Financial Accountant

at  L3Harris Technologies

REQUIRED CAPABILITIES

• Advanced knowledge in MS Excel and knowledge of other Microsoft applications (Knowledge of Macros and/or VBA would be an asset)
• Knowledge of US GAAP
• Knowledge of ERP system including basic knowledge of non-finance modules (Infor ERPLN would be an asset)
• Strong organizational and analytical skills
• Ability to adapt and respond quickly to urgent business requests
• Team player attitude, ability to develop strong working relationships with key managers and support staff
• Ability to multi task and work independently
• Excellent written and verbal communication skills
• Strong process improvement orientation

DESIRED EDUCATION AND EXPERIENCES

• Requires fully proficient job knowledge / skills.
• Requires post-Secondary / Associates Degree with a minimum of 2 year of prior related experience.

ABOUT THE ROLE

Performs a variety of general accounting support tasks. Checks and verifies records, posts ledger and general journal entries and/or balances accounts payable and accounts receivable records. May estimate, control or monitor portions of program budgets or assist in generating some cost proposals. May reconcile financial statements/reports, investigate questionable data, and recommend actions to resolve discrepancies. Uses office automated systems to input data, generate reports, conduct specialized research projects and respond to inquiries. May maintain a complete and systematic set of transactions in a specific phase of accounting.

PRIMARY RESPONSIBILITIES

• Support various areas in the Finance department:
• Revenue recognition tasks, including:
• Review revenue contracts and complete Contract Review Worksheets (CRWs) to conclude on revenue recognition criteria and performance obligations for each contract, and submit for internal and Corporate Office approval
• For Point in Time Revenue: Verify that all revenue recognition criteria is satisfied, then gather and analyze the Cost of Sales information and record Revenue and Cost of Sales
• Assist with analysis on unbilled and customer advance balances required for quarterly Contract Asset & Liability Net Realizable Value (NRV) workbook for Corporate Office
• Complete “Bill-and-hold” analysis templates, and ensure proper documentation and criteria are achieved prior to submission for internal and Corporate Office approval
• Participate in monthly forecast for Revenue, Cost of Sales and Cash Flow
• Manage CRW tracker, Ship-In-Place (SIP) unit tracker, and Intercompany revenue reconciliation (Wescam Canada and Wescam USA)
• Month-end reporting and analysis as required
• Prepare monthly journal entries as required
• Balance Sheet Reconciliations as required
• Analysis of Actuals vs. Forecast
• Ad Hoc Analysis
• Prepare Sarbanes Oxley reports and deliverables for Internal and External auditors as required
• Assisting other departments with questions/problems with ERP issues that have a direct impact on financial/accounting integrated transactions
• Process improvement projects