Senior Finance Analyst Rates & Government Accounting

RTX; Harlow; Hybrid; GBP 50,000 - 65,000; Full time

Job summary

A leading engineering firm in Harlow seeks a Senior Finance Analyst to support finance operations, develop pricing rates, and manage complex financial data. The ideal candidate holds a university degree and is qualified in CIMA, ACCA, or ACA, bringing experience in finance. This position offers a hybrid work environment, engaging with senior leaders across functions to enhance financial strategies. Join a company committed to advancing national security and personal growth while being part of a collaborative team.

Qualifications

• Relevant years experience in finance roles.
• Ability to work under time pressure with multiple stakeholders.
• Excellent verbal and written communication skills.

Responsibilities

• Support Long Range Plan and Annual Operating Plan rates cycles.
• Develop costing and pricing overhead and G&A rates.
• Manage reconciliations such as under/over recovery.

Skills

Excellent presentational skills

Strong communicator

Analytical thinking

Education

University degree or equivalent

CIMA / ACCA / ACA qualified

Tools

SAP

Microsoft Office

PowerBI

Job description

Date Posted : Country : United Kingdom

Location : GBR01 : Harlow Essex Kao One Kao Park Harlow CM17 9NA

Position Role Type : Unspecified

Job Title : Senior Finance Analyst – Rates & Government Accounting

Function : Finance

Duration : Permanent

Hours : Full time 37 hrs

Location(s) : Harlow / Hybrid with 1 or 2 days a week on site.

Security Clearance Requirements : SC Eligible

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; were building a community committed to safeguarding a safer and more connected world.

About the role

A key role supporting the Head of Finance Operations to deliver business advice and coordinated management of rates and government accounting. It will directly impact the profitability and competitiveness of the organisation and cuts across all functions and business offering a wide exposure to senior leaders on both tactical and strategic issues.

Responsibilities

• Support Long Range Plan (LRP) and Annual Operating Plan (AOP) rates (absorption costing) cycles
• Develop and calculate costing and pricing overhead and G&A rates
• Develop and calculate average labour rates
• Collaborate with Business Programme Finance (BPF) to maximise recoverability of R&D and bid costs
• Provide solutions to undefined challenges cutting across multiple business areas such as new rate deck structures or strategic pricing mechanisms
• Create recovery forecasts and budgets
• Liaise with BPF Functional Business Partnering and Central Finance to understand cost and recovery drivers
• Create what-if rates scenarios
• Create LT Ops Reporting for rates functional control tower submissions and LT speaker notes
• Manage reconciliations such as under/over recovery
• Maintaining COGNOS functional forecast model. Collaborating with DT to ensure availability and that system always reflects latest rate deck structure e.g. allocations
• Maintain PowerBI dashboard and manage rate-related roll-outs (SAP PMX COGNOS)
• Ensure compliance with Defence Reform Act (DRA) and Federal Acquisition Requirements (FAR)
• Support the management of relationships with CAAS SSRO and DCMA
• Lead reporting audit responses and consultation submissions
• Train internal teams on compliance and regulatory changes
• Participate in industry groups and ensure timely rate negotiations

Candidate Requirements

• University degree or equivalent
• CIMA / ACCA / ACA qualified
• Relevant years experience in finance roles
• Excellent presentational skills. Comfortable with data and detail but having the ability to extract high level messages. Experience of presenting to senior audiences
• Ability to work on concurrent issues / problems with multiple senior stakeholders and sources of information both internal and external under time pressure. Being able to prioritise effectively and having an agile mindset
• Strong communicator and networker with a thirst for understanding the business model providing meaningful and actionable insight critical thinking and an ability to think differently about existing problems. Previous experience of dealing one-to-one with both senior and external stakeholders and building relationships
• Ability to own issues and deliver effective outcomes
• Strong analytical and strategic thinking skillsets
• Excellent verbal and written communication skills including the ability to explain financial concepts to non-financial staff
• Excellent systems skills including SAP and Microsoft Office
• Creative and entrepreneurial providing innovative solutions that drive value to the business
• Experience of working in a matrix organisation

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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.