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Finance Contracts to Cash Summer Intern

Learn more about Raytheon
Raytheon

Raytheon

Finance Contracts to Cash Summer Intern

Billerica, MA
Internship
Paid
  • Responsibilities

    Raytheon Global Business Services Contracts to Cash department is seeking a FINANCE SUMMER INTERN. The GBS Contracts to Cash department seeks to maximize cash performance from point of contract award through final invoicing. This role is an excellent way to learn about Raytheon’s financial systems and practices. We would love to have you join our GBS Finance team!

    THE RESPONSIBILITIES INCLUDE ASSISTING WITH THE FOLLOWING, BUT NOT LIMITED TO:

    • Customer contract terms and how they impact Invoicing/collections
    • Understanding invoicing of various types of government, commercial, and foreign contracts
    • Analysis of Invoicing/cash received in SAP and reconciliation of any variance with customer system (MOCAS)
    • Communicate with other CTC functions and Program Office to resolve variance issues of unpaid items, cash on account and short pays
    • Understand application of cash and effect on reporting within SAP, BW, and other available reporting functions
    • Learn FAR regulations and apply to Government Financing
    • Assist with audit support, Internal Controls execution related to Journal Entries/Reconciliation
    • Perform account reconciliations and process correcting entries

    _US CITIZENSHIP REQUIRED- _This position requires access to systems/tools that are restricted to individuals who possess US citizenship.

    133829

    Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

  • Qualifications

    REQUIRED SKILLS AND EDUCATION:

    • Candidate must be in/entering their Junior or Senior (60+ credit hours) and actively enrolled in Bachelor’s degree program with an emphasis in finance, accounting or business related field. Please upload a copy of your most recent transcript.
    • Experience in MS Excel, PowerPoint and Word
    • Strong communication skills

    DESIRED SKILLS:

    • 3.2 Cumulative GPA
    • Previous internship or co-op experience in a related field
    • Experience with current financial software tools and understanding of related applications.
    • Experience with pivot tables, formulas and macro’s
  • Industry
    Defense and Space
  • About Us

    Raytheon Company is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. Founded in 1922, Raytheon provides state-of-the-art electronics, mission systems integration, capabilities in C5I (command, control, communications, computing, cyber and intelligence), sensing, effects and mission support services.