Financial Analyst, Order to Cash (Remote)

Full Time
Katy, TX 77449
Posted
Job description

Date Posted:

2023-02-15-08:00

Country:

United States of America

Location:

RTX99: RTN Remote, Texas

Position Role Type:

Remote

Raytheon Technologies Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises four industry-leading businesses – Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. Its 195,000 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, Raytheon Technologies 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 Corporate or Research Center Team:

Raytheon Technologies has a great remote opportunity for an entry level candidate to fulfill a role within the Enterprise Services (ES) Finance organization. ES spans multiple financial areas and candidates will have an opportunity to be considered for various roles within our Orders to Cash (OTC) group.

The OTC department seeks to maximize cash performance from point of contract award through final invoicing for Raytheon Technologies’ main business units. As a government contractor, you will be utilizing SAP software and adhering to government accounting standards to recognize, and record awarded contracts. Candidates are being considered for remote roles within the following functions:

Contract Setup:

  • Analyze and interpret contracts and modifications for input into SAP.
  • Prepare contract structure to ensure both bookings and billings can be processed.
  • Interpret and populate pertinent data to allow for shipments to the warfighter and other customers.
  • Maintain regular contact with multiple internal partners and external agencies to solve contract discrepancies.
  • Verify contracts are loaded accurately and efficiently, as well as complying with FAR regulations.

Customer Invoicing:

  • Analyze and interpret contracts and modifications for invoicing implications.
  • Maintain regular contact with multiple internal partners and external agencies to answer invoice and cost inquires.
  • Analyze and reconcile costs to ensure that they are allowable within the scope and terms of the contract
  • Identify and understand applications for FAR and CAS regulations as it relates to invoicing costs and shipments.
  • Ensure invoicing is correct for final submission to customers utilizing accounting software.

Cash Management:

  • Reconciling payment receipts against outstanding invoices for cash application
  • Maintain regular contact with Financial Planning &Analysis for cash forecasting and updates.
  • Follow-up with external customer payment offices for status and payment resolutions.

Required Skills:

  • Excellent organization and analytical skills, ability to work well in teams, and have outstanding communication skills.
  • Working knowledge of Microsoft Excel including formulas and functions.
  • Ability to produce and modify Microsoft Power Point presentations.
  • Experience meeting deadlines and working in a schedule driven environment.

Desired Skills:

  • Experience in a financial setting working with numbers, data sets, or computations.
  • Relevant internship or co-op experience.
  • Intermediate knowledge of Microsoft Excel, including pivot tables and look up functions, is desired but not required.

Required Education:

Bachelor’s degree in Finance, Accounting, Business Administration, or similar discipline. 3.0 GPA and above. Please submit a copy of your transcripts with your application.

Work Authorization:

This position may require access to systems/tools that are restricted to individuals who possess US citizenship.

The salary range for this role is 52,000 USD - 98,000 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, education/training, and key skills.

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.

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