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Job Title: Finance Manager

Location: UK Wide (Hybrid), must be willing to travel as and when business requires

Clearance Required: Current SC or eligible to gain clearance required

Duration: Permanent

Hours: Full time 37 hours

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; were building a community committed to safeguarding a safer and more connected world.

About the role:

Reporting to the Senior Finance Manager, Training, the successful candidate will manage a small team of qualified and part qualified accountants. The Finance Manager will be responsible for providing high quality business partnering and accurate, actionable financial analysis and insight to the training business team and to Finance leaders.

The individual must have the resilience to work in a pressured environment and will be relied upon to provide proactive strategic input and leadership across the Business Programme Finance team. The individual will ensure compliance with financial governance and policy requirements; 5 year plan strategic planning; project accounting (EACs); monthly business forecasting and reporting; balance sheet reviews; cash and foreign exchange management.

Main Duties:

• Responsible for financial management, reporting and forecasting on key metrics including but not limited to: Bookings, Sales, Profit, Cash, Functional Budgets and New business investment 
• Support the business in establishing Annual operating plans and long-range plans and support the business in delivering its commitments
• Support new business proposals for Gate Reviews including advising on: pricing strategy, basis-of-estimate generation; foreign exchange management; risk and opportunities management; and contract negotiation support.
• Develop meaningful financial analysis to support new business investment decisions and pricing
• Management of Quarterly Estimate at Completion (EAC) processes including high profile fixed price programme with complex commercial and financial arrangements
• Ensure that all customer deliverables are met including standard monthly, quarterly deliverables as well as ad-hoc requests and decision support
• Ensure that all 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
• Act as the “financial conscience” of the business and ensure Business and Financial Policy adherence
• Act as the Strategic Finance Business Partner for the Business Team and its Functional leaders, ensuring that finance is at the heart of the business
• Work closely with the wider Finance Team to ensure seamless communication on financial issues
• Establish and maintain relationships with US business counterparts ensuring that weekly updates, monthly updates are accurate and complete
• Champion best practice and look to improve systems and processes
• Management and development of Financial Analysts to build/maintain a high performing business partner team to support the Sensors business.
• 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 to shape decision making and business strategy
• 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
• Develop, communicate, and drive the operational tempo and requirements of the monthly and quarterly programme financial measures & controls, management reporting and analysis for the business Finance team, ensuring all stakeholders are clear on their commitments and the timeline for delivery

Candidate Requirements:

Essential:

• Qualified/ Part qualified accountant (CIMA preferred) with proven relevant commercial experience in a similar defence or complex contracting environment
• Experience interfacing and conducting business with various functional disciplines across a matrix organisation
• Resilience to work in a fast-paced, changing organisation
• Commercially astute and adept at strategic planning
• Ability to turn complex financial data into management information, including relevant recommendations that align to the business’s strategic objectives
• Proven ability to actively drive resolution on critical business challenges and key issues
• Financial leadership experience or related experience
• Pro-active, Hands-on approach with the ability to delegate where required
• “Can-do” attitude with a desire to go that “extra mile” to deliver
• Agent for change and process improvement
• Willingness to travel to multiple sites when required
• First class communicator with excellent stakeholder management ability
• Proven staff management experience with the enthusiasm and motivation to develop junior staff.
• Proactive, analytical and inquisitive.
• Excellent communication and presentation skills.

Desirable:

• Systems Experience in SAP, COGNOS and Advanced Excel
• Experience of effective management of programmes using Earned Value Management (EVM)

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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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