Principal Specialist, Program Cost Controls

Principal Specialist, Program Cost Controls

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Location:

TX190: 2501 West University, McKinney, TX, 75070 USA.

Date Posted: .

Position Role Type:
Remote.

U.S. Citizen, U.S. Person, or Immigration Status Requirements: U.S. citizenship is required.

Security Clearance:
None/Not Required.

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 boldness. 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.

Primary responsibilities will include, but not limited to, working and partnering with program managers and key functional stakeholders to ensure accurate weekly/monthly reporting, start-up activities (Baseline, Gate 5, PMX setup, etc.) on new awards, Estimate at Complete (EAC) & Latest Revised Estimate (LRE) management, financial forecasting, Performance Based Payment (PBP) billings, Monthly Integrated Program Management Data Analysis Report (IPMDAR) external reporting, and supporting strategic meetings with program leadership.

• Program start up and implementation support inclusive of contract modification processing, project setup, and NWA management.
• Prepare weekly & monthly reports to include LRE development, internal & external EV requirements, & financial variance analysis.
• Manage the coordination, development, and delivery of monthly financial CDRLs.
• Cost and schedule control analysis – Maintaining compliance within EVMS.
• Preparation and Analysis of Quarterly EACs including cost analysis, risks, and opportunities.
• Generate and Support BCR/SWA Process.
• Ad hoc AEA program control support, as needed.

• Typically requires a Bachelor’s degree in Finance, Accounting, Business Administration, or related field or equivalent experience and minimum 5 years prior relevant experience, or an Advanced Degree in a related field and minimum 3 years experience.
• Experience with Earned Value, Estimates at Complete.
• Minimum 5 years documented experience utilizing MS Office – (Excel, PowerPoint and Word) with pivot tables, charts, creating presentations, etc.
• U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

• Experience with IPMR / IPMDAR reporting.
• Experience with Raytheon financial tools/systems (APEX/PMX/ProIA/edit+).
• Demonstrated experience with current Raytheon financial tools/systems (APEX, BW, RPLAN).
• Excellent critical thinking, program solving, and resolution-making skills.
• Ability to meet critical deadlines, manage multiple priorities, and implement process improvement.
• Deep interpersonal/communication skills and the ability to effectively communicate to all levels of organization.
• Independent, self‑motivated, and highly organized.
• Prior Program Control Experience a plus.

• Our values strengthen our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value:
  Trust, Respect, Accountability, Collaboration, and Innovation.
• Whether you’re just starting out on your career journey or are an experienced professional, we offer a total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs. Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.
• Relocation assistance is not available.

Remote:
Employees who are working in Remote roles will work primarily offsite (from home). An employee may be expected to travel to the site location as needed.

As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on‑site, hybrid or remote.

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