Senior Associate, Tax Reporting & Analysis

Company: Raytheon Technologies Corp
Location: Farmington
Posted on: June 12, 2021

Job Description:

Job ID 01447920 Most Recent Date Posted 05/19/2021 City Farmington State Connecticut Country United States

Date Posted:

2021-05-10-07:00

Country:

United States of America

Location:

UT7: CA-CT - Corp 1 Carrier Place, Farmington, CT, 06034 USA

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.

In this role you will be responsible for Accounting for Income Taxes, ASC 740, for Corporate and HQ consolidation. Working in this position, you will liaison with tax professionals across the four businesses and the Corporate Finance team.

Major Responsibilities

• Prepare consolidated and assist with review of business unit quarterly and year-end income tax expense and balance sheet tax accounts, both forecasts and actuals
• Assist with preparation of tax related financial statement disclosures
• Prepare quarterly and Year-End ETR memorandums in support of the financial statement disclosures
• Calculate interest accruals on tax reserves
• Prepare quarterly holding company and corporate entities income tax provision
• Assist with quarterly tax account analysis
• Assist with quarterly computation and analysis of consolidated forecasted and annualized tax expense
• Assist with special projects including the preparation of management presentations, historical tax rate analysis, and review of tax rate and law changes
• Assist with annual corporate income tax filings, including preparation of intercompany tax billings
• Liaise with the Business Unit Tax Reporting function as needed
• Liaise with Corporate Consolidations and Holding Company functions, as needed
• Support the Corporate Tax planning function, as needed
• Support continuous process improvement including tax provision software, Longview

Position Requirements

Education & Experience

• Undergraduate in accounting, finance, business administration or related field. CPA or advanced degree preferred.
• Three years of applicable accounting , tax, finance or business experience in a large, multi-national, corporate tax or accounting firm environment

Technical Skills & Enabling Competencies

• Working knowledge of tax accounting theory, including ASC 740, FAS 5, etc. including financial statement presentation & related disclosures
• General knowledge of tax reporting and compliance functions
• Ability to identify opportunities to combine tax and accounting knowledge to improve business results
• Strong interpersonal and communication skills, including ability to collaborate and coordinate effectively with others throughout tax and finance organizations, at HQ and business units
• Self-motivated, able to work independently and under pressure

US Citizenship:

• 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 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.

Keywords: Raytheon Technologies Corp, New England , Senior Associate, Tax Reporting & Analysis, Other , Farmington, Northeast