Analyst, Accounts Receivable

RTX • Cedar Rapids, IA

4d • Hybrid

About The Position

RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses – Collins Aerospace Systems, Pratt & Whitney, and Raytheon. Its 185,000 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 Arlington, VA. The following position is to join our Enterprise Services team:
Brief Description of Department The Enterprise Services (ES) Order to Cash (OTC) organization is seeking a strong candidate to join our energetic and fast-paced Collections Team. The Analyst will play a crucial role in the cycle of collecting cash for RTX.

Requirements

• This role typically requires a Bachelor’s degree in Business Administration, Accounting, or Finance discipline and at least 1 year of experience ( not including internships) or a Masters degree in a related field.
• At least 6 months experience reviewing various types of purchase orders, contracts, invoices and orders for commercial businesses to determine key components that impact the timely payment of invoices
• Intermediate knowledge of Microsoft Excel, including pivot tables and look up functions

Nice To Haves

• Excellent organizational, communication, and analytical skills and the ability to work well in teams
• Critical thinker with a bias for action
• Flexibility to adapt to new systems and procedures
• Experience meeting deadlines and working in a schedule driven environment
• SAP and Business Warehouse experience
• Previous Customer Service experience is desired but not required, as this role involves frequent communication via phone and email

Responsibilities

• Review various types of purchase orders, contracts, invoices and orders for commercial businesses to determine key components that impact the timely payment of invoices
• Analyze customer account receivables regarding credits, deductions, payment disputes, and/or past due invoices to maintain a clean and current statement of account
• Provide detailed analytics for decision making to business units regarding customer payment behavior
• Strategize and provide solutions for past due customer statement of accounts to maintain current and concise data
• Partner with FP&A, finance, programs, sales teams and internal customers to provide direction and clarity regarding outstanding issues around payments
• Partner with business analytics and reporting team to create and maintain reports and dashboards for internal team support
• Participate in various initiatives within OTC that aid in process improvements, process harmonization, and team building

Benefits

• Whether you’re just starting out on your career journey or are an experienced professional, we offer a robust total rewards package with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs.
• Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.
• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level