Experience:
Not specified
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Employment Type:
Not Specified
Posted:
9/12/2019
Job Category:
Accountant
Industry:
Aerospace & Aeronautics
Contracts to Cash Finance Intern (Summer 2020)
(This job is no longer available)
Raytheon Company | Plano, TX
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Job Description

The Contracts to Cash (CTC) department within Raytheon’s Global Business Services (GBS), is seeking a Finance Summer Intern. Contracts to Cash seeks to maximize cash performance from point of contract award through final invoicing. This role is an excellent opportunity to learn about Raytheon’s financial systems and practices.
The responsibilities include assisting with the following, but not limited to:
  • Customer (e.g. Army, Air Force, Navy) contract terms and how they impact setup, shipments to the Warfighter, and customer invoicing
  • Understanding end-to-end CTC processes of various types of government, commercial, and foreign contracts
  • Analysis of invoicing/cash receipts in SAP and reconciliation of any variance with customer system (MOCAS)
  • Communicate across CTC functions and Program Offices to resolve variances such as: unpaid items, cash on account, short pays, contractual and shipment discrepancies
  • Understand contractual terms in relation to invoicing / cash application and the impact to financial reporting (SAP and BW)
  • Learn FAR, DFAR, and CAS regulations that are applicable to government financing
  • Perform account reconciliations and process correcting entries
US Citizenship Required: This position requires access to systems/tools that are restricted to individuals who possess US citizenship.

Required Skills and Education:
  • Candidate must be in/entering their Junior or Senior (60+ credit hours) year in a Bachelor’s degree program or actively enrolled in a Master's degree program with an emphasis in finance, accounting or business related field. Please upload a copy of your most recent transcript.
  • Experience in MS Excel, PowerPoint and Word
  • Strong communication skills
Desired Skills:
  • 3.2 Cumulative GPA
  • Previous internship or co-op experience in a related field
  • Experience with current financial software tools and understanding of related applications.
  • Experience with pivot tables, formulas and macros
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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.

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About Raytheon Company

Raytheon Company is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services

 
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