Budgets Team - Senior Principal FP&A - P4 - (Hybrid)

About the role

At RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose to solve the world’s most complex problems. Raytheon brings over 100 years of engineering expertise to meet today’s mission and stay ahead of tomorrow’s threats. The Raytheon Financial Planning and Analysis (FP&A) Budgets team has an opportunity for an experienced finance professional to support the Legal and Compliance (LC) function by leading the analysis, collection, and reporting of overhead expenditures. This role provides exposure to multiple levels of Finance and LC leadership and requires overall business knowledge with excellent communication and relationship‑building skills.

Responsibilities

• Establish Annual Operating Plan (AOP), Estimate at Completion (EAC), and compile monthly variance reporting and analysis.
• Support Forward Pricing Rate Proposals and Incurred Cost Submissions.
• Partner with Legal to forecast and manage expenses within their portfolio across all Raytheon Cost Accounting Segments.
• Perform “as required”/ad‑hoc analysis and reporting in support of Raytheon budgets, maintain historical records, analyze trends, recommend and interpret budgetary policies and procedures, and participate in internal management reviews.
• Ensure proper financial controls, maintain compliance, and support the needs of the business.
• Assist with creating Purchase Orders, invoice processing and approvals, and IOTs.

Requirements

• U.S. citizenship is required (only U.S. citizens are authorized to access certain necessary systems).
• Security clearance: None/Not Required.

Qualifications

• Typically requires: a University Degree or equivalent experience and minimum 8 years of prior relevant experience, OR an Advanced Degree in a related field and minimum 5 years of experience.
• Experience with SAP, Analysis for Office, and Microsoft Office suite (emphasis on Excel).
• Experience presenting/conveying business acumen to stakeholders without financial backgrounds or expertise.

Skills

• Strong financial acumen and analytical critical thinking.
• Excellent ability to summarize findings and organize analysis for customers.
• Excellent time management, prioritization, and problem‑solving skills.
• Excellent interpersonal, collaboration, and communication skills with the ability to influence.
• Familiarity with Disclosure Statements and Cost Accounting Standards.
• Ability to classify activities by the appropriate “color of money.”
• Ability to work both independently (self‑guided) and as an integral team member in a highly dynamic work environment.
• Excellent written and oral communication skills, with demonstrated experience briefing management.
• Detail‑oriented and forward‑thinking.
• Understanding of how indirect expense impacts rates.
• Experience with RPlan and Control Excel.

Benefits

• Medical, dental, vision, and life insurance.
• Short‑term and 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.
• Annual short‑term and/or long‑term incentive compensation programs (eligibility depends on position level and collective‑bargaining coverage).

Pay

The salary range for this role is $107,500 USD – $204,500 USD.