Principal Financial Analyst - Program Finance (Riyadh)

About the role

Raytheon Saudi Arabia is looking for a Principal Specialist Financial Analyst to support its Saudi Arabia Programs portfolio. The role is for a seasoned professional who works autonomously with limited oversight and acts as a strategic business partner to program and functional leadership across active in-Kingdom programs. It sits at a level that directly impacts operational results within the finance work area.

Key responsibilities

• Program finance and controls: prepare weekly and monthly program financial reports and customer deliverables, own monthly sales, profit and cash forecasting, lead quarterly Estimates at Completion (EAC) development, perform variance analysis to budget baselines, develop and maintain Work Breakdown Structures, and support cost CDRLs, IPMRs and CFSRs.
• Proposal support: support proposal cost development and basis of estimate preparation for new business opportunities.
• Indirect rates analysis: analyze overhead, G&A and fringe rates against budgeted and forecasted pools and bases, support forward pricing rate estimates, assess the impact of rate variances on EAC, and reconcile actual indirect charges with applied rates.
• Leadership and collaboration: coach and review junior finance professionals, influence financial policies and practices, present financial analysis to senior leadership, and support ad hoc investigations and special projects.

Required profile

• University degree in Finance, Accounting, Business, Economics or a related field from a recognized Saudi or international university, with at least 5 years of relevant finance or accounting experience, or an advanced degree with at least 3 years of experience.
• Demonstrated experience in program financial analysis, EAC development or cost controls in a project- or contract-based environment.
• Strong verbal and written communication in English, including presenting to senior leadership.
• Preferred: EVM experience on government or defense contracts, knowledge of government contracting financial requirements, experience coaching junior finance staff, continuous improvement mindset, and a background in aerospace, defense or government contracting finance.

Required skills

• Advanced proficiency in Microsoft Excel and PowerPoint.
• Experience with SAP or equivalent ERP/financial systems.
• Preferred: OneStream, SAP Business Warehouse or similar financial planning tools.