Note: The job is a remote job and is open to candidates in USA. Pratt & Whitney, a leader in aircraft engine design and manufacturing, is seeking a Senior Manager in Technical Accounting and Policy. This role involves evaluating accounting implications of transactions, reviewing contracts, and preparing technical accounting memorandums while collaborating with auditors and cross-functional teams.
Responsibilities
- Evaluate the accounting implications of potential transactions and provide input and suggestions to planned and proposed agreements or transaction structures
- Respond to, solve, and make decisions on standard and/or routine business and accounting policy interpretation requests
- Review contracts and agreements, research relevant US GAAP and SEC regulation accounting guidance, recommend accounting requirements for complex and/or non-routine transactions
- Prepare technical accounting memorandums and other presentation materials for significant transactions and support the review process with management and external auditors
- Assist with implementation of new accounting standards and updates
- Prepare key accounting deliverables for acquisitions and divestitures and other strategic transactions
- Prepare certain financial reporting deliverables for reporting to RTX
- Integrate, maintain, and communicate both Pratt & Whitney and RTX Corporation (RTX) accounting policies. Assist with drafting new and updated accounting policies
- Partner with, and present to, internal and external auditors, cross-functional departments, and business units across Pratt & Whitney and RTX
- Support Assistant Controller and/or Controller in ad hoc projects
Skills
- Bachelor's degree in accounting, Finance or a related field and minimum of 10+ years applicable work experience; OR an advanced degree with 7+ years of applicable work experience. CPA strongly preferred
- Strong technical accounting background with a thorough knowledge of US GAAP and SEC regulations and extensive practical experience in the application of accounting concepts, including revenue recognition, collaborations, leasing, goodwill, intangible assets, internal use software, and business combinations. Big 4 audit or advisory experience is strongly preferred
- Strong quantitative and qualitative analytical and problem-solving skills, including technical research
- Excellent written and oral communication skills; ability to clearly and concisely document and effectively communicate complex accounting issues to both Finance and Non-Finance personnel
- Ability to successfully manage multiple projects with competing priorities and tight deadlines
- Ability to work with cross-functional teams, domestically and internationally
- Intermediate to advanced excel skills
- Proactive, detail oriented, and able to work independently
- Broad management and leadership knowledge to lead project teams
- Working knowledge of SAP ledgers, OneStream, and related business processes
- Experience working in the aerospace and defense industry
- Familiarity with Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS)
- Ability to understand, utilize, and collaborate with artificial intelligence technologies to solve problems, improve processes, and drive innovation
Benefits
- 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
- Holidays
- 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
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