Date Posted:
2024-10-24
Country:
United States of America
Location:
UT56: 8 Farm Springs 8 Farm Springs, Farmington, CT, 06034 USA
Position Role Type:
Hybrid
RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses - Collins Aerospace Systems, Pratt & Whitney, and Raytheon. Its 185,000 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 Arlington, VA.
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To realize our full potential, RTX 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 RTX Corporate, Enterprise Services, Research Center or BBN team:
RTX Enterprise Services is looking for a highly motivated finance professional to lead the Business Services Order to Cash Commercial Collections Team. The candidate will partner with internal stakeholders such as Businesses, Contracts, Accounting, Finance and Digital Technology along with external stakeholders. Key responsibilities include leading a large team of experienced collections professionals, ensuring timely collection of outstanding receivables, and leading the development of credit and collection policies, procedures and controls in order to achieve continuous improvements to the company receivable processes.
The successful candidate must be able to work independently, be self-motivated, and comfortable with new challenges. Good communication and collaboration skills are a must, along with the ability to effectively interact with multiple layers of leadership and to make recommendations for appropriate solutions.
To realize our full potential, RTX 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.
We encourage candidates from across the enterprise to apply for this role!
What You Will Do
- Leader responsible for the performance of the existing geographically distributed commercial collections team, including development, training and career growth
- Partner and collaborate with key leaders in the Businesses to develop and implement collection strategies to minimize overdue accounts and optimize cash flow
- Implement new strategies and processes for the team to improve the current and newly established strategies and processes, including partnering with the international Order to Cash teams
- Monitor and analyze accounts receivable aging reports to identify trends and develop action plans for collections
- Ability to influence others, both within Order to Cash and within the Businesses to harmonize practices and policies
- Monitor the health of the organization through creation and monitoring of reports, analytics and key performance indicators
- Support audit and control discussions as a subject matter expert, and answer audit requests accurately and on time
Qualifications You Must Have
- Bachelor's degree in business, finance, or accounting or a directly related degree
- Typically requires 10 years of directly related professional experience; OR an advanced degree and 7 years of directly related professional experience
- At least 5 years' experience leading and developing teams
- At least 5 years' experience and knowledge of SAP and Tableau/BW
- U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements
Qualifications We Prefer
- CPA and or MBA
- At least 5 years of experience and knowledge of commercial billing, collections and cash applications
- Financial, contractual language, and system knowledge
- Strategic forward thinking
- Customer focused problem solver
- Analytical thinker able to guide and influence peers and leaders
- Strong interpersonal and inclusive communication skills
- CORE certifications
What We Offer
Whether you're just starting out on your career journey or are an experienced professional, we offer a robust total rewards package with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs. Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.
Learn More & Apply Now!
Work Location:
- Hybrid Must be willing to work from one of the following major Enterprise Services hubs: Farmington CT, or Tucson AZ, Des Moines IA, or Richardson Tx
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.
#reempowerprogram
This role is also eligible for the Re-Empower Program. The Re-Empower Program helps support talented and committed professionals as they rebuild their capabilities, enhance leadership skills, and continue their professional journey. Over the course of the 14-week program, experienced professionals will gain paid, on-the-job experience, have an opportunity to participate in sessions with leadership, develop personalized plans for success and receive coaching to guide their return-to-work experience. Upon completion of the program, based on performance and contributions participants will be eligible for a career at RTX.
Minimum Program Qualifications:
To qualify for the Raytheon Technologies, Re-Empower Program, candidates should:
∗ Be on a career break of one or more year at time of application
∗ Have prior experience in functional area of interest
∗ Have interest in returning in either a full-time or part-time position
#LI-RC1
The salary range for this role is 118,000 USD - 246,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate's work experience, location, education/training, and key skills.
Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.
Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company's performance.
This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.
RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.
RTX 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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