AP/AR Accountant

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: 

 

 

 

Fully responsible for the company's Accounts Receivable process—including invoicing, collections, payment application, portfolio management, and administrative-accounting support—ensuring timely revenue recognition, compliance with commercial terms, and proper tax documentation.

• Responsible for assigned accounts, including intercompany accounting, monthly management and reconciliation with required supporting documentation, and assistance with financial reporting, balance sheets, and profit and loss analysis.• Alert the Finance Manager to any irregularities, non-compliance, or actual/potential issues regarding financial systems, financial operations, financing plans, accounting, audits, budgets, and any other matters of a financial nature or with financial implications.• Responsible for the proper timing and application of revenue, cost, and expense recognition rules. This entails real-time review of each order and its terms to determine the appropriate timing for recognition, requiring interaction with Sales and Operations teams.• Perform accounting entries within the scope of responsibility, in accordance with company policies and US GAAP.• Record financial transactions in the company’s assigned ERP system; all external or manual entries must be monitored to ensure proper supporting documentation, accuracy, and appropriate approvals.• Responsible for managing processes and documentation regarding company clients and suppliers in compliance with the PTEE (Business Transparency and Ethics Program), requiring interaction with the Compliance Officer.• Analyze the financial status of prospective clients, providing the Finance Manager with detailed information to support decisions regarding credit terms and limits.• Collaborate with the annual external audit and prepare requested documentation. Support the implementation of agreed-upon recommendations resulting from audit findings within areas of responsibility.• Assist in preparing the monthly management report and accompanying worksheets and narratives, including actual-vs-actual and forecast-vs-actual variance analysis reports. Track and document significant variances.• Comply with all regulatory guidelines and internal policies and procedures. • Support the development of policy, procedure, and manual documentation.• Prepare timely tax returns and reports required by regulatory agencies—including VAT, ICA, and other national and local taxes—as well as periodic and ad-hoc reports.• Review final local tax filings with the Finance Manager.• Contribute to assigned special projects for the department and the organization.• Responsible for managing collections.• Responsible for managing vendor payments.• Actively participate as a member of the IP Colombia leadership team in business decisions, strategic decisions, contingency management, and financial planning. This includes providing a critical assessment of process inputs. (Key outcome: A profitable and growing business).• Provide value-added business analysis for IP Colombia operations to offer high-impact guidance on high-return initiatives and strategies. This includes taking a leadership role and leading cross-functional teams to drive improved business performance. (Key outcome: A profitable and growing business).• Provide financial analysis, support, and guidance to underpin forecasts, budgets, and strategic plans. (Key outcome: Meeting or exceeding annual budget targets for OI and OCF).• Prepare monthly financial analyses of past and projected performance (month/quarter/year), including value-added commentary and analysis of actions taken to manage risks and opportunities in order to achieve planned performance. (Key outcome: A profitable and growing business).• Provide coordinated support to ensure necessary asset controls and safeguards, as well as the efficient execution of financial activities. This includes Sarbanes-Oxley compliance and balance sheet reviews. (Key outcome: Ensuring ethical and compliant business management).

EDUCATION:Bachelor's Degree in AccountingCREDENTIALS OR CERTIFICATIONS:Billing processesSAT – CFDI cancellationsBusiness unit focus and awarenessAbility to multitask, prioritize, and work effectively in a fast-paced, team-oriented environmentEXPERIENCE:• 5 years in a similar roleSPECIFIC KNOWLEDGE / TECHNICAL COMPETENCIES:• Accountant (Bachelor's level)• Basic/Intermediate English• Electronic invoicing (CFDI) and SAT regulations• Epicor ERP and intermediate Excel skills• Excellent communication skills• Problem-solving• Results-oriented approach• Knowledge of ISO 9001:2015 standards