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Principal Specialist FP&A

AT RTX
RTX

Principal Specialist FP&A

Richardson, TX

Date Posted:
2024-09-24
Country:
United States of America
Location:
TX232: Richardson 1727 CityLine 1727 East CityLine Drive Building C27, Richardson, TX, 75082 USA
Position Role Type:
Remote

RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses - Collins Aerospace Systems, Pratt & Whitney, and Raytheon. Its 185,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, VA.

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To realize our full potential, RTX is committed to creating a company where all employees are respected, valued and supported in the pursuit of their goals. We know companies that embrace diversity in all its forms not only deliver stronger business results, but also become a force for good, fueling stronger business performance and greater opportunity for employees, partners, investors and communities to succeed.

The following position is to join our RTX Corporate, Enterprise Services, Research Center or BBN team:

Brief Department Description

The RTX Enterprise Services Strategic Affordability Analysis (SAA) organization has an immediate need for financial professionals to provide overall financial support for the Raytheon Division's Supply Chain and Estimating & Pricing organizations. We are seeking individuals to join our team as Principal Specialist, FP&A.

This role will provide leadership and vision in our Strategic Affordability Analysis organization by analyzing supplier proposals, participating in determining material strategy and participating in supplier negotiations. Your work product will have a direct impact on Raytheon's competitive posture in the defense marketplace and customer satisfaction. The successful candidate will work closely with employees across Supply Chain, Finance, Estimating & Pricing, Engineering & Operations. For these reasons, a strong background in accounting, cost accounting, estimating & pricing, financial planning & analysis and analytical techniques is desired.

JOB DESCRIPTION

What you will do:

  • Conduct financial factfinding audits at RTX partner subcontract sites; interfacing with senior level internal and external management (Company Owners, Presidents, Operations VPs).
  • Provide financial assessment of supplier proposed pricing through proposal analysis, historical financial analysis of supplier P&L and Balance sheet statements.
  • Provide written analytical assessment of individual costs elements associated with supplier proposals to provide assessments of fair and reasonable supplier pricing.
  • Provide compliance advice and counsel to RI&S Strategic Affordability, Supply Chain, Estimating and Pricing teams and Program management.
  • Participate in supplier negotiations and provide financial counsel to RTN Program office and Supply Chain team by providing what-if scenarios to achieve RTN program profitability targets.
  • Leading and supporting compliance and financial findings with Government auditors and Contracting officers.

Qualifications you must have

  • Bachelors degree in Accounting, Finance, Business or related field
  • At least 5 years of prior relevant experience gained in a large corporate accounting or finance business setting or an Advanced Degree in a related field and minimum 3 years experience
  • 3 or more years of experience in Cost Accounting, Financial Planning and Analysis, Supply Chain or Estimating & Pricing
  • Solid skills with MS Excel to include V-look ups, Formulas, Pivot Tables, SUMIF conditional formatting is mandatory as well as proficiency in financial modeling

Qualifications We Prefer

  • Knowledge of Federal Acquisition Regulations, Cost Accounting Standards, and Defense Federal regulations (FAR, DFAR, CAS)
  • The ability to obtain and maintain a security clearance is a plus.
  • Capable of producing clear and concise written reports describing analysis performed and the rational driving conclusions recommended.
  • Skilled at identifying, analyzing and resolving complex issues., capable of developing solutions to a variety of problems of significant scope and complexity.
  • Strong interpersonal skills with the capability of interacting collegially, professionally, and communicating clearly and concisely with all levels of the organization including customers and RTX supplier team members
  • Ability to leading cross-functional teams by influencing without authority

Required Immigration Status (work authorization)

  • U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements

Work Location:

  • Hybrid based primarily in Tucson AZ, or Richardson Tx

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

Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.

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.

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.

What We Offer: Whether you're just starting out on your career journey or are an experienced professional, we offer a robust total rewards package 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.

#reempowerprogram

This role is also eligible for the Re-Empower Program. The Re-Empower Program helps support talented and committed professionals as they rebuild their capabilities, enhance leadership skills, and continue their professional journey. Over the course of the 14-week program, experienced professionals will gain paid, on-the-job experience, have an opportunity to participate in sessions with leadership, develop personalized plans for success and receive coaching to guide their return-to-work experience. Upon completion of the program, based on performance and contributions participants will be eligible for a career at RTX.

Minimum Program Qualifications:

To qualify for the Raytheon Technologies, Re-Empower Program, candidates should:

∗ Be on a career break of one or more year at time of application

∗ Have prior experience in functional area of interest

∗ Have interest in returning in either a full-time or part-time position

#LI-RC1

The salary range for this role is 77,000 USD - 163,000 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/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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Client-provided location(s): Richardson, TX, USA
Job ID: Raytheon_Technologies_FGB-660108192
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Family Support Resources
  • Vacation and Time Off

    • Personal/Sick Days
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
  • Professional Development

    • Internship Program
    • Tuition Reimbursement
    • Lunch and Learns