Senior Associate, Accounting & Controllership

Otis•Farmington, CT

2d•$80,000 - $90,000•Remote

About The Position

Reporting to the Director, Accounting & Controls, this role involves performing accounting activities to support the month-end close, ensuring US GAAP compliance to maintain accurate financial reporting. The core accounting activities include account reconciliations, journal entry postings, preparation of intercompany loan statements, and utilization of the treasury system. Successful candidate should be a self-starter interested in providing leadership to ongoing financial accounting issues, leverage the treasury system, and process improvement initiatives. When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge. We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs. Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do. We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do.

Requirements

Bachelor’s degree in finance, accounting, or a related field, with 3+ years of relevant experience in cost accounting, FP&A, or manufacturing finance.
Attention to Detail: Strong accuracy in financial reporting and analysis.
Communication Skills: Ability to present financial data clearly to both finance and non-finance stakeholders.
Problem-Solving Ability: A proactive approach to identifying and addressing business challenges.
Collaboration & Adaptability: Ability to work effectively in a cross-functional, fast-paced environment.
Commitment & Drive: A high level of dedication to continuous learning and professional growth within Otis.
"Can do', positive attitude
Strong PC skills

Responsibilities

Preparation of journal entries to support the month end closing process for Otis Holding Companies
Responsible for preparing / reviewing month end account reconciliations
Running the preliminary and final month end loan statements
Tie out cash pool statements and post to SharePoint site
Releasing internal and external payments utilizing Kyriba
Balancing intercompany Otis accounts and working with worldwide entity counterparts when variances are noted
Preparation of annual government survey
Assist in10Q / 10K footnote preparation
Support the Financial Reporting department’s initiative of continuous process improvement including identification of opportunities and implementation of solutions
Special projects as requested.