AP/AR Accountant at ITT in Bogota

Job description

About ITT: ITT Inc. (NYSE: ITT) is a diversified global leading manufacturer of highly engineered critical components and customized technology solutions serving the flow, aerospace and defense, transportation, industrial, and energy markets. Through operational execution, innovation, and disciplined capital deployment, including strategic acquisitions such as SPX FLOW, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. Headquartered in Stamford, Connecticut, ITT has a market cap of roughly $20 billion and employs more than 15,000 people across 40 countries and serves customers in approximately 125 countries. Following the acquisition of SPX FLOW, the company is expected to generate $5.4 billion in annual revenue. Our businesses are organized in three distinct segments, each based around our core engineering DNA: Flow Technologies: A global leader in, providing a broad portfolio of pumps, valves, mixing and agitation equipment, heat transfer, homogenizers, separation, water and wastewater treatment, and engineered process solutions.Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Anhydro, APV, Bornemann, Bran+Luebbe, C’treat, Engineered Valves, Gerstenberg Schröder, Habonim, Johnson Pump, Lightnin, Philadelphia, Plenty, PRO Cast, Rheinhütte, Seital Separation, Stelzer, Svanehøj, Tigerholm, Uutechnic, VIDAR, Waukesha Cherry-Burrell. Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone. Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA. Position Summary Temporary maternity-cover position subcontracted by SERO Fully responsible for the company's Accounts Receivable process—including invoicing, collections, payment application, portfolio management, and administrative-accounting support—ensuring timely revenue recognition, compliance with commercial terms, and proper tax documentation. Essential Responsibilities • Responsible for assigned accounts, including intercompany accounting, monthly management and reconciliation with required supporting documentation, and assistance with financial reporting, balance sheets, and profit and loss analysis.• Alert the Finance Manager to any irregularities, non-compliance, or actual/potential issues regarding financial systems, financial operations, financing plans, accounting, audits, budgets, and any other matters of a financial nature or with financial implications.• Responsible for the proper timing and application of revenue, cost, and expense recognition rules. This entails real-time review of each order and its terms to determine the appropriate timing for recognition, requiring interaction with Sales and Operations teams.• Perform accounting entries within the scope of responsibility, in accordance with company policies and US GAAP.• Record financial transactions in the company’s assigned ERP system; all external or manual entries must be monitored to ensure proper supporting documentation, accuracy, and appropriate approvals.• Responsible for managing processes and documentation regarding company clients and suppliers in compliance with the PTEE (Business Transparency and Ethics Program), requiring interaction with the Compliance Officer.• Analyze the financial status of prospective clients, providing the Finance Manager with detailed information to support decisions regarding credit terms and limits.• Collaborate with the annual external audit and prepare requested documentation. Support the implementation of agreed-upon recommendations resulting from audit findings within areas of responsibi