Principal Specialist, Program Cost Controls (P3) *ONSITE*

U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract. This role is being offered in an onsite capacity with the preferred candidate located within a commutable distance to Andover, MA. Relocation assistance is not being offered.

About the role

As a strategic business partner, the effective candidate will join Product Support collaborating with the Product Support PMO and ASDS Integrated Product Team (IPT) leads. This position will be responsible for coordination and preparation of various Product Area and Mission Area level financial deliverables, including 5-Year and Annual Operation Plans, monthly financial forecasts and operation reviews, Short Range Outlook, Baseline Management, EAC's Monthly SDRLs, and all aspects of governance and compliance.

In this position, the candidate will be exposed to many different real-world business tools such as the Estimate at Completion (EAC) process for Sarbanes Oxley compliance, Annual Operating Plan preparation using the RPLAN system, and the cost proposal process. The candidate will also utilize business software packages such as SAP, APEX, Business Warehouse to provide technical analysis for financial reporting of various program funding profiles, sales outlooks, billing projection, and variance analysis. The candidate will work closely with Program Management and in conjunction with Control Account Managers (CAMs). This position will be an integrated part of a fast-paced finance team where multitasking and individual initiative are key requirements.

Responsibilities

• Work closely with the program Business Manager, Schedulers, Control Account Managers, IPT Leads, Functional Leads, and Program Manager to ensure flawless execution of EVM-related tasks.
• Preparation of budgets and schedules for all contract work, establishing and maintaining a Performance Measurement Baseline for the program, performing weekly and monthly EVM metric analysis including variance analysis against cost and schedule targets.
• Preparing internal and external financial reports, including the Integrated Program Management Report (IPMR), to ensure the contract is within negotiated and agreed-upon parameters and government cost control guidelines, and that performance status is clearly communicated to the customer.
• Work closely with IPT leads and CAMs to develop formal monthly Latest Revised Estimates (LRE) and Quarterly Estimates at Completion (EAC) for the work scope they are responsible for.
• Risk and opportunity analysis, Budget Change Requests (BCRs) review and implementation, program log updates and reconciliation, primary and secondary work authorization management, staffing demand analysis, tracking of integrated supply chain and material items, sales forecasting, and all other ad-hoc tasks related to financial EVMS management of this critical program.
• Support executive reviews and Joint Surveillance Reviews, providing accurate EVM summary data in a clear and concise manner to senior-level management and government customer representatives in a presentation format.

What You Will Learn

• Help manage the program’s financial performance baseline, Earned Value Management System, and monitor weekly/monthly earned value cost and schedule.
• Estimates at complete using various Raytheon tools and formats, as required per policy.
• Monthly financial forecasting including RPLAN updates for element of cost and key financial metrics, weekly short-range outlooks identifying risk and opportunities to the forecast, annual updates to the Annual Operating Plan (AOP) and Long Range Plan (LRP).
• Frequent collaboration with ~5 other Finance professionals, Program Manager, and CAM’s/IPTLs.
• Perform financial analysis to understand the monthly variances to Budget baseline and EAC positions.
• Ability to flexibly work in a fast-paced changing environment and manage multiple priorities while meeting critical deadlines.

Requirements

• Typically requires a BA/BS in Accounting, Finance, Business Administration, or a related field & a minimum of 5 years prior relevant experience; OR an Advanced degree & a minimum of 3 years prior relevant experience.
• Experience in Program Control, EVMS, Accounting FP&A, and/or Pricing.
• Experience with SAP, APEX, RPLAN, Business Warehouse, EDIT+, ACES, or a similar system.
• Experience with data analysis and reporting.

Preferred Qualifications

• Experience with Microsoft Office; in Excel specifically (pivot tables, v-lookups, and/or if-then statements).
• Shows initiative by seeking ways to improve processes and data analysis.
• Self-starting, motivated team member with excellent written and oral communication skills.
• Experience with financial forecasting, budgeting, and variance analysis.
• Deep desire to learn and contribute in a team-based environment.
• Capability to multitask and work in a dynamic environment.
• Complex critical thinking and problem-solving skills.
• Ability to interface effectively with program Management team and other functional organizations.

Pay

The salary range for this role is 86,800 USD - 165,200 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.

Benefits

• 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.
• Annual short-term and/or long-term incentive compensation programs (payments are not guaranteed and depend on individual, business unit, and company performance).