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FP&A Analyst *ONSITE*

Date Posted: 2024-11-15 Country: United States of America Location: MA600: Andover, MA 366 Lowell St 366 Lowell Street , Andover, MA, 01810-5423 USA Position Role Type: Onsite 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.Raytheon has an exciting opportunity for a highly motivated Financial Planning & Analysis (FP&A) analyst to join the Small to Mid Range Ground Based Air Defense (SMGBAD) team within the Land and Air Defense Systems (LADS) Mission Area. This rapidly growing business area will generate close to $2B in sales in 2025, up $200M year over year driven by robust demand from our international customer base. With 5 Strategic Business Units reporting into SMGBAD, this role is sure to be a challenging learning experience for the successful candidate.This position is in a fast paced, dynamic, and challenging environment with an emphasis on skills in forecasting, data analysis, and leadership communication. The successful candidate will be responsible for consolidating, analyzing, and forecasting financial metrics (bookings, sales, profit, cash, NBI, Overhead, Capital, Accounts Receivable, and Staffing).This role is being offered in an onsite capacity and is based on the needs of the business. Onsite work can be based out of Andover, MA, Tucson, AZ, McKinney, TX, Huntsville, AL, or El Segundo, CA. Relocation assistance is not being provided.What You Will Do:• Assist in period-closing activities and facilitate the weekly/monthly cadence across SMGBAD for inputs, reviews, and on-time submittal of deliverables to SMGBAD FP&A• Support accurate and timely analysis of financial performance, key metrics (bookings, sales, profit, and cash), elements of cost, IOT performance and forecast, and provide early identification and communication of issues impacting financial performance• Help coordinate the SMGBAD R&O process, driving predictability and accuracy• Provide support to SMGBAD Balance Sheet, Overhead, and Investment activities including Capital projects, IRAD projects, NBI spending, CFRs and ARs• Help drive the schedule for Annual Operating Plan (AOP) and Long-Range Plan (LRP) activities to meet the LADS deadlines• Drive efficiencies through process improvement and grow FP&A best practices across SMGBAD• Influence and collaborate with matrixed teams, functional peers, and leadershipQualifications You Must Have:• Typically requires a Bachelor’s degree in Finance, Accounting, Economics, Mathematics or related field & 5 years professional work experience in Finance; OR an Advanced degree and 3 years professional work experience in Finance• Experience in Financial Planning & Analysis (FP&A) or Program controls• Experience with financial systems (APEX, AO) or similar tools• Experience with Microsoft Office (Excel, Word, PowerPoint, or Project)• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirementsQualifications We Prefer:• Demonstrated ability to collaborate in a team environment and lead teams to success• Strong ability to self-manage / prioritize workload• Demonstrated ability to collect, synthesize, and distribute information through various lenses for decision making• Excellent written and oral communication skills• Ability to perform independently and in team environmentsWhat We OfferOur 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!RTX solves some of the toughest challenges in aerospace and defense. That requires expansive thinking and bold innovation – and that, in turn, requires a culture that is diverse, equitable and inclusive.We embrace individuality and diversity of thought to fuel opportunity for our employees, our customers, and our communities. We work toward progress, knowing that a more inclusive world is critical to our mission. Not just in this moment, but always.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 77,000 USD - 163,000 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/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.Privacy Policy and Terms:Click on this link to read the Policy and Terms
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Average salary estimate

$120000 / YEARLY (est.)
min
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$77000K
$163000K

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What You Should Know About FP&A Analyst *ONSITE*, RTX

Join Raytheon as an FP&A Analyst in Andover, MA, where your financial expertise will play a crucial role in our Small to Mid Range Ground Based Air Defense (SMGBAD) team. We’re a passionate group striving to make the world a safer place, and your analytic skills will support our mission as we gear up for a projected $2B in sales in 2025. In this vibrant environment, you’ll be closely integrated into various business units, driving efforts in forecasting, data analysis, and financial performance assessment. You’ll be involved in an array of tasks, from period-closing activities to assisting in the Annual Operating Plan processes. Utilizing your financial acumen, you’ll analyze key metrics like bookings and profits, ensuring that our projections are accurate and reflect the dynamic landscape we operate in. This role is ideal for someone who thrives in a fast-paced setting and is looking to develop best practices across the FP&A function. Your contributions will directly influence how we optimize our financial performance and enhance our operational efficiencies. Do you possess a Bachelor's degree in Finance with several years of relevant experience? If you have a knack for collaborating with diverse teams and a strong drive for continuous improvement in financial processes, we’d love to meet you. The role is onsite, ensuring you engage face-to-face with the team as we collectively work towards securing a brighter future. If you’re eager to take on a rewarding challenge and shape the future of defense systems at Raytheon, we encourage you to apply!

Frequently Asked Questions (FAQs) for FP&A Analyst *ONSITE* Role at RTX
What are the responsibilities of an FP&A Analyst at Raytheon?

As an FP&A Analyst at Raytheon, you will be crucial in consolidating and analyzing financial metrics like bookings, sales, and profit. You will assist with period-closing activities and ensure timely deliverables within the SMGBAD team, while also supporting the Annual Operating Plan and Long-Range Plan activities.

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What qualifications are required to become an FP&A Analyst at Raytheon?

To qualify as an FP&A Analyst at Raytheon, you typically need a Bachelor’s degree in Finance or a related field, along with five years of professional finance experience, or an Advanced degree with three years of experience. Familiarity with financial systems and proficiency in Microsoft Office tools is also essential.

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What skills are preferred for an FP&A Analyst at Raytheon?

Raytheon prefers candidates for the FP&A Analyst position who possess strong teamwork and leadership capabilities, along with the ability to prioritize workloads and communicate effectively. Experience in driving efficiencies and developing best practices within FP&A is also highly valuable.

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Is the FP&A Analyst position at Raytheon onsite?

Yes, the FP&A Analyst position at Raytheon is required to work onsite at our Andover, MA location, ensuring direct collaboration with teams in a dynamic office environment.

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What is the salary range for an FP&A Analyst at Raytheon?

The salary range for the FP&A Analyst position at Raytheon varies from $77,000 to $163,000, depending on experience, education, and specific skills related to the role.

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Common Interview Questions for FP&A Analyst *ONSITE*
Can you describe your experience with financial analysis?

When asked about your experience with financial analysis, you should provide specific examples of your roles in previous positions. Highlight the types of financial metrics you analyzed, the tools you used, and how your analysis impacted business decisions.

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How do you prioritize your work when dealing with multiple deadlines?

In your response, discuss your strategies for prioritization, such as using tools for task management, setting deadlines, and communicating with team members. Providing a specific instance where you successfully juggled deadlines will demonstrate your capabilities.

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What tools and systems are you familiar with for financial planning?

Share your familiarity with financial systems like APEX or AO, as well as proficiency in Microsoft Office, particularly Excel. Discuss how you've used these tools in your previous roles to enhance financial reporting and analysis.

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How do you ensure accuracy in your financial reports?

Emphasize the importance of double-checking your work, validating data from multiple sources, and collaborating with team members to ensure accuracy in reporting. Mention specific techniques you've adopted for minimizing errors.

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Describe a situation where you had to present financial information to a non-financial audience.

This is a great opportunity to showcase your communication skills. Share an example of how you translated complex financial data into understandable terms for stakeholders and the positive outcomes that resulted from that presentation.

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What experience do you have with forecasting and budgeting?

Discuss your involvement in the forecasting and budgeting processes, how you contributed to accuracy, and any tools or methodologies you've used. Highlight any challenges you overcame to achieve precise forecasts.

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How do you stay updated on financial regulations and industry trends?

Mention your commitment to continuous learning, such as attending workshops, completing online courses, or following relevant publications and news. Sharing specific examples of how you apply this knowledge in your work can strengthen your answer.

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Can you give an example of process improvement you've implemented in your past roles?

Describe a specific process you improved, what steps you took to implement the change, and how it enhanced efficiency or accuracy. Make sure to quantify results if possible, such as time saved or error reduction.

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How do you handle mistakes in financial analysis?

Discuss how you take accountability for your work, how you investigate the source of the mistake, and the steps you take to rectify the situation. Demonstrating a proactive mindset will show your commitment to accuracy.

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What do you think is the biggest challenge in FP&A today?

Reflect on current trends in financial planning, such as technological advancements or changes in regulatory environments. Share your opinion on how FP&A professionals can adapt to these challenges and remain effective.

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RTX is comprised of three market-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – working as one to answer the biggest questions and solve the hardest problems in aerospace and defense. At RTX, we're a diverse team of explor...

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Full-time, on-site
DATE POSTED
December 19, 2024

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