ITT Skillbridge Program
This role will be responsible for the cost base of all the products related to BIW. This role will be heavily involved with the Operation’s team ensuring accurate and up to date inventory valuation. The person will require a good analytical skill and understanding of absorption costing techniques and have experience of working in a similar position within a Manufacturing environment. The position will also be heavily involved in the month end close process, massive data, budgeting and forecasting. ITT Inc. is proud to be a military-friendly company and an approved DoD SkillBridge partner, committed to providing engaging, meaningful and impactful opportunities to transitioning military service members. ITT values the experience that you have gained during your time in the military, and we look forward to welcoming you onto a team that recognizes and appreciates the unique skillsets that you bring to the workplace.We are excited to offer our hardworking and talented transitioning service members real-world, hands-on training in today’s in-demand fields. As an ITT SkillBridge participant, you will receive key professional opportunities and support from experienced managers, who will guide you in transferring your skills to the civilian workplace and thriving after separation. Please note: You must be a transitioning service member within the last 180 of U.S. military service in order to qualify for this position. Per DoD SkillBridge regulations, this program does not provide compensation through ITT Inc
ABOUT THE JOB
Responsibilities include but not limited to:Supporting month end closing Update and investigate standard costs as requiredAnalyze and investigate manufacturing variances Monitoring Inventory levels Participate in physical inventory counts to ensure the accuracy of inventory recordsMaintain sales and margin and other financial analysisMaintain work paper documentation that provides an effective audit trail and evidence of compliance with USGAAP and Sarbanes/OxleyContribute to timely and accurate submission of monthly financial results and monthly reporting as required. Take proactive approach to problem solving, improvements, and lean processes within the organizationWork with internal and external auditors when requiredEscalate issues of critical importance to managementSupport Company’s Operating Plan, Budget, and Monthly ForecastPlans study and collect data to determine costs of business activity such as raw material purchases, inventory, and laborMonitor the accumulation of all direct labor, overhead and other manufacturing-related expensesEnsure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP)Help develop financial templates and improve efficiencyPosition RequirementsPreferred Requirements:A bachelor’s degree in accounting5+ years of cost accounting experience in the accountancy field or an equivalent roleSufficient SAP or ERP experience is mandatory. OneStream is a plusAbility to organize workload and manage multiple projects in a dynamic environmentExcellent problem solving and analytical skillsTeam plan and demonstrated respect for culture of ethics and compliance Problem solver and self-motivated
RESPONSIBILITIES
- Supporting month end closing
- Update and investigate standard costs as required
- Analyze and investigate manufacturing variances
- Monitoring Inventory levels
- Participate in physical inventory counts to ensure the accuracy of inventory records
- Maintain sales and margin and other financial analysis
- Maintain work paper documentation that provides an effective audit trail and evidence of compliance with USGAAP and Sarbanes/Oxley
- Contribute to timely and accurate submission of monthly financial results and monthly reporting as required
- Take proactive approach to problem solving, improvements, and lean processes within the organization
- Work with internal and external auditors when required
- Escalate issues of critical importance to management
- Support Company’s Operating Plan, Budget, and Monthly Forecast
- Plans study and collect data to determine costs of business activity such as raw material purchases, inventory, and labor
- Monitor the accumulation of all direct labor, overhead and other manufacturing-related expenses
- Ensure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP)
- Help develop financial templates and improve efficiency
QUALIFICATIONS
- A bachelor’s degree in accounting
- 5+ years of cost accounting experience in the accountancy field or an equivalent role
- Sufficient SAP or ERP experience is mandatory
- OneStream is a plus
- Ability to organize workload and manage multiple projects in a dynamic environment
- Excellent problem solving and analytical skills
- Team plan and demonstrated respect for culture of ethics and compliance
- Problem solver and self-motivated
BENEFITS
- Hands-on training in today’s in-demand fields
- Support from experienced managers
- Guidance in transferring military skills to the civilian workplace
OTHER
This opportunity is available at the ITT BIW site location in Santa Rosa, CA. This is an onsite opportunity.