Manager, UTF Accounting

RTXEast Hartford, CT
Hybrid

About The Position

At RTX, the world largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world. Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power systems and has been revolutionizing modern flight for over 100 years. Join us and help shape the future of aerospace and defense. Pratt & Whitney has an exciting opportunity for a Manager, UTF Accounting. This position is a hybrid position based out of our East Hartford, Connecticut campus location. Note - Position is noted as a hybrid position but only currently requires a limited on-site presence.

Requirements

  • Bachelor’s degree in Accounting or Finance and 8+ years of experience in accounting or finance; OR an advanced degree in Accounting or Finance and 5+ years of experience in accounting or finance.
  • Strong proficiency in Microsoft Excel and Microsoft PowerPoint.
  • Strong communication skills – able to communicate to all levels of management confidently and concisely.
  • Excellent analytical, problem-solving, and time management skills.
  • Willing to embrace the new AI tools to create improved processes and enhanced analytics.
  • U.S. Citizenship is required due to access to restricted systems/tools.

Nice To Haves

  • Business Warehouse experience.
  • SAP and OneStream experience.
  • Experience with accounting for Leases.
  • Demonstrated ability to manage multiple priorities simultaneously with strong attention to detail.

Responsibilities

  • Responsible for all accounting related to UTF which is the financing division of P&W. UTF provides financing to customers purchasing aircraft and engines.
  • Responsible for the accounting related to the Lease In activity for the NEO Engines which requires coordination with IAE LLC, Leasing, tax and FP&A.
  • Monthly Journal Entries for lease-in transactions, UTF Cash and some Misc. entries.
  • Preparing the quarterly CECL (Customer Expected Credit Losses) and AR Aging analysis for Commercial.
  • Invoicing preparation.
  • Monthly Account Reconciliation and annual Accounting Controls Reviews.
  • Quarterly balance sheet presentations to management.
  • Quarterly Variance Analysis.
  • Yearly impairment reviews.

Benefits

  • 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
  • holidays
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