Date Posted:2025-06-30Country:United States of AmericaLocation:MA101: Andover MA 350 Lowell St Essex 350 Lowell Street Essex, Andover, MA, 01810 USAPosition Role Type:OnsiteU.S. Citizen, U.S. Person, or Immigration Status Requirements: U.S. citizenship is required, as only U.S. citizens are authoriz
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OSC Manufacturing - Principal Budgets Analyst - P3 - (Onsite)
Job Description:

Date Posted:

2025-06-30

Country:

United States of America

Location:

MA101: Andover MA 350 Lowell St Essex 350 Lowell Street Essex, Andover, MA, 01810 USA

Position Role Type:

Onsite

U.S. Citizen, U.S. Person, or Immigration Status Requirements:

U.S. citizenship is required, as only U.S. citizens are authorized to access certain necessary systems.

Security Clearance:

None/Not Required

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.

This position is for the OSC Finance team – Sensors Manufacturing OH Budget Principal Analyst for Raytheon Manufacturing. Responsibilities include budget development, monthly variance reporting, analysis, and forecasting. This position ensures alignment across Raytheon Manufacturing and Finance teams. Additional responsibilities include but are not limited to: ad hoc analysis and reporting, maintaining historical records, trend analysis, recommending and interpreting budgetary policies and procedures, and participating in external/internal management reviews. Reporting includes daily/weekly/monthly expenses, labor usage, variance reports, risk and opportunity analysis on established budgets, and development of year-end forecasts from consolidated business inputs.

In this position, the candidate will analyze variances and clearly communicate business drivers to various functions and levels of leadership. Other activities include providing guidance on rate impacts, labor loading and developing metrics based on current business performance and trends.

The candidate will be responsible for providing financial support to several Value Streams within the Andover factory and managing a total of approximately $60M in Expense. Interfacing with various business counterparts such as business unit controllers/analysts, financial planning analysts, cross business team analysts, external stakeholders as well as members of the Raytheon Manufacturing leadership.

What You Will Do:

  • Support in-country financial operations and financial activities

  • Develop and publish quarterly Estimate at Completion financial packages, including variance analysis and identification of risks and opportunities

  • Provide financial guidance and solutions to customers

  • Provide cost, schedule, financial analysis/reporting, funding planning, maintenance utilizing standard company tools and processes

  • Review financial reports and presentations for accuracy and completeness

  • Coordinate activities between numerous cross-functional groups and clearly communicate status and identified risks

  • Ensures systematic accuracy of charging, expenses and headcount allocations LATs as needed

  • Ensure full compliance of company policies and procedures

  • Identify and implement continuous improvement opportunities

Qualifications You Must Have:

  • Typically requires a Bachelor’s Degree in Finance, Accounting, Economics, Mathematics or related topic

  • Typically requires 5+ years finance work experience; OR an Advanced degree and 3+ years prior relevant experience

  • Experience with Raytheon business systems, including SAP, BW, RPlan, or similar systems

  • Experience with Earned Value Management (EVM) and/or Estimates at Completion (EACs)

  • Professional experience with Microsoft Office applications (Excel/PowerPoint/Outlook)

Qualifications We Prefer:

  • The confidence and courage to effectively lead, present, and participate in large and small meetings and status sessions, even when having to provide bad news or disagree with management

  • EAC experience strongly desired

  • Ability to quickly learn advanced financial and planning skills required by multitask requirements and to create support plans and schedules for small to large projects in a cross-functional environment

  • Strong leadership abilities, excellent speaking, and presentation skills

  • Experience in a factory environment including understanding the technical aspects of RMD Operations or similar operations

  • 2 years of experience in understanding the details of cost allocation over bases or amongst organizations or products

  • Problem solving abilities that bridge production realities to financial commitments

  • Advanced Excel skills (Power Query, Power Pivot, VBA, SQL).

  • Strong analysis skills and comfortable working with and analyzing large data sets

  • Ability to manage multiple priorities

What We Offer

  • Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

Learn More & Apply Now!

  • Please consider the following role type definition as you apply for this role. Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.

The salary range for this role is 82,000 USD - 164,000 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.

Hired applicants may be eligible for benefits, including but not limited to, 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. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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Company Details
Raytheon Technologies
870 Winter Street
Waltham, Massachusetts 02451 USA
www.rtx.com/
878 Open Jobs Available
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It includes four industry-leading businesses—Collins Aerospace, Pratt & Whitney...

Supported Manufacturers:
Bombardier

Supported Models:
Challenger, Global
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Job Info
Location
Andover, Massachusetts, United States
Type
Permanent
Company Details
Raytheon Technologies
870 Winter Street
Waltham, Massachusetts 02451 USA
www.rtx.com/
878 Open Jobs Available
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It includes four industry-leading businesses—Collins Aerospace, Pratt & Whitney...

Supported Manufacturers:
Bombardier

Supported Models:
Challenger, Global

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