At a Glance
- Tasks: Support project finance, manage budgets, and ensure accurate client billing.
- Company: Join Raytheon UK, a leader in defence and aerospace technology.
- Benefits: Competitive salary, 25 days holiday, flexible working, and enhanced family policies.
- Other info: Enjoy a collaborative culture with opportunities for professional development.
- Why this job: Make a real impact on national security while growing your career.
- Qualifications: Strong organisational skills and understanding of finance; ERP experience is a plus.
The predicted salary is between 40000 - 50000 £ per year.
Date Posted: 2026-05-26
Country: United Kingdom
Location: Gloucester, South Gloucestershire
Position Role Type: Hybrid
Job Description
Grade: P2
Function: Programme Management
Location: Barnwood, Gloucester – hybrid working
Security Clearance Required: SC - Currently SC Cleared
Duration: Full time permanent
Hours: 37hrs per week
Raytheon UK
At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence. Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do.
About the role:
In this role you’ll play a key part in the PMO function providing financial assurance and enabling Project and Programme Managers to make key business decisions. Key duties include:
- Approving expenses
- Ensuring accurate, timely client billing
- Performing variance analysis to prevent cost overruns
- Assisting with forecasting and tracking profitability throughout the project lifecycle
You’ll collaborate with the wider business functions including Finance, Commercial and Senior Leaders. The function has opportunities for career and professional development. You’ll support the delivery of projects and play an influential role within a collaborative culture for project success.
You’ll join a collaborative, forward-thinking organisation where project finance is seen as the cornerstone of the Project Management Office. We offer real ownership, visibility and the chance to help shape and influence how project decisions and directions from a financial perspective. You’ll work closely with experienced project and finance professionals, gain exposure to varied and interesting projects and have clear opportunities to grow your skills and career.
Skills and Experience:
- Excellent organisation skills and time management
- Strong understanding of budgets, forecasting and cost control
- Thrive in fast-paced environments with the ability to manage multiple workstreams, reports and deadlines
- Exceptional attention to detail, ensuring data accuracy and completeness in reports and records
- Confident communicator who can interact with stakeholders at all levels
- Ability to explain financial information clearly to non-finance stakeholders
- Proficiency in ERP systems (e.g., SAP) and advanced MS Excel skills
- Finance certification desirable but not essential
Responsibilities:
- Budget and cost control through weekly monitoring of labour/expenses
- Document and records management via maintaining accurate, up-to-date documentation
- Financial Reporting by assisting the Project Managers with quarterly EACs
- Support new business opportunities through financial modelling
- Invoicing and billing of Monthly approval of client billing for all costs/expenses
- Submit forecasts to clients in line with deadlines
Benefits and Work Culture:
- Competitive salaries
- 25 days holiday + statutory public holidays, plus opportunity to buy and sell up to 5 days
- Contributory Pension Scheme (up to 10.5% company contribution)
- Company bonus scheme (discretionary)
- 6 times salary ‘Life Assurance’ with pension
- Flexible Benefits scheme with extensive salary sacrifice schemes
- Enhanced sick pay
- Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave
Work Culture:
- 37hr working week, although hours may vary depending on role
- Early 1.30pm finish Friday
- A grownup flexible working culture that is output-focused
- Up to 5 paid days volunteering each year
RTX Raytheon UK is a landed company and part of the wider RTX organisation. Headquartered in Arlington, Virginia, USA, but with over 180,000 employees globally across every continent, RTX provides advanced systems and services for commercial, military and government customers worldwide.
RTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, colour, religion, gender, sexual orientation or identity, national origin, age, disability, protected veteran status or any other characteristic protected by law.
SC Cleared Project Analyst Gloucester employer: RTX
At Raytheon UK, we pride ourselves on being a leader in defence and aerospace technology, offering a collaborative and innovative work environment in Gloucester. Our commitment to employee growth is evident through abundant professional development opportunities, competitive salaries, and a flexible working culture that prioritises output over hours spent at the desk. Join us to be part of a community dedicated to national security while enjoying benefits like enhanced family policies, generous holiday allowances, and the chance to make a meaningful impact in your career.
StudySmarter Expert Advice🤫
We think this is how you could land SC Cleared Project Analyst Gloucester
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Raytheon UK on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching common project analyst scenarios. Think about how you'd handle budgeting and cost control in real-life situations. We want you to show off your problem-solving skills!
✨Tip Number 3
Practice your communication skills! You’ll need to explain financial info clearly to non-finance folks. Try explaining a complex budget to a friend who knows nothing about finance – it’s a great way to prepare.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace SC Cleared Project Analyst Gloucester
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Project Analyst role. Highlight your experience with budgets, forecasting, and cost control, as these are key aspects of the job. We want to see how your skills align with what we're looking for!
Showcase Your Communication Skills:Since you'll be interacting with stakeholders at all levels, it's important to demonstrate your communication prowess. Use clear and concise language in your application to show us you can explain financial information effectively, even to non-finance folks.
Highlight Your Attention to Detail:Attention to detail is crucial for this role, especially when it comes to financial reporting and documentation. Make sure to mention any relevant experiences where you've had to ensure data accuracy and completeness in your previous roles.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll find all the details you need right there. Plus, it shows us you're keen on joining our team!
How to prepare for a job interview at RTX
✨Know Your Numbers
As a Project Analyst, you'll be dealing with budgets and financial reports. Brush up on your financial terminology and be ready to discuss how you've managed budgets or performed variance analysis in the past. This will show that you understand the core responsibilities of the role.
✨Showcase Your Organisation Skills
With the need for excellent organisation and time management, prepare examples of how you've successfully managed multiple workstreams or tight deadlines. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your ability to thrive in fast-paced environments.
✨Communicate Clearly
You'll need to explain financial information to non-finance stakeholders, so practice simplifying complex concepts. During the interview, demonstrate your communication skills by clearly articulating your thoughts and ensuring you engage with your interviewers, making it a two-way conversation.
✨Familiarise Yourself with ERP Systems
Since proficiency in ERP systems like SAP is mentioned, if you have experience with these tools, be prepared to discuss it. If not, do a bit of research on how they function and their relevance in project finance. Showing initiative in learning about these systems can set you apart from other candidates.
