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Temp Accountant - 6 month contract

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. 

 

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Position Summary

As part of The Shared Services Team, located in Seneca Falls, NY and under general supervision, the temporary accountant has primary responsibility for daily/monthly and quarterly financial reporting requirements related to fixed assets and general accounting close activities. They will assist with the timely and accurate reporting of financial results and provide management with the level of support and information required for the successful day-to-day operation of the business. They will support the accounting team with month-end closings, balance sheet and P&L analysis, and special projects. In addition, they are also responsible for identifying and suggesting appropriate improvements, efficiencies, and follow-up actions that become evident based on the analytical work performed. This is a temp postion and will be a 6 month contract

Essential Responsibilities

· Responsible for general ledger entries, account reconciliations, and variance analysis to ensure the accuracy and integrity of multiple ledgers and subledgers maintained by shared services.

· Perform a wide array of accounting and reporting tasks including but not limited to recording fixed assets acquisitions, transfers, depreciation, and disposition of fixed assets. Track project costs into fixed asset accounts and close related projects once completed.

· Monitor capital projects in process and prepare CIP reconciliations for various entities.

· Lead the PPD Insurance charge outs process in collaboration with Treasury/Tax Departments

· Maintain existing and update as needed Standard Operating Procedures.

· Collaborates in physical counts and tagging of fixed assets.

· Administrator over Radio Frequency Identification (RFID) equipment and software management.

· Research reconciling items and recommend actions for resolution.

· Respond to inquiries from entities/departments.

· Conduct analysis as needed and or as requested by management, recommend and communicate on results and or resolution.

· Ensure compliance with Sarbanes Oxley Act and resolve audit issues/requests from both external and internal auditors.

· Participate in special accounting and other projects as assigned.

Position Requirements

Bachelor’s degree in accounting.

· Minimum of 3-5 years of accounting experience required with emphasis in fixed assets accounting required. Public accounting and or shared services experience preferred but not required.

· Working knowledge of U.S. GAAP accounting principles.

· Strong Microsoft Office skills including Excel, Word, and Outlook. Experience with complex ERP systems such as SAP and consolidation software such as Onestream/Hyperion is preferred but not required.

· Excellent research, analytical, and problem-solving skills. Must be detail oriented.

· Ability to partner, work effectively, and communicate with other team members, departments, and upper management.

· Proficient in a fast paced, global shared services environment.

· Ability to work independently to meet deadlines and complete time sensitive projects.

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Temp Accountant - 6 month contract, ITT Inc.

Are you looking for an exciting opportunity in the world of finance? ITT is seeking a Temp Accountant for a 6-month contract in Seneca Falls, NY. In this role, you will be a key player within our Shared Services Team, taking on essential responsibilities for daily, monthly, and quarterly financial reporting related to fixed assets and general accounting close activities. With a degree in accounting and 3-5 years of accounting experience, particularly in fixed assets, you'll be diving into a variety of accounting tasks, such as general ledger entries, account reconciliations, and variance analysis to ensure accuracy and integrity of our financial data. You'll collaborate with various departments, help conduct analyses, and even participate in special projects. Join a dynamic environment where ITT, a global leader in technology and manufacturing, empowers you to provide valuable insights while ensuring compliance with U.S. GAAP accounting principles. If you're detail-oriented, have excellent analytical skills, and are proficient in Microsoft Office (Excel is a must!), this position is the perfect match for you. Our team is passionate about delivering solutions that make a lasting difference, and we’d love for you to contribute to our mission during this contract. Ready to make an impact? We look forward to seeing your application!

Frequently Asked Questions (FAQs) for Temp Accountant - 6 month contract Role at ITT Inc.
What are the main responsibilities of a Temp Accountant at ITT?

As a Temp Accountant at ITT, you will have primary responsibilities that include daily and monthly financial reporting related to fixed assets, general ledger entries, and account reconciliations. You'll perform variance analysis to ensure data accuracy and integrity while collaborating with the accounting team on month-end closings and balance sheet and P&L analysis. Furthermore, you will conduct special projects and suggest improvements based on your analytical work.

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What qualifications do I need to apply for the Temp Accountant position at ITT?

To apply for the Temp Accountant position at ITT, you need a Bachelor's degree in accounting and a minimum of 3-5 years of accounting experience, particularly in fixed assets accounting. Familiarity with U.S. GAAP principles and experience with Microsoft Office, especially Excel, are also essential. Experience with ERP systems such as SAP is preferred but not required.

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What software skills are required for the Temp Accountant role at ITT?

The Temp Accountant role at ITT requires strong Microsoft Office skills, including proficiency in Excel, Word, and Outlook. While working knowledge of complex ERP systems like SAP is preferred, proficiency in these software applications will significantly aid in successfully completing your responsibilities within the financial reporting and accounting domains.

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How does ITT support its accounting team during the contract period?

During your contract as a Temp Accountant at ITT, support for the accounting team is provided through structured collaboration with various departments, access to training resources, and involvement in special projects. The environment emphasizes ongoing communication and problem-solving, ensuring that you have the necessary support to perform your tasks effectively.

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What type of work environment can I expect as a Temp Accountant at ITT?

At ITT, the work environment is described as fast-paced and dynamic, particularly within our global shared services team. You'll have the opportunity to work collaboratively with other team members while also maintaining independence in managing deadlines and time-sensitive projects. This collaborative yet independent setting ensures you stay engaged and empowered in your role.

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Common Interview Questions for Temp Accountant - 6 month contract
How would you ensure accuracy when performing general ledger entries as a Temp Accountant?

To ensure accuracy in general ledger entries, I would double-check entries against source documents, maintain detailed records, and utilize reconciliation methods. Regular interaction with the finance team can help confirm data integrity and address discrepancies promptly.

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Can you explain your experience with fixed assets accounting?

In my previous roles, I was responsible for recording fixed asset acquisitions, transfers, and dispositions. I ensured accurate tracking of capital projects, monitored ongoing project costs, and executed depreciation schedules in compliance with U.S. GAAP standards.

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What approach do you take towards month-end closings?

I adopt a methodical approach, starting well before the deadline to create a timeline and checklist of necessary tasks. Collaborating with team members is crucial, alongside using historical data to assess any unusual entries or potential adjustments.

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How do you prioritize tasks in a fast-paced accounting role?

In a fast-paced role, I prioritize tasks by assessing their urgency and impact on financial reporting timelines. Utilizing project management tools can help visualize workload and deadlines, allowing me to allocate my time effectively.

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Describe a challenging accounting problem you faced and how you resolved it.

Once, I discovered discrepancies during reconciliations. I traced these back to a data entry error, collaborated with the offending department, and implemented additional checks that prevent future issues. This improved efficiency and reduced audit findings.

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How do you handle internal audits and compliance with the Sarbanes Oxley Act?

I approach compliance with Sarbanes Oxley by maintaining precise documentation and adhering to established policies. During internal audits, I collaborate with auditors to provide all necessary information and proactively address any compliance gaps.

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What skills do you believe are essential for a Temp Accountant?

Essential skills for a Temp Accountant include strong analytical abilities, attention to detail, proficiency in Microsoft Office, and an understanding of accounting principles like U.S. GAAP. Communication and teamwork are extremely important as well.

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How are you able to communicate effectively with different departments?

Effective communication with different departments involves understanding their unique concerns and requirements. I focus on active listening and clear messaging, ensuring all parties feel heard while promoting collaboration to resolve issues efficiently.

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What do you think is the most important quality for working in shared services?

The most important quality for working in shared services is adaptability. Given the diverse set of tasks and collaboration with multiple teams, being able to adjust to changing scenarios and priorities is crucial for success.

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How do you stay updated on accounting regulations and best practices?

I stay updated on accounting regulations by subscribing to professional accounting associations, attending webinars and workshops, and regularly reviewing relevant publications. Networking with colleagues also provides insights into industry best practices.

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DATE POSTED
April 18, 2025

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