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Technical Accounting Senior Manager - Remote

Company: Raytheon Technologies
Location: Phoenix
Posted on: May 27, 2023

Job Description:

Date Posted:
United States of America
RAZ99: RTN Remote, Arizona
Position Role Type:
About Us:
At Raytheon Missiles & Defense, by combining our vast resources and investments, we are able to dedicate ourselves to solving mission-level vs. product-level customer challenges - together we can anticipate more, move faster and make a bigger impact on the big picture.
Job Summary:
The Technical Accounting team in Raytheon Missiles & Defense ("RMD") has an immediate opening for the role of Technical Accounting Senior Manager. The primary responsibility of the role is to manage a team of experienced Mission Area Technical Accountants tasked with providing in-depth reviews and researched guidance to RMD Program Finance and other functions. The role is also tasked with leading and assisting in special projects to support both Corporate and RMD requests. The role is key to ensuring timely and accurate assessments are performed and well documented 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 preparation or review of quarterly financial reporting deliverables, research of accounting topics under US GAAP and Company policies, documentation of accounting whitepapers, audit support, and training.
The candidate will have the opportunity to develop their skillset while interacting and gaining exposure with professionals across the Company.
We value diverse skills and experience, so don't hold back. Your qualification could add tremendous value to our team. Our customers come from all different backgrounds, and so do our employees. If you're passionate about what you could accomplish here, we'd love to hear from you.
Responsibilities to Anticipate:

  • Manage a team of four experienced Technical Accountants that serve as the primary points of contact for three RMD Mission Areas.

  • Assess, conclude, and document 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.

  • Review documentation and conclusions of the team for accuracy and policy compliance prior to communication or finalization.

  • Assist in the preparation and review of quarterly financial reporting deliverables, such as the segment Management Discussion and Analysis (MD&A) deliverable and the business performance review deliverable.

  • 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.

  • Perform special reviews to assess the broader internal control environment.

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

    Qualifications You Must Have:

    • Bachelor's degree in Finance, Accounting, Economics, or Business-related field

    • 10 years finance/accounting experience or 7 years with an advanced degree

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

      Qualifications We Value:

      • Master of Accounting or MBA preferred

      • 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 project management skills and focus on deadlines

      • Strong analytical skills

      • Strong written and verbal communication skills

      • Strong interpersonal and teamwork skills

      • Strong understanding of advanced financial accounting concepts

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

      • Ability to manage a team while also ensuring individual responsibilities are met

        What We Offer:
        Whether you're just starting out on your career journey or are an experienced professional, we offer a robust total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs. Some of the superior benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.
        Employee Referral Award Eligibility: Only employees currently within RMD and RI&S have the potential to receive a Referral Award for submitting a referral to RMD and RI&S roles. ALL eligibility requirements must be met (see guidelines) to receive the Referral Awarding.
        The salary range for this role is 112,000 USD - 236,000 USD; however, Raytheon Technologies considers several factors when extending an offer, including but not limited to, the role and associated responsibilities, a candidate's work experience, location, education/training, and key skills. Hired applicants may be eligible for benefits, including but not limited to, 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, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement. Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company's performance.
        Raytheon Technologies is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
        Privacy Policy and Terms:
        Click on this link ( to read the Policy and Terms
        Raytheon Technologies is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

Keywords: Raytheon Technologies, Phoenix , Technical Accounting Senior Manager - Remote, Executive , Phoenix, Arizona

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