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Payroll/Labor Accounting Specialist Hybrid Remote

Company: Raytheon Technologies
Location: Richardson
Posted on: May 26, 2023

Job Description:

Date Posted:
United States of America
TX236: Galatyn Parkway Building D 1011 Galatyn Parkway Building D, Richardson, TX, 75082 USA
Position Role Type:
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 Rosslyn, VA
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, investors and communities to succeed.
The following position is to join our Corporate or Research Center Team:
The Raytheon Enterprise Services Controller Organization has an exciting opportunity for a detail oriented and enterprising professional to join the Labor/Payroll Accounting Team in its mission to ensure that Raytheon Technologies' financial reporting is timely, accurate and reliable.
The ES Controller organization has the overall responsibility for protecting the assets controlled by the Enterprise Services group, and for ensuring the accuracy of the reported financial results and transactions, and compliance with Sarbanes-Oxley section 404.
This is a highly visible position that will be responsible for labor/payroll accounting support for the entire RTX enterprise both domestic and international. The chosen candidate will have the opportunity to work with all Businesses, multiple functions, and multiple levels of management. Responsibilities will include all aspects of Payroll accounting including journal entry preparation, account reconciliations, financial reporting, audit support, analysis, etc. This role requires the ability to work with detailed data, complex problem-solving skills, and effective time and resource management skills. This is a critical and challenging role with excellent opportunity for growth.
Responsibilities may include but are not limited to:

  • Analyze Time and Attendance Data to help resolve Labor/Payroll variances related to rates and hours differences

  • Expat Payroll Support - Emolument Research and clearing

  • Payroll Payable reconciliation and clearing

  • Supporting the reconciliation activities and close processes of the ES Labor/Payroll Accounting Team

  • General Ledger accounting entries

  • Balance Sheet Reconciliations

  • Data analysis and related corrective action associated with the accounting activities above

  • PwC, DCAA, and Internal Audit Support, as needed

  • Additional tasks include preparing financial reporting schedules, and ad hoc projects providing exposure to Payroll, Corporate Treasury, Corporate Accounting, Business Accounting, Human Resources, SAP Competency Center, Conduent, etc.

  • Exposure to and possible involvement in supporting multiple areas of ES Finance including Accounts Payable, Travel & Expense, Payroll, Timekeeping, Sales, Use, & Property Tax, Global Disbursements, Contracts to Cash, etc.

  • Possibilities of role expansion and rotational opportunities in all accounting areas of the broader ES General Accounting team

    Required Skills & Knowledge:

    • Dynamic problem-solving skills with strong analytical, decision-making, and interpersonal skills with the desire and ability to craft solutions to everyday challenges

    • Ability to take ownership of assigned projects/initiatives, contribute to results, and be committed to meeting tight deadlines

    • Excellent oral and written communication skills, including ability to communicate effectively with all levels of management

    • Ability to contribute to building a positive team spirit by working to inspire and support teammates

    • Ability to flexibly work and learn in a fast-paced, changing, team environment

    • Confidence with the ability to make sound decisions and the capacity to sift through complex information to focus on the critical priorities

    • Proficiency in Microsoft Office Applications

      Desired Skills:

      • Prior experience or knowledge of SAP or other major ERP system

      • Previous Raytheon Finance, International Payroll or Timekeeping experience is a plus.

        Required Education & Experience:

        • This position typically requires a bachelor's degree in Accounting, Finance, Business Administration or related field and 2 or more years of applicable experience.

          US Citizenship Required:

          • This position requires access to systems/tools that are restricted to individuals who possess US Citizenship

            Location: Hybrid Richardson Tx OR Remote
            Please consider the following role type definitions as you apply for this role.
            Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.
            Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.
            Remote: Employees who are working in Remote roles will work primarily offsite (from home). An employee may be expected to travel to the site location as needed.
            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.
            Privacy Policy and Terms:
            Click on this link ( to read the Policy and Terms
            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, Richardson , Payroll/Labor Accounting Specialist Hybrid Remote, Human Resources , Richardson, Texas

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