Benefits Financial Analyst, Entry Level (Hybrid, CT)

Raytheon Technologies • Farmington, CT

115d • $55,000 - $107,000 • Hybrid

About The Position

The Financial Analyst, Benefits Finance plays a critical role in the Benefits Finance department within Corporate Controllership, which is based out of Farmington, CT, working as a hybrid in-person/remote team. The Benefits Finance department oversees the financial accounting, reporting, funding, and forecasting aspects of the Company's benefits offerings, including active and post-retirement medical, dental, life insurance, disability, and pension benefit programs.

Requirements

• A Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• 1+ years of experience using Microsoft Excel including formulas and functions.

Nice To Haves

• Robust organizational skills and excellent attention to detail.
• Ability to prioritize tasks with varying schedules to meet deadlines.
• Ability to work effectively in a team environment.
• Ability to help identify and execute process improvements.
• An interest in critical thinking and complex problem solving.
• An interest in learning and becoming a subject matter expert.

Responsibilities

• Working with a variety of third-party vendors and internal contacts to process the payment of, and accounting for, benefit claims, expenses, and other financial transactions in accordance with company policies.
• Assisting in the preparation of financial forecasts of Company benefit costs.
• Assisting in the preparation of the Company's and the benefit plans' financial statement disclosures, annual filings, and submissions to the US government.
• Assisting in the execution of the Company's financial control activities, which may include account and banking reconciliations.
• Participating in audit support activities, which may include reviewing vendor SOC1 reports, preparing reconciliations of financial activity with third parties, and providing auditors with information required to test applicable controls and transactions.
• Participating in ad hoc special projects, as needed, including variance analysis and process improvement initiatives.

Benefits

• Parental (including paternal) leave
• Flexible work schedules
• Achievement awards
• Educational assistance
• Child/adult backup care
• Medical, dental, vision, life insurance
• Short-term disability, long-term disability
• 401(k) match
• Flexible spending accounts
• Employee assistance program
• Employee Scholar Program
• Paid time off and holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Transportation Equipment Manufacturing
• Education Level: Bachelor's degree