Sr Mgr, Accounts Receivable

Date Posted:

2024-10-24

Country:

United States of America

Location:

UT56: 8 Farm Springs 8 Farm Springs, Farmington, CT, 06034 USA

Position Role Type:

Hybrid

RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses – Collins Aerospace Systems, Pratt & Whitney, and Raytheon. Its 185,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, VA.

To realize our full potential, RTX is committed to creating a company where all employees are respected, valued and supported in the pursuit of their goals. We know companies that embrace diversity in all its forms not only deliver stronger business results, but also become a force for good, fueling stronger business performance and greater opportunity for employees, partners, investors and communities to succeed.

The following position is to join our RTX Corporate, Enterprise Services, Research Center or BBN team: 
 

RTX Enterprise Services is looking for a highly motivated finance professional to lead the Business Services Order to Cash Commercial Collections Team.  The candidate will partner with internal stakeholders such as Businesses, Contracts, Accounting, Finance and Digital Technology along with external stakeholders.  Key responsibilities include leading a large team of experienced collections professionals, ensuring timely collection of outstanding receivables, and leading the development of credit and collection policies, procedures and controls in order to achieve continuous improvements to the company receivable processes.

The successful candidate must be able to work independently, be self-motivated, and comfortable with new challenges. Good communication and collaboration skills are a must, along with the ability to effectively interact with multiple layers of leadership and to make recommendations for appropriate solutions.

To realize our full potential, RTX is committed to creating a company where all employees are respected, valued, and supported in the pursuit of their goals. We know companies that embrace diversity in all its forms not only deliver stronger business results, but also become a force for good, fueling stronger business performance and greater opportunity for employees, partners, investors, and communities to succeed.

We encourage candidates from across the enterprise to apply for this role!

What You Will Do

• Leader responsible for the performance of the existing geographically distributed commercial collections team, including development, training and career growth
• Partner and collaborate with key leaders in the Businesses to develop and implement collection strategies to minimize overdue accounts and optimize cash flow
• Implement new strategies and processes for the team to improve the current and newly established strategies and processes, including partnering with the international Order to Cash teams
• Monitor and analyze accounts receivable aging reports to identify trends and develop action plans for collections
• Ability to influence others, both within Order to Cash and within the Businesses to harmonize practices and policies
• Monitor the health of the organization through creation and monitoring of reports, analytics and key performance indicators
• Support audit and control discussions as a subject matter expert, and answer audit requests accurately and on time

Qualifications You Must Have

• Bachelor’s degree in business, finance, or accounting or a directly related degree
• Typically requires 10 years of directly related professional experience; OR an advanced degree and 7 years of directly related professional experience
• At least 5 years’ experience leading and developing teams
• At least 5 years’ experience and knowledge of SAP and Tableau/BW
• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements

Qualifications We Prefer

• CPA and or MBA
• At least 5 years of experience and knowledge of commercial billing, collections and cash applications
• Financial, contractual language, and system knowledge
• Strategic forward thinking
• Customer focused problem solver
• Analytical thinker able to guide and influence peers a