FP&A Principal Specialist

RTX; McKinney (TX); Hybrid; USD 87,000 - 165,000; Full time

Job summary

RTX is seeking an FP&A Specialist for the Advanced Spectrum Dominance (ASD) SSBU to support bookings, backlog, income statement, and balance sheet teams with financial analysis and reporting. The role will coordinate with financial analysts on reporting requirements, monitor variance, and collaborate with program management.

You will contribute to SRO risk updates, monthly forecast updates, AOP and LRP development, and balance sheet activities including IRAD, capital, NBI, inventory, and

Qualifications

• Typically requires a Bachelor's degree and a minimum of 5 years of relevant experience, or an advanced degree in a related field and a minimum of 3 years of relevant experience.
• Experience with SAP Tool Suite, such as APEX, Analysis for Office, and PRISM.
• Experience using Microsoft Office applications, including Excel and PowerPoint, to support financial analysis, reporting, forecasting, budgeting, and presentation of financial information.
• Experience with financial planning, forecasting, budgeting, variance analysis, financial reporting, and related processes and systems.
• U.S. Citizen – U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Responsibilities

• Support financial reporting and analysis activities.
• Coordinate with financial analysts on reporting requirements and deadlines.
• Monitor variance analysis and reporting.
• Collaborate with finance managers, financial analysts, and program management.
• Monitor and update Short-Range Outlook (SRO) Risks and Opportunities.
• Support monthly forecast updates.
• Support Annual Operating Plan (AOP) development.
• Support Long-Range Planning (LRP) development.
• Support Balance Sheet activities and gap closure.
• Prepare and maintain investment reporting, including IRAD, Capital, NBI, inventory management, and pre-contract funding.
• Respond to ad hoc financial requests.
• Develop working relationships with Finance Leadership and Program/Functional Leadership.
• Support finance peers with day-to-day responsibilities.
• Support financial activities across portfolios involving different contract types, program life cycles, and execution strategies.

Skills

SAP Tool Suite

Excel proficiency

PowerPoint

Financial analysis

Forecasting

Budgeting

Variance analysis

US Citizenship

Education

Bachelor's degree or higher

Advanced degree accepted

Tools

APEX

Analysis for Office

PRISM

Job description

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.

The Advanced Spectrum Dominance (ASD) SSBU (sub-strategic business unit) is seeking an FP&A (Financial Planning & Analysis) Specialist. This position will support the bookings and backlog, income statement, and balance sheet teams with financial analysis and reporting. The position will support financial reporting, planning, forecasting, and analysis activities across the ASD Finance team. In this role, you will perform financial reporting and analysis, coordinate with financial analysts on reporting requirements and deadlines, and monitor variance analysis and reporting. This individual will collaborate with finance managers, financial analysts, and functional and program management to monitor and update Short-Range Outlook (SRO) Risks and Opportunities, monthly forecast updates, Annual Operating Plan (AOP), and Long-Range Planning (LRP) development. The FP&A Analyst will also support Balance Sheet activities, gap closure, investment reporting (IRAD, Capital, NBI, inventory management, and pre-contract funding), and ad hoc financial requests.

What You Will Do:

• Support financial reporting and analysis activities.
• Coordinate with financial analysts on reporting requirements and deadlines.
• Monitor variance analysis and reporting.
• Collaborate with finance managers, financial analysts, and functional and program management.
• Monitor and update Short-Range Outlook (SRO) Risks and Opportunities.
• Support monthly forecast updates.
• Support Annual Operating Plan (AOP) development.
• Support Long-Range Planning (LRP) development.
• Support Balance Sheet activities and gap closure.
• Prepare and maintain investment reporting, including IRAD, Capital, NBI, inventory management, and pre-contract funding.
• Respond to ad hoc financial requests.
• Develop working relationships with Finance Leadership and Program/Functional Leadership.
• Support finance peers with day-to-day responsibilities.
• Support financial activities across portfolios involving different contract types, program life cycles, and execution strategies.

Qualifications You Must Have:

• Typically requires a Bachelor's degree and a minimum of 5 years of relevant experience, or an advanced degree in a related field and a minimum of 3 years of relevant experience.
• Experience with SAP Tool Suite, such as APEX, Analysis for Office, and PRISM.
• Experience using Microsoft Office applications, including Excel and PowerPoint, to support financial analysis, reporting, forecasting, budgeting, and presentation of financial information.
• Experience with financial planning, forecasting, budgeting, variance analysis, financial reporting, and related processes and systems.
• U.S. Citizen – U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Qualifications We Prefer:

• Experience analyzing financial data and identifying factors affecting financial performance.
• Experience working independently with limited supervision.
• Experience supporting the completion of projects or business processes.
• Experience meeting established deadlines.
• Experience developing financial reports.
• Experience identifying process improvement opportunities.

What We Offer:

• Compensation; healthcare, wellness, retirement, and work/life benefits; career development and recognition programs.
• Parental (including paternal) leave.
• Flexible work schedules.
• Achievement awards.
• Educational assistance.
• Child/adult backup care.
• Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and off-site. Ratio of time working onsite will be determined in partnership with your leader. Commuting to and from the assigned site is the employee's personal responsibility.
• 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 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. 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.
• This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.
• RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.
• The salary range for this role is 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.

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.