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Finance and Accounting Intern

ITT Corporation

ITT Corporation

Accounting & Finance
Valentia, ON K0M 2C0, Canada
Posted on Oct 10, 2024

Finance and Accounting Intern

Job Locations US-CA-Valencia
ID
2024-13250
Category
Finance and Accounting
Position Type
Employee
Telecommute
No

About ITT:

ITT is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in transportation, flow, energy, aerospace and defense. The company’s differentiation is sustained through a combination of several factors: execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose as an organization: to provide our customers with cutting-edge solutions to help solve their most critical needs.

The company generated 2023 revenues of $3.3 billion and is comprised of three distinct segments:

  • Motion Technologies ($1.5B revenue) is a global leader in brake pads, shock absorbers and sealing solutions for the automotive and rail markets
  • Industrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining and industrial markets
  • Connect & Control Technologies ($0.7B) is a niche player in harsh environment connectors and control components in critical applications for the aerospace, defense and industrial markets.

ITT is headquartered in Stamford, Connecticut with over 10,000 employees in more than 35 countries and sales in approximately 125 countries.

Position Summary

Position: Summer Intern – Finance

Location: Valencia, CA

Major(s): Accounting or Finance AND Class year desired is Between 3rd and 4th year of Undergrad (Junior - Senior)

Academic Schedule: June-September 2025, full-time, 40 hours per week

About the experience: Our ITT Accounting or Finance co-op candidates have the unique opportunity to work for a world renowned, publicly traded aerospace manufacturer. With the mentorship of Accounting Manager Piyanka Weerasinghe, the intern gets the experience and learn aspects of operational accounting and finance that is general and specific to manufacturing.

Essential Responsibilities

Assist the accounting/finance team with daily operational activities, including:

  • Review all current standard operational procedures and update them as needed.
  • Gaining an understanding for ITTs SOX policies and procedures.
  • Maintaining and filling documents according to ITTs retention policy.
  • Assist in the resolution of AP/AR items.
  • Inventory audits and cost analysis.

Position Requirements

  • Currently enrolled in an Accounting or Finance (BS), in good standing (GPA of 3.0 or higher)
  • Knowledge, understanding of GAAP and relevant accounting regulations.
  • Solid understanding of accrual accounting.
  • Knowledge of accounting information systems (SAP/Oracle etc.)
  • Must demonstrate ability to communicate effectively both orally and in writing.
  • Proficient in Microsoft Office (Outlook, Excel, PowerPoint etc.)

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range

$20.38 - $30.48

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ITT Inc. is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to age, color, gender, gender identity, national origin, physical or mental disability, protected veteran, race, religion, sexual orientation, or any or any other characteristic protected by law. (Government security rules may restrict certain work to specific individuals based on government criteria.)
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