Requirements: English
Company: ITT
Region: unione della romagna faentina, emilia-romagna, italy , Emilia-Romagna
About ITT:
At ITT, we have a clear purpose as an organization to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately ~11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion.
- Motion Technologies: manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets.
- Industrial Process: manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.
- Connect and Control Technologies: manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.
Position Summary
Whats the role?
As FP&A Analyst, you will assist in providing financial, strategic and analytical support to the FP&A Manager and Business unit CFO.
This position plays a significant role in the preparation and analysis of monthly/quarterly closing, consolidated financial forecasts, budgets, and strategic/operating plans; you will contribute to the overall assessment of ITT performance to be presented through regular financial status communications to the CFO.
Essential Responsibilities
Your day in the life in ITT as FP&A Analyst:
- Assist in the preparation of financial reporting package (weekly, monthly, quarterly) and any ad hoc financial analysis requested by CFO and management.
- Handle the data transmission to the group using the consolidation software (Onestream).
- Analyze financial performance.
- Perform budget and cost analysis, reviewing and advising on financial status.
- Assist with the establishment, development, and consolidation of the financial targets and data requirements for the quarterly forecast, yearly strategic, operating, and budget plans.
- Perform SG&A Italy cost controlling activity, support monthly closing, and perform financial planning and analysis by cost center, coordinating the preparation of SG&A forecasts and budget.
- Maintain an ongoing relationship with departments to assist them in controlling their costs and with HR to ensure alignment with headcount reporting.
- Approval and accounting control of purchase requests of SG&A costs for HQ Italy.
- Follow the ITT Way and ensure compliance with schedules and requirements.
- Assist with the financial data requirements and analysis for internal reporting to the CFO and GM.
- Collaborate cross-functionally to support the organization.
- Evaluate financial inputs to ensure accuracy and achievability.
- Help develop monthly and quarterly business review requirements, weekly outlooks, and preparing financial analysis.
- Communicate or liaise with direct management, finance personnel, and other analysts in meeting tasks assigned.
- Maintain confidentiality of financial information, investment decisions, or any other tasks assigned by the organization.
Position Requirements
What will make you our perfect match?
- Minimum of three years experience as a financial analyst, or in a similar role.
- Bachelors degree in business, finance, accounting, or economics, or any finance-related degree.
- Critical thinking and problem-solving abilities.
- Data analytics and good IT skills Proficiency in big data analysis, MS Excel, PowerPoint, accounting software, One Stream, HFM, and analysis applications.
- Good interpersonal skills, detail-oriented, self-motivated, and organized.
- Good communication and presentation skills verbal and oral.
- Ability to prioritize tasks, multitask, and work in a fast-paced environment.
- Good English knowledge.
What are you