Principal Program Cost Controls Financial Analyst - P3 - (Remote)

Date Posted:

2024-12-18

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 require