OSC - Principal Program Cost Controls - P3 Hybrid
Listed on 2026-07-08
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Finance & Banking
Financial Analyst, Risk Manager/Analyst, Financial Compliance, Financial Reporting
Location:
US-AZ-TUCSON-801 A20 ~ 1151 E Hermans Rd ~ BLDG A20 (External Site)
Date Posted:
Country:
United States of America
Position Role Type:
Hybrid
U.S. Citizenship is required as only U.S. citizens are authorized to access information under this program/contract.
Security Clearance:
None/Not Required
Raytheon is a leading aerospace and defense company. This role is for a Principal Program Cost Controls Team Member (P3) within the Raytheon Operations & Supply Chain (OSC) Finance organization. The role supports the Naval Power SBU, the Naval Air Missiles SSBU, and works closely with the Business Office and the Program Operations Manager on the NAM Portfolio.
What You Will Do- Support the creation of Estimates at Complete (EACs) on a quarterly basis including costs, risks and opportunities for Factories and at the Program/Product Line level.
- Provide cost, schedule and funding planning, reporting, monitoring, and analysis support to GSCM leaders and management using standard company tools and processes.
- Prepare program financial forecasts, monitor actual costs and explain variances to plans and forecasts.
- Manage cost accumulation methods for material on a weekly, monthly, and quarterly basis.
- Provide cost reduction project support and leadership based on manufacturing and functional expertise.
- Support the preparation of cost estimates for new business proposals and assist Estimating and Program Analysts in developing rationale for basis of estimates.
- Support Factory and Program activities in the business management role, including participation in organizational decisions.
- Assist in developing and streamlining GSCM material reports, EAC management, and special projects to drive internal efficiencies.
- Create and maintain the control account structure within a manufacturing-based finance environment.
- University Degree or equivalent experience with a minimum of 5 years relevant experience, or an advanced degree in a related field with a minimum of 3 years experience.
- Experience in a business management or finance role within a company environment.
- Understanding of cost allocation over bases or among organizations or products.
- Proficiency with Microsoft Operating Systems and Microsoft Office tools, particularly Excel.
- Experience in production or a similar schedule‑driven environment within a profit‑driven business.
- Experience in analysis, APEX and PRISM.
- Confidence and courage to lead, present, and participate in meetings, even when delivering bad news or disagreeing with management.
- Earned Value experience strongly desired.
- Ability to quickly learn advanced financial and planning skills required by multitask requirements and to create support plans and schedules for projects in a cross‑functional environment.
- Strong leadership, speaking, and presentation skills.
- Understanding of production or similar schedule‑driven environment within a profit‑driven business and ability to discuss profit and loss relationships from contracts to cost analysis.
- Experience in a factory environment with understanding of operational technical aspects.
- 2 years of experience in understanding cost allocation over bases or among organizations or products.
- Problem‑solving abilities that bridge production realities to financial commitments.
- 2 years in an independent role tasked with developing, updating, and status‑reporting financial and performance metrics.
- Ability to discuss profit and loss relationships from contracts to cost analysis.
- Our values drive our actions and behaviors:
Trust, Respect, Accountability, Collaboration, and Innovation.
Salary range: USD 86,800 – 165,200.
Benefits include medical, dental, vision, life insurance, short‑term and 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 depend on the business unit and collective‑bargaining agreements.
Annual short‑term and/or long‑term incentive compensation programs may be available depending on position level and whether the role is covered by a collective‑bargaining…
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