ITT Inc.

Freight Invoice Audit Analyst

Job Locations US-FL-Any City
ID
2025-15274
Category
Sourcing SupplyChain & Logistics
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 Freight Invoice Audit Analyst is responsible for supporting ITT’s needs to ensure accurate freight invoices, on-time payments to carriers, freight spend reporting and system training to ITT site level employees

Essential Responsibilities

  • Maintain daily contact with outsourced freight bill audit and payment provider (FBAP) for freight audit issues, concerns and audit rule maintenance.
  • Work with ITT Global Logistics Sourcing to ensure accurate ITT contract rates are loaded in the FBAP freight invoice audit system.
  • Monitor freight payment timelines for key freight providers and proactively investigate payment delays.
  • Maintain regular contact with key ITT site level employees for freight audit follow up and financial reporting needs.
  • Work closely with FRC A/P to understand freight payment timelines and proper assignment of invoices charges to the correct locations.
  • Project lead to help drive initiatives related to freight audit and reporting.
  • Assist with the generation and analysis of reports and dashboards available in the ITT/FBAP reporting suites.
  • Assist ITT sites with data review in invoice audit Exception Management.
  • Proactively analyze exceptions and review them with ITT sites/carriers/FBAP for resolution.
  • Monitor internal processing queues in FBAP system to ensure prompt validation and resolution.
  • Monitor audit accuracy and review carrier contracts and rates.
  • Work with FBAP Business Analysts to troubleshoot logic issues and perform proactive analysis.
  • Work with FBAP Carrier Relations to support timely ITT carrier payments.
  • Provide training to new ITT employees assigned to the FBAP partnership.
  • Ensure that business logic and validations are current and working according to the needs of ITT.
  • Maintain and update all master tables with accurate data to ensure a successful validation process.

Position Requirements

A) Minimum professional and educational background desired:

  • Bachelor's degree is preferred. Equivalent education and experience will be required.
  • 1-3 years of related experience is required
  • Proficiency (knowledge and ability) to utilize current software programs for web-based and desk-top applications including strong Microsoft Office skills including the ability to create reports utilizing Excel spreadsheets, pivot tables, or database applications.
  • Deep knowledge and understanding of logistics concepts and freight rate structures for all modes of transportation (Small Parcel, LTL, FTL, Int’l Air Freight, Int’l Ocean Freight).
  • Effective collaboration skills to cultivate successful working relationships that align people and processes.
  • Strong Analytical and problem solving skills and background preferred.

B) Describe the most important competencies required of the individual.

  • Effective Communications – The individual must have good communications skills including both written (primarily email/IM) and verbal (telephone/web meetings).
  • Meet Commitments – Individual must have ability to deliver results and meet goals as committed.
  • Prioritization and Planning – The individual should possess an ability to effectively manage and prioritize multiple tasks.
  • Teamwork – Individual must be able to both lead teams as well as participate as a team member toward delivery / completion of team based goals.
  • Ethics – Individual will possess and convey a high degree of honest, business ethics and adherence to the ITT Code of Corporate Conduct.

 

C) Other: Comment on items not included above.

 

  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed above are representative of the knowledge, skill and ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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

Annual Salary Range is $54,000.00 to $80,600, plus benefits and incentives

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