Financial Planning Analyst

at  ITT INC

About ITT::
ITT is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in transportation, flow, energy, aerospace and defense. The company’s differentiation is sustained through a combination of several factors: execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose as an organization: to provide our customers with cutting-edge solutions to help solve their most critical needs.

The company generated 2023 revenues of $3.3 billion and is comprised of three distinct segments:

• Motion Technologies ($1.5B revenue) is a global leader in brake pads, shock absorbers and sealing solutions for the automotive and rail markets
• Industrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining and industrial markets

• Connect & Control Technologies ($0.7B) is a niche player in harsh environment connectors and control components in critical applications for the aerospace, defense and industrial markets.

  ITT is headquartered in Stamford, Connecticut with over 10,000 employees in more than 35 countries and sales in approximately 125 countries.
  Position Summary:
  The Financial Planning Analyst will be responsible for entering and recording purchase invoices in the system, making payments to suppliers and keeping the accounting records up to date. He/she will also prepare tax information for monthly and annual filings, analyze the related balance sheet accounts, the respective reports and ensure the accuracy and transparency of the accounting information, complying with internal controls and local regulations.

Essential Responsibilities:

• Invoice registration and management: Enter all purchase invoices into the system, make payments to suppliers and calculate withholdings as appropriate.
• Tax management: Prepare tax information for monthly and annual local taxes, review returns and coordinate with tax advisors.
• General accounting: Manage general accounting, including reconciliations, cash management, financial reports, and account analysis.
• Audit support: Collaborate in the preparation and management of information for audits, implementing recommendations and ensuring compliance with the respective standards.
• Financial reporting and analysis: Support in the preparation of management reports, analysis of budget variations, and provide support in the preparation of financial reports.
• Control and documentation: Review and classify vouchers, record provisions and depreciations, perform reconciliations, and maintain organized documentation.
• Risk management and special projects: Manage business risk, document policies and procedures, and contribute to special projects and strategic analysis.

Position Requirements:

• Experience in multinational companies or local companies (large and relevant locally), preferably ISO 14001 certified.
• Must be detail-oriented, analytical and have strong communication and customer service skills.
• Completed studies as an Accountant, Administrator or Economist.
• Minimum of 5 years’ experience in similar positions.
• Ability to work under pressure.
• PC skills with Windows and Office programs (mainly Excel and Word).
• Demonstrated ability to drive effective implementation of procedures and policies to support business operational requirements.

• Invoice registration and management: Enter all purchase invoices into the system, make payments to suppliers and calculate withholdings as appropriate.
• Tax management: Prepare tax information for monthly and annual local taxes, review returns and coordinate with tax advisors.
• General accounting: Manage general accounting, including reconciliations, cash management, financial reports, and account analysis.
• Audit support: Collaborate in the preparation and management of information for audits, implementing recommendations and ensuring compliance with the respective standards.
• Financial reporting and analysis: Support in the preparation of management reports, analysis of budget variations, and provide support in the preparation of financial reports.
• Control and documentation: Review and classify vouchers, record provisions and depreciations, perform reconciliations, and maintain organized documentation.
• Risk management and special projects: Manage business risk, document policies and procedures, and contribute to special projects and strategic analysis