Principal Specialist, Program Cost Controls

RTX • Mckinney, TX

12d • 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 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. Be a part of Raytheon Finance team, a World Class finance organization that leads by example and is highly respected and valued by our internal and external customers. Work for an organization that is noted for its teamwork within Finance and across functional boundaries. STaRS Finance is seeking a Principal Financial Analyst to join our team in McKinney, Texas, to support the Harpoon product line. The Principal Finance Analyst will partner with the Program Manager, Control Account Managers (CAMs), Integrated Product Team Leads (IPTLs), and cross functional partners to provide support and successful execution of the contracts, most specifically monitoring and controlling program costs. The position will actively monitor all active contract efforts to allow the Finance Manager agility in providing oversight across the program. You will ensure all required financial inputs (including both external and internal reporting) are reviewed, analyzed, and submitted on time.

Requirements

• Typically requires a bachelor’s degree in finance, Accounting, Business Administration, or related field 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 interfacing and conducting business with various functional disciplines (Contracts, Operations, Engineering, Supply Chain Management, etc.) in program development and execution .
• Documented experience utilizing MS Office – (Excel, PowerPoint and Word) with pivot tables, charts, creating presentations, etc.
• U.S. Citizenship and ability to access to US only data systems.

Nice To Haves

• Understanding and application of finance principles, concepts, practices, and standard knowledge of industry practices.
• Ability to plan and manage daily tasks, analyze, provide results and recommend solutions to management.
• Experience in communicating financial concepts, trends and variances to management.
• Proactive, creative and innovative in solving problems and issues.
• Strong analytical abilities.
• Strong communication skills (written and oral).
• Proposal experience.
• Understanding of sales, profits, bookings and cash flow forecasting.
• Experience interfacing with customers external to Raytheon.
• Ability to quickly master Business Systems.
• Shows initiative by seeking ways to improve processes and data analysis.
• Works under general direction and participates in determining objectives of assignment plans, schedules and arranges own activities in accomplishing objectives after training period.
• Experience in APEX, SAP Business Warehouse, ETC Tool (PMX and Excel tool) & PRISM.

Responsibilities

• Responsibilities include weekly data review & reporting, variance analysis, EVMS, and quarterly Estimate-at-Completion (EAC) development.
• Analyst will also participate and be responsible for internal financial planning (forecasting metrics such as bookings, sales, profit, and cash) and billings.
• You will be responsible for identification of risk and opportunities to the current forecast and program cost and/or schedule, as well as providing proactive analysis of all financial aspects of multiple projects under the assigned program.
• You will be the lead analyst guiding a junior analyst in continued process improvement, reporting efficiencies and product quality.
• Success in this role will be dictated by one’s ability to meet critical deadlines while managing multiple conflicting priorities.
• The lead will need to analyze and understand data quickly in order to make informed business decisions.
• You will need to exhibit financial independence, possess high business acumen and exhibit robust analysis within the Harpoon program portfolio.
• This role must be able to interpret and ensure implementation of Raytheon Financial Policies and Procedures to program personnel as part of their daily/weekly communications.

Benefits

• 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.
• 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: Mid Level
• Number of Employees: 5,001-10,000 employees