Specialist, GTF Aftermarket Finance (Remote)

Date Posted:

2024-11-20

Country:

United States of America

Location:

PW208: Connecticut Remote Remote Location , Remote City, CT, 06035 USA

Position Role Type:

Remote

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?

We have an exciting remote opportunity for a Principal Specialist, GTF Aftermarket Finance!

What You Will Do:

P&W Commercial GTF Aftermarket Finance is looking for a Specialist to oversee and engage in a wide range of contract management and financial planning and analysis activities, including: contract estimate at completion (EAC) and variance analysis, financial planning and forecasting, customer proposals and analysis, and controls and compliance. 

The Specialist will report directly to the Associate Director of GTF Aftermarket Finance and will provide critical financial support to the Director, GTF AM and to the Executive Director, GTF AM. 

You will work closely with the fleet manager for each of their respective contracts and work effectively within a cross functional team from Engineering, Customer Management, Sales, and Operations Analytics. With a P&L of over $2B in annual revenue and over $75B of backlog, GTF AM is setting the strategy for the future of Commercial Engines.

Key Responsibilities:

• Calculate and analyze contract estimates at completion (EACs) for multiple fleet management contracts in the GTF engine portfolios.
• Prepare and present all financial analysis related to the contract EACs to P&W Executive leadership and external auditors.
• Prepare and present all financial analysis related to specific customer proposals and contract restructuring activities.
• Coordinate all monthly, quarterly, and annual closing activities including the consolidation and submission of actual financial results for multiple fleet management contracts.
• Coordinate all MML and OMM planning activities for P&W Engine Services including the consolidation, submission, and presentation of all short and long term forecasts for multiple fleet management contracts.
• Coordinate the annual rate recalculation for multiple fleet management contracts and provide necessary support for our invoicing vendor.
• Provide overall financial oversight for multiple fleet management contracts as well as ongoing support for the contract’s fleet manager.
• Leverage CORE tools for continuous process improvement plans.

Qualifications You Must Have:

• Bachelor’s degree in accounting or finance and 5+ years of experience in accounting or finance; OR an advanced degree in accounting or finance and 3+ years of experience in accounting or finance.
• Candidate must be a US Person (Green Card Holder or US Citizen) due to government contracts.

Qualifications We Prefer:

• Candidate must have strong financial and analytical skills.
• Must be able to communicate effectively through all levels of the organization.
• Must have a familiarity with multiple financial systems such as SAP.
• Candidate must be a self-motivated team player and possess the ability to work effectively and efficient with little direction while handling multiple high priority projects at any given time.

Learn More & Apply Now:

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:

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.

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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