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Program Cost Control Principal Specialist
Job in
McKinney, Collin County, Texas, 75069, USA
Listed on 2026-10-12
Listing for:
Raytheon
Full Time
position Listed on 2026-10-12
Job specializations:
-
Finance & Banking
Financial Analyst, Financial Reporting
Job Description & How to Apply Below
Posted 15 Days Ago
Start Date:
Location:
US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG; US-AZ-TUCSON-914 ~ 6880 S Tucson Blvd ~ BIKE SHOP 914
Country:
United States of America Time Type:
Full time
Date Posted:
Country:
United States of America
Location:
US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG
Position Role Type:
Hybrid
U.S. Citizen, U.S. Person, or Immigration Status Requirements:
U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.
Security Clearance Type:
None/Not Required
Security Clearance Status:
Not Required At RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.
Raytheon brings 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. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.
What You Will Do Support program financial execution by working with Program Business Managers, Integrated Product Team (IPT) Leads, Program Managers, and Finance teams.
Support program cost reporting, Earned Value Management (EVM), and financial analysis activities.
Prepare internal cost reports and analyze cost data, financial planning systems, and program performance metrics.
Compile quarterly Estimate at Completion (EAC) submissions for review by program and finance leadership.
Prepare monthly cost and performance analysis supporting Earned Value reporting.
Analyze financial performance at the functional and product level, including variances to budget, baseline, and EAC.Process approved Baseline Change Requests (BCRs) and support the Latest Revised Estimate (LRE) process using established financial tools.
Use PRISM (Material Requirements Planning system) to analyze grouping, pegging, and distribution impacts for material cost analysis.
Respond to billing, funding, financial data inquiries, and ad hoc financial analysis requests.
Support the Advanced Products & Solutions (APS) business area within the Advanced Open Integrated Solutions (AOIS) Finance team as a Principal Specialist, Program Cost Controls (Cost, Schedule, and Control Analyst).Qualifications You Must Have:
Typically requires a Bachelor's Degree in Finance, Accounting, Economics, or a related field and a minimum of 5 years of relevant experience or an Advanced Degree in related field and minimum of 3 years experience
Experience using Microsoft Office applications, including Excel (pivot tables, advanced formulas, and data analysis), PowerPoint, and Word to analyze data and prepare reports and presentations.
Experience with financial systems, including SAP, SAP Business Warehouse (or equivalent).
Experience with Earned Value Management (EVM), including Schedule Performance Index (SPI), Cost Performance Index (CPI), To-Complete Performance Index(TCPI), Independent Estimate at Completion(IEAC), Variance at Completion(VAC), and Estimate at Completion (EAC) analysis, or equivalent financial forecasting methodologies.
Experience working with cross-functional organizations, including Contracts, Operations, Engineering, Supply Chain, and other business functions.
U.S. citizenship is required because access to certain financial management systems is…
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