Principle Specialist Finance HSMC

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The Hot Section Module Center South (HSMC-S) Principle Specialist is responsible for providing a broad range of financial support to the Hot Section Module Center organization. This position in Operations Finance puts you close to the product, understanding how Pratt & Whitney chooses to source and/or to manufacture our product within our world class factories. The position offers great exposure to our factory environment and everything that goes along with delivering some of the most advanced aerospace parts in the industry. The position offers exposure to senior shop leadership while also allowing you to interact with numerous organizations across Pratt & Whitney; Finance, Engineering, Quality, Procurement, Programs, Planning, as well as the factory and cell floor leads within Operations.

Key Responsibilities:

Provide financial support and daily reporting for all HSMC-S sites in Connecticut, New York and Pennsylvania

Support the Controller and Assistant Controller with the monthly shop forecast process, working closely with the Business Unit Leaders (BULs), including contribution margin, aged inventory reserves, cost per hour, shop workload, and manpower planning

Manage and track shop performance against forecasted key performance indicators (KPIs), and provide weekly status updates to Operations Leadership team

Drive process improvement in the monthly and annual forecasting processes

Proactively develop risks and opportunities with OEM Operations leadership, and ensure timely communication to the HSMC Operations finance team

Assist in developing financial and strategic guidance on efforts related to shop volume, manpower planning, labor metrics, operating expenses, cost per hour, inventory accrual burndown and part cost

Play a key role in the annual and long range plan forecasting processes for contribution margin, aged inventory reserves, cost per hour, shop workload, and manpower planning

Develop tools and processes to manage monthly operating expenses, and drive ownership with BULs / Operations team

Develop tools to automate processes, not limited to daily and monthly reporting, utilizing DT solutions such as Power BI or Qlik

Work with Operations / Engineering to develop business cases for capital investment projects across HSMC to ensure they reflect cost savings and achieve target Return On Investment.

Partner with Global Supply Chain on make/buy financial analysis and recommendations for sourcing decisions

Provide financial support and analysis on all Hot Section Module Center cost reduction projects in support of NGPF and F135 War on Cost activities

Monitoring and oversight of Pratt & Whitney ethics and internal control policies (Sarbanes Oxley, P&W Standard Procedures, RTX Code of Ethics) to ensure 100% compliance

Basic Qualifications:

Bachelor’s Degree in Finance, Accounting or Business Administration and 5 years of relevant experience in finance; OR advanced degree and 3 years of relevant experience

US Citizenship is required due to government contracts

Preferred Qualifications:

Strong communication skills and ability to work on cross-functional teams

Self-starter who enjoys a dynamic work environment

Highly adaptable team player with excellent interpersonal skills

Well organized person, able to plan, forecast, and track progress and to use written, verbal, and analytical skills to influence business objectives

Proficiency or previous experience with Excel, SAP, HFM and Business Warehouse

Pratt & Whitney is working to once again transform the future of flight—designing, building and servicing engines unlike any the world has ever seen. And because transformation begins from within, we’re seeking the people to drive it. So, calling all curious.

Come ready to explore and you’ll find a place where your talent takes flight—beyond the borders of title, a country or your comfort zone. Bring your passion and commitment and we’ll welcome you into a tight-knit team that takes our mission personally. Channel your drive to make a difference into shaping an organization and an industry that’s evolving fast to the future.

Innovation through diversity of thought. At Pratt & Whitney, we believe diversity of thought enables creativity, innovation, and a foundation for inclusion. By fostering an inclusive culture, we accept a shared accountability and responsibility to recognize, sponsor, coach, hire and promote talent equally. We welcome our employees to be their whole - best - selves at work because trust, respect and integrity, are a part of our DNA.

At Pratt & Whitney, the difference you make is on display every day. Just look up. Are you ready to go beyond?

What is my role type?

In addition to transforming the future of flight, we are also transforming how and where we work. We’ve introduced role types to help you understand how you will operate in our blended work environment. This role is:

Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance workers, as they are essential to the development of our engines.

Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. This means that responsibilities of the job need to be performed onsite on a regular basis.

Remote: Employees who are working in Remote roles will work primarily offsite (from home).

Candidates will learn more about role type and current site status throughout the recruiting process. For onsite and hybrid roles, commuting to and from the assigned site is the employee’s personal responsibility.

Requires advanced knowledge of work area typically obtained through advanced education combined with experience. May have practical knowledge of project

management. Practical to substantial knowledge of RTX projects, programs or systems with the ability to make enhancements and leverage in daily work.

Typically requires:

A University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience

Engineering/Other Technical Positions:

Typically requires a degree in Science,Technology, Engineering or Mathematics (STEM) and a minimum of 5 years of prior relevant experience unless prohibited by local laws/regulations.

Raytheon Technologies 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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