Senior Financial Analyst - Program Cost Controls

RTX (Raytheon); McKinney (TX); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Total rewards package

Parental leave

Flexible work schedules

Educational assistance

Child/backup care

Job summary

RTX in McKinney, TX seeks a Senior Financial Analyst to support the Terrain Follow Radars portfolio. You will work with Program Business Managers, IPT Leads, and Program Managers on program financial management activities, including forecasting, cost reporting, and EAC development.

Responsibilities include quarterly EACs, variance analysis, and preparation of cost estimates for new proposals. Collaboration across finance and program teams is essential.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Mathematics or related field.
• 2+ years of work experience, or an advanced degree in related field.
• US citizen requirement for access to systems.

Responsibilities

• Prepare quarterly Estimates at Completion (EACs) including costs, risks and opportunities.
• Perform financial analysis of total program and Mission Area cost elements.
• Analyze monthly variances between budget baseline and EAC positions.
• Prepare program financial forecasts and monitor actual costs.
• Report variances between actual costs, plans and forecasts.
• Assist in cost estimates for new business proposals.
• Develop basis and rationale for cost estimates with Estimating and Program Analysts.
• Coordinate with functional organizations during EAC development.
• Monitor performance against plans and financial requirements.

Skills

Financial analysis

Education

Bachelor's degree in Finance/Accounting/Economics/Math

Advanced degree in related field

Tools

Microsoft Excel

SAP R/3

APEX EVMS

PRISM EVMS

Business Warehouse

RPlan

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.

Advanced Products & Solutions (APS) / Radio Frequency Solutions (RFS), a product line within Raytheon Finance, is seeking a Senior Financial Analyst to support the Terrain Follow Radars (TFR) portfolio.

The Senior Financial Analyst will work with Program Business Managers, Integrated Product Team (IPT) Leads, and Program Managers on program financial management activities. Responsibilities include program cost reporting, financial analysis, financial forecasting, and Estimate at Completion (EAC) development.

The position involves generating internal cost reports, monitoring and analyzing cost data, using financial planning systems, and compiling quarterly Estimate at Completion (EAC) forecasts for program and finance management.

What You Will Do

• Support the preparation of quarterly Estimates at Completion (EACs), including program costs, risks, and opportunities at the Program and Mission Area levels.
• Perform financial analysis of total program and Mission Area cost elements.
• Analyze monthly variances between the budget baseline and Estimate at Completion (EAC) positions.
• Prepare program financial forecasts and monitor actual costs.
• Analyze and report variances between actual costs, plans, and forecasts.
• Support the preparation of cost estimates for new business proposals.
• Assist Estimating and Program Analysts with developing the basis and rationale for cost estimates.
• Coordinate with functional organizations during the EAC development process.
• Monitor functional organization performance against established plans and financial requirements.
• Prepare and maintain program financial reports and supporting analysis.

Qualifications You Must Have

• Typically requires a Bachelor's degree in Finance, Accounting, Economics, Mathematics, or a related field and a minimum of 2 years of work experience; or an Advanced Degree in a related field
• Experience using Microsoft Office applications, with an emphasis on Microsoft Excel for financial analysis, reporting, forecasting, and data management.
• U.S. Citizen - U.S. citizenship is required, as only U.S. citizens are authorized to access certain necessary systems or sites.

Qualifications We Prefer

• Experience with contractual Earned Value Management System (EVMS) reporting.
• Experience using APEX and PRISM EVMS systems.
• Experience using SAP R/3 business systems, including APEX, PRISM, and Business Warehouse.
• Experience with financial planning systems, including RPlan.
• Experience with defense contracting finance.
• Knowledge of accounting standards and practices.
• Experience analyzing financial data, cost variances, forecasts, and program financial performance.
• Experience preparing Estimates at Completion (EACs) and financial forecasts.
• Experience meeting established deadlines and developing or implementing process improvements.
• Experience communicating financial information in written and verbal formats.
• Experience working with finance, program management, estimating, and functional organizations.

What We Offer

• Whether you're just starting out on your career journey or are an experienced professional, we offer a total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement, and work/life benefits; career development and recognition programs.
• Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance, and child/adult backup care.

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 proce

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

Position Role Type: Onsite

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