OSC Manufacturing - Principal Budgets Analyst - P3 - (Onsite)

Date Posted:

2025-06-24

Country:

United States of America

Location:

MA101: Andover MA 350 Lowell St Essex 350 Lowell Street Essex, Andover, MA, 01810 USA

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:

None/Not Required

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.

This position is for the OSC Finance team – Sensors Manufacturing OH Budget Principal Analyst for Raytheon Manufacturing. Responsibilities include budget development, monthly variance reporting, analysis, and forecasting. This position ensures alignment across Raytheon Manufacturing and Finance teams. Additional responsibilities include but are not limited to: ad hoc analysis and reporting, maintaining historical records, trend analysis, recommending and interpreting budgetary policies and procedures, and participating in external/internal management reviews. Reporting includes daily/weekly/monthly expenses, labor usage, variance reports, risk and opportunity analysis on established budgets, and development of year-end forecasts from consolidated business inputs.

In this position, the candidate will analyze variances and clearly communicate business drivers to various functions and levels of leadership. Other activities include providing guidance on rate impacts, labor loading and developing metrics based on current business performance and trends.

The candidate will be responsible for providing financial support to several Value Streams within the Andover factory and managing a total of approximately $60M in Expense. Interfacing with various business counterparts such as business unit controllers/analysts, financial planning analysts, cross business team analysts, external stakeholders as well as members of the Raytheon Manufacturing leadership.

What You Will Do:

• Support in-country financial operations and financial activities

• Develop and publish quarterly Estimate at Completion financial packages, including variance analysis and identification of risks and opportunities

• Provide financial guidance and solutions to customers

• Provide cost, schedule, financial analysis/reporting, funding planning, maintenance utilizing standard company tools and processes

• Review financial reports and presentations for accuracy and completeness

• Coordinate activities between numerous cross-functional groups and clearly communicate status and identified risks

• Ensures systematic accuracy of charging, expenses and headcount allocations LATs as needed

• Ensure full compliance of company policies and procedures

• Identify and implement continuous improvement opportunities

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 with Raytheon business systems, including SAP, BW, RPlan, or similar systems

• Experience with Earned Value Management (EVM) and/or Estimates at Completion (EAC's)

• Professional experience with Microsoft Office applications (Excel/PowerPoint/Outlook)

Qualifications We Prefer:

• The confidence and courage to effectively lead, present, and participate in large and small meetings and status sessions, even when having to provide bad news or disagree with management

• EAC experience strongly desired

• Ability to quickly learn advanced financial and planning skills required by multitask requirements and to create support plans and schedules for small to large projects in a cross-functional environment

• Strong leadership abilities, excellent speaking, and presentation skills

• Experience in a factory environment including understanding the technical aspects of RMD Operations or similar operations

• 2 years of experience in understanding the details of cost allocation over bases or amongst organizations or products

• Problem solving abilities that bridge production realities to financial comm