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.
1. Responsible for all Payroll related taxation including monitoring the tax deductions of each employee, Form 16, coordinating with the employees for tax saving documents etc
2. Employee related reimbursements & travel expenses according to the ITT policy, and related accounting entries in ERP.
3. Payroll accounting in ERP
4. MIS related employees including monitoring head count details etc
5. Participation in ERP implementation
6. Processing of all online payments
7. Any additional responsibility as assigned by management
Credit Control | Reviewing credit policies within IP framework |
| Collaborating with customer / sales team for customer risk assessment |
| Controlling credit days and credit limits |
| Customer Order - Review of Commercial and Financial terms (IP500) |
| Milestone tracker - maintenance and Leading MS GEMBA call |
Accounts Receivable & General Accounting | Leading IP Account Receivables. |
| Follow up on actions to be initiated by, Project and Sales team for collections |
| Tracking of all due payments and monitoring issues or roadblocks in payment collections |
| Tracking of all Orders and Milestones and ensuring commercial terms |
| Working with project team to claim milestone payments on timely basis |
| Ensuring that all ABG / PBG / WBG are issued on time and concluded on text with the satisfaction to the customer |
| Closure of BG's with expired periodicity |
| Tracking the Final Document claim and status review with commercial manager |
| Timely reconciliation of customer accounts whenever required |
| Visiting Customer for collections or reconciliations or related clarity |
| Accounting of all receipts in proper customer accounts and related MIS |
| Leading fortnightly calls on AR with India team. |
| Lead for Booking of LD and Bad Debt reserve as per policy |
| Lead of Booking of Commission |
| Reconciliation of Onestream accounts - Customer & AR related |
| Controlling and reviewing PARs |
| Controlling the status of CWIP and capitalization with documenting put to use forms and estimated capitalization date |
| FAR maintenance and Fixed assets monthly roll forward preparation |
| Supporting MT activities with the help of Finance controller |
| Ensuring to complete all month end activities on time. |
Statutory / Tax / Internal Audit support | Statutory / Tax / Internal Audit support |