Principal Financial Analyst - Military veterans preferred

Raytheon (


  full-time   employee

United States

This is an opportunity to join the Qatar Early Warning Radar Program within Raytheon Integrated Defense Systems’ (IDS) Mission Systems and Sensors (MSS) Business Area located in Woburn, MA as a Principal Financial Analyst.This position is for the role of Financial Planning and Analysis (FP&A) Lead.As a critical member of the Qatar EWR team, the Financial Planning and Analysis Lead will be responsible for all aspects of FP&A execution on this $1 billion multi-year Foreign Military Sale contracted through the United States Air Force (USAF) on behalf of the Qatar Emiri Air Defense Force.

The candidate will work closely with the program Business Manager, Scheduler, Control Account Managers, IPT Leads, Functional Leads, and Program Manager to ensure flawless execution of all FP&A tasks.Specifically, responsibilities will include establishing the Five Year and Annual Operating Plans for the program and supporting related executive reviews, providing accurate and predictable weekly and monthly financial forecasts with focus on the 4 key financial metrics: bookings, sales, profit, net cash, developing comprehensive risk and opportunity analysis against the financial plan with focus on risk mitigation and opportunity capture, driving strong cash flow results in line with business and shareholder expectations including management, reporting, and resolution of outstanding cash payments, supporting all ad hoc financial exercises from the customer, program management team, or business leadership including funding analysis, investor relations input, and all external and internal financial audits.

Other responsibilities include coordinating financial forecasts and planning with non-IDS partners including internal organization teammates and various subcontractors, processing all contractual modifications through the Raytheon contracts to cash and accounting teams, providing support to quarterly Estimate at Completion exercises and ensuring compliance to fee booking rate policies and guidelines, working with the program team to establish annual budgets for investment dollars including new business investment (NBI), capital investment, and overhead and tracking progress against those budgets throughout the year, and analyzing monthly staffing needs and supporting MSS staffing reviews.

The position will require frequent communication with senior level management across all functions within the business as well as the USAF customer and the Defense Contract Management Agency (DCMA) on occasion. The candidate is expected to execute all of the above responsibilities ensuring adherence to the Raytheon code of conduct and by utilizing the Raytheon values of trust, respect, collaboration, innovation, and accountability.
The candidate is also expected to adhere to all Export/Import compliance guidelines and regulations.

Required Skills:
  • At least 6 years of professional Finance experience
  • Experience working in financial role on a Department of Defense contract
  • Experienced user of SAP software
Desired Skills:
  • Experience establishing annual operating financial plans
  • Experience in FP&A role managing, analyzing, and updating monthly financial forecasts
  • Experience establishing and tracking risks and opportunities against financial plans
  • Experience with budgets and rates, including familiarity with company rate structure
  • Experience interfacing with senior level management and customers, including formal presentations
  • Understanding and experience with revenue recognition policies, Sarbanes Oxley, and EACs
  • Solid understanding of government contract procurement and funding processes
  • Strong presentation skills with the ability to communicate complex financial information
  • Excellent problem solving and analytical skills
  • Ability to identify issues and implement corrective action plans that produce positive results
  • High attention to detail and accuracy
  • Continuous improvement mindset ; R6Sigma certified
  • Familiar with Raytheon Company structure, products, vision, strategy, goals, and values
Required Education (including Major):
  • Bachelor's degree in finance, economics, accounting or other related subject

This position requires either a U.S. Person or a Non-U.S. Person who is eligible to obtain any required Export Authorization. 126287

Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.