Finance Manager

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Raytheon UK has an exciting new opportunity for a Finance Manager to join our team, largely based in Harlow.

As Finance Manager, you will manage and develop a small team of qualified and/or part qualified accountants within our Weapons Programme finance team. You will be responsible for providing high quality business partnering and accurate, actionable financial analysis and insight to the business team and to finance leaders across Raytheon UK and US.

Our Finance Manager will be relied upon to provide proactive strategic input and leadership across the Weapons Programme. The individual will ensure compliance with financial governance and policy requirements; monthly business forecasting; AOP and 5-year strategic planning; project accounting (EACs); investment; balance sheet reviews; cash and foreign exchange management.

You must be eligible and willing to gain BPSS and SC clearance.

Key Responsibilities

• Partner and act as the Strategic Finance Business Partner for the Programme Team and its Functional leaders, ensuring that finance is at the heart of the business
• Responsible for financial management, reporting and forecasting on key metrics including but not limited to: Bookings, Sales, Profit, Cash, Productivity, Cost of Sales mix and New business investment
• Understand and communicate the link between programme and financial performance across the business providing insight into the numbers for business leads and key stakeholders helping shape decision making and business strategy
• Support the Programme in establishing Annual Operating Plans (AOP) and Long-Range Plans (LRP) ensuring interlock with functions
• Support new business proposals for Gate Reviews including pricing strategy, basis-of-estimate generation; foreign exchange management; risk and opportunities management; investment and contract negotiation support.
• Management of Quarterly Estimate at Completion (EAC) processes including high profile fixed price programmes with complex commercial and financial arrangements
• Ensure financial processes are delivered on time and well understood by the business and other key stakeholders including Risk and Opportunity Management, Earned Value Management, Forecasting
• Line manage and develop team members to maintain a high performing business partner team
• Act as the “financial conscience” of the business and ensure Business and Financial Policy adherence
• Champion best practice and look to improve systems and processes.
• Work closely with the wider Finance Team and collaborate on cross functional improvement projects.
• Actively promote the importance of accuracy, predictability and value add analysis across all finance deliverables, promoting where possible the importance of financial data and information

Required Experience

• Qualified accountant (CIMA/ACCA) with relevant commercial experience in a similar defence or complex contracting environment
• Previous experience in a business partnering role, interfacing and conducting business with various functional disciplines across a matrix organisation
• Commercially astute and adept at strategic planning
• Line Management experience
• Current holder of or eligibility to obtain security clearance

Desirable Experience

• Proven ability to actively drive resolution on critical business challenges and key issues
• Excellent systems skills – SAP, COGNOS Enterprise Planning and Business Intelligence, Power BI
• Experience in programme environment with knowledge of accounting for long term contracts, including Estimate at Completion
• Excellent presentation skills. Comfortable with data and detail, but having the ability to extract high level messages to support business decisions.

Benefits and Work Culture

• 37hr working week with early finish Fridays - start your weekend early!
• An informal, flexible working culture that is output focused
• 25 days holiday + statutory public holidays, plus opportunity to buy and sell up to 5 days and up to 5 paid days volunteering
• 10.5% company pension contribution with 6% employee contribution
• Annual company bonus scheme (discretionary)
• Private Medical Insurance (grade dependent)
• 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

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.

RTX

Raytheon UK is a landed company and part of the wider RTX organisation. Headquartered in Arlington, Virginia, USA, but with over 180,000 employees globally across every continent, RTX provides advanced systems and services for commercial, military and government customers worldwide and comprises three industry-leading businesses – Collins Aerospace Systems, Pratt & Whitney, and Raytheon.

Supporting over 35,000 jobs across 13 UK sites, RTX is helping to drive prosperity. Each year our work contributes over £2.7bn to the UK economy and offers a wealth of opportunities to 4,000 suppliers across England, Scotland, Wales and Northern Ireland. We’re investing in all corners of the country, supporting 29,040 jobs in England, 3,040 in Northern Ireland, 1,900 in Scotland and 1,600 in Wales.

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RTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, color, religion, gender, sexual orientation or identity, national origin, age, disability, protected veteran status or any other characteristic protected by law.  

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