Job Information
RTX Corporation Senior Principal Technical Accountant - P4 - (Remote) in Boston, Massachusetts
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.
Basic Qualifications:
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
Preferred Qualifications:
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
What We Offer:
Whether you’re just starting out on your career journey or are an experienced professional, we offer a robust total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs. Some of the exceptional benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.
Additional Information:
Remote: Employees who are working in Remote roles will work primarily offsite (from home). An employee may be expected to travel to the site location as needed.
The salary range for this role is 96,000 USD - 200,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.
Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.
Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.
This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.
RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.
RTX 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.
Privacy Policy and Terms:
Click on this link (http://www.rtx.com/privacy/Job-Applicant-Privacy-Notice) to read the Policy and Terms
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.