Tax Counsel

About ITT

ITT Inc. (NYSE: ITT) is a diversified global leading manufacturer of highly engineered critical components and customized technology solutions serving the flow, aerospace and defense, transportation, industrial, and energy markets. Through operational execution, innovation, and disciplined capital deployment, including strategic acquisitions such as SPX FLOW, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life.

Headquartered in Stamford, Connecticut, ITT has a market cap of roughly $20 billion and employs more than 15,000 people across 40 countries and serves customers in approximately 125 countries. Following the acquisition of SPX FLOW, the company is expected to generate $5.4 billion in annual revenue.

Our businesses are organized in three distinct segments, each based around our core engineering DNA:

Flow Technologies: A global leader in, providing a broad portfolio of pumps, valves, mixing and agitation equipment, heat transfer, homogenizers, separation, water and wastewater treatment, and engineered process solutions.Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Anhydro, APV, Bornemann, Bran Luebbe, C’treat, Engineered Valves, Gerstenberg Schröder, Habonim, Johnson Pump, Lightnin, Philadelphia, Plenty, PRO Cast, Rheinhütte, Seital Separation, Stelzer, Svanehøj, Tigerholm, Uutechnic, VIDAR, Waukesha Cherry-Burrell.

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

We are a dynamic tax department that plays a critical role in shaping business strategy, managing tax risks, and driving efficient structures that support business expansion. The ITT tax team partners closely with Treasury, Accounting, Finance, Legal, and ITT’s value centers to manage the company’s corporate tax matters. This role will support the company’s global tax planning efforts and provide strategic tax advice on corporate restructuring and M&A activities.

Essential Responsibilities

• Support tax counsel and tax department on key transactions and planning strategies. Assist with plan development, US and local tax analysis, documentation, implementation, cross-functional coordination, and ensuring strategy is reported.
• Assist with fast-paced M&A transactions including supporting tax due diligence, acquisition structuring and financing, and legal document review.
• Support global cash redeployment process by teaming with treasury, accounting and finance. Solid understanding of US international tax rules on corporate distributions. General familiarity with foreign tax rules and regulatory requirements.
• Support all aspects of corporate transfer pricing process including drafting legal agreements, documentation and audit defense. Familiarity with US and OECD transfer pricing principles.
• Support tax department on quarterly tax provision process. Collaborate with tax team to ensure planning strategies are appropriately reported.
• Support legal teams on corporate ministerial process for tax sensitive entities.
• Tax technical analysis, research, and scenario modeling. Staying on top of tax law developments and providing relevant updates.
• Support tax compliance process, including preparing GRAs, statements, workpapers and forms related to transactions.
• Any additional projects and duties as required / assigned.
  
  

Position Requirements

• CPA or JD, LLM in Tax a plus.
• 3 – 5 years of relevant experience at Big 4, law firm, or in a comparable in-house role.
• Highly motivated self-starter who takes ownership, follows through, and seeks out learning / development opportunities.
• Proven project management skills with experience managing competing priorities.
• Strong tax analytical skills. Ability to issue spot and apply tax technical concepts to complex transactions and structures.
• An understanding of US and international tax rules, including corporate taxation, reorganizations, foreign tax credit, GILTI / NCTI, Subpart F, 482 principles and methodology, Pillar 2, Subchapter K.
• Strong attention to detail. Experience with drafting and reviewing legal agreements.
• Familiarity with tax research and resources.
• Strong written and verbal communication skills.
• A team player who is able to collaborate and build cross-functional relationships.
• Working knowledge of accounting for income taxes a plus.
  
  

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 $138,300 - $206,900, plus annual incentive plan & benefits.