Principal Specialist, FP&A – Budgets

• Establish Annual Operating Plan (AOP), Estimate at Completion (EAC), compilation of monthly variance reporting and analysis, as well as support for Forward Pricing Rate Proposals and Incurred Cost Submissions.
• Partner with supporting functions to forecast and manage the expenses within their portfolio across all the Raytheon Cost Accounting Segments.
• As required/ad-hoc analysis and reporting in support of Raytheon budgets, maintaining historical records, analyzing trends, recommending and interpreting budgetary policies and procedures and participating 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, IOTs.

• Typically requires a Bachelor’s 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 ability to summarize findings and organize analysis for customers.
• 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.
• Able to work both independently (self-guided) and as an integral team member in a highly dynamic work environment.
• Be detail orientated and forward thinking.
• Understanding of how indirect expense impacts rates.
• Experience with RPlan.

Demonstrates strong financial acumen and analytical skills, with expertise in budget management, variance analysis, and compliance with Cost Accounting Standards. Proficient in SAP and Microsoft Office, capable of producing detailed reports and forecasts while collaborating effectively with cross-functional teams.

• Financial Acumen
• Variance Analysis
• SAP Experience
• Cost Accounting Standards
• Analytical Critical Thinking

• Budget Management
• Variance Reporting
• Financial Controls
• Invoice Processing
• Purchase Order Creation
• Trend Analysis
• Cost Classification
• Indirect Expense Understanding
• RPlan Experience

• Time Management
• Problem-Solving
• Interpersonal Skills
• Collaboration
• Communication

• Annual Operating Plan
• Estimate at Completion
• Disclosure Statements
• Color of Money
• U.S. Citizenship

• SAP
• Microsoft Office