Job title: Strategy & Business Development Analyst
Company: ITT Inc. – English US
Job description: 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:ITT Inc. is looking for a Strategy & Business Development Analyst who will support the Strategy and Business Development Executive Director for the development and execution of ITT’s long term strategic vision, both organically and inorganically. This role is responsible for supporting and managing the annual strategic planning process, culminating in a mid-long-term strategy for CCT businesses. Additional responsibilities include market and competitor analysis and supporting the planning and execution of key internal strategic initiatives. This role will also support mergers and acquisitions by conducting market sizing, managing and screening the pipeline of targets, assisting with valuations and businesses cases, and supporting due diligence on active deals. This role will be located in Irvine, CA. Essential Responsibilities:
- Deployment and Execution of Strategic Initiatives: Align processes, resource planning and department goals with overall strategy. Support the strategic goal deployment process to ensure execution and realization of strategic objectives by working closely with business units. Support analysis and execution of key organic strategic initiatives. Be an agent of change by being agile, quickly identifying issues and driving process improvements.
- Strategic Planning Process: Analyze and research industry trends, market conditions, customers, and competitors to identify threats and opportunities. Understand and shape the company’s strategy and mission. Work with ITT’s CCT senior leadership, ITT HQ Strategy and cross functional teams to develop, prioritize and ground strategic initiatives to turn strategic vision into concrete reality. Scope and plan underlying analyses, understand the required data and deliver timely analysis. Analyze data and translate findings into meaningful, actionable insights and recommendations.
- Strategic Plan Communication: Prepare annual strategic plan presentation for ITT Leadership and Board of Directors to support effective decision-making. Internally communicate strategic direction and priorities to all internal stakeholders.
- M&A / Business Development: Manage internal M&A pipeline, including identifying, prioritizing and screening potential targets. Prepare analysis, valuations and presentations for senior leadership to evaluate potential deals. Support due diligence and execution of M&A transactions. Conduct market sizing and industry analysis to support inorganic growth assessments.
- Other duties as assigned by the Business Development Manager and/or Executive Director
Position Requirements:
- BS in Engineering, Business, Finance
- 2+ years of work experience in strategy, business development or consulting
- Experience with Aerospace/Defense Components or Electronics Manufacturing companies is a plus
- Demonstrated market & competitive research and analysis proficiency
- Strategic mindset with experience with financial modeling and strategy assessment (i.e., capital projects, budgeting/forecasting, organic growth projects, DCF analysis).
- Strong analytical and excel modeling skills, able to analyze complex data sources (structured or unstructured) and gain business insights from them
OTHER SKILLS/KNOWLEDGE/EXPERIENCE:
- Demonstrated strategic thinking abilities with strong analytical skill
- Demonstrated ability to apply strategic framework to problem solving with the ability to work cross functionally to resolve issues
- Confidence and ability to lead small workshop, build strong, collaborative relationship and bring divergent points of views to consensus.
- Experience with translating strategy into executable actions to drive impact
- Self-motivated / directed, and can easily function in a high-demand, high-performance culture.
- Demonstrated ability to operate with a strong sense of urgency
- Excellent verbal and written communication skills
- Comfort tackling multiple projects concurrently, supporting multiple stakeholders
- Organizational leadership: a change agent
- Strong data analysis capabilities and excel modeling
- Strong presentation and power point skills
- Travel up to 25%.
Safety is a core value at ITT. Our employees understand and follow all ITT safety policies and procedures, participate in workplace inspections, safety training, and in the development of job safety analyses.This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. ‘Green Card Holder’), Political Asylee, or Refugee.#LI-MC1#CCT1 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: Annual salary range is $83,600.00 to $125,000.00, plus benefits & incentive plans.
Expected salary: $83600 – 125000 per year
Location: Irvine, CA
Job date: Sun, 12 Jan 2025 03:53:52 GMT
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