Principal Financial Analyst ( Riyadh )

Role Overview

Principal Specialist Financial Analyst role at RTX in Riyadh, Saudi Arabia. This is an onsite position located at 9054 Airport Rd, ROSHAN FRONT BLDG S1, supporting the Saudi Arabia Programs portfolio.

Company Overview

RTX is the world's largest aerospace and defense company with 185,000 employees united by purpose to solve the world's most complex problems. Raytheon, part of RTX, brings more than 100 years of experience and renowned engineering expertise to meet mission needs and stay ahead of emerging threats. The company delivers solutions that help nations and allies defend freedoms and deter aggression.

Role Purpose

This is a seasoned professional contributor role with advanced knowledge of program finance, financial planning and analysis, and indirect cost rate management. The successful candidate will work autonomously with limited oversight and serve as a strategic business partner to program and functional leadership across active in-Kingdom programs. This position directly impacts operational results within the finance work area.

Key Responsibilities

Program Finance & Controls

• Lead preparation of weekly and monthly program financial reports and customer financial deliverables.
• Own monthly sales, profit, and cash forecasting across assigned program portfolio.
• Lead quarterly Estimates at Completion (EAC) development including cost, schedule, risk, and opportunity analysis.
• Perform detailed variance analysis to budget baselines and communicate findings clearly to program and finance leadership.
• Develop and maintain Work Breakdown Structures (WBS).
• Support preparation of cost CDRLs including Integrated Program Management Reports (IPMRs) and Contractor Funding Summary Reports (CFSRs).
• Support proposal cost development and basis of estimate preparation for new business opportunities.

Indirect Rates Analysis

• Analyze and monitor indirect cost rates (overhead, G&A, fringe) against budgeted and forecasted pools and bases.
• Support development and maintenance of forward pricing rate estimates and submissions.
• Assess the impact of indirect rate variances on program cost positions and EAC development.
• Partner with accounting and estimating functions to reconcile actual indirect charges against applied rates.
• Identify trends and variances in indirect cost pools and communicate risks and opportunities to leadership.

Leadership & Collaboration

• Coach and review the work of junior finance professionals, providing guidance on deliverables, analytical approach, and professional development.
• Serve as a strategic business partner to program managers, contracts, engineering, and operations functions.
• Influence financial policies, practices, and procedures within the finance work area.
• Prepare and present financial analysis to senior program and finance leadership with clarity and confidence.
• Support ad hoc financial investigations, special projects, and senior leadership requests.

Qualifications & Experience

• University degree in Finance, Accounting, Business, Economics, or a related field from a recognized Saudi or international university with minimum 5 years of relevant finance or accounting experience, or an advanced degree in a related field with a minimum of 3 years of relevant experience.
• Demonstrated experience in program financial analysis, EAC development, or cost controls in a project- or contract-based environment.
• Experience with indirect cost rate structures, cost pool analysis, or forward pricing.
• Strong verbal and written communication skills in English, including experience presenting to senior leadership.

Skills & Competencies

• Advanced proficiency in Microsoft Excel and PowerPoint.
• Experience with SAP or equivalent ERP/financial systems.
• Experience supporting Earned Value Management (EVM) on government or defense contracts.
• Knowledge of government contracting financial requirements.
• Proven ability to manage small projects or processes within area of responsibility with limited oversight.
• Experience coaching or mentoring junior finance staff.
• Continuous improvement mindset with a track record of identifying and implementing process improvements.
• Experience with OneStream, SAP Business Warehouse, or similar financial planning tools.
• Background in aerospace, defense, or government contracting finance.

Additional Information

• Position type: Onsite.
• RTX adheres to the principles of equal employment and will give careful consideration to all qualified applications 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.