Raytheon Technologies Sr. Manager of Tax Planning - RMD/RIS in Farmington, Connecticut
United States of America
UT56: 8 Farm Springs 8 Farm Springs, Farmington, CT, 06034 USA
Sr. Manager of Tax Planning – RMD/RIS
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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 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.
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, and investors.
Responsible for supporting tax planning matters relating to Raytheon Missiles & Defense and Raytheon Intelligence & Space, two business units of Raytheon Technologies Corporation. Proactively participate in the evolution of the Raytheon Tax Department to create a fulfilling, respectful, and results oriented work environment. Assist in the development of and ensure alignment with strategic business and tax objectives to ensure global tax compliance and tax efficiencies. Communication, collaboration, and coordination with other members of the tax group, as well as other headquarter and business unit functions as appropriate and necessary.
Identify, prioritize, develop and implement strategies supporting the Raytheon effective tax rate and cash mobilization objectives.
Provide counsel to the businesses on domestic and international tax issues in connection with businesses expansions, restructurings, acquisitions, dispositions, etc.
Advise businesses on tax issues related to customer and supplier transactions including review and negotiation of material contracts.
Identify and manage foreign or domestic tax risks associated with cross border activities, including foreign to foreign transactions.
Support and drive ongoing discipline and improvements associated with project management.
Collaborate closely with corporate and business unit functions, and outside advisors.
Establish and maintain positive and effective relationships with key stakeholders throughout the businesses.
This position typically requires an Undergraduate degree in Finance, Accounting Business Administration or related field and 10 years of applicable experience to include general and international Tax experience or a Masters’ or JD degree and 8 years of experience gained in a large, multi-national, corporate tax or accounting firm environment.
REQUIRED TECHNICAL COMPETENCIES
Strong knowledge of US domestic and international tax concepts, including mergers, acquisitions, dispositions, transfer pricing, inbound and outbound transfers, subpart F, GILTI, FDII, BEAT and foreign tax credits
In-depth knowledge of general tax principles which may impact a multi-national manufacturing company
General understanding of ASC 740 tax accounting skills
Research and writing skills including experience drafting tax positions and agreements
Quantitative analysis skills including ability to review and analyze financial models
Ability to identify and evaluate local foreign tax issues such as permanent establishment issues, indirect taxes and withholding taxes and work with local advisors and the businesses to implement efficient structures
Good interpersonal skills, including ability and desire to communicate, collaborate, and coordinate with others throughout Tax and Finance organizations, at Raytheon’s HQ and Business Units
Self motivated, able to work independently and under pressure
Ability to prioritize and manage multiple projects
Ability to motivate others to work towards established deadlines
Strong work ethic
Strong written and verbal communication skills
Strong business analysis skills
Good business sense and creative problem-solving skills
This position may require access to systems/tools that are restricted to individuals who possess US citizenship
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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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.