Mgr II Financial Accounting- Remote must have ASC 606 experience!

RTN 2 (Raytheon IDMS)
Tucson, AZ 85701 Work Remotely

The Technical Accounting team at Raytheon Missiles & Defense has an immediate opening for the role of Technical Accounting Manager responsible for the supervision of the team in charge of the revenue cycle for Tucson-based Mission Areas. 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 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 policies and procedures.

The Technical Accounting team supports the Business Controller organization through EAC compliance, contract reviews, quarterly financial reporting, assessing transactions under US GAAP and Company Policy, Internal Controls Excellence (ICE), completing finance projects, leading the adoption of new accounting standards, and providing accounting training to the broader finance organization. The position will allow for opportunities to cross-train and expand responsibilities in these areas.
The candidate will have the opportunity to interact and gain exposure with professionals across the Company due to the high-visibility role this position has in the organization. Qualified candidate may work remotely at management discretion.

Job Duties:
Manage a team of experienced accountants to provide guidance, assist in evaluations, and actively drive their performance development.
Serve as the primary point of contact for a significant Tucson-based Mission Area.
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 assessments in whitepapers and formal work papers as necessary.
Create and present training on accounting or revenue recognition topics to the team and broader organization.
Create and review financial reporting deliverables.
Review draft contracts and attend proposal meetings to provide feedback for accounting implications.
Act as a primary point of contact for external audit to respond to audit inquiries and to manage the overall request list for the annual revenue audit procedures.
Help ensure that financial statements, forecasts, and plans are compliant with accounting standards and Company Policies.
Partner with Raytheon Corporate Finance and other business unit personnel on accounting research, policy development or other inquiries or data requests.
Support with statutory financial reporting compliance as requested.
Support SOX/ICE and government accounting items as required.
Assist with special projects as needed.
Participate in business unit Merger & Acquisition activities (due diligence, evaluation of financial results, etc.) as necessary.
Participate in team-based projects or initiatives to improve the processes, systems, templates, and tools for greater efficiency or accuracy to support the internal financial control environment.

Minimum Required Skills:
Bachelors degree in Finance, Accounting, Economics, or Business related field, 8 years direct finance/accounting experience or a directly related Master degree in Finance, Accounting, Economics, or Business and 6 years of directly related experience
Experience with ASC 606 Revenue from Contracts with Customers
Experience with Microsoft Office tools

Highly Desired Skills:
Public accounting or consulting experience
Masters degree in Accounting, Finance, Economics, or Business Administration
CPA license
Understanding of advanced accounting concepts
Strong analytical skills
Understanding of revenue recognition for long-term contracts under the percentage of completion method
Understanding of Federal Acquisition Standards (FAR) and Cost Accounting Standards (CAS)
Experience with reviewing government contracts
Strong communication skills



Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Mgr II Financial Accounting- Remote must have ASC 606 experience!

RTN 2 (Raytheon IDMS)
Tucson, AZ 85701

Join us to start saving your Favorite Jobs!

Sign In Create Account