Principal Specialist, Intercompany Accounting

RTX•Cedar Rapids, IA

1d•$86,800 - $165,200•Hybrid

About The Position

RTX Enterprise Services is seeking a highly motivated Principal Specialist to join the ESC&C team. The team ensures the accuracy of balance sheet intercompany transactions in support of statutory financial statements and compliance with GAAP. It works across the full contract-to-cash process, advising businesses on new scenarios and following transactions through to the clearing of open items by cash settlement. The role offers exposure to varied business areas and regular interaction with Finance business leaders, Tax, Treasury, and peer intercompany groups. The position supports Pratt business segments in intracompany accounting. The specialist analyzes high-volume data and unreconciled items, identifies root causes, coordinates stakeholders, and leads action plans and process improvements. Responsibilities also include dispute resolution, management presentations, monthly close activities and journal entries, and applying U.S. GAAP knowledge to understand operational impacts on financial statements. The role contributes innovative solutions and participates in special projects.

Requirements

Typically, a bachelor's degree in Accounting, Business, Finance, or a related field and 5 years of relevant experience, or a master's degree and 3 years of relevant experience.
Experience with financial and accounting systems and month-end close procedures.
Experience using Microsoft Excel to organize and analyze data; PowerPoint to create presentations; Word to prepare documents; and Adobe to create, edit, or manage documents.
U.S. citizenship is required because only U.S. citizens are authorized to access information under this program or contract.

Nice To Haves

Experience obtaining or maintaining a Certified Public Accountant (CPA) license.
Experience in Operational Finance, including financial planning, analysis, forecasting, or cost management.
Experience communicating financial or business information verbally and in writing, including briefing management.
Experience preparing, analyzing, and presenting financial or operational reports.
Experience with SAP, JD Edwards, and OneStream financial systems.
Experience organizing work, planning activities, resolving problems, and meeting deadlines in a time-sensitive work environment.
Experience providing professional, service-oriented support when handling sensitive information or challenging business situations.
Experience analyzing data, organizing information, planning activities, and resolving business or financial problems.
Experience preparing ad hoc reports, synthesizing data, and presenting findings in an actionable format.
Experience with process automation to improve workflow efficiency and reduce manual tasks.

Responsibilities

Support Pratt business segments in intracompany accounting.
Manage high volumes of data, use analytics to identify subsets, analyze transactions, and develop action plans for unreconciled issues.
Determine stakeholders, lead action plans through completion, and influence and hold participants accountable for action.
Develop, maintain, and continuously improve the customer service scorecard.
Monitor unreconciled balances, variances, and outstanding items; analyze trends and lead cross-functional process improvements to address discrepancies, minimize aged balances, and improve performance.
Identify root causes of unreconciled issues and guide business-unit participants in improving intercompany operations.
Research intercompany out-of-balances, determine root causes, lead business operations toward solutions, and provide support.
Resolve disputes and facilitate collaboration within and across RTX business units.
Present intercompany findings and solutions to management at multiple levels across RTX business units.
Perform monthly intracompany closing activities, including journal entries.
Apply U.S. GAAP knowledge to understand how operational processes affect financial statements.
Contribute innovative solutions to the development of Enterprise Services and the department’s knowledge base and work.
Participate in special projects, including process-improvement initiatives.