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What Raytheon | An RTX Business Has to Offer:
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Job Type
Full Time
Job Details
Date Posted:2024-04-23 Country:United States of America Location:RMA99: RTN Remote, Massachusetts Position Role Type:Remote At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world. Job Summary: The Raytheon Strategic Business Unit (“SBU”) Controllership team has an immediate opening for the role of Technical Accounting Professional to serve as the primary point of contact for a Strategic Business Unit. The role is key to ensuring timely and accurate assessments are performed to support the revenue and bookings reported by the business. The core responsibilities of the Technical Accounting team are the review of new contracts under US GAAP and Company policies for revenue recognition timing and method, review of quarterly Estimate At Complete (“EAC”) packages, and providing guidance to the broader organization on finance policies and procedures. The role will also assist in special projects, preparation or review of quarterly financial reporting deliverables, audit support, and training. The candidate will have the opportunity to develop their skillset while interacting and gaining exposure with professionals across the Company. Responsibilities to Anticipate:
- Serve as the primary Technical Accounting point of contact for a Raytheon Strategic Business Unit.
- Assess and conclude on the treatment of new awards for revenue recognition, timing of booking, and number of performance obligations under Company policy and US GAAP.
- Perform reviews of quarterly EAC packages for long-term contracts.
- Provide guidance on US GAAP and Company policies to the broader finance organization.
- Document researched key accounting judgments and assessments in formal whitepapers.
- Assist as needed in the preparation and review of quarterly reporting deliverables.
- Assist in Technical Accounting special projects such as segment-level policy harmonization, data analysis to support Corporate or management requests, system testing, and process improvement projects.
- Serve as a point of contact for the external and internal audit teams through their ad-hoc, quarterly review, or annual audit procedures.
- Support the internal controls team as required and execute key controls as deemed necessary by the SBU Assistant Controller.
- Typically requires a Bachelor's Degree in Finance, Accounting, Mathematics, Economics or related field
- Typically requires 8 years Finance/Business experience; OR a Master’s degree with 5 years experience
- Industry or public accounting firm experience in accounting, audit, or program finance
- U.S. Citizenship Status is Required as this position will require the ability to Access US Only Data Systems
- Experience reviewing contracts or agreements for accounting treatment
- Experience researching transactions under US GAAP or company policies
- Certified Public Accountant (CPA) or equivalent
- Working knowledge of IT systems such as data warehouses and ERP software
- Proficiency in financial and reporting software
- Strong interpersonal and teamwork skills
- Strong understanding of financial accounting concepts
- Ability to work in a matrix environment with a great deal of autonomy
- Strong analytical, written, and verbal communication skills
About the Company
Raytheon | An RTX Business
Arlington, VA, United States
At Raytheon, and RTX business, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies... Read more