ITT Inc.

Manager, Financial Controller

Job Locations AR-B-Munro
ID
2024-13519
Category
Finance and Accounting
Position Type
Employee
Telecommute
No

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 position involves oversight of general accounting, property accounting, internal auditing, cost accounting, and budgetary controls. Additionally, is responsible for preparing relevant information for management and/or external parties acting in compliance with local regulations, Corporate Policies, and US GAAP and IFRS as well.

Essential Responsibilities

Alert the CFO to any irregularities, non-compliance, lack of adherence and problems whether actual or potential relating to financial systems, financial operations, financing plans, accounting, audits, budgets and any other matter of a financial nature or which may or has a financial implication.
 Manage business risk and put in place the business processes that enable the company to operate effectively on a day-to-day basis. Provide financial and business ethics management to the company, and report regularly on agreed measures. Proactive in alerting the CFO to any significant variations and any factors that may affect the business, such as legislative changes.
 Coordinate the provision of information to external auditors for the annual audit;
 Monitor debt levels and compliance with debt covenants;
 Comply with local, state and federal government reporting requirements for all
tax returns, as well as review local tax returns and coordinate with
local tax advisors;
 Responsible for Credit and Collections including setting credit limits. Responsible for the
financial and legal analysis of cash utilization and local tax
minimization strategies.
 Active participant, as a member of the IP Argentina leadership team, in business
decisions, strategic decisions, contingency and financial planning. This includes
providing critical assessment of inputs to the process. (Key Result: Profitable and growing business);
 Provide value-added business analysis of IP Argentina companies to
provide high-impact guidance to the business of high-performance initiatives and strategies. This
includes taking a leadership role and leading cross-functional teams to drive improved
business performance. (Key Result: Profitable and growing business).
 Provide financial analysis, support and guidance in support of the forecast, annual budget and
strategic plans. (Key Result: Meet or exceed annual OI and OCF budget targets);
 Prepare 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 provide the necessary controls and safeguarding of
assets and efficient execution of financial activities. Including Sarbanes-Oxley compliance and balance sheet reviews. (Key Result: Ensure we are managing the
business in an ethical and compliant manner).

Position Requirements

  • Experience in multinational companies (important and relevant locally);
    1.- Must be detail-oriented, analytical and have strong communication and customer service skills;
    2.-Bachelor's degree in Accounting, MBA is preferred;
    3.- Minimum of 5 years' financial experience, with a general financial and accounting background.
    4.- Minimum of 2 years' supervisory experience;
    5.- Strong understanding and experience in financial operations in communication and decision making with
    demonstrated ability to work under pressure;
    6.- Good understanding of IFRS and local regulations Management skills and a demonstrated ability to drive effective implementation of procedures and policies to support the operational requirements of the business;
    7.- Verbal and oral English language skills are a must;
    8.- Ability to work independently and as part of a team and take on new tasks with
    high level of difficulty;
    9.-The individual is expected to work with minimal initial guidance and take ownership of their work product;
    10.- Experience in multinational companies or local companies (large and relevant at local level),
    preferably ISO 14001 certified.

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