ITT Inc.

Tax Senior

Job Locations US-CT-Stamford
ID
2025-14220
Category
Finance and Accounting
Position Type
Employee
Telecommute
No

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.

 

Position Summary

The Tax Senior will work on all aspects of the tax life cycle:  tax provision, tax compliance, audit defense and tax planning. The ideal candidate is a true tax generalist and will assist with a wide variety of tax matters, including US and non-US tax provisions, Federal and State tax compliance, State tax audits, US and global tax planning and special projects. Strong writing and communication skills are critical to success in this role.

Essential Responsibilities

  • Review Federal and State tax return filings for the ITT consolidated group. Solid experience in the quantitative aspects of taxation, including Permanent and Temporary book-tax differences, depreciation, tax credits, and similar other quantitative aspects.
  • Prepare Federal and State tax provisions on a quarterly and yearly basis including account reconciliations, tracking of deferred tax assets and liabilities, tax attributes, tax payables and receivables.  
  • Prepare and review international tax provision calculations for various foreign subsidiaries.
  • Respond to State audits, IDRs, desk notices, inquiries, etc.
  • Assist with quarterly Federal and State tax estimates and extensions calculations. Process Federal and State and Local tax payments including providing Cash tax forecast information to Treasury team.
  • Work with internal and external advisors to evaluate, interpret and implement tax planning initiatives in the Federal and State areas.
  • Manage quarterly and annual Tax Controls for FAS 740 purposes including updates to UTP analysis and inventory. Run quarterly interest calculations on UTP balances.  Update and maintain current and deferred tax rates in tax provision software. 
  • Work with field units to answer questions on tax implications of various transactions.

Position Requirements

  • Bachelor’s degree in Accounting required, with MBA or MS in taxation a plus
  • Minimum of 3 years of tax experience in public accounting or corporate environment
  • CPA preferred, or serious candidate interested in sitting for the exam
  • Analytical, forward-thinker who is organized and motivated
  • Knowledge of computer applications (i.e., Excel, Word, PowerPoint) required; experience in SAP, OneStream, TXP experience a plus. 

 

Key Competencies:

  • Effective Communication: The successful candidate will be able to effectively convey their ideas and messages formally and informally, in speaking and in writing. They will deliver clear, concise, accurate, articulate and persuasive written and oral messages, supply supporting facts as necessary and are adept at tailoring their communication to their audience. They will demonstrate ability to prepare reports, documentation, and other written information thoroughly and completely.            
  • Results Orientation: S/he wants results and is motivated by timely outcomes and are steadfast in pursuit of their goals, focus on their target, and persevere in the face of adversity. They are tenacious and get things done, demonstrating and fostering a sense of urgency and strong commitment to achieving goals. They work effectively without undue oversight. 
  • Collaboration and Teamwork: S/he welcomes and acknowledges ideas and input of others – they contribute one’s fair share of work to group efforts. They make productive contributions in meetings. They look for ways to collaborate with others and volunteer to help others when needed.
  • Technical Competence: Broad and deep knowledge of tax. Experienced with income tax reporting standards, including ASC 740, among others. A solid foundation of technical understanding in income tax concepts as well as accounting processes and systems is required. Demonstrated ability to identify and communicate complicated tax issues. 
  • Business/Financial AcumenDemonstrated ability to identify and communicate complicated tax issues in terms of impact on business. Common sense approach to the development and implementation of income tax strategies and programs.

#LI-RL1

 

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.”

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ 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 ITT’s 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.

Equal Pay Act Range

$108,700 - $162,300

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