Raytheon
Glenrothes, Fife
Job Title: Finance Manager - Rates & Government Accounting Function: FINANCE Duration: Permanent Hours: Full time 37 hrs Location(s): Harlow (Essex) or Glenrothes (Scotland) with Hybrid working with a minimum of 2 days a week on site. Security Clearance Requirements: SC Eligible Raytheon UK Rates submissions Owning Long Range Plan (LRP) and Annual Operating Plan (AOP) rates (absorption costing) cycles Developing and calculating, for all rate decks: The estimated and actual costing and pricing overhead and G&A rates that will be used to price bids and be charged to backlog contracts The estimated and actual average labour rates that will be used to price bids and be charged to backlog contracts Drive collaboration, focusing on outcomes, with Business Programme Finance (BPF) to maximise recoverability of R&D and bid costs through rates Effective problem solving and investigation skills are essential in providing solutions to unstructured challenges, such as new ways to perform strategic pricing Rates Management Be the single point of contact for rates analysis/reporting/queries. Developing and managing key relationships to deliver outcomes, such as: Liaising with Business Programme Finance (BPF) to understand all business labour, material, ODC, subcon, R&Os, and investment (NBI, CFR, inventory) drivers of the recovery position Liaising with Senior FM - Functional Business Partnering to understand all functional labour, utilisation, headcount and indirect cost drivers, R&Os, disallowables, depreciation, Corporate Brochure, RDEC and average labour rate impacts to the recovery position Providing BPF and FP&A with recovery forecasts/budgets and R&Os, along with detailed analysis, to support pre close, close and AOP/LRP planning cycles: Calculating under/over forecasts for all rate decks, for all forecast/budget cycles incorporating business, functional and Central Finance inputs Owning the consolidated R&Os register for rates (functional and business inputs) Regular partnering with Mission Area Leads / BPF to ensure that the recovery analysis provided is well understood, including: Owning and briefing Marketing & Selling recharge to the Business Owning and briefing disallowables recharge to the business Own ad hoc rates exercises, e.g. mid-year reforecasts. Responsible for managing net recovery what-if scenarios on changes to functional forecasts or business COS forecasts. Creating Leadership Team (LT) ops reporting for rates Owning control tower submissions Creating speaker notes for LT Ops Owning rates PowerBI dashboard. Ensuring it is maintained, reconciles to source systems, is continually improved, etc Maintaining COGNOS rates model. Collaborating with DT to ensure availability, and that system always reflects latest rate deck structure, e.g. allocations Owning systems related roll-out of new rates, e.g. SAP, PMX and COGNOS implications Supporting the implementation of new Finance Systems and associated processes as it relates to functional forecasting and rates Government Accounting: Ensure RSL's financial compliance with the Defence Reform Act (DRA) and Federal Acquisition Requirements (FAR) throughout the contract lifecycle, from bid to close out Own RSL's relationship with CAAS (UK MOD Auditors) Own RSL's relationship with the Single Source Regulations Office (SSRO) Own RSL's relationship with the Defence Contract Management Agency (DCMA) Be the single point of contact for CAAS, SSRO and DCMA: Manage, review and submit all reporting to these bodies, including, but not limited to, rates reporting, programme reporting and SME/Supplier Reporting Manage, review and submit all responses to requests from these bodies, including all audit activity Manage, review and submit all consultation responses to the SSRO Coordinate all programme reporting and programme audit activity with MOD Ensure that Finance, Commercial (and other functions as appropriate) are fully trained in all compliance issues Be the RSL SME for all DRA, FAR and reporting queries Attend industry groups, e.g. DSAG, to ensure that RSL are fully up to date with changes in the regulatory environment and that RSL interests are accounted for in industry responses to consultations Ensuring all estimated and actual pricing rates are negotiated and approved in a timely fashion Responding to queries from our internal and external auditors Team Planning/Comms: Plans repeatable and ad hoc rates, capex and change activities within Ops Finance team, ensuring all team members understand what is required, when, by whom Acts as the liaison between Ops Finance and BPF, FP&A & Central Finance. Ensures that monthly, AOP and LRP rates, capex & change calendars are incorporated fully into the wider finance/business calendar (and vice versa) and tracked against Planning and drafting Ops Finance communications aligned to calendar requirements, etc Candidate Requirements: We are looking for a qualified CIMA/ACCA/ACA Finance Manager with a defence background and who has relevant years' experience in a similar role. Excellent people manager (using both direct and indirect influencing skills). Experience of managing teams effectively Excellent presentational skills. Comfortable with data and detail but having the ability to extract high level messages. Experience of presenting to senior audiences Ability to work on concurrent issues/problems with multiple senior stakeholders and sources of information, both internal and external, under time pressure. Being able to prioritise effectively and having an agile mindset Strong communicator and networker with a thirst for understanding the business model, providing meaningful and actionable insight, critical thinking and an ability to think differently about existing problems. Previous experience of dealing one-to-one with both senior and external stakeholders and building relationships Excellent verbal and written communication skills, including the ability to explain financial concepts to non-financial staff Working in a programme environment / knowledge of accounting for long term contracts Knowledge of the Defence Reform Act and Federal Acquisition Regulations Experience with proposal processes such as RLPM/IPDS Knowledge of MoD procurement methodologies & DEFCONs Experience of working in a matrix organisation Understanding of Project reporting including EACs & EVMS Desirable skills: Negotiation experience and being an effective influencer Ability to own issues, and deliver effective outcomes Strong analytical and strategic thinking skillsets Creative and entrepreneurial, providing innovative solutions that drive value to the business Excellent systems skills, including SAP and Microsoft Office Excellent planning skills JBRP1_UKTJ
Job Title: Finance Manager - Rates & Government Accounting Function: FINANCE Duration: Permanent Hours: Full time 37 hrs Location(s): Harlow (Essex) or Glenrothes (Scotland) with Hybrid working with a minimum of 2 days a week on site. Security Clearance Requirements: SC Eligible Raytheon UK Rates submissions Owning Long Range Plan (LRP) and Annual Operating Plan (AOP) rates (absorption costing) cycles Developing and calculating, for all rate decks: The estimated and actual costing and pricing overhead and G&A rates that will be used to price bids and be charged to backlog contracts The estimated and actual average labour rates that will be used to price bids and be charged to backlog contracts Drive collaboration, focusing on outcomes, with Business Programme Finance (BPF) to maximise recoverability of R&D and bid costs through rates Effective problem solving and investigation skills are essential in providing solutions to unstructured challenges, such as new ways to perform strategic pricing Rates Management Be the single point of contact for rates analysis/reporting/queries. Developing and managing key relationships to deliver outcomes, such as: Liaising with Business Programme Finance (BPF) to understand all business labour, material, ODC, subcon, R&Os, and investment (NBI, CFR, inventory) drivers of the recovery position Liaising with Senior FM - Functional Business Partnering to understand all functional labour, utilisation, headcount and indirect cost drivers, R&Os, disallowables, depreciation, Corporate Brochure, RDEC and average labour rate impacts to the recovery position Providing BPF and FP&A with recovery forecasts/budgets and R&Os, along with detailed analysis, to support pre close, close and AOP/LRP planning cycles: Calculating under/over forecasts for all rate decks, for all forecast/budget cycles incorporating business, functional and Central Finance inputs Owning the consolidated R&Os register for rates (functional and business inputs) Regular partnering with Mission Area Leads / BPF to ensure that the recovery analysis provided is well understood, including: Owning and briefing Marketing & Selling recharge to the Business Owning and briefing disallowables recharge to the business Own ad hoc rates exercises, e.g. mid-year reforecasts. Responsible for managing net recovery what-if scenarios on changes to functional forecasts or business COS forecasts. Creating Leadership Team (LT) ops reporting for rates Owning control tower submissions Creating speaker notes for LT Ops Owning rates PowerBI dashboard. Ensuring it is maintained, reconciles to source systems, is continually improved, etc Maintaining COGNOS rates model. Collaborating with DT to ensure availability, and that system always reflects latest rate deck structure, e.g. allocations Owning systems related roll-out of new rates, e.g. SAP, PMX and COGNOS implications Supporting the implementation of new Finance Systems and associated processes as it relates to functional forecasting and rates Government Accounting: Ensure RSL's financial compliance with the Defence Reform Act (DRA) and Federal Acquisition Requirements (FAR) throughout the contract lifecycle, from bid to close out Own RSL's relationship with CAAS (UK MOD Auditors) Own RSL's relationship with the Single Source Regulations Office (SSRO) Own RSL's relationship with the Defence Contract Management Agency (DCMA) Be the single point of contact for CAAS, SSRO and DCMA: Manage, review and submit all reporting to these bodies, including, but not limited to, rates reporting, programme reporting and SME/Supplier Reporting Manage, review and submit all responses to requests from these bodies, including all audit activity Manage, review and submit all consultation responses to the SSRO Coordinate all programme reporting and programme audit activity with MOD Ensure that Finance, Commercial (and other functions as appropriate) are fully trained in all compliance issues Be the RSL SME for all DRA, FAR and reporting queries Attend industry groups, e.g. DSAG, to ensure that RSL are fully up to date with changes in the regulatory environment and that RSL interests are accounted for in industry responses to consultations Ensuring all estimated and actual pricing rates are negotiated and approved in a timely fashion Responding to queries from our internal and external auditors Team Planning/Comms: Plans repeatable and ad hoc rates, capex and change activities within Ops Finance team, ensuring all team members understand what is required, when, by whom Acts as the liaison between Ops Finance and BPF, FP&A & Central Finance. Ensures that monthly, AOP and LRP rates, capex & change calendars are incorporated fully into the wider finance/business calendar (and vice versa) and tracked against Planning and drafting Ops Finance communications aligned to calendar requirements, etc Candidate Requirements: We are looking for a qualified CIMA/ACCA/ACA Finance Manager with a defence background and who has relevant years' experience in a similar role. Excellent people manager (using both direct and indirect influencing skills). Experience of managing teams effectively Excellent presentational skills. Comfortable with data and detail but having the ability to extract high level messages. Experience of presenting to senior audiences Ability to work on concurrent issues/problems with multiple senior stakeholders and sources of information, both internal and external, under time pressure. Being able to prioritise effectively and having an agile mindset Strong communicator and networker with a thirst for understanding the business model, providing meaningful and actionable insight, critical thinking and an ability to think differently about existing problems. Previous experience of dealing one-to-one with both senior and external stakeholders and building relationships Excellent verbal and written communication skills, including the ability to explain financial concepts to non-financial staff Working in a programme environment / knowledge of accounting for long term contracts Knowledge of the Defence Reform Act and Federal Acquisition Regulations Experience with proposal processes such as RLPM/IPDS Knowledge of MoD procurement methodologies & DEFCONs Experience of working in a matrix organisation Understanding of Project reporting including EACs & EVMS Desirable skills: Negotiation experience and being an effective influencer Ability to own issues, and deliver effective outcomes Strong analytical and strategic thinking skillsets Creative and entrepreneurial, providing innovative solutions that drive value to the business Excellent systems skills, including SAP and Microsoft Office Excellent planning skills JBRP1_UKTJ
Raytheon
Glenrothes, Fife
Job Title: Senior Finance Analyst - Functional Business Partnering Function: Finance Duration: Permanent Hours: Full time 37 hrs Location(s): Harlow or Glenrothes/Hybrid with 1 or 2 days a week on site. Security Clearance Requirements: SC Eligible Raytheon UK At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence. Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do. Together, we are not just advancing technology; we're building a community committed to safeguarding a safer and more connected world. About the role: A key role supporting the Head of Finance - Operations to deliver business advice and coordinated management of functions, capital and opex investment. It will directly impact the profitability and competitiveness of the organisation and cuts across all functions and business, offering a wide exposure to senior leaders on both tactical and strategic issues. Responsibilities: Functional Business Partnering: Owning Business Partnering relationships with senior leaders and complex functions Functional headcount, utilisation and overhead forecasting & reporting to support the Integrated Business Planning (IBP), LRP, AOP and monthly cycles. Transform & standardise forecasting & reporting across the whole business Owning the functional plans/forecasts, driving performance versus annual plan/forecast and cost optimisation Prepping for and supporting the monthly SLT Rates Review Boards for all rate decks Drive interlock between functions and the business. Embed tactical workload forecasting into budgets and forecasts Supporting functional leads to create, manage, and monitor functional dashboards/metrics, service level agreements (SLAs) and service catalogues, to drive efficiency and operational performance Supporting Manufacturing operational planning by acting as the conduit for PM, BD and Ops teams. For example, linking sales/unit plans to touch and support hours, machine hours, supply chain, etc, to drive business growth, efficiency, and operational performance Supporting functional leads to create and manage zero based budgets and new and robust finance governance processes Inputting into the Risk and Opportunities register for rates Supporting Business Restructuring and Indirect Cost Optimisation Projects Supporting the implementation of new Finance Systems and associated processes as it relates to functional forecasting and rates Capex & Change: Support the consolidated capital and change forecast, driving performance versus annual plan/forecast Drive maximum ROI out of capex and change projects. Track benefit realisation of capex and change projects Supporting UK forecast for capitalisation of assets and the depreciation forecast aligned to the latest forecast capitalisation plan. Creating functional business cases and AR generation (inc. but not limited to Capex, Change and M&S), basis of estimate and make v buy Supporting the monthly SLT Investment Review Boards covering capex and change projects (AR spend v plan v approved AR, etc). Collaboration with key stakeholders to ensure all deliverables are met Supporting SLT AR Gate Reviews and approvals for UK and RCL. Reporting on and chasing actions and approvals progress Supporting AOP and LRP prioritisation process/meetings Supporting UK SLT reviews for material capex and change projects Inputting into the Risk and Opportunities register for investments Candidate Requirements: A University degree or equivalent CIMA / ACCA / ACA (or equivalent) part qualified Relevant years' experience in finance roles Excellent presentational skills. Comfortable with data and detail but having the ability to extract high level messages. Experience of presenting to senior audiences Ability to work on concurrent issues/problems with multiple senior stakeholders and sources of information, both internal and external, under time pressure. Being able to prioritise effectively and having an agile mindset Experience of working collaboratively within teams Excellent planning skills Strong communicator and networker with a thirst for understanding the business model, providing meaningful and actionable insight, critical thinking and an ability to think differently about existing problems. Previous experience of dealing one-to-one with both senior and external stakeholders and building relationships Ability to solve issues, and deliver effective outcomes Strong analytical and strategic thinking skillsets Excellent verbal and written communication skills, including the ability to explain financial concepts to non-financial staff Excellent systems skills, including SAP and Microsoft Office Working in a programme environment / knowledge of accounting for long term contracts Negotiation experience and being an effective influencer Creative and entrepreneurial, providing innovative solutions that drive value to the business Experience of working in a matrix organisation Understanding of Project reporting including EACs & EVMS Benefits and Work Culture Benefits Competitive salaries. 25 days holiday + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr) Contributory Pension Scheme (up to 10.5% company contribution) Company bonus scheme (discretionary) 6 times salary 'Life Assurance' with pension. Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work amongst others. Enhanced sick pay. Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave. Work Culture 37hr working week, although hours may vary depending on role, job requirement or site-specific arrangements. Early 1.30pm finish Friday, start your weekend early! Remote, hybrid and site based working opportunities, dependant on your needs and the requirements of the role. A grownup flexible working culture that is output, not time spent at desk, focussed. More formal flexible working arrangements can also be requested and assessed subject to the role. Please enquire or highlight any request to our Talent Acquisition team to explore the flexible working possibilities. Up to 5 paid days volunteering each year. JBRP1_UKTJ
Job Title: Senior Finance Analyst - Functional Business Partnering Function: Finance Duration: Permanent Hours: Full time 37 hrs Location(s): Harlow or Glenrothes/Hybrid with 1 or 2 days a week on site. Security Clearance Requirements: SC Eligible Raytheon UK At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence. Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do. Together, we are not just advancing technology; we're building a community committed to safeguarding a safer and more connected world. About the role: A key role supporting the Head of Finance - Operations to deliver business advice and coordinated management of functions, capital and opex investment. It will directly impact the profitability and competitiveness of the organisation and cuts across all functions and business, offering a wide exposure to senior leaders on both tactical and strategic issues. Responsibilities: Functional Business Partnering: Owning Business Partnering relationships with senior leaders and complex functions Functional headcount, utilisation and overhead forecasting & reporting to support the Integrated Business Planning (IBP), LRP, AOP and monthly cycles. Transform & standardise forecasting & reporting across the whole business Owning the functional plans/forecasts, driving performance versus annual plan/forecast and cost optimisation Prepping for and supporting the monthly SLT Rates Review Boards for all rate decks Drive interlock between functions and the business. Embed tactical workload forecasting into budgets and forecasts Supporting functional leads to create, manage, and monitor functional dashboards/metrics, service level agreements (SLAs) and service catalogues, to drive efficiency and operational performance Supporting Manufacturing operational planning by acting as the conduit for PM, BD and Ops teams. For example, linking sales/unit plans to touch and support hours, machine hours, supply chain, etc, to drive business growth, efficiency, and operational performance Supporting functional leads to create and manage zero based budgets and new and robust finance governance processes Inputting into the Risk and Opportunities register for rates Supporting Business Restructuring and Indirect Cost Optimisation Projects Supporting the implementation of new Finance Systems and associated processes as it relates to functional forecasting and rates Capex & Change: Support the consolidated capital and change forecast, driving performance versus annual plan/forecast Drive maximum ROI out of capex and change projects. Track benefit realisation of capex and change projects Supporting UK forecast for capitalisation of assets and the depreciation forecast aligned to the latest forecast capitalisation plan. Creating functional business cases and AR generation (inc. but not limited to Capex, Change and M&S), basis of estimate and make v buy Supporting the monthly SLT Investment Review Boards covering capex and change projects (AR spend v plan v approved AR, etc). Collaboration with key stakeholders to ensure all deliverables are met Supporting SLT AR Gate Reviews and approvals for UK and RCL. Reporting on and chasing actions and approvals progress Supporting AOP and LRP prioritisation process/meetings Supporting UK SLT reviews for material capex and change projects Inputting into the Risk and Opportunities register for investments Candidate Requirements: A University degree or equivalent CIMA / ACCA / ACA (or equivalent) part qualified Relevant years' experience in finance roles Excellent presentational skills. Comfortable with data and detail but having the ability to extract high level messages. Experience of presenting to senior audiences Ability to work on concurrent issues/problems with multiple senior stakeholders and sources of information, both internal and external, under time pressure. Being able to prioritise effectively and having an agile mindset Experience of working collaboratively within teams Excellent planning skills Strong communicator and networker with a thirst for understanding the business model, providing meaningful and actionable insight, critical thinking and an ability to think differently about existing problems. Previous experience of dealing one-to-one with both senior and external stakeholders and building relationships Ability to solve issues, and deliver effective outcomes Strong analytical and strategic thinking skillsets Excellent verbal and written communication skills, including the ability to explain financial concepts to non-financial staff Excellent systems skills, including SAP and Microsoft Office Working in a programme environment / knowledge of accounting for long term contracts Negotiation experience and being an effective influencer Creative and entrepreneurial, providing innovative solutions that drive value to the business Experience of working in a matrix organisation Understanding of Project reporting including EACs & EVMS Benefits and Work Culture Benefits Competitive salaries. 25 days holiday + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr) Contributory Pension Scheme (up to 10.5% company contribution) Company bonus scheme (discretionary) 6 times salary 'Life Assurance' with pension. Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work amongst others. Enhanced sick pay. Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave. Work Culture 37hr working week, although hours may vary depending on role, job requirement or site-specific arrangements. Early 1.30pm finish Friday, start your weekend early! Remote, hybrid and site based working opportunities, dependant on your needs and the requirements of the role. A grownup flexible working culture that is output, not time spent at desk, focussed. More formal flexible working arrangements can also be requested and assessed subject to the role. Please enquire or highlight any request to our Talent Acquisition team to explore the flexible working possibilities. Up to 5 paid days volunteering each year. JBRP1_UKTJ
