What are the responsibilities and job description for the Senior Associate, Accounting & Controllership position at OTIS?
Date Posted:
2025-11-17
Country:
United States of America
Location:
OT999: 1CP - Farmington, CT One Carrier Place, Farmington, CT, 06032 USARole Overview:
Reporting to the Director, Accounting & Controls, this role involves performing accounting activities to support the month-end close, ensuring US GAAP compliance to maintain accurate financial reporting. The core accounting activities include account reconciliations, journal entry postings, preparation of intercompany loan statements, and utilization of the treasury system.
Responsibilities include (and are not limited to):
- Preparation of journal entries to support the month end closing process for Otis Holding Companies
- Responsible for preparing / reviewing month end account reconciliations
- Running the preliminary and final month end loan statements
- Tie out cash pool statements and post to SharePoint site
- Releasing internal and external payments utilizing Kyriba
- Balancing intercompany Otis accounts and working with worldwide entity counterparts when variances are noted
- Preparation of annual government survey
- Assist in10Q / 10K footnote preparation
- Support the Financial Reporting department’s initiative of continuous process improvement including identification of opportunities and implementation of solutions
- Special projects as requested.
Essential Requirements:
- Successful candidate should be a self-starter interested in providing leadership to ongoing financial accounting issues, leverage the treasury system, and process improvement initiatives.
- Bachelor’s degree in finance, accounting, or a related field, with 3 years of relevant experience in cost accounting, FP&A, or manufacturing finance.
- Attention to Detail: Strong accuracy in financial reporting and analysis.
- Communication Skills: Ability to present financial data clearly to both finance and non-finance stakeholders.
- Problem-Solving Ability: A proactive approach to identifying and addressing business challenges.
- Collaboration & Adaptability: Ability to work effectively in a cross-functional, fast-paced environment.
- Commitment & Drive: A high level of dedication to continuous learning and professional growth within Otis.
- "Can do', positive attitude
- Strong PC skills
The salary range for this role is $80,000-$90,000. Pay within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, and business or organizational needs.
We will consider someone to be a remote employee for this opening as well.
Apply today to join us and build what’s next!.
If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.
Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio.
You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 72,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.
When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge.
We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.
Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do. We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click
here
.
Become a part of the Otis team and help us #Buildwhatsnext!
Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com.
Salary : $80,000 - $90,000