Finance Analyst - Advanced Products

Raytheon UK

Harlow

Hybrid

GBP 35,000 - 55,000

Full time

10 days ago

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Benefits offered by this job

Pension scheme
Life assurance
Holiday entitlement
Bonus scheme
Flexible benefits
Family friendly policies

Job summary

Raytheon UK is seeking a Finance Analyst to join the Advanced Products Team in a hybrid role based in Harlow. You will deliver accurate financial analysis to support UK and US operations, contribute to planning, forecasting, and performance reporting, and help drive strategic business decisions in a fast-paced defence environment.

You will report to the Finance Manager and work with cross-functional teams to provide insights, manage risks, and support pricing and investment decisions while

Qualifications

  • Newly or Part-qualified accountant actively studying towards a professional qualification such as CIMA, ACCA or ACA
  • Experience in budgeting, forecasting and financial analysis
  • Ability to work independently and collaboratively across functions
  • Good communication and presentation skills (written and verbal) and ability to communicate effectively to various stakeholders
  • Proactive, analytical and detail oriented
  • Attention to detail and process adherence
  • Organised and self-motivated
  • Resilient and adaptable in a fast-paced environment
  • Relevant commercial experience in a similar defence or complex contracting environment
  • Project Accounting experience and Earned Value Management (EVM)
  • Experience with SAP, MS Office Applications (Word, PowerPoint, Excel)
  • Existing security clearance or willingness and ability to obtain clearance.

Responsibilities

  • Support delivery of key business metrics (Bookings, Sales, Profit, Cash)
  • Assist with the Annual Operating Plan (AOP), Long Range Plan (LRP), forecasts, and variance analysis
  • Support the Programme Team with quarterly Estimate at Completion (EAC) reporting, including pricing, basis-of-estimate generation, foreign exchange management and risks and opportunities management
  • Act as the “financial conscience” of the business and ensure Business and Financial Policy adherence
  • Provide analysis and financial insight to support the business Risk & Opportunities process
  • Collaborate with Financial Planning and Analysis, Business Programme Finance and Central Finance Services, to drive effective decision-making
  • Develop strong relationships with stakeholders across the business
  • Identify and implement process improvements and best practices
  • Support the Finance Manager to develop meaningful financial analysis to support new business investment decisions and pricing
  • Produce weekly programme actuals and provide ad-hoc financial analysis as required

Skills

Budgeting
Forecasting
Financial analysis
Communication
Analytical thinking
Attention to detail
Organised
Self-motivated
Proactive
Resilience

Education

Part-qualified accountant (CIMA/ACCA/ACA)
Accounting studies toward professional qualification

Tools

SAP
MS Office (Word, PowerPoint, Excel)

Job description

Work Culture
  • Contributory Pension Scheme (up to 10.5% company contribution)
  • 6 times salary ‘Life Assurance’ with pension
  • 25 days holiday (increasing with service) + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr)
  • Company bonus scheme (discretionary)
  • Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work amongst others
  • Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave
About Us

At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence.

Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do. Together, we are not just advancing technology; we're building a community committed to safeguarding a safer and more connected world.

Our Business

As a leading defence and aerospace company operating across the United Kingdom, Raytheon UK helps to solve our customers’ toughest challenges. We are a major supplier to the UK government and customers around the globe, providing defence solutions across all domains: land, sea, air, space, and cyberspace. We also provide digital and training transformation solutions to commercial and military customers.

With circa 2000 employees and major facilities operating throughout the UK including Broughton (Wales), Livingston and Glenrothes (Scotland), and Harlow, Gloucester, and Manchester (England); we are committed to investing in British careers and technology development.

Location: Harlow (Hybrid with 3 days a week on site)
Clearance Required: BPSS
About The Role

An exciting opportunity has arisen for a Finance Analyst to join the Advanced Products Team during a time of sizeable growth. Supporting both the APNT (Assured Positioning Navigation and Timing) and ATMS (Air Traffic Management Systems) businesses, you will provide accurate, insightful financial analysis to support programme delivery and business performance across UK and US operations.

Reporting to the Finance Manager, you will play a key role in financial planning, forecasting, programme performance reporting, and business decision support. This position is ideal for a proactive and analytical finance professional looking to develop their skills in a complex, fast-paced environment.

Main Duties:
  • Support delivery of key business metrics (Bookings, Sales, Profit, Cash)
  • Assist with the Annual Operating Plan (AOP), Long Range Plan (LRP), forecasts, and variance analysis
  • Support the Programme Team with quarterly Estimate at Completion (EAC) reporting Supporting new business proposals as and when required for Gate Reviews including pricing, basis-of-estimate generation, foreign exchange management and risks and opportunities management.
  • Act as the “financial conscience” of the business and ensure Business and Financial Policy adherence.
  • Provide analysis and financial insight to support the business Risk & Opportunities process.
  • Collaborate with Financial Planning and Analysis, Business Programme Finance and Central Finance Services, to drive effective decision-making.
  • Develop strong relationships with stakeholders across the business
  • Identify and implement process improvements and best practices
  • Support the Finance Manager to develop meaningful financial analysis to support new business investment decisions and pricing.
  • Produce weekly programme actuals and provide ad-hoc financial analysis as required
Candidate Requirements:
  • Newly or Part-qualified accountant, actively studying towards a professional qualification such as CIMA, ACCA or ACA
  • Experience in budgeting, forecasting and financial analysis
  • Ability to work independently and collaboratively across functions
  • Good communication and presentation skills (written and verbal) and ability to communicate effectively to various stakeholders
  • Proactive, analytical and detail oriented
  • Attention to detail and process adherence
  • Organised and self-motivated
  • Resilient and adaptable in a fast-paced environment
  • Relevant commercial experience in a similar defence or complex contracting environment
  • Project Accounting experience and Earned Value Management (EVM)
  • Experience with SAP, MS Office Applications (Word, PowerPoint, Excel)
  • Existing security clearance or willingness and ability to obtain clearance.

RTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, color, religion, gender, sexual orientation or identity, national origin, age, disability, protected veteran status or any other characteristic protected by law.

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