Tax Senior

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.

Amazing opportunity to learn all aspects of the US international and global tax cycle: tax provision, tax compliance, audit defense, and planning. The ideal candidate will learn and assist with a wide variety of tax matters including foreign tax provisions review, US international and Pillar Two tax provision calculations and compliance including related tax technology tools and processes, foreign audits for assigned jurisdictions, transfer pricing adjustment process and compliance, US and global tax planning, review of W-8s/W-9s, and special projects.

The ability to learn, manage multiple work streams, find solutions, achieve results, and communicate are critical to success in this role. Internal training and support will be provided across all areas.

• Review quarterly tax provision calculations for assigned foreign entities. Work with local finance teams to identify and quantify Permanent and Temporary book-tax and GAAP-GAAP differences and resulting current and deferred tax expenses and liabilities/assets. Review the annual return-to-provision calculations and tax account adjustments.

• Learn and prepare US international tax calculations including foreign entities’ earnings and profits, Subpart F income, GILTI/NCTI, foreign source royalties, §986(c) and §987 foreign exchange gains/losses on earnings distributions, §861 expense allocations, and foreign tax credits.

• Learn and prepare Pillar Two/Global Minimum Tax concepts and calculations including Transitional and Permanent Safe Harbors, Simplified and Jurisdictional ETRs, GILTI/NCTI pushdowns, QDMTTs, IIRs, and UTPRs.

• While achieving the above, learn and operate the US international and Pillar Two models including internal models, the cloud-based KPMG ITRA, PTEP and P2A tools, and processes for moving data including use of Alteryx.

• Compile and prepare information for the external firm preparing the US information returns for ITT’s foreign entities including Forms 5471, 8858, 1118, 8992, 8993, 5452, 5713, 8975 CbCR and annual election/statements. Based on updated Q4 provision calculations and models. Review completed forms.

• Learn and assist the annual transfer pricing adjustment calculation process. Involves the compilation and…