Estimating & Pricing Analyst -Westford, MA

Raytheon; Westford (MA); On-site; USD 86,800 - 165,200; Full time

Benefits offered by this job

Medical benefits

401(k) match

Flexible work schedules

Paid time off

Job summary

Raytheon is seeking a Pricing Analyst for the Global ISR team in Westford, Massachusetts. This integral role involves assisting in new business initiatives, ensuring compliance with FAR, and developing pricing strategies. The ideal candidate should hold a University Degree and have at least 5 years of relevant experience, ideally in the defense or aerospace industry. The position includes a salary range of $86,800 - $165,200, dependent on experience, along with a comprehensive benefits package.

Qualifications

• Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience.
• Ideal professional experience will be related to financial analysis in a highly matrixed organization.
• Experience in defense or aerospace industry.

Responsibilities

• Assisting the capture leads with new business initiatives, proposal activity, gate packages & negotiations.
• Ensure successful development of cost rationale, tests of reasonableness, audit responses and negotiation strategy.
• Ensure compliance with FAR and internal estimating requirements and perform management reviews.

Skills

Financial analysis

Communication skills

Teamwork

Ability to multi-task

Education

University Degree or equivalent experience

Tools

ProPricer

SBT Engineering estimating tool

SAP

BW

Job description

Overview

The Global Intelligent Sensing & Reconnaissance (Global ISR) business within the Advanced Products & Solutions (APS) BU of Raytheon is looking to add a Pricing Analyst to our team with an annual bookings plan of over $500M. The role is onsite in Westford, Massachusetts and will be an integral part of the pricing team to ensure successful business growth. This role is essential for utilizing transparent estimating & pricing processes and decision making to assist leadership in the continued growth of this business. Excellent communication skills are required for interactions with, and guidance for, cross-functional teams.

At RTX, the world largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world. Raytheon brings 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. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.

Location: US-MA-WESTFORD-WFD7 ~ 7 Technology Park Dr ~ BLDG 5

What You Will Do

• Assisting the capture leads with new business initiatives, proposal activity, gate packages & negotiations
• Ensure successful development of cost rationale, tests of reasonableness, audit responses and negotiation strategy
• Ensure compliance with FAR and internal estimating requirements and perform management reviews
• Supporting DCMA & DCAA data requests and audits where applicable
• Proactively communicate status, priorities and requirements with leadership and proposal personnel

Qualifications You Must Have

• Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience
• Ideal professional experience will be related to financial analysis in a highly matrixed organization
• Experience in defense or aerospace industry
• Experience with interpreting and providing guidance on FAR/DFAR/TINA
• Ability to understand, interpret, apply and enforce company proposal related policies, procedures and concepts
• U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Qualifications We Prefer

• Experience with government regulations related to the development and negotiation of US and Foreign cost proposals (FAR, DFARS, CAS, TINA) and supporting the DCAA/DCMA audit process
• Strong communication, presentation, and teamwork skills
• Ability to multi-task and be able to support a dynamic team environment
• Knowledge of the DoD Acquisition Process
• Experience working with the ProPricer pricing tool, SBT Engineering estimating tool, SAP, BW, etc
• Experience with competitive proposals
• Ability to apply, interpret, and provide financial guidance on Raytheon Policies and Procedures

Additional Information

This position is onsite. Employees who are working in onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.

As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

Salary range: 86,800 USD - 165,200 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

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. Specific benefits depend on the business unit and whether the position is covered by a collective-bargaining agreement.

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. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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