Analyst - Accounts Payable

Location:

• Position Role Type:
• At RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world. Join us and help shape the future of aerospace and defense.
• 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, hypersonic, 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.
• The following position is to join RTX Enterprise Services – Financial Services, Bangalore, India
• Job Title: Analyst - Accounts Payable
• Job Level: P1
• Location: Bangalore
• Department: Financial Services - Enterprise Business Services, India.
• Key Roles & Responsibilities
• Oversee the processing of invoices and verification of transactions to ensure accuracy and timely payments to vendors and suppliers. Manage the accounts payable team, including hiring, training, and evaluating staff performance to ensure efficiency and compliance with company policies. Implement and maintain internal controls and procedures to prevent errors and fraud in the accounts payable process. Reconcile accounts payable transactions with general ledger balances, identifying discrepancies and resolving issues to ensure accuracy in financial statements. Ensuring timely payments of vendor invoices and expense vouchers, maintaining accurate records and control reports Prepare and analyze accounts payable reports and metrics to assess performance and identify areas for improvement in the payment process. Managing monthly closing of financial records and posting of month-end information, ensuring accuracy of financial statements Reviewing and reconciling supplier statements, resolving any discrepancies in a timely manner Coordinate with procurement and receiving departments to ensure that purchase orders, receipts, and invoices are matched accurately and resolved discrepancies. Handle complex vendor inquiries and disputes, including resolving billing errors and negotiating adjustments or refunds to ensure fair and accurate transactions. Oversee key financial activities, including month-end close, tax filings, and payment processing. Work to identify areas for process improvements and enhance operational efficiency. Assist with financial reporting, ensuring accuracy and compliance with organizational policies. Build strong working relationships within the team and with internal stakeholders. Ensure adherence to deadlines and provide guidance on key financial processes. Contribute to the development of a high-performing, service-focused team. Assist with the management of systems used in accounts payable processes. Provide backup support to senior management and assist with special projects as needed.