Principle Specialist, Estimating & Pricing (Hybrid)
Country:United States of America
Location:UT207: 1127 West 2320 South, West Valley City, UT, 84119 USA
Position Role Type:Hybrid
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.
Diversity at Raytheon is about inclusiveness — providing an atmosphere where everyone feels valued and empowered to perform at a peak level, regardless of the many ways people are different, including but not limited to age, race, gender, sexual orientation, family history or physical ability.
If you are excited about pricing and contracts negotiations, we have an exciting opportunity for a Principal Specialist, Estimating & Pricing who will be the primary pricer on complex efforts under minimal supervision. Additionally, the role will lead the pricing activities in the absence of the department manager.
Act as the customer interface for issues concerning proposal development, fact‐finding & negotiations as needed
Support proposal risks and opportunity assessments performed by the proposal leadership team
Assess Request For Proposal (RFP) Cost Volume requirements & translate those requirements into a fully compliant cost proposal
Manage relationships with multiple internal customers across all Raytheon sites
Analyze Bill of Materials (BOM) and Basis of Estimates (BOE) ensuring they are reasonable, provide adequate rationale and proper backup data
Ensure all aspects of cost e.g., BOM, BOE, Subcontracts, Labor, etc. are represented in the cost proposal
Accurately interpret and apply rules and regulations e.g., Federal Acquisition Regulations (FAR)/Defense Federal Acquisition Requirements Supplement (DFARS), Cost Accounting Standards (CAS), Truth in Negotiations Act (TINA), etc.
Assist in creating well‐written BOEs for the cost volume
Support cost audits and price negotiations
Manage proposal administration in accordance with Raytheon Bid Estimating Manual and bidding processes
Interpret and apply policies and procedures e.g., Cost Estimating Manual, Internet of Things (IOT), Consistency in Estimating, Overhead and General & Administrative (G&A) Rates, etc.
U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements
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
Required Skills & Experience:
5 years experience in current estimating system policies & procedures
5 years experience working with business accounting structures, disclosure statements, and rate applications (e.g., direct and indirect labor rates, overhead rates, fringe and G&A, etc.)
3-5 years experience working with Microsoft Office suite (Word, PowerPoint, Excel, etc.)
Understanding of Estimating and Pricing’s role in the proposal process
West Valley City, UT (Hybrid)
Relocation assistance is not available
What We Offer:
Whether you’re just starting out on your career journey or are an experienced professional, we offer a variable work schedule, along with a robust total rewards package that goes above and beyond with great compensation, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, EAP, education assistance, parental leave, paid time off, and holidays.
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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