Full-Time

Manager – Indirect Cost Control

Otis

Otis

Manufactures and services elevators and escalators

Compensation Overview

$125k - $135k/yr

Florida, USA + 1 more

More locations: Waterbury, CT, USA

Remote

Candidates can be based in Connecticut or Florida.

Category
💰Finance & Banking (1)
Required Skills
Data Analysis
Requirements
  • Advanced skills and well-developed knowledge in the job area and functional oversight.
  • Understanding of the cultural and regulatory landscape relevant to the geographic areas of operation.
  • Strong analytical skills.
  • Effective communication capabilities.
  • Ability to navigate complex problem-solving scenarios.
Responsibilities
  • Partner with HR and Finance teams to create and implement strategies and processes for people investment and cost structure, facilitating financial reporting across the organization.
  • Prepare and analyze headcount and people cost data, delivering comprehensive reporting packages from the Operating Territory to the Global level for executive leadership.
  • Establish and manage a monthly reconciliation process with Regional HR Business Partners and CFOs.

Otis Worldwide Corporation manufactures, installs, and services elevators, escalators, and moving walkways. The company operates in two main segments: New Equipment and Service. In the New Equipment segment, Otis designs and sells a variety of passenger and freight elevators, escalators, and moving walkways for both residential and commercial buildings, as well as infrastructure projects. The Service segment focuses on maintenance, repair, and modernization of existing elevators and escalators. Otis serves a diverse global clientele, including building owners, developers, and government agencies, and its business model combines the sale of new equipment with ongoing service contracts, providing a stable revenue stream that is less affected by market fluctuations.

Company Size

N/A

Company Stage

IPO

Headquarters

Farmington, Minnesota

Founded

1853

Simplify Jobs

Simplify's Take

What believers are saying

  • Smart elevator technology adoption enhances Otis's service offerings and market position.
  • Urbanization in emerging markets drives demand for Otis's vertical transportation solutions.
  • Investments in smart cities boost Otis's new equipment segment growth potential.

What critics are saying

  • Italian competition authority investigates Otis for alleged unfair commercial practices.
  • Otis's growth heavily depends on the Chinese market, posing regional risk.
  • $2 billion share repurchase may impact Otis's financial flexibility.

What makes Otis unique

  • Otis offers the industry's largest service portfolio, maintaining 2.4 million units worldwide.
  • The company integrates IoT for connected and efficient elevator solutions.
  • Otis focuses on energy-efficient products to meet increasing green building certification demands.

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Benefits

Professional Development Budget

Mental Health Support

Company News

PR Newswire
Apr 23rd, 2025
Otis Reports First Quarter 2025 Results

Otis delivers mid-single digit organic Service sales growth and strong Service operating profit margin expansion Service net sales up 1% with organic sales up 4%. GAAP operating profit margin down 350 bps, adjusted operating profit margin up 40 bps. GAAP EPS down 29% and adjusted EPS up 5%

MarketBeat
Mar 11th, 2025
Callan Family Office LLC Makes New Investment in Otis Worldwide Co. (NYSE:OTIS)

Callan Family Office LLC makes new investment in Otis Worldwide Co. (NYSE:OTIS).

Investing.com
Mar 10th, 2025
Otis stock soars to all-time high of $106.35 amid robust growth

Additionally, Otis Worldwide introduced new elevator and escalator products in key markets and continues to focus on growth in the Chinese market.

PR Newswire
Jan 30th, 2025
Otis Declares Quarterly Dividend Of $0.39 Per Share

FARMINGTON, Conn., Jan. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock. The dividend will be payable on March 7, 2025, to shareholders of record at the close of business on February 14, 2025.About OtisOtis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, and Facebook @OtisElevatorCo.Cautionary StatementThis release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws

PR Newswire
Jan 29th, 2025
Otis Reports Fourth Quarter And Full Year 2024 Results

Otis delivers solid fourth quarter and full year results; announces 2025 outlook with sustained earnings growth driven by continued Service momentum. Fourth quarter 2024 Net sales up 1.5% and organic sales up 1.9%, driven by Service sales up 7.6% and Service organic sales up 7.8%. GAAP EPS up 6.3% and adjusted EPS up 6.9% with continued margin expansion