Raytheon Technologies Disbursements & Treasury Manager in Farmington, Connecticut
United States of America
UT2: 9 Farm Springs 9 Farm Springs, Farmington, CT, 06034 USA
Raytheon Technologies Corporation is a Fortune 50 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 Systems, 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 Waltham, Massachusetts.
The Enterprise Services Organization includes Global Financial Services (“GFS”). GFS is a Shared Service, where the Accounts Payable (“A/P”) function is split into two segregated roles in order to increase controls. Simply put, A/P books the invoices and Disbursements pays them.
But before you think this is “just” part of the Accounts Payable function, there’s so much more.
This isn’t just another AP job! It’s a great combination of A/P, Treasury and Accounting.
What does the role offer?
The Disbursements and Treasury Manager is a key contributor and leader within the team that oversees the payment of hundreds of thousands of transactions issued from 25+ legal entities, totaling billions of dollars. The support of this large, complex organization will provide you with a tremendous amount of challenge and variety.
In addition to the general daily responsibilities, this role provides you an excellent opportunity to lead and participate in automation, integration and process improvement projects. These projects are where you can exercise your critical thinking and judgement skills, while providing tangible cost savings to the businesses we support.
The person who fills this role will work closely with leadership and be groomed for success as the subject matter expert / ‘go to’ Disbursements partner to the businesses. You will solve problems, overcome roadblocks, and make things happen.
This is a corporate/shared services role, supporting the varied businesses in the Raytheon portfolio. This means you’ll build relationships with the financial leadership of all of the businesses we support.
We encourage career development. A company of this size and diversification means you can spend your entire career here, moving to different roles in different businesses, learning something new every with every role.
Your career is your personal balance sheet. Take this opportunity to strengthen it.
In this role you’ll lead the daily disbursement and banking activities for the North American Global Financial Shared Services organization, ensuring that timely and accurate third-party payments are made
Act as an authorized signer for domestic and foreign bank accounts, adhering to Raytheon controls and policies
Provide extraordinary customer service, educating customers, solving problems and overcoming roadblocks, while ensuring that appropriate controls are maintained
Liaison with Banks, Raytheon Treasury, Digital Technology, Auditors and other internal functions on daily cash activity, troubleshooting, governance, process improvements, and projects
Generate, analyze, interpret and make actionable recommendations based on metric data
Identify process and control opportunities and support strategic initiatives, including integrations and divestitures
Act as a Disbursements representative in project teams, occasionally leading projects
This is a unique role. We’re looking for a unique person to fill it.
The ideal candidate has 7+ years of general experience in the areas of Finance, Accounting, and Treasury with knowledge of domestic and international payments.
If you have a Treasury background, you’ll understand the need to forecast and manage cash, and be at ease interacting with banks
If you have an Accounting background, you’ll
participate in discussions regarding the procure to pay process, including the accounting impact of payments, and
leverage your controls knowledge to ensure best practices while acting to detect and prevent fraud attempts against Raytheon.
If you have an Accounts Payable background, you’ll understand the upstream controls and process surrounding A/P
If you have a background in all three, please apply asap. If you only have one or two, but have proven that you are a quick learner, we still want to hear from you.
Desired Qualifications (‘Soft skills’)
We are looking for an individual that
Has knowledge of USGAAP, experience with SAP and Microsoft Office.
Has a sense of urgency, while understanding that controls come first
Is responsive to customers, explaining complex issues clearly
Has a great personality, being able to speak with anyone at any level in the organization
Takes ownership of assigned tasks, staying organized and productive
Questions the status quo and then drives improvements to it
Communicates well in writing and during meetings
Bachelor’s degree with a focus on Accounting or Finance field required
Master’s Degree preferred
- Farmington, CT with opportunity to work remotely
- This position may require access to systems/tools that are restricted to individuals who possess US citizenship
Equal Opportunity Statement:
- 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.
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.
Click on this link (http://www.rtx.com/privacy/Job-Applicant-Privacy-Notice) to read the Policy and Terms
Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.