Job ID: 2024-13198 Type: Employee # of Openings: 1 Category: Finance and Accounting US-CA-Irvine-2851
Overview
Maintain key business metrics in accordance with ITT requirements. Develop sustainable processes and procedures that ensure accuracy and integrity of management reporting and analysis. Contribute to the credibility of the Finance Dept through timeliness, accuracy, reliability, team spirit, and value-added internal customer service. Respond quickly and accurately to ad-hoc management requests. Utilize financial knowledge to contribute to operational and financial goals of the Company as a whole. Support a culture of compliance and ethics. This position will require hands on support in all aspects of accounting department including general ledger, fixed assets, payroll, A/R, A/P, inventory, costing, general accounting and month end closing processes.
Responsibilities
Support month end closing process in a compressed 2 day closing including posting journal entries and account reconciliation completion in compliance with company policy.
Support the compilation of the Month end reporting package of actuals vs forecast and be able to explain variances.
Track departmental spending and address cost control measure to align with Budget. Create partnership with functional department to monitor spending. Review account and cost center designation of purchase requisition and release based on compliance with DOA approval.
Responsible with working capital initiative including AR past due collection, working with Customer directly to resolve dispute, assist & coordinate collection effort with our AR shared service department, monitoring of cash receipt position and reporting on weekly AR Collection on a weekly basis.
Support as needed on ADP payroll interface and ensure accuracy in the payroll data including verification of hours worked in our Dimension timekeeping system, posting of fringe benefit reserve, vacation, accrual, bonus accrual, etc.
Perform General accounting duties including review and validation of intercompany allocation, charges , expenses, account reconciliation and substantiation.
Coordinate with Functional department to align headcount reporting including projection on open position, termination, active and temporary headcount.
Responsible for validation/reconciliation of Fixed Assets including review of Gross Book Value vs Net Book Value, Construction in Progress and Depreciation. Ensure that asset are designated with proper Fixed Asset number, cost center designation and Fixed Asset classification. Lead the annual Fixed Asset physical inventory as per our control matrix.
Assist with Standard costing and clearing of zsalq items.
Assist with SAP User access review for SOX compliance.
Perform user acceptance testing for system changes for migration to production environment
Collaborate closely with finance and accounting staff to support financial reporting and audit requirements.
Support as need the Load of forecast into our One Stream Financial Software for actuals / budget/forecast and perform data validation and present preliminary reports for review
Willingness to understand business processes in different functional areas and work as a business partner to facilitate reporting of key financial data on a regular basis
Ability to represent finance effectively and to communicate accurately and with precision while working on inter-departmental projects.
Assist in Sarbanes-Oxley audits both internal and external as required.
Escalate issues of critical impact to Company goals, ethics, and compliance to Finance management team
Perform data extraction and organization to provide meaningful analysis as requested by management
Create, maintain databases to improve efficiency of data collection and reporting
Contribute to the development and maintenance of necessary models, tools, processes and procedures to achieve efficient and effective analysis
Perform ad hoc reporting & requirements as needed.
Qualifications
Bachelor’s Degree in Accounting, Finance or related field
2+ year SAP experience or similar ERP system
Manufacturing background is preferred
Minimum of 3 years’ experience in accounting at a mid to senior level
Ability to manage work load, multi task, work under pressure, streamline processes and work under minimal supervision
Must have in-depth professional knowledge of accounting concepts, manufacturing systems, cost accounting , and financial planning
Problem solving, critical thinking, resourcefulness and creativity skills are essential
Full understanding of multiple system interface and flow of transactions.
Ability to interact and communicate with various levels of the organizations.
Strong work ethic, high standards for work product, dedication, honesty and integrity
Must be a self-motivated, initiative to learn and willing to work in a fast paced environment
Excellent PC skills including advanced Excel and other MS Office applications and working knowledge of ERP systems
Excellent oral, written communications
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.”
