What are the responsibilities and job description for the Audit Analyst position at ITT Inc.?
About ITT
ITT is a leading manufacturer of critical components for harsh environments that serves fast-growing end markets in flow, aerospace and defense, energy and transportation. Building on our heritage of innovation, we partner with our customers to deliver solutions to the key industries that underpin our modern way of life.
Headquartered in Stamford, CT, we have more than 11,700 employees globally with operations in ~40 countries and sales in more than 125. At our core is our engineering DNA, with 1,280 engineers, 1,700 active global patents and ~51 manufacturing locations.
Our businesses are organized in three distinct segments, each based around our core engineering DNA:
Industrial Process: A global leader in centrifugal and twin-screw pumps and engineered valves for chemical, energy, mining, and industrial applications. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Bornemann, Habonim, Engineered Valves, Rheinhütte Pumpen and Svanehøj.
Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone.
Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA.
Position Summary
ITT is looking for an Audit Analyst to join their dynamic, fast-paced Shared Services group in Seneca Falls, NY. A few of the responsibilities for this position include ensuring SOX and GAAP compliance across the business units, coordinating Sales and Use Tax audits, and keeping records accurate and up to date for all locations. Essential Functions of the Role:
Essential Responsibilities
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.
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 $70,000 to $105,400 Plus Benefits and Incentive Plans.
ITT is a leading manufacturer of critical components for harsh environments that serves fast-growing end markets in flow, aerospace and defense, energy and transportation. Building on our heritage of innovation, we partner with our customers to deliver solutions to the key industries that underpin our modern way of life.
Headquartered in Stamford, CT, we have more than 11,700 employees globally with operations in ~40 countries and sales in more than 125. At our core is our engineering DNA, with 1,280 engineers, 1,700 active global patents and ~51 manufacturing locations.
Our businesses are organized in three distinct segments, each based around our core engineering DNA:
Industrial Process: A global leader in centrifugal and twin-screw pumps and engineered valves for chemical, energy, mining, and industrial applications. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Bornemann, Habonim, Engineered Valves, Rheinhütte Pumpen and Svanehøj.
Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone.
Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA.
Position Summary
ITT is looking for an Audit Analyst to join their dynamic, fast-paced Shared Services group in Seneca Falls, NY. A few of the responsibilities for this position include ensuring SOX and GAAP compliance across the business units, coordinating Sales and Use Tax audits, and keeping records accurate and up to date for all locations. Essential Functions of the Role:
Essential Responsibilities
- Ensure compliance of SOX and GAAP by all Shared Services site process owners with company requirements and guidelines established for the performance, documentation and testing of internal controls.
- Ensure HQ and Shared Services control templates are updated annually. Co-ordinate with all functional owners.
- Facilitate semi annual recertifications, restricted access and segregation of duties templates are completed. Support GCC audits.
- Actively support BCP, security and compliance related aspects of the SAP ONE applications as it relates to the Head Quarters groups and maintain overall internal controls for the organization.
- Coordinate all audits for all ITT entities and coordinate data requests with the auditor and BU’s.
- Ensure that Record Retention policy is current and up to date for all FSS locations and in line with ITT policy.
- Ensure compliant with processes related to Unclaimed Property reporting to all States and Canada for ITT Corporation. Remain up to date on requirements pertaining to all States’ regulation changes.
- Bachelor’s degree in Accounting, Finance or Business is required
- 3-5 years of accounting/financial analysis experience is required
- Experience with audits and Sarbanes Oxley Act (SOX) is required
- Business Continuity Plan (BCP) experience is required
- Experience writing documentation for policies, processes, and procedures is required
- Excellent skills in financial analysis, analytical experience and problem solving
- Must be able to perform structured analysis in complex environments
- Strong Microsoft Office skills including Excel, Word, and Outlook. Experience with complex ERP systems such as SAP and consolidation software such as Onestream is preferred but not required.
- Ability to partner, work effectively, and communicate with other team members, departments, and upper management.
- Proficient in a fast paced, global shared services environment.
- Ability to work independently to meet deadlines and complete time sensitive projects.
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.
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 $70,000 to $105,400 Plus Benefits and Incentive Plans.
Salary : $70,000 - $105,400