Financial Planning & Analysis III

ITT Corporation Valencia, CA
Job Description

The Financial Planning Analyst is responsible for select elements of financial planning, reporting and analysis for a $240M Value Center (division) of ITT Corporation (Control Technologies) headquartered in Valencia, CA. This position will be the key business partner to the Aerospace Financial Operations leader. The role will review site P&Ls and perform monthly analysis of company results, consolidate forecasts, and monitor and validate Key Business Metrics. The position also coordinates Quarterly and Annual reporting required by corporate headquarters.

Primary Responsibilities

* Prescreening/review of monthly reporting such as financial statements, variance analysis and presentations

* Work with department heads to ensure budgeted goals are met; oversee budget revisions and ensure communication to department heads.

* Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance

* Weekly consolidation of tracking tool as well as maintenance and improvement of the tool and process

* Distribution/Organization and communication of Corporate HQ reporting requirements Quarterly Pricing and Raw Material Purchasing Analysis

* Support Senior Management Team and Departments heads with in-depth analysis

* Assist with the loading of Consolidation system (HFM) for Budgets and Forecasts

* Provide Ad-Hoc Reporting and Analysis when requested.

* Actively participates in month end management reporting & financial statement analysis.

Continuous Improvement & Automation

* Improve the sales reporting process.

* Assist in developing tools for streamlining reporting and data mining.

* Business partner in process development and improvement to increase efficiency in all functional disciplines.

* This role will be key in creating Forecast process that is repeatable and streamlined.

* Improve the sales reporting process.

Other Projects and Potential Responsibilities

* Could play a role in the conversion of two ERP systems to Oracle

* Could be responsible for Capex justification and approval

* Could be key person to interact with Sales and Marketing team

Skills and Experience

Requirements & Skills

* Requires BS/BA in Accounting or Business; MBA or an Advanced degree in Business or Finance strongly preferred

* Sound business acumen and the ability to understand "big picture" and influence functional owners to support key organizational initiatives

* 5+ years relevant accounting experience including exposure cost accounting concepts in a manufacturing environment; HFM experience preferred.

* Strong knowledge of US GAAP, accounting principles and practices, financial analysis, modeling and data reporting using Business Intelligence programs

* Experience leading teams including cross-functional teams

* Act and operate independently with minimal daily direction from manager to accomplish objectives

* Proven track record prioritizing and juggling multiple projects simultaneously with competing priorities and deadlines

* Must possess strong communication & presentation skills;

* The individual should have the ability to articulate thoughts in an effective manner and influence decisions

* Experience with Program Management in Aerospace or similar industry would be a plus

* Possess strong skills to collect, organize, synthesize, and analyze data; summarize findings; and develop conclusions and recommendations from appropriate data sources while considering costs and benefits of potential actions to choose the most appropriate one

* Excellent computer skills including a high degree of skill in Excel, PowerPoint, and ERP systems including Hyperion reporting and data retrieval