Principal Specialist Estimating & Pricing

RTX; Forest (MS); On-site; USD 87,000 - 165,000; Full time

Job summary

RTX, the world’s largest aerospace and defense company, is seeking a Specialist Pricing and Estimating to support proposal activities for AP&S programs. You will contribute to the development of cost proposals and ensure compliance with government regulations and company policies.

Responsibilities include planning proposal efforts, coordinating cost and schedule data, and performing should-cost analyses. This U.S.-based role requires a Bachelor's with 5+ years’ experience or an Advanced Degree

Qualifications

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience.
• Experience with MS Office and finance-related roles.
• U.S. citizenship is required to access information under this program/contract.

Responsibilities

• Plan and schedule proposal efforts.
• Participate in proposal pricing activities and cost volume development.
• Compile cost, schedule and technical elements for proposals per RFP and FAR compliance.
• Coordinate collection of cost, schedule and performance data from functional departments.
• Analyze BOMs and BOEs for reasonableness and provide backup data.
• Research historical data to support proposals.
• Review cost input for reasonableness.
• Prepare and present internal management reviews up to Director level.
• Coordinate fact-finding meetings and pricing reviews.
• Support DCAA proposal audits and contract negotiations.
• Provide guidance to junior pricing analysts to meet objectives.

Skills

MS Office

Finance experience

US citizenship required

Education

Bachelor’s degree

Advanced degree in related field

Tools

ProPricer or similar pricing software

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.

Raytheon Estimating and Pricing is seeking a Specialist Pricing and Estimating to support proposal activities for the Advanced Products & Solutions (AP&S) programs. In this role, you will contribute to the development of cost proposals and ensure compliance with government regulations and company policies.

What You Will Do

• Plan and schedule proposal efforts.
• Participate in proposal pricing activities & Cost Volume Development by providing support for all phases of the proposal process - proposal development through negotiations.
• Compile cost, schedule and technical elements in the development of proposals in accordance with the Request for Proposal (RFP) specifications and compliant with Federal Acquisition Regulations (FAR).
• Coordinate the collection and accumulation of cost, scheduling and performance elements from functional departments,
• Analyzes BOMs and BOEs ensuring reasonableness, adequate rationale and proper backup data,
• Research and analyze historical data to support proposal efforts,
• Review cost input for reasonableness.
• Prepare and present internal management reviews up to the Director level in accordance with the proposal schedule,
• Coordinate activities and participate in fact‑finding meetings,
• Participate in should‑cost and pricing reviews with management and customer representatives,
• Support DCAA proposal audits,
• Participate as a member of the contract negotiating team,
• Provide direction/functions as an advisor to subordinate teammates to meet all objectives required for proposal preparation and monitors daily operations,
• Ensure all applicable parties (e.g., Engineering, Subcontracts, program management and other E&P colleagues) collaborate toward accurate, current and complete proposal submissions.

Qualifications You Must Have

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience
• Experience with MS Office
• Professional experience in a related finance role
• U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract

Qualifications We Prefer

• Advanced knowledge of Federal Acquisition Regulations (FAR), Part 15, Cost Accounting Standards (CAS)
• Demonstrate ability to lead large cross functional teams in very dynamic environments with proven Proposal Management skills
• Demonstrate ability to lead, manage and mentor a team of junior pricing analysts is required
• Ability to work both independently (self-guided) and as an integral team member in a highly dynamic work environment
• Utilize company estimating and pricing programs and tools, including ProPricer or similar pricing software
• Ability to support cross functional teams (Program Manager, Engineers, etc) with developing compliant Basis of Estimates (BOE’s)
• Excellent written and oral communication skills with demonstrated experience briefing all levels of Management
• Experience in proposing different contract types (CPFF, CPIF, CPAF, FPIF, T&M, Incentive Fee) with an understanding of financial implications on program implementation of each contract type
• Demonstrated ability to think strategically and be detailed oriented

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.

Please consider the following role type definition as you apply for this role.

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.

_ As part of our commitment to maintaining a secure hiring process, candidates may be asked to attendselect 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. _

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. Specific benefits are dependent upon the specific business unit as well as whether or not 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.

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.

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.

Privacy Policy and Terms

Click on this link to read the Policy and Terms