Jason Pitts Email & Phone Number

Fort Worth, Texas, United States

Fort Worth, Texas, United States

-Lead and develop a team of managers and analysts responsible for monthly forecasts, month end processes, annual operating and long-range plans, quarterly program reviews, cost analysis, earned value and government reporting.-Team with Program Management, Contracts, Manufacturing and Supply Chain to report, track and improve cost positions.-Deliver quarterly financial presentations to Textron CFO for all programs under my purview.-Develop budgets for supplier negotiations, discuss negotiation strategies and directly negotiate as needed to help reduce material costs. - Negotiate domestic and foreign customer contracts with Contracts and Program teams.

Fort Worth, Texas, United States

-Oversaw team responsible for commercial aircraft pricing, proposal support, revenue recognition and forecasting, month end process, cost analysis and control.-Trained the revenue team on trade finance, developed direct bank relationships to obtain competitive pricing on letters of credit and leveraged discounting through letters of credit to drive improved pricing in aircraft negotiations.-Developed valuation models and negotiation strategies shared with Supply Chain organization to provide budgets and direct negotiation support as needed. -Supported executive level gate reviews on sales proposals to determine pricing boundaries, win strategies and financial impact.-Supported international sales and program negotiations including a collaborative upgrade and global joint production of the 412EPX.

Fort Worth, Texas, United States

-Managed a supervisor and team of analysts that coordinated with Sales, Operations, and Contracts to ensure timely delivery and revenue recognition for commercial aircraft, manage Sales incentive payments and overhead budget control. -Forecasted sales and cash of approximately $1 billion commercial business unit as part of long term annual and quarterly planning, and weekly operational management. -Evaluated pricing, payment terms and contract terms, such as incoterms and risk of loss, of proposals. -Directed the efforts of a cross functional team to define requirements, develop, test, and implement an SAP solution to the commercial aircraft sales process involving sale orders, backlog reporting and invoicing.-Coordinated with Corporate Treasury Department to establish and manage cash flow hedges of contracts in foreign currencies and bank guarantees required for government purchases.

Fort Worth, Texas, United States

-Provided overall financial analysis, budgeting, forecasting and program scheduling support for the 505 development program by leading a team of Financial Analysts and Program Schedulers. -Developed internal capital acquisition request and maintained the business case on the program at all stages of development and forecast for the Long Range Plan.-Managed the development of the program schedule and budget to ensure proper planning and tracking of execution through earned value including monthly metrics review and variance analysis.-Coordinated with Engineering and Procurement to drive towards recurring cost targets, assist in pricing of the aircraft and options, and report non-recurring and recurring cost performance. -Served as the finance representative on the program leadership team and provided insight and analysis to the executive leadership team in strategic program reviews.

Fort Worth, Texas, United States

-Developed the business case for a new commercial helicopter program to evaluate and make decisions concerning the design, supply chain, build approach and aftermarket strategy of the program.-Performed analysis and developed presentations for periodic financial and strategic reviews of the program with the executive leadership team.-Established non-recurring and recurring cost targets, and provided early forecasts and progress to goals through program metrics to program and finance leadership.

Fort Worth, Texas, United States

-Supported global initiatives by developing RFI responses for foreign government helicopter programs, performing foreign military sales market analysis, and evaluation of possible acquisitions.-Developed $500 million Bell offset offering for the Korean AH-X heavy attack helicopter proposal as a key offset team member. -Performed global statistical and strategic analysis and evaluation of Bell functional area plans for the Executive Summary of the annual corporate Strategic Business Review.

Fort Worth, Texas, United States

-Performed competitive research and analysis of the vertical lift industry related to market share, financial performance, product/technology development and overall strategy.-Conducted analysis of emerging markets world-wide to evaluate business expansion opportunities and methods of new market entry. -Participated as a core strategy team member in developing the Executive Summary and Financial Overview of the annual corporate Strategic Business Review presented to Textron leadership.

Fort Worth, Texas, United States

-Set scope of projects and managed a team of auditors implementing enterprise wide continuous controls monitoring initiatives, such as systematically identifying duplicate payments within SAP.-Led teams of up to five auditors and managed the highest risk IT audits from the Audit Committee-approved audit plan.-Communicated audit results to Business and Audit Management, including Chief Information Officers and Corporate Executive Management; worked with management to identify corrective actions.-Mentored staff/senior/guest auditors in the field.

Providence, Rhode Island, United States

-Performed industry and company reviews to assess a target industry, identify potential acquisition targets and present the findings to the Industrial Segment President and VP of Strategy and Business Development.-Developed guidelines for Corporate Strategy’s financial analysis of potential acquisition targets, including valuation calculations and a return on invested capital evaluation model.

Fort Worth, Texas, United States

-Developed and executed audit programs, in conjunction with audit supervisors, for the enterprise’s first network perimeter audit, media sanitization process review, and security awareness audit.-Led teams of up to three auditors at various Textron locations, ensuring proper execution of audits.

Fort Worth, Texas, United States

-Completed audits of the IT general controls environment of Textron’s businesses in varying industries and global locations.-Performed co-sourced SAP audits in conjunction with SAP experts from PricewaterhouseCoopers, and became the internal SAP subject matter expert.

Master Of Business Administration - Mba, 3.9

Activities and Societies: Dallas-Forth Worth Program

Bachelor Of Business Administration - Bba, Management Information Systems, General, 4.0

Activities and Societies: Second major in Radio/Television/Film