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United Technologies Corporation Director, Holding Company & Treasury Accounting in Farmington, Connecticut

Job ID: 01358464

City: Farmington

State: Connecticut

Country: United States

Category: Finance, Corporate Careers

Job Type: Full Time


Date Posted:



United States of America


UT56: 8 Farm Springs 8 Farm Springs, Farmington, CT, 06034 USA

Director, Holding Company & Treasury Accounting (M7)

Location: Farmington, CT

About United Technologies:

United Technologies Corporation (UTC; NYSC: UTX) is headquartered Farmington, CT and is a Fortune 50 company that provides high technology products and services for the aerospace and commercial building industries. Our aerospace businesses include Pratt & Whitney and Collins Aerospace Systems. Pratt & Whitney is a world leader in the design, manufacture and service of aircraft turbofan engines. Collins Aerospace Systems is one of the world’s largest suppliers of technologically advanced aerospace and defense products.

Ranked among the world’s greenest companies, we do business in virtually every country of the world and have over 240,000 employees globally. Most importantly, UTC develops future business leaders.

UTC has a best-in-class Finance organization. As UTC continues to provide products and services to our global industries, the opportunities for top talent will continue to be unmatched. Our high-performance culture attracts the best people in their fields – people of diverse backgrounds working together to solve complex problems for a better tomorrow.

About This Position:

We have an opportunity for career-minded individual to assume the Director of Holding Company and Treasury Accounting role within the Controller’s organization in Farmington, CT location. Our organization offers a unique opportunity for a highly motivated individual to be part of a growing accounting department and develop global processes to sustain flexibility as the business needs change. Job responsibilities subject to change based upon alignment of processes within the organization.

Primary responsibilities include:

  • Overall responsibility for:

  • Statutory reporting

  • Treasury accounting

  • Holding company accounting

  • Tax Accounting

  • Work with Tax and Treasury to develop and implement strategic Corporate initiatives

  • Assist BU’s with Treasury matters including hedge accounting and other technical accounting consultation

  • Governance around Corporate holding companies

  • Responsible for month-end, quarter-end, and year-end closing functions in order to support periodic financial statement preparation in accordance with GAAP/IFRS/Local GAAP

  • Ensure integrity of financial information which spans over multiple entities (domestic and foreign) in multiple currencies

  • Act as liaison with Tax and Treasury departments

  • Ensure compliance with all reporting requirements relating to the monthly financial reporting cycle and produce monthly financial results

  • Establish and execute a monthly Balance Sheet review process ensuring appropriate support, documentation and compliance with GAAP and established accounting policies

  • Manage the independent accountants audit relating to statutory reporting including global impairment analysis

  • Ensure compliance with applicable Federal, State and local government statutory reporting requirements

  • Coordinate foreign currency requirements with Treasury group to facilitate company hedging activities

Education / Certifications

  • Bachelor’s Degree required - Preferred fields Accounting or Finance

  • CPA preferred but not required

  • Master's Degree in Accounting or MBA a plus

Basic Qualifications

  • 10+ years of corporate holding, treasury and tax accounting experience multinational corporation along with strong understanding of the following subject matter areas and associated processes:

  • Tax accounting

  • Statutory reporting

  • Treasury accounting

  • Holding company accounting

  • You hold a Bachelor's degree

  • You are a US Citizen or US person (green card holder)

Preferred Qualifications

  • Experience in consolidation, foreign exchange and tax accounting and ability to understand strategic goals of each

  • Ability to understand complex domestic and international accounting rules (e.g. GAAP/IFRS, ramifications on systems and process, etc.)

  • Experience leading teams, particularly through tight monthly, quarterly, and annual deadlines

  • Candidate should possess strong leadership skills including the ability to recruit, motivate, evaluate and retain top talent, as well as strong communications skills to manage a decentralized workforce

  • Expert level use of Excel, generating pivot tables, V-lookups and using other advanced functions

  • Expert level understanding of generally accepted accounting principles (GAAP)

  • Advanced user experience working with Microsoft Office applications, SAP and Oracle Hyperion Financial Management (HFM), preferred

  • Quantitative analytical skills including ability to review and analyze financial reports


United Technologies Corporation is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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United Technologies Corporation is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other federally protected class.

Thank you for your interest in a career at United Technologies! We will soon upgrade to an improved job application system to simplify the apply experience. You will still be able to apply to any of our current job openings through December 18, 2018. On January 2, 2019, our new and improved job application system will launch; please check back on that date to see all of our job openings.