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Technical Accountant

2 months ago

Tallahassee, United States Lockheed Martin Corporation Full time

We are committed to work life balance by promoting this FULL TIME REMOTE telework option. These job requirements allow the employee to work their entire schedule somewhere other than a Lockheed Martin designated office or job site.

At Lockheed Martin, we are passionate about innovation and integrity. We believe that by applying the highest standards of business ethics and forward-thinking, everything is within our capacity – and yours as a Lockheed Martin employee. Lockheed Martin values your skills, training, education and background.

Do you want to be part of an environment that encourages and supports employees to think big, perform with quality and build incredible products? We provide the resources, encouragement, and focus - if you have the resourcefulness and courage to work hard, then we want to build a better tomorrow with you. Come and experience your future

Benefits: In addition to the responsibilities highlighted above we offer extensive benefits to include competitive 401k, insurance and a new 4/10 schedule. We remain an equal opportunity company.

By bringing together people that use their passion for purposeful innovation, at Lockheed Martin we keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work. With our employees as our priority, we provide diverse career opportunities designed to propel development and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. At Lockheed Martin, we place an emphasis on empowering our employees by fostering innovation, integrity, and exemplifying the epitome of corporate responsibility. Your Mission is Ours.

Responsibilities

This requisition is for a Technical Accountant position within Lockheed Martin’s Rotary & Mission Systems (RMS) business area. The position will be part of the broader RMS financial reporting, technical accounting, and tax team and is expected to successfully assist with multiple, simultaneous assignments, deadlines, priorities, and tasks. Responsibilities consistently require an attention to detail, technical analysis, communication, and a level of independent organization and prioritization of responsibilities is expected. The position responsibilities include:

Collaborate with the program finance and business area controllers and their staff to research and provide guidance to properly account for complex transactions. Assist in reviewing customer contracts to ensure the appropriate revenue recognition in accordance with Lockheed Martin policy statements and ASC 606. Assist reviewing the quarterly balance sheet reserves, including coordination and review of supporting documentation to ensure ending reserve balances are adequately supported in accordance with GAAP. Assist with the preparation of quarterly financial results and footnote disclosure templates, ensuring they are completed accurately and timely. Draft technical accounting memos for complex transactions (e.g., revenue recognition conclusions, restructuring activities, asset dispositions). Review proposed accounting standards to identify potential impacts on the business and assist with the implementation of newly issued accounting standards. Drive accounting and financial reporting enhancements to existing accounting-related processes to generate efficiencies and improve analysis. Actively interface with members of the Ernst & Young audit team. Assist with digital transformation initiatives to improve current financial reporting processes. Ensure appropriate internal controls are adhered to across the accounting functions. Assist with accounting-related special projects and other financial reporting duties as assigned.

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