Assistant Controller

R2S•Arlington, VA
•Remote

About The Position

Raytheon-Rafael Area Protection Systems (R2S), a dynamic and fast-growing joint venture between Raytheon and Rafael, is seeking a results-driven Assistant Controller to support execution of major defense programs—most notably the Iron Dome AUR production, Marine Corp Medium Range Intercept (MRIC) and future Air Defense systems. The Assistant Controller will play an important role in managing the R2S accounting department’s daily operations, with focus on financial statement preparation, account reconciliations, accounts payable, accounts receivable, reporting, internal controls, and audit support. Reporting to the Controller, this position requires a strong working knowledge of Generally Accepted Accounting Principles (GAAP), operational know-how, technical accounting expertise, and strong communication skills. This role is also responsible for the supervision and professional development of 2 direct reports.

Requirements

  • Bachelor’s degree in accounting, finance, or a related field; CPA or CMA preferred.
  • 8+ years of experience in accounting, with at least 2 years in the defense or government contracting industry.
  • Strong knowledge of GAAP, FAR, and CAS.
  • Experience with DCAA compliance and audits.
  • Proficiency in accounting software and ERP systems.
  • Excellent analytical, problem-solving, and communication skills.
  • U.S. citizenship required due to the nature of defense contracts.
  • Eligibility to obtain a security clearance.

Responsibilities

  • Manage the operations of an accounting department, ensuring efficient cadence is carried out in a timely fashion
  • Preparation and reporting of financial statements ensuring accuracy and GAAP compliance
  • Review and maintenance of financial controls such as periodic analytical and approval of balance sheet reconciliations
  • Serve as first escalation point on any technical accounting topics
  • Oversee accounts payable ensuring timely entry of invoices, application of liquidation, preventing aged invoices, and execution of check runs
  • Oversee accounts receivable ensuring timely customer invoices, application of liquidations, and driving timely customer collections
  • Oversight of Construction in Process and fixed asset acquisition / disposals
  • Train / develop accounting team
  • Assist with various audits conducted by internal or external parties, as well as government agencies

Benefits

  • flexible scheduling (9/80 work schedule)
  • generous leave package with holiday shutdown
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