Technical Accounting Senior Manager - P5 - (On-Site)

Date Posted:

2024-08-15

Country:

United States of America

Location:

TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 USA

Position Role Type:

Onsite

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.

The Raytheon Strategic Business Unit (“SBU”) Controllership team has an immediate opening for the role of Technical Accounting Senior Manager to serve as the primary point of contact for a Strategic Business Unit. The role is key to ensuring timely and accurate assessments are performed to support the revenue and bookings reported by the business. 

The core responsibilities of the Technical Accounting team are the review of new contracts under US GAAP and Company policies for revenue recognition timing and method, review of quarterly Estimate At Complete (“EAC”) packages, and providing guidance to the broader organization on finance policies and procedures. 

The role will also assist in special projects, preparation or review of quarterly financial reporting deliverables, audit support, and training.   

The candidate will have the opportunity to develop their skillset while interacting and gaining exposure with professionals across the Company.   

What You Will Do

• Serve as the primary Technical Accounting point of contact for a Raytheon Strategic Business Unit.

• Assess and conclude on the treatment of new awards for revenue recognition, timing of booking, and number of performance obligations under Company policy and US GAAP.

• Perform reviews of quarterly EAC packages for long-term contracts.

• Provide guidance on US GAAP and Company policies to the broader finance organization.

• Document researched key accounting judgments and assessments in formal whitepapers.

• Assist as needed in the preparation and review of quarterly reporting deliverables.

• Assist in Technical Accounting special projects such as segment-level policy harmonization, data analysis to support Corporate or management requests, system testing, and process improvement projects.

• Serve as a point of contact for the external and internal audit teams through their ad-hoc, quarterly review, or annual audit procedures. 

• Support the internal controls team as required and execute key controls as deemed necessary by the SBU Assistant Controller.

Qualifications You Must Have

• Typically requires a Bachelor’s Degree in Finance, Accounting, Economics, Mathematics or related topic

• Typically requires 10+ years finance work experience; OR an Advanced degree and 7+ years prior relevant experience

• Industry or public accounting firm experience in accounting, audit, or program finance

• Experience with computer skills, particularly in the use of MS Office (Excel, Word and PowerPoint)

• U.S. Citizenship Status is Required as this position will require the ability to Access US Only Data Systems

Qualifications We Prefer

• Strong analytical skills

• Strong written and verbal communication skills

• Experience reviewing contracts or agreements for accounting treatment

• Experience researching transactions under US GAAP or company policies

• Certified Public Accountant (CPA) or equivalent

• Working knowledge of IT systems such as data warehouses and ERP software

• Proficiency in financial and reporting software

• Strong interpersonal and teamwork skills

• Strong understanding of financial accounting concepts

• Ability to work in a matrix environment with a great deal of autonomy

What We Offer

• Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

Learn More & Apply Now!

• RTX solves some of the toughest challenges in aerospace and defense. That requires expansive thinking and bold innovation – and that, in turn, requires a culture that is diverse, equitable and inclusive.

• We embrace individuality and diversity of thought to fuel opportunity for our employees, our customers, and our communities. We work toward progr