OSCQ - Principal FP&A Analyst - P3 - (Hybrid)

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

Benefits offered by this job

Relocation assistance

Job summary

RTX is seeking a Principal Finance Analyst in McKinney, TX, to partner with Operations and Finance teams on budget analysis, forecasting, and CER pool management. The hybrid role offers exposure to multiple cost elements and ongoing compliance activities.

You will build the annual operating plan, monitor indirect expenses, and provide monthly variance and risk/opportunity reviews. Collaboration with stakeholders is essential to meet financial commitments.

Qualifications

• Typically requires: a University Degree or equivalent experience and minimum 5 years prior relevant experience, or an Advanced Degree in a related field and minimum 3 years experience.
• Experience with consolidating and analyzing large financial data sets to ensure financial forecasts are accurate.
• Experience with SAP, Business Warehouse, or similar systems.
• Experience with Microsoft Office products (Excel, PowerPoint, Word).

Responsibilities

• Monthly reporting and variance analysis of actual expenses vs plan.
• Monthly forecasting and identifying risks and opportunities.
• Analysis of element of cost forecasts for labor, material, and other cost elements.
• Planning and establishment of time phased indirect expense and headcount plans.
• Build organizations' annual operating plan (AOP). Ensure that the budget systems are loaded to approved values by the functional partners.
• CER pool factors - development, maintenance, and compliance; requires routine interaction with key stakeholders to revisit causal beneficial relationships, ensure compliance, and update factors as necessary.
• Review for compliant labor and pool charges.

Skills

Analytical skills

Financial analysis

Budget forecasting

Communication skills

Education

University degree or equivalent experience

Advanced degree in related field

Tools

SAP

Business Warehouse

Rplan

Control XL

Microsoft Office (Excel, PowerPoint, Word)

Job description

Date Posted: 2026-10-19

Country: United States of America

Location: US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG

Position Role Type: Hybrid

U.S. Citizen, U.S. Person, or Immigration Status Requirements: U.S. citizenship is required, as only U.S. citizens are authorized to access certain necessary systems.

Security Clearance Type: None/Not Required

Security Clearance Status: Not Required

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 Raytheon Operations, Supply Chain & Quality (OSCQ) Finance organization is seeking a highly motivated Principal Finance Analyst to join the team. The position will serve as a finance business partner to critical Operations organizations. This position will be responsible for budget analysis, financial analysis, forecasting, reporting, and compliance assurance related to indirect expense budgets and assigned CER Pools.

This role offers a great opportunity to gain valuable experience across all business segment practices, working with several key stakeholders within the Operations and Finance functions in meeting our financial commitments.

What You Will Do

• Monthly reporting and variance analysis of actual expenses vs plan.
• Monthly forecasting and identifying risks and opportunities.
• Analysis of element of cost forecasts for labor, material, and other cost elements.
• Planning and establishment of time phased indirect expense and headcount plans.
• Build organizations' annual operating plan (AOP). Ensure that the budget systems are loaded to approved values by the functional partners.
• CER pool factors - development, maintenance, and compliance; requires routine interaction with key stakeholders to revisit causal beneficial relationships, ensure compliance, and update factors as necessary.
• Review for compliant labor and pool charges.
• Prepare appropriate JVs and IOTs as required.

Qualifications You Must Have

• Typically requires: A University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience
• Experience with consolidating and analyzing large financial data sets necessary to ensure financial forecasts are accurate
• Experience with SAP, Business Warehouse, or similar systems
• Experience with Microsoft Office products (Excel, PowerPoint, Word)

Qualifications We Prefer

• Experience using SAP business systems.
• Experience using Rplan and Control XL.
• General knowledge of FAR and CAS Government Regulations.
• Experience in preparing Estimates at Complete (EACs) or forecasts.
• General knowledge of indirect expense, CER pool planning, and building an annual operating plan.
• Self-starter with the ability to take initiative with assignments given.
• Able to work autonomously in a fast-paced and dynamic team environment with limited supervision.
• Able to multi-task and produce quality work by being well organized, accurate, efficient, timely.
• Excellent verbal and written communication skills.
• Strong mathematical and analytical skills.
• Proficient with Microsoft Office tools (Excel, Word, PowerPoint).

What We Offer

• Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.
• Relocation assistance available, provided final candidate meets eligibility requirements

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