MA, USA
15 days ago
Principal Specialist, Financial Planning & Analysis

Date Posted:

2024-11-13

Country:

United States of America

Location:

HMA03: ISR Systems - Westford HO 7 Technology Park Drive, Westford, MA, 01886 USA

Position Role Type:

Onsite

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter boldness. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world. 

RTX has an exciting opportunity for a pricing and program controls analyst to join a growing and expanding team within our EOIRS organization.

In this role, the ideal candidate will provide accurate and insightful management analysis with recommendations enabling the programs to execute according to our cost and schedule baseline, while maximizing financial objectives for the company and its shareholders. This position is uniquely able to give a wide sampling and vast exposure to assignments within Finance and Business ranging from Program Cost and Control, Proposals and Estimating, to Financial Planning and Analysis

This position will be based in Westford, MA, or McKinney, TX.

What You Will Do

Responsibilities include variance analysis, data reviewing and reporting, Earned Value (EV), Estimate-at-Completion (EAC) development, and latest revised estimate (LRE) development.  You will be responsible for providing the internal financial planning (e.g., bookings, sales, profit and cash forecasting and analysis) and billings as well as proactive management of contract funding.Manage the coordination, development, and delivery of monthly financial CDRLs.Program start up and implementation support inclusive of contract modification processing, project setup, and NWA management.In addition, you will be responsible for actively identifying risks that affect cost and/or schedule and providing proactive analysis of all financial aspects of the projects.Develop, analyze, evaluate, coordinate, prepare and support proposals in accordance with request for proposal (RFP) for both government and commercial customers in compliance with company and regulatory policies and processes.Thoroughly understands cost burdening and fee application to accurately develop proposal cost/price.Prepares financial summaries, performs detailed analysis, and breaks down information into key takeaways allowing Management to make informed business decisions.Partners with contracts and is capable of supporting customer fact-finding, negotiations, and DCAA/DCMA audits.Collaborates with key team members and various functional teams to gather information, share insights, facilitate informed resolution-making.Assess the financial implications of pricing strategies and ensures accuracy and integrity of current cost and pricing data.Aids the proposal team in identifying, assessing, and quantifying proposal risks and/or opportunities.Participates in internal/external audits with supervision.Ensures compliance with internal policies and procedures and FAR/DFARS requirements.Work collaboratively with subcontracts organization to develop and price compliant and accurate consolidated Bills of Material independently with little supervision.Possessed knowledge of U.S. Government Contracting Regulations.Detailed review and analysis of customer proposal documents.Ability to articulate thoughts and express ideas using effective oral, written, and nonverbal communication skills.

Qualifications You Must Have

Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience.Experience analyzing and reporting data and information necessary to ensure program performance.Experience with variance analysis, data reviewing and reporting, Earned Value (EV), Estimate-at-Completion (EAC) development, and latest revised estimate (LRE) development.Experience with SAP suite of tools.

Qualifications We Prefer

Demonstrated ability to think thoughtfully, solve complex problems and convert complex data to actionable information.Excellent interpersonal, communication and presentation skills.Detail-oriented mindset to ensure accurate financial calculations and analysis.Willingness to make timely decisions and accurate judgements.Ability to assess, prioritize and handle multiple proposals at the same time.Experience with SAP, BMW, PARS, ProPricer and MS Excel.Experience compiling CBOMs for large complex production proposals and IDIQs.Exposure to cash/billings

Additional Information

This position is grade P3 Principal Specialist, Financial Planning & Analysis.Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.Relocation assistance is not available.

What We Offer

Our values strengthen our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.Whether you’re just starting out on your career journey or are an experienced professional, we offer a total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs. Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.

Learn More & Apply Now!

RTX solves some of the toughest challenges in aerospace and defense. That requires expansive thinking and bold innovation – and that, in turn, requires a culture that is diverse, equitable and inclusive.We embrace individuality and diversity of thought to fuel opportunity for our employees, our customers, and our communities. We work toward progress, knowing that a more inclusive world is critical to our mission. Not just in this moment, but always.This role is also eligible for the Re-Empower Program. The Re-Empower Program helps support talented and committed professionals as they rebuild their capabilities, enhance leadership skills, and continue their professional journey. Over the course of the 14-week program, experienced professionals will gain paid, on-the-job experience, have an opportunity to participate in sessions with leadership, develop personalized plans for success and receive coaching to guide their return-to-work experience. Upon completion of the program, based on performance and contributions participants will be eligible for a career at RTX.

The salary range for this role is 77,000 USD - 163,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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