Sr. Mgr Technical Accounting

RTX•Tewksbury, MA

1d•Hybrid

About The Position

The Raytheon Strategic Business Unit (SBU) Controllership team has an opening for a Technical Accounting Professional supporting the LADS Strategic Business Unit. The role includes assessment activities supporting revenue and bookings reported by the business. Responsibilities include review of new contracts in accordance with U.S. GAAP and company policies for revenue recognition timing and method, review of quarterly Estimate at Completion (EAC) packages, and application of finance policies and procedures to business activities. Additional responsibilities include support of special projects, offset accounting assessments, audit activities, and training activities.

Requirements

Typically, Bachelor’s degree in Finance, Accounting, Economics, Business or a related field and 10 years’ of experience in finance/accounting; or an advance degree and 7 years’ in finance/accounting experience.
Certified Public Accountant (CPA) or equivalent certification
Experience in accounting, audit, or program finance in industry or public accounting environments
U.S. Citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.

Nice To Haves

Experience with IT systems including data warehouses and ERP software
Experience with financial reporting software
Interaction with stakeholders in team and matrix organization environments
Preparation of written documentation and communication of accounting information in verbal and written formats
Application of financial accounting concepts in accounting or finance activities
Execution of assigned work activities in a matrix organization environment
Experience reviewing contracts or agreements for accounting treatment
Experience researching transactions under U.S. GAAP or company policies
Experience preparing or reviewing Estimates at Completion (EACs)

Responsibilities

Technical Accounting point of contact for the Raytheon LADS Strategic Business Unit
Assessment of new awards for revenue recognition, timing of booking, and identification of performance obligations in accordance with company policy and U.S. GAAP
Review of quarterly Estimate at Completion (EAC) packages for long-term contracts
Application of U.S. GAAP and company policies to finance activities
Documentation of accounting judgments and assessments in formal whitepapers
Documentation of Offset Project Accounting memoranda
Participation in technical accounting projects including policy harmonization, data analysis, system testing, and process improvement activities
Support of external and internal audit activities, including ad-hoc requests, quarterly reviews, and annual audit procedures
Support of internal controls activities and execution of assigned controls in coordination with the SBU Assistant Controller