Material Estimator

RTX • McKinney, TX

3d • Onsite

About The Position

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 aggression. 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. An excellent opportunity exists within the Material Estimating Organization as a Principal Material Estimator. The estimating organization is responsible for the preparation of various types of proposals for development, production and competitive contracts including modifications to existing contracts. In addition, the Estimating Organization supports gate reviews, government audits, and negotiations with the customer.

Requirements

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience
• Experience with MS Office, ex. Excel (i.e. basic formulas, macros, look-up, pivot tables, filtering/sorting, etc.)
• U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract

Nice To Haves

• Strong organization and analytical skills
• The ability to work well in teams, with peers and management
• Strong oral and written communication skills
• Demonstrated ability to consistently meet deadlines in a schedule driven environment
• Knowledge and experience with proposal development, price buildup, and estimating and pricing processes
• Knowledge of and/or experience with federal proposal regulations including but not limited to: FAR, DFAR, TINA

Responsibilities

• Be responsible for the development, analysis and completion of material proposals, creation of the Material Cost Summary (MCS).
• Work with other functions from across the company to understand and evaluate the material and other direct costs associated with proposed contracts and the associated program
• Utilize company estimating and pricing programs and tools
• Lead the development of Material Basis of Estimates to include tracking progress, validating and analyzing supplier quotes and Purchase Order History, ensuring consistency across the program, and confirming the estimating approach is sound
• Ensure proposals comply with all FAR and internal requirements often as the only material point of contact
• Assess, develop and implement solutions leading to a thorough material package
• Perform detailed and complex analysis of inputs to ensure soundness in our material estimates

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level