Specialist, Accounting Operations

Raytheon Technologies Corporate - Farmington, CT (30+ days ago)

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Businesses Raytheon Technologies Corporate
Job ID 01461719
Most Recent Date Posted 07/14/2021
City Farmington
State Connecticut
Country United States

Date Posted:
2021-07-09-07:00

Country:
United States of America

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

Job Description

Raytheon Technologies Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises four industry-leading businesses – Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. Its 195,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.

This position is part of Enterprise Services Controllership & Compliance. Enterprise Services combines the digital technology and multifunctional shared services and capabilities to deliver value-driven experiences and services at scale. Enterprise Services partners with its businesses and functions to create value by providing comprehensive set of business services that ultimately drive new levels of growth and profitability for the company.

Accounting Operations provides Intercompany and Fixed Asset Accounting Services for Pratt & Whitney and Collins Aerospace. This process focused organization delivers end to end processes and drives value through scalability and risk assessment. To be successful, candidates must thrive on collaboration, natural curiosity, and problem solving. This rapidly growing department provides opportunity for individuals to demonstrate and develop strong analytical skills, network across the Raytheon Technologies business units, and create and measure output value.

Summary of Role:
Responsible for accounting intercompany trade transactions between Raytheon Technologies entities. Contributes to Consolidated Financial Statements by recording, reporting, and dispute management.

  • Works within the SAP sub-ledger to analyze and match inter-entity transactions on a transactional level. Manages high volumes of data utilizing data analytics to identify sub data sets. Open item manages sub-ledgers.
  • Responsible for a monthly confirmation process for all domestic entities with all trading partners. Identifies disputes and works with counterpart in solving disputes. Has a natural curiosity to find root case of issues and brings forth solutions.
  • Performs month end closing procedures including the preparation and recording of journal entries.
  • Apply U.S. GAAP knowledge to understanding Operational process impact to Financial Statements.
  • Performs monthly account reconciliations and ensures reconciling items are resolved timely and accurately.
  • Performs annual settlement for agreed upon transactions.
Required Experience:
  • Candidate must demonstrate strong accounting and analytical skills.
  • Candidate should possess strong communication skills with the demonstrated ability to interact with all levels of Finance organization and Business Unit staff and management.
  • Additionally, candidate should demonstrate passion for continuous improvements and embrace change.
  • Strong skills with MS Office especially Excel
Required Education and Experience:
  • This position typically requires a Bachelor’s in Accounting, Business or Finance or related field and 5+ years professional experience in accounting or finance utilizing an ERP. In the absence of a Bachelors’ degree in Accounting or Finance a Masters’ Degree in Accounting will be considered.
Location:
  • The home office location of this position may be based in Farmington, Connecticut. The opportunity for position to be located remotely full or Part Time does exist.
US Citizenship:
  • This position may require access to systems/tools that are restricted to individuals who possess US citizenship
Raytheon Technologies 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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Raytheon Technologies 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.