Manager, Financial Reporting and Accounting

$117,600 - $175,800/Yr

Itt Industries - Stamford, CT

Full-time - Manager

Stamford, CT

5,001-10,000 employees

Machinery Manufacturing

About the position

The Manager, Financial Reporting and Accounting at ITT plays a crucial role in the preparation of SEC filings, including the 10-Qs and 10-K, and coordinates with the legal team regarding the Proxy Statement and other miscellaneous filings. This position is integral to ensuring compliance with financial reporting standards and will provide support in various technical accounting areas. The individual will report directly to the Director of Financial Reporting and will work closely with the Corporate Controller and Chief Accounting Officer. This role also includes managing one direct report, a Senior Accountant, which adds a layer of leadership responsibility to the position. In this role, the Manager will be responsible for preparing the Quarterly and Annual Reports on Form 10-Q/K, including XBRL data submissions, and managing the internal and external review processes for these documents. The position requires oversight of the preparation of the 11-K filing related to the 401k plan, including managing the associated audit in coordination with payroll and human resources. The Manager will actively manage and assist in the preparation of other SEC filings, such as the Annual Proxy and 8-Ks, and will serve as a primary liaison with external auditors on external reporting and technical accounting topics. Additionally, the Manager will create and maintain a Finance calendar to ensure adherence to deadlines for various financial close processes. They will oversee the internal quarterly and annual supplemental reporting process, including the creation of instructions and templates, managing due dates, and tracking, reviewing, and consolidating business unit submissions. The role also involves overseeing the completion of U.S. government census reporting forms and collecting financial data for anti-trust filings. As a technical accounting resource, the Manager will address SEC disclosures and other accounting issues, document technical position memos, and update accounting policies as necessary. Participation in balance sheet reviews and analysis of consolidated financial statements to ensure accuracy is also a key responsibility.

Responsibilities

• Prepare the Quarterly and Annual Reports on Form 10-Q/K, including XBRL data submissions, and manage the internal and external review process for these documents.
• Oversee the preparation of the 11-K filing issued in connection with the 401k plan; manage related audit including coordination with payroll and human resources.
• Actively manage and assist in the preparation of other SEC filings, including the Annual Proxy and 8-Ks.
• Act as a primary liaison with external auditors regarding external reporting and technical accounting topics.
• Act as a key liaison with FP&A and Investor Relations departments and assist in the review of quarterly earnings information.
• Create and maintain a Finance calendar to inform parties of necessary deadline adherence for the various financial close processes.
• Oversee the internal quarterly and annual supplemental reporting process including the creation of instructions and templates, managing of due dates, and the tracking, review and consolidation of business unit submissions.
• Oversee the completion of U.S. government census reporting forms and the collection of financial data for anti-trust filings.
• Act as a technical accounting resource for the Company, particularly in the area of SEC disclosures, as well as when other accounting issues arise; e.g. stock compensation, leases, revenue recognition.
• Document technical position memos referencing relevant accounting guidance and update accounting policies as needed.
• Participate in balance sheet reviews with site management and Corporate Controller and/or Chief Accounting Officer.
• Analyze consolidated balance sheet and income statement to ensure accuracy and explain fluctuations between reporting periods.
• Assist in monitoring ITT Sarbanes Oxley controls and activities, with an emphasis on Corporate and HQ controls.
• Prepare and communicate clear and concise ad hoc analysis and presentations.
• Prepare and manage Stock compensation accounting including the Company's share count. Prepare related forecast and budget information as necessary.
• Participate in special projects, as required.

Requirements

• Bachelors or higher degree in Accounting; CPA (preferred).
• At least 4 years of experience with a global accounting firm (i.e. Deloitte, PricewaterhouseCoopers, KPMG, Ernst & Young, BDO Seidman, Grant Thornton, RSM), with heavy exposure to SEC and financial reporting.
• Excellent knowledge of US GAAP and SEC rules and regulations, including Sarbanes-Oxley, with the ability to research and propose company positions on complex accounting issues.
• Ability to work in a fast-paced environment and manage well through ambiguity and complexity.
• Strong analytical skills, research and decision-making skills, and oral and written communication skills.
• Ability to execute and follow-through to completion and documentation.
• Ability to consult and work closely with business segments and representatives of other corporate departments including HR, Legal, Tax, FP&A, Investor Relations, Treasury, etc.
• Advanced understanding of Microsoft Excel.
• Experience with Onestream, SAP, and Workiva applications is a plus.

Nice-to-haves

• Experience in a manufacturing environment.
• Familiarity with international accounting standards.

Benefits

• Health insurance
• 401(k)
• Short and long-term disability
• Paid time off
• Growth and developmental opportunities
• Incentive compensation programs