Principal Specialist, FP&A- Budgets

About the role

The Raytheon Financial Planning and Analysis (FP&A) Budgets team seeks an experienced Finance professional to support various functions by leading the analysis, collection, and reporting of overhead expenditures. This role offers exposure to multiple levels of leadership and provides opportunities to assist with creating Purchase Orders, invoice processing, and approvals.

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 supporting functions to forecast and manage expenses across Raytheon Cost Accounting Segments
• Conduct “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
• Aid in creating Purchase Orders, invoice processing, and approvals

Qualifications

• Typically requires a Bachelor’s degree and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience
• Experience with SAP and Microsoft Office
• U.S. Citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements
• Strong financial acumen and analytical critical thinking
• Excellent time management, prioritization, and problem-solving skills
• Strong interpersonal, collaboration, and communication skills
• Familiarity with Disclosure Statements and Cost Accounting Standards
• Ability to classify activities by appropriate color of money
• Detail-oriented and forward-thinking
• Understanding of how indirect expense impacts rates
• Experience with RPlan