Financial Analyst (P1) *HYBRID*

RTX (Raytheon); Andover (MA); Hybrid; USD 65,000 - 109,000; Full time

Job summary

RTX near Andover, MA, is seeking an entry-level Finance Analyst (P1) to join the Raytheon Product Support Finance Team in a hybrid capacity requiring onsite and remote work within commuting distance of Andover, MA.

The candidate will partner with Program Managers and other finance analysts to maintain the cost baseline, identify risks and opportunities, and support EAC, monthly financial data analysis, and proposals.

Qualifications

• Typically requires a Bachelor's degree in Business Administration, Finance, Accounting or business related major and less than 2 years prior relevant work experience.
• Experience with MS Office (Excel, Word and/or PowerPoint).
• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.

Responsibilities

• Development of time-phased budgets and schedules.
• Budgeting and variance analysis.
• Analyze Annual Operating Plan, Forecast, and Short Range Outlook.
• Measure performance (earned value) monthly and generate EV reports, status, graphs, and analysis.
• Develop pricing estimates and proposal cost volumes.
• Provide program teams with internal reports on cost and schedule performance.
• Forecast and recognize bookings and sales; provide variance analysis.
• Develop Work Breakdown Structures (WBS).
• Prepare Work Authorization Documents and handle ad hoc requests.

Skills

MS Office

Communication

Attention to detail

Education

Bachelor's degree in Business Administration/Finance/Accounting or related field

Tools

Excel

Job description

About RTX & Raytheon

At RTX, the world's 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.

Position Overview

The Raytheon Product Support Finance Team is seeking an entry-level (P1) Finance Analyst to join their team. This candidate will partner with Program Managers, other finance analysts, and other functions groups. The candidate will maintain the cost and schedule baseline, identify risk and opportunities, prepare and analyze the Estimate-at-Completion (EAC), analyze monthly financial data, support proposals, and various other ad hoc requests. The candidate will also assist in the financial planning & analysis (FP&A) process which include monthly forecasting and financial reporting. The candidate will also be responsible for improving current processes and procedures by revamping currently used templates, offer better solutions to analyze large volumes of data, setting up reviews with various functions, etc.

Location & Work Arrangement

This role is being offered in a hybrid capacity (onsite & remote) with the preferred candidate located within a commutable distance to Andover, MA. Other acceptable location is McKinney, TX.

Location: US-MA-ANDOVER-AN0 ~ 366 Lowell St ~ BLDG AN0

What You Will Do

• Development of time-phased budgets and schedules
• Budgeting and variance analysis
• Understand and perform analysis on the Annual Operating Plan, (AOP), Forecast, and Short Range Outlook
• Measure performance (earned value) on a monthly basis and generate EV reports, status, graphs, and analysis
• Development of pricing estimates and proposal cost volumes
• Provide program teams with internal reports on cost and schedule performance
• Work with leadership team to accurately forecast and recognize bookings, sales, and provide variance analysis
• Development of Work Breakdown Structures (WBS)
• Preparation of Work Authorization Documents
• Various other ad hoc requests

Qualifications You Must Have

• Typically requires a Bachelor's degree in Business Administration, Finance, Accounting or business related major and less than 2 years prior relevant work experience
• Experience with MS Office (Excel, Word and/or PowerPoint)
• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.

Qualifications We Prefer

• Excellent communication skills (written and oral) to support the preparation and presentation of written briefs and summaries for internal communication
• Experience with excel skills (including Pivot Tables, Vlookups, SUMIF)
• Ability to quickly learn and utilize program management systems and tools; and independently create and accurately analyze cost data
• Good organizational skills in leading/coordinating program personnel toward common finance goals by setting priorities and working within deadlines; ability to multi-task
• Understanding of basic financial principles which include forecasting and budgeting

Role Type and Policies

Please ensure the role type defined below is appropriate for your needs before applying to this role. This position is classified as: Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

For onsite and hybrid roles, commuting to and from the assigned site is the employee's personal responsibility.

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

The salary range for this role is 57,200 USD - 108,800 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,