Analyst Orders To Cash (Remote)
Raytheon Technologies has a great opportunity for a college graduate to fulfill an Analyst – Accounts Receivable 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 Order to Cash (OTC) group.
The ES Finance OTC department seeks to maximize cash performance from point of contract award through final invoicing for Raytheon Technologies RMD and RI&S businesses. The Analyst role will utilize SAP software and be required to adhere to government accounting standards to recognize and record awarded contracts. This involves setting up contracts in SAP, invoicing customers, analyzing financial data, collecting outstanding receivables and posting cash to the general ledger.
Contract Set Up:
- Receive contractual and supporting documentation from customer to load contract into financial system.
- 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.
Accounts Receivable:
- 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.
The Analyst – Accounts Receivable role within OTC is an excellent way to learn about Raytheon Technologies financial systems and practices.
US Citizenship Required: This position requires access to systems/tools that are restricted to individuals who possess US citizenship.
Required Skills:
- Strong organization and analytical skills, ability to work well in teams, and have strong 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:
- 3.0 GPA and above.
- 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 by hire date or have graduated within 18 months prior to start date. Please upload a copy of your most recent transcripts with your resume when applying to this requisition.
The position is currently remote, however the candidate should be located in the following regions:
- North Texas
- Tucson, AZ
- Massachusetts