership role and leading cross-functional teams to drive improved business performance.
  
  (Key Result: Profitable and growing business).
  
  
• Conduct market analysis of the business to develop strategies on how to drive growth and profitability.
  
  (Key Result: Profitable and growing business).
  
  
• Provide financial analysis, support, and guidance to support the forecast, annual budget, and strategic plans.
  
  (Key Result: Meet or exceed the OI and OCF targets of the annual budget).
  
  

• Provide analysis and support to drive the achievement of metrics.

Meet or exceed the OI and OCF targets of the annual budget.


• Preparation of a monthly financial analysis of what happened/will happen in the month/quarter/year with value-added commentary and analysis of what actions are being taken to manage risk and opportunities to achieve our planned performance.

(Key Result: Profitable and growing business).

• Provide coordinated support to ensure the necessary asset controls and safeguards and the efficient execution of financial activities, including Sarbanes-Oxley compliance and balance sheet reviews.
  
  (Key Result: Ensure we manage the business in an ethical and compliant manner).
  
  
• Human Resources responsibilities include quarterly performance reviews and managing the development of coworkers through the VBLD 70/20/10 learning process to develop our staff.
  
  (Key Result: Provide a growth and succession plan for our key positions).
  
  
• Continuously monitor and support asset management actions.
  
  Support and implement actions to maximize operating cash flow through the management of related matters, including inventory, accounts payable, accounts receivable, depreciation, capital expenditures, expenses, and profit.
  
  
• Ensure adequate procedures are in place that comply with all aspects of the Sarbanes-Oxley Act.
  
  

Requisitos del Puesto:

• Experience in multinational companies or local businesses (major and locally relevant).
  
  
• Must be detail-oriented, analytical, and have strong communication and customer service skills.
  
  
• Bachelor's degree in Accounting or Finance, CPA, and/or MBA required.
  
  
• Minimum of 7 years of experience in financial management, with experience in financial and general accounting in a manufacturing environment.
  
  Minimum of 3 years of supervisory experience.
  
  
• Strong knowledge and experience in financial operations, communication, and decision-making, with demonstrated ability to work under pressure.
  
  
• Good knowledge of US GAAP.
  
  
• Management skills and demonstrated ability to drive the effective implementation of procedures and policies to support business operational requirements.
  
  
• Verbal and oral English language skills are required.
  
  
• Ability to work independently and as part of a team and take on new tasks with a high level of difficulty.
  
  

Required Skill Profession

Other General