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Prog. Cost Ctrl; Engineering Business Analyst - P4 - Hybrid

Job in Woburn, Middlesex County, Massachusetts, 01801, USA
Listing for: Raytheon
Full Time position
Listed on 2026-07-21
Job specializations:
  • Engineering
Salary/Wage Range or Industry Benchmark: 107500 - 204500 USD Yearly USD 107500.00 204500.00 YEAR
Job Description & How to Apply Below
Position: Prog. Cost Ctrl (Engineering Business Analyst) - P4 - Hybrid

Prog. Cost Ctrl Engineering Business Analyst (EBA
- Grade P4)

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.

The Raytheon Functional Finance team is seeking a Prog. Cost Ctrl Engineering Business Analyst (EBA
- Grade P4). The successful candidate will support Engineering Product Team Leads, Control Account Managers, and Program leads in the successful completion of monthly Earned Value Management (EVM) inputs, reporting and analysis, monthly Budget Change Requests (BCRs), facilitate EAC and LRE inputs, and demonstrate the ability to perform meaningful analysis and effective communication to drive predictable results. Scope of work includes partnering with engineering and program leads for EVMS process inputs, EAC/LRE development, monthly variance reporting, and weekly analysis of cost and labor runs.

The role focuses on driving cost control and schedule using APEX/SAP EV, IMS, and PMX management reporting tools. The candidate will be required to perform analyses and prepare reports to drive predictable cost and schedule. The ability to be self-sufficient as well as operating in a team environment, supporting both the Functional organizations, and ensuring program financial commitments are met are fundamental to success in this role.

What You Will Do

  • Support the creation of Estimates at Complete (EACs) on a quarterly basis and Latest Revised Estimates (LRE) on a monthly basis including estimate of costs, test of reasonableness analysis, and risk and opportunities assessment at the Program / Product / Mission area level.
  • Perform detailed EV and financial analysis to budget baseline, schedule, and EAC positions.
  • Prepare forecasts, monitor actual costs, and document variances to plans and forecasts

Qualifications You Must Have

  • Typically requires: A University Degree or equivalent experience and minimum 8 years prior relevant experience, or An Advanced Degree in a related field and minimum 5 years experience
  • Experience using SAP, APEX, or similar system
  • Experience with MS Office tools and ability to navigate Excel

Qualifications We Prefer

  • Experience with Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS) and/or other Government Procurement regulations as they pertain to Bid/Cost proposals
  • Knowledge in leading and managing the execution of processes, projects and tactics within one work area.
  • Knowledge and skills within a specific technical or professional discipline with understanding of the impact of work on other areas of the organization.

What We Offer

  • Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value:
    Trust, Respect, Accountability, Collaboration, and Innovation.

Learn More & Apply Now!

This position is classified as:
Hybrid:
Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

The salary range for this role is 107,500 USD - 204,500 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate's work experience, location, education/training, and key skills. Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, 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 are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement. Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company's performance.

RTX is an Equal…

Position Requirements
5+ Years work experience
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