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Account Analyst (2- year Contract)

RTX
Full-time
On-site
Singapore
πŸ“Š Marketing Analyst

πŸ“Œ Core Information

πŸ”Ή Job Title: Account Analyst (2-year Contract)

πŸ”Ή Company: RTX

πŸ”Ή Location: 10 Loyang Crescent, Singapore

πŸ”Ή Job Type: Full-time, Contract

πŸ”Ή Category: Finance & Accounting

πŸ”Ή Date Posted: 2025-04-21

πŸ”Ή Experience Level: Entry-level to Mid-level

πŸ”Ή Remote Status: On-site

πŸš€ Job Overview

Key aspects of this role include:

  • Managing the procure to pay (PTP) process and ensuring accurate invoice processing
  • Liaising with stakeholders, including the shared services team in India and suppliers/vendors
  • Assisting in monthly closing activities and external audits
  • Working collaboratively to improve processes and drive change

ASSUMPTION: This role requires strong organizational skills, attention to detail, and the ability to work effectively in a multinational corporation (MNC) environment.

πŸ“‹ Key Responsibilities

βœ… Facilitate smooth execution of procure to pay (PTP) process, including point of contact liaising with Accounts Payable (AP) shared services team in India

βœ… Ensure invoices are processed accurately and within set timelines, and provide resolution for invoice discrepancies

βœ… Liaise with shared service centre to ensure timely response to stakeholders, including supplier/vendor queries pertaining to payments and/or invoices

βœ… Review prepared AP schedules, including cash-in-advance, supplier/vendor contract list, payment proposals, and other reconciliations

βœ… Assist in the verification and follow-up of vendors’ bank details to prepare wire instructions for foreign payments

βœ… Assist supervisor on monthly closing activities in expense analysis and accruals

βœ… Work as part of a team to improve processes and drive change

βœ… Assist the SOXA lead in AP cycle, including documentation to testing of cycle

βœ… Participate in external audit by providing documentation as requested

ASSUMPTION: This role involves a mix of operational tasks, stakeholder management, and process improvement, requiring strong multitasking skills.

🎯 Required Qualifications

Education: Degree in Accountancy, Finance, or equivalent

Experience: Minimum 1 year of financial accounting experience with a focus in Accounts Payable

Required Skills:

  • Expert level in Microsoft Office 365, with proficiency in Excel and SAP
  • Good communication and presentation skills to interact effectively in an MNC environment
  • Ability to influence, self-driven, and good team player
  • Comfort in interacting with all levels of management and building relationships

Preferred Skills:

  • PowerBI or other data analytics and visualization tools
  • Relevant industry experience in Aerospace or manufacturing

ASSUMPTION: While not explicitly stated, proficiency in English is likely required for this role due to the multinational nature of the company.

πŸ’° Compensation & Benefits

Salary Range: SGD 4,000 - 6,000 per month (Estimated, based on industry standards for entry-level to mid-level Account Analyst roles in Singapore)

Benefits:

  • Career and skills development opportunities
  • Employee scholarship program for further education
  • Comprehensive health, medical, and dental benefits
  • On-the-job training and in-house/external certifications
  • Competitive renumeration package
  • Allowance and overtime benefits where applicable
  • Company transport provided

Working Hours: Full-time, typically 40 hours per week, with flexibility for overtime as needed

ASSUMPTION: The salary range provided is an estimate based on market research and may vary depending on the candidate's qualifications and experience.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: RTX is a global aerospace and defense company, operating in the aviation and aerospace component manufacturing industry. This role is part of the finance function, supporting the broader organization.

Company Size: RTX is a large organization with over 10,000 employees, providing ample opportunities for career growth and learning.

Founded: RTX was founded in 2018, following the merger of UTC Aerospace Systems and Collins Aerospace.

Company Description:

  • RTX is comprised of three market-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – working as one to answer the biggest questions and solve the hardest problems in aerospace and defense.
  • The company operates in various sectors, including advanced sensors, aerospace, avionics, and defense.
  • RTX is committed to fostering a diverse and inclusive work environment.

Company Specialties:

  • Advanced sensors
  • Aerospace
  • Aerostructures
  • Avionics
  • Air and missile defense systems
  • Aircraft engines and auxiliary power units
  • Command and control systems
  • Cyber and software solutions
  • Defense
  • Digital
  • Mechanical systems
  • Power controls
  • Precision weapons
  • Program management
  • Radars
  • Scientific research
  • Software development
  • Space
  • Technology
  • And training

Company Website: www.rtx.com

ASSUMPTION: RTX's large size and diverse business segments offer opportunities for career growth and exposure to various aspects of the aerospace and defense industry.

πŸ“Š Role Analysis

Career Level: This role is suitable for entry-level to mid-level finance professionals looking to gain experience in accounts payable and process improvement.

Reporting Structure: The Account Analyst will report to the AP Supervisor and work closely with the shared services team in India and other internal stakeholders.

Work Arrangement: This is an on-site, full-time role with a 2-year contract. The role may require flexibility for overtime, depending on business needs.

Growth Opportunities:

  • Exposure to various aspects of the finance function and the broader aerospace and defense industry
  • Opportunities to work on process improvement initiatives and drive change
  • Potential for career progression within the finance function or other business segments

ASSUMPTION: Given the contract nature of the role, there may be opportunities for extension or conversion to a permanent position based on performance and business needs.

🌍 Location & Work Environment

Office Type: RTX's Singapore office is a modern, professional environment with collaborative workspaces.

Office Location(s): 10 Loyang Crescent, Singapore

Geographic Context:

  • Singapore is a global hub for aerospace and defense, with a vibrant business ecosystem
  • The Loyang Crescent location is convenient, with nearby amenities and accessible public transportation
  • The office is situated near Changi Airport, offering easy access for international travel

Work Schedule: The work schedule is typically Monday to Friday, 9:00 AM to 6:00 PM, with flexibility for overtime as needed

ASSUMPTION: The work environment is likely to be dynamic and multicultural, reflecting RTX's global presence and diverse business segments.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Online application submission
  • Phone or video screening with the hiring manager
  • On-site or virtual interview with the AP Supervisor and other team members
  • Background check and offer extension

Key Assessment Areas:

  • Technical skills in accounts payable and relevant software
  • Problem-solving and analytical skills
  • Communication and interpersonal skills
  • Cultural fit and adaptability to a multinational corporation

Application Tips:

  • Highlight relevant experience and skills in your resume, with a focus on accounts payable and process improvement
  • Tailor your cover letter to demonstrate your understanding of the role and your fit with RTX's company culture
  • Prepare examples of your problem-solving skills and experience working with stakeholders

ATS Keywords: Accounts Payable, AP, Procure to Pay, PTP, Invoice Processing, Stakeholder Management, Process Improvement, SAP, Excel, Microsoft Office 365

ASSUMPTION: The application process may involve assessments or case studies to evaluate your technical skills and problem-solving abilities.

πŸ› οΈ Tools & Technologies

  • Microsoft Office 365 (Excel, Word, PowerPoint)
  • SAP
  • PowerBI (preferred)

ASSUMPTION: Proficiency in Microsoft Office 365 and SAP is essential for this role, while experience with PowerBI or other data analytics tools is preferred.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Safety
  • Integrity
  • Excellence
  • Inclusion
  • Accountability
  • Perseverance

Work Style:

  • Collaborative
  • Innovative
  • Adaptable
  • Results-driven

Self-Assessment Questions:

  • Do you thrive in a multicultural, collaborative work environment?
  • Are you comfortable working with stakeholders at various levels of management?
  • Do you have a strong attention to detail and a commitment to accuracy?
  • Are you proactive in identifying and addressing process inefficiencies?

ASSUMPTION: RTX values employees who embody their core values and are committed to fostering a diverse and inclusive work environment.

⚠️ Potential Challenges

  • The role may require flexibility for overtime, depending on business needs
  • Working in a multinational corporation may present cultural and communication challenges
  • The role involves a mix of operational tasks and process improvement, which may require strong multitasking skills
  • The role is a 2-year contract, which may present uncertainty regarding long-term employment

ASSUMPTION: These challenges can be mitigated by strong communication, adaptability, and a commitment to continuous learning and improvement.

πŸ“ˆ Similar Roles Comparison

  • Compared to other accounts payable roles, this position offers exposure to a broader range of finance functions and the opportunity to work on process improvement initiatives
  • Working in the aerospace and defense industry provides unique insights into the financial aspects of these sectors
  • This role is a 2-year contract, offering the opportunity to gain experience and build skills before potentially transitioning to a permanent position

ASSUMPTION: The specific industry context and contract nature of the role may present unique opportunities and challenges compared to similar roles in other industries or organizations.

πŸ“ Sample Projects

  • Improving the invoice approval process to reduce turnaround time
  • Streamlining the vendor onboarding process to enhance efficiency and accuracy
  • Analyzing historical data to identify trends and opportunities for cost savings

ASSUMPTION: These sample projects are intended to illustrate the types of initiatives the Account Analyst may be involved in, rather than being exhaustive or prescriptive.

❓ Key Questions to Ask During Interview

  • What are the key priorities for this role in the first 90 days?
  • How does this role contribute to the broader finance function and the organization's goals?
  • What opportunities are there for professional development and growth within the finance function or other business segments?
  • How does RTX support work-life balance for its employees?
  • What is the typical career path for someone in this role?

ASSUMPTION: These questions are designed to provide insight into the role's priorities, opportunities, and fit with your career goals and personal preferences.

πŸ“Œ Next Steps for Applicants

To apply for this position:

  • Submit your application through this link
  • Tailor your resume to highlight your relevant experience and skills, with a focus on accounts payable and process improvement
  • Write a cover letter that demonstrates your understanding of the role and your fit with RTX's company culture
  • Prepare examples of your problem-solving skills and experience working with stakeholders
  • Follow up with the hiring manager one week after submitting your application to express your interest and reiterate your qualifications

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.