Specialist, Accounting

Specialist, Accounting

We are seeking a Specialist, Accounting to join the Program Accounting function within the Maritime Sector, reporting to the Maritime Sector Controller. This role has responsibility for various Program Accounting functions of the divisions within the Sector, serving as the primary accounting contact for ensuring accuracy of program related accounting information, including revenue, balance sheet, and revenue related reporting. Specific responsibilities include accounting for revenue recognition evaluation, inventory, and monitoring estimate at completion profit rate changes, and other necessary tasks to ensure accurate project accounting. The ideal candidate will have strong communication and analytical skills, combined with a strong technical accounting background.

Essential Functions

• Completion of complex Contract Review Worksheets (CRWs) used to determine revenue recognition under ASC 606.
• Review project and contract setup in the ERP.
• Completion of quarterly inventory net realizable value (NRV) assessments for both contract and non-contract inventory.
• Preparation of the quarterly income statement flux report, explaining in detail the quarterly changes in various line items.
• Preparation of quarterly estimate-at-completion (EAC) profit change reporting.
• Review of EACs for compliance to corporate accounting policies and US GAAP.
• Must have strong analytical excel skills and be able to analyze and work with large data sets in an effective manner.
• Calculation and preparation of supporting documentation for monthly accruals, including all program-related accruals such as warranty accruals and adjustments.
• Preparation of program-related monthly and quarterly Hyperion Financial Management (HFM) schedules required for external financial reporting.
• Proactively identify opportunities for process improvements.
• Preparation of ad-hoc reporting and assistance with special projects, as requested.
• Support audits (External Audit, Internal Audit, and SOX and Self Evaluation Testing).

Qualifications

Preferred Additional Skills

In compliance with pay transparency requirements, the salary range for this role is $62,000 - $115,000. This is not a guarantee of compensation or salary, as final offer amount may vary based on factors including but not limited to experience and geographic location. L3Harris also offers a variety of benefits, including health and disability insurance, 401(k) match, flexible spending accounts, EAP, education assistance, parental leave, paid time off, and company-paid holidays. The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements.