Principal Specialist, Benefits Finance

Overview

RTX Corporate is seeking a Principal Specialist, Benefits Finance to play a critical role in the Benefits Finance department within the RTX Controllership organization, reporting to the Director, Benefits Finance.

What you'll do

• Develop financial forecasts and analysis of Company benefit costs related to fringe benefit programs, including pension.
• Assist in the preparation of the Company's and the benefit plans' financial statement disclosures, annual filings, and submissions to the U.S. government.
• Participate in ad hoc special projects, as needed, including but not limited to plan design analysis, process improvement initiatives, and mergers/acquisitions due diligence.
• Work with a variety of third-party benefits vendors and internal contacts to ensure the payment of, and accounting for, benefit claims, expenses, and other financial transactions in accordance with company policies.
• Participate in audit support activities, which may include leading calls with auditors, preparing written responses to audit inquiries, reviewing vendor SOC1 reports, and testing applicable controls, among other items.

What you'll need

• University Degree and minimum 5 years prior relevant experience, or an Advanced Degree in a related field and minimum 3 years of experience, or in absence of a degree, 9 years of relevant experience.
• Solid experience and knowledge of financial forecasting and analysis.
• Critical thinking and analytical skills.
• Ability to independently manage critical projects under demanding schedules.
• Strong organizational skills; ability to handle competing priorities with attention to detail.
• Solid written and communication skills.
• Proficient with Microsoft Office tools, especially Excel, PowerPoint and Word.

Nice to have

• Ability to help identify and execute process improvements.
• Experience with general accounting and/or actuarial concepts, including but not limited to fringe benefit programs.
• Knowledge of GAAP, ERISA and CAS regulations with respect to pensions and other benefits.
• Proficiency with tools such as SAP, OneStream, Power Query, Power BI and Alteryx.

Details

• Hybrid in-person/remote role based in Farmington, CT, working regularly both onsite and offsite; ratio of onsite time determined with your leader.
• Candidates may be asked to attend select interview steps in person at an office location.
• U.S. citizenship is required.
• No security clearance required.
• U.S.-based role; if the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits apply.
• May be eligible for relocation.
• Salary range: 86,800 USD - 165,200 USD.