Principal Specialist Estimating & Pricing

RTX•Mckinney, TX

4d•Hybrid

About The Position

Raytheon Estimating and Pricing is seeking a Specialist Pricing and Estimating to support proposal activities for Advanced Products & Solutions (AP&S) programs. The role contributes to developing cost proposals and ensuring compliance with government regulations and company policies. The position is hybrid, with regular work both onsite and offsite; the onsite-to-offsite ratio is determined in partnership with the employee’s leader. The role supports proposal pricing and cost-volume development from proposal development through negotiations. It coordinates cost, schedule, and performance inputs across functional departments, analyzes estimates and supporting data, and presents internal reviews. The position also provides guidance to junior teammates and helps ensure that relevant functions collaborate to produce accurate, current, and complete proposal submissions.

Requirements

Typically, a bachelor’s degree 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.
Professional experience in a related finance role.
U.S. citizenship, as only U.S. citizens are authorized to access information under the program/contract.

Nice To Haves

Advanced knowledge of FAR Part 15 and Cost Accounting Standards (CAS).
Ability to lead large cross-functional teams in dynamic environments, with demonstrated proposal-management skills.
Ability to lead, manage, and mentor junior pricing analysts.
Ability to work independently and as an integral team member in a dynamic work environment.
Experience using company estimating and pricing programs and tools, including ProPricer or similar pricing software.
Ability to support cross-functional teams, including program managers and engineers, in developing compliant BOEs.
Excellent written and oral communication skills, including experience briefing all levels of management.
Experience proposing different contract types, including CPFF, CPIF, CPAF, FPIF, T&M, and Incentive Fee, with an understanding of their financial implications for program implementation.
Demonstrated strategic thinking and attention to detail.

Responsibilities

Plan and schedule proposal efforts.
Support proposal pricing activities and cost-volume development through all phases of the proposal process, from development through negotiations.
Compile cost, schedule, and technical elements of proposals in accordance with RFP specifications and Federal Acquisition Regulations (FAR).
Coordinate collection and accumulation of cost, scheduling, and performance elements from functional departments.
Analyze bills of materials (BOMs) and basis of estimates (BOEs), ensuring reasonableness, adequate rationale, and appropriate supporting data.
Research and analyze historical data to support proposal efforts.
Review cost inputs for reasonableness.
Prepare and present internal management reviews up to the Director level in accordance with the proposal schedule.
Coordinate activities and participate in fact-finding meetings.
Participate in should-cost and pricing reviews with management and customer representatives.
Support DCAA proposal audits.
Participate as a member of the contract negotiating team.
Provide direction and act as an advisor to subordinate teammates to meet proposal-preparation objectives, and monitor daily operations.
Ensure Engineering, Subcontracts, program management, and other Estimating and Pricing colleagues collaborate on accurate, current, and complete proposal submissions.

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.