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Job Information
RTX Corporation Principal Program Cost Controls Financial Analyst - P3 - (Remote) in Boston, Massachusetts
Date Posted:
2025-02-11
Country:
United States of America
Location:
RMA99: RTN Remote, Massachusetts
Position Role Type:
Remote
About Us:
At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring 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. Our team solves tough, meaningful problems that create a safer, more secure world.
Job Summary:
A Raytheon program has three primary pillars, consisting of Production, Technology Upgrade (iECP) and Platform Integration & Test, each with varying financial performance and contractual EVMS requirements. This program has an immediate opening for a Principal Program Controls Analyst. This role will be supporting the execution of the iECP Delivery Orders 1 & 2. Specifically, iECP DO1 and DO2 contract scope includes development of two new components for the StormBreaker AUR, creating the next Production configuration weapon.
This program is a future Raytheon franchise program with $400M in yearly revenue and strong growth projections. This specific financial role serves as a critical business partner by providing analysis, insight and guidance to program leadership in order to enable strategic decision leading to program execution and fiduciary success. This progam is a financially challenged program with multiple production phases and contract types, with significant visibility to the Air Power Mission Area and RMD LT. The ideal candidate must be able to prioritize and allocate resources in a challenging, deadline driven environment. In addition, professional and effective communication skills are required due to the frequent interaction with program, product line and functional leadership.
The program includes an efficient and effective team that relies on individual drive and integrity for success. Program culture is of high priority in this environment, and it is expected that the candidate is capable of building business relationships, trust and rapport with business contacts within not only the program, but also the product line and customer teams. Primary duties will include assisting in the execution of the iECP Delivery Orders #1 and #2.
The successful candidate will support all aspects of the contractual Earned Value process, create and review summary level contract performance information to help consolidate executive level financial performance presentations including EV, AOP, Forecast, EACs, PAD Execution Reviews, and Mission Area reviews. In addition, this position will work closely with various functional organizations during the EAC development process, as well as monitoring these organizations performance against agreed upon budgets. Experience in executing of Contractual Earned Value is highly desired.
In addition to the recurring role activities this individual will be expected to perform ad-hoc requests, design and execute creative solutions/opportunities to program and process challenges, assist in the development of fundamental and intermediary analytical skills of junior analysts.
What You Will Do:
Contractual and internal Earned Value Management reporting
Create and review summary level contract performance information to help create, consolidate & review executive level financial performance presentations including EACs, Execution Reviews, and Corp Ops
Work closely with various functional organizations during the EAC development process; as well as, monitoring these organizations performance against agreed upon budgets.
Providing support of financial planning activities (BSEC, AOP, FRC, LRP)
Financial point of contact for program management inclusive of interactions with various non-finance organizations including Engineering, Supply Chain, and Operations.
Creation and management of project budgets
Weekly cost/labor reporting
Generation and analysis of monthly metrics
Trend and variance analysis
Labor and material forecasting
Budgeting, forecasting, and variance analysis of resources for current and future orders
Variable and fixed labor assessment to determine optimal manpower levels
Contractual and internal Earned Value Management reporting
Risk and opportunity valuation and impact on contract profitability
Qualifications You Must Have
Typically requires a Bachelor’s Degree in Finance, Accounting, Economics, Mathematics or related topic
Typically requires 5+ years finance work experience; OR an Advanced degree and 3+ years prior relevant experience
Experience in contractual EVMS reporting, working in APEX/PRISM EVMS systems and PMX tools.
Experience with Microsoft PowerPoint and/or Excel (i.e. pivot tables, advanced formulas, graphing, etc.)
U.S. Citizenship Status is Required as this position will require the ability to Access US Only Data Systems
Qualifications We Prefer
Applicants should be proficient in SAP, PRISM, Business Warehouse, and Microsoft Office.
Working knowledge of financial planning system (RPlan)
A qualified candidate should have strong financial analytical skills as well as a fundamental understanding of functional roles and responsibilities in a production environment (touch labor, support labor, material).
The candidate should be very knowledgeable of program control responsibilities which include meeting internal requirements such as coordinating budgetary agreements, preparing EACs and monthly forecasts.
Clear, succinct written and verbal communication skills
Work relatively independently and be self-motivated, have excellent communication and leadership skills.
Comfort and willingness to taking on new challenges.
Work in a fast paced team environment, be able to interact with multiple layers within the organization and be able to make recommendations for appropriate solutions.
Demonstrated leadership experience and ability to communicate effectively with peers and leadership.
Strong experience with Microsoft Office Suite
Experience with project or task financial management and support including analyzing budgets, monitoring actual cost data, developing forecasts, and providing variance analysis.
Understanding of business management principles, concepts and practices and the ability to provide potential solutions for cost and schedule performance issues.
Experience using financial software systems (such as SAP R/3: APEX, PRISM and Business Warehouse).
Able to meet critical deadlines and develop and apply solutions and process improvements in a fast paced changing business environment.
Understanding of Accounting standards and practices.
Experience using Earned Value Management techniques.
Defense Contracting Finance work experience.
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.
Learn More & Apply Now!
- Please consider the following role type definition as you apply for this role. Remote: Employees who are working in Remote roles will work primarily offsite (from home). An employee may be expected to travel to the site location as needed.
#Remote
The salary range for this role is 82,000 USD - 164,000 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 (http://www.rtx.com/privacy/Job-Applicant-Privacy-Notice) to read the Policy and Terms
Raytheon Technologies is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
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