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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 Estimating and Pricing is seeking a strong candidate for an Estimating & Pricing Principal Specialist position. The qualified candidate will partner and support proposal activity for the Advanced Products & Solutions (AP&S) programs in McKinney, TX.  This position provides a tremendous growth opportunity for an ambitious individual to partner with the program leadership team, as well as Program / Capture Managers, Finance, Technical Leads, and functional support.

This position is located in McKinney, TX.

What You Will Do

• Plan and schedule proposal efforts.
• Participate in proposal pricing activities & Cost Volume Development by providing support for all phases of the proposal process - proposal development through negotiations.
• Compile cost, schedule and technical elements in the development of proposals in accordance with the Request for Proposal (RFP) specifications and compliant with Federal Acquisition Regulations (FAR).
• Coordinate the collection and accumulation of cost, scheduling and performance elements from functional departments,
• Analyzes BOMs and BOEs ensuring reasonableness, adequate rationale and proper backup data,
• Research and analyze historical data to support proposal efforts,
• Review cost input for reasonableness.
• Prepare and present internal management reviews up to the Director level in accordance with the proposal schedule,
• Coordinate activities and participate in fact-finding meetings,
• Participate in should-cost and pricing reviews with management and customer representatives,
• Support DCAA proposal audits,
• Participate as a member of the contract negotiating team,
• Provide direction/functions as an advisor to subordinate teammates to meet all objectives required for proposal preparation and monitors daily operations,
• Ensure all applicable parties (e.g., Engineering, Subcontracts, program management and other E&P colleagues) collaborate toward accurate, current and complete proposal submissions.

Qualifications You Must Have

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years’ experience
• Experience with skills such as Proposal Development and/or Cost Volume Management
• Experience with Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), (TINA) and/or other Government Procurement regulations as they pertain to Bid/Cost proposals
• Experience with common industry pricing tools and technology such as but not limited to ProPricer, ACES, MS Office (specifically Excel), etc.

Qualifications We Prefer

• Experience with industry estimating and pricing concepts, policy, practices and procedures
• Experience with CAS & Disclosure Requirements including TINA
• Must have strong verbal and written communication skills, as well as the ability to interact with senior levels of management and customer organizations
• High attention to detail and accuracy.
• Proficient with MS Office (Excel, Word, and PowerPoint).
• Strong financial acumen gained through academic achievement or employment.
• Analytical reasoning with the ability to research issues to resolution.
• Excellent communications skills.
• Ability to adapt to changing requirements and demanding schedules.
• Ability to work in a team environment.
• Ability to support the DCAA/DCMA audit process
• Develop solutions to a variety of problems of significant scope and complexity
• Must be able to learn processes quickly and apply knowledge to unique situations
• Must be flexible and deal with a wide range of work assignments
• Ability to work independently as well as part of a team
• Self-motivated and able to work through problems with minimal supervision
• Strong mathematical and financial analysis skills
• Organized, ability to manage time and prioritize workload

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!

• 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.

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 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.

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