Operations and Supply Chain (OSC) - Principal Financial Analyst - P3 - (Onsite)

RTX

2d • Onsite

About The Position

This position is for a Principal Financial Analyst, working within the Raytheon Operations and Supply Chain (OSC) Finance organization . This role is supporting the Naval Shipboard Missiles Product Line, and will be working very closely with the Business Office and the Program Operations Managers supporting the portfolio. As a member of the OSC Finance team, the successful candidate will be responsible for overseeing the operations labor financials. Scope of work includes manpower planning, EAC development, Detailed HPU analysis, monthly variance reporting, and weekly analysis of cost runs with direct support to both Program Operations Managers (POMs) as well as the Operations Product Line Director and directly with the Business Office. This is an exciting opportunity to develop a strong fundamental understanding of the factory environment, while also working closely with the Program Finance office to ensure financial targets are achieved. The ability to be self-sufficient as well as operating in a team environment, supporting both the Functional organizations as well as ensuring program financial commitments are met will be fundamental to success in this role. Business management covers a wide set of requirements, and a successful candidate will need to show flexibility in job abilities and strong communication skills.

Requirements

• 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 in an independent role tasked to develop, update, and status financial and performance metrics and analysis driven reports
• Experience in understanding the details of cost allocation over bases or amongst organizations or products
• Experience in the use of Microsoft Operating Systems and all Microsoft Office tools, with particular emphasis on Microsoft Excel.

Nice To Haves

• Ability to discuss Profit and Loss (P&L) relationships from contracts to cost analysis.
• Experience in analysis.
• Working experience in a business management or finance role in a company environment
• Experience in production or similar schedule driven environment within a profit driven business based on practical experience.
• Advanced Excel skills (Power Query, Power Pivot, VBA, SQL).
• Strong analysis skills and comfortable working with and analyzing large data sets.
• Clear, succinct, and polished written and verbal communication skills
• Convey business acumen to stakeholders without financial backgrounds or expertise
• Comfort taking on dynamic environments and taking on new challenges.
• Experience in using SAP Business Systems (APEX, PRISM, Business Warehouse)
• Defense Contracting Finance work experience
• Ability to quickly learn advanced financial and planning skills required by multitask requirements and to create support plans and schedules for small to large projects in a cross-functional environment
• Problem solving abilities that bridge production realities to financial commitments

Responsibilities

• Support the creation of Estimates At Complete (EACs) on a quarterly basis including costs, risks and opportunities for Factories and at the Program / Product Line level.
• Provide cost, schedule and funding planning, reporting, monitoring, and analysis support to OSC leaders, leadership teams, and management using standard company tools and processes.
• Prepare program financial forecasts, monitor actual costs, and explain variances to plans and forecasts.
• Manage cost accumulation methods for direct labor including discrete charging and allocation pool charging.
• Provide cost reduction project support and leadership based on manufacturing and functional expertise and experiences
• Support the preparation of cost estimates for new business proposals and assist Estimating and Program Analysts in developing rationale for basis of estimates.
• Support Factory and Program activities in the business management role including being a key participant in all organizational decisions.
• Assist in the development and streamlining of OSQ labor reports, EAC management and special projects to drive internal efficiencies.

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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal
• Number of Employees: 5,001-10,000 employees