Principal Analyst - Material Estimating

RTX•Tewksbury, MA
•$95,500 - $181,700•Onsite

About The Position

The Principal Analyst will work in Raytheon’s Material Estimating Organization, which prepares proposals for development, production, and competitive contracts, including modifications to existing contracts. The organization also supports gate reviews, government audits, and customer negotiations. The role is responsible for developing, analyzing, and completing material proposals. It works across company functions to understand and evaluate material and other direct costs associated with proposed contracts and programs, using company estimating and pricing programs and tools. The analyst leads development of Material Basis of Estimates, including tracking progress, validating and analyzing supplier quotes and Purchase Order History, ensuring consistency across the program, and confirming the estimating approach is sound. The role also ensures proposals meet FAR and internal requirements, develops solutions for a thorough material package, and performs detailed analysis of estimate inputs.

Requirements

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related/applicable field and at least 5 years of relevant experience, or an advanced degree in a related field and at least 3 years of experience.
  • Experience with Microsoft Office products, including Word, PowerPoint, and Excel.
  • Ability to obtain and maintain a U.S. government-issued security clearance; U.S. citizenship is required.

Nice To Haves

  • Strong organizational and analytical skills.
  • 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 and experience with FAR, DFARS, TINA, and/or other government procurement regulations as they apply to bid/cost proposals.

Responsibilities

  • Develop, analyze, and complete material proposals.
  • Work with other company functions to understand and evaluate material and other direct costs associated with proposed contracts and programs.
  • Use company estimating and pricing programs and tools.
  • Lead development of Material Basis of Estimates, tracking progress, validating and analyzing supplier quotes and Purchase Order History, ensuring program consistency, and confirming the estimating approach is sound.
  • Ensure proposals comply with FAR and internal requirements.
  • Assess, develop, and implement solutions that result in a thorough material package.
  • Perform detailed and complex analysis of inputs to ensure material estimates are sound.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 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
  • Holidays
  • Annual short-term and/or long-term incentive compensation programs may be available, depending on position level and collective-bargaining coverage; payments are not guaranteed.
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