Raytheon Technologies

Principal Specialist, Program Cost Controls

Raytheon Technologies$86K — $165K *
Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or a related field with 5 years of experience, or an advanced degree with 3 years of experience.
  • Experience in program cost and schedule management activities.
  • Proficient in analyzing financial data for decision-making purposes.
  • Strong skills in Microsoft Excel, including data analysis tools and report preparation.
  • U.S. citizenship is required for access to the financial management system.

Responsibilities

  • Prepare and present financial reports on a weekly, monthly, and quarterly basis.
  • Support the implementation of Earned Value Management Systems (EVMS).
  • Assist with monthly financial forecasting in coordination with stakeholders.
  • Provide financial data for Program Management Reviews (PMRs) to facilitate decision-making.
  • Collaborate with teams to analyze financial impacts of business decisions.

Benefits

  • Commitment to values like Safety, Trust, and Innovation.
  • Eligible for medical, dental, and vision insurance.
  • 401(k) match and flexible spending accounts available.
  • Opportunities for employee development through the Employee Scholar Program.
  • Support for work-life balance with flexible work schedules and parental leave.
Full Job Description
Date Posted:
2026-07-22
Country:
United States of America
Location:
US-IN-INDIANAPOLIS-206 ~ 3939 Priority Way S Dr ~ PRIORITY BLDG 6
Position Role Type:
Onsite
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

The V-22 program has an immediate opening for a Financial Analyst in the Naval Power / Naval Airborne Solutions (NAS) business area. The V-22 program supports multiple variants of the V-22 Osprey aircraft and includes both internal and external earned value reporting. The program currently consists of CPFF (Cost Plus Fixed Fee) projects. The overall portfolio averages 130+ FTEs & $40-$45M in annual sales.

This position will provide the opportunity to increase exposure to multiple facets of finance and the overall organization. You will have a key role in the execution of multiple contracts while providing critical financial oversight and guidance, as well as contributing to earned value processes and reporting. Responsibilities will include working closely with Finance counterparts, Program Management & Control Account managers to ensure program cost & schedule success.

The ideal candidate can work in a fast-paced team environment, work across multiple organizations and levels of leadership, and meet deadlines. This candidate is detail focused, seeks process improvement and efficiency opportunities, and works to ensure the program successfully executes. This is a challenging and rewarding role with tremendous opportunity for experience and growth.

What You Will Do
  • Prepare and deliver weekly, monthly, and quarterly financial reports, including detailed variance analysis.
  • Support the implementation and maintenance of Earned Value Management Systems (EVMS), including variance analysis and the development of quarterly Estimate at Completion (EAC) and monthly Latest Revised Estimate (LRE).
  • Assist with the monthly forecasting process for bookings, sales, earnings, and cash by coordinating updates with program stakeholders and maintaining data in RPlan.
  • Provide financial data and analysis for monthly Program Management Reviews (PMRs) to support informed decision-making.
  • Collaborate with cross-functional teams, offering insights into the financial implications of business and program decisions.
  • Respond to ad hoc financial analysis and data requests as needed.


Qualifications You Must Have
  • Typically will have a Bachelor's degree in Finance, Accounting, Economics, Business Administration, Mathematics, or related discipline and a minimum of 5 years of relevant experience, or an advanced degree and a minimum of 3 years of applicable experience.
  • Experience supporting program cost and schedule management activities.
  • Experience analyzing financial and program data to support problem resolution and informed decision-making.
  • Proficiency in Microsoft Excel, Word, and PowerPoint, including the use of Excel formulas, pivot tables, and data analysis tools to prepare financial reports, forecasts, and presentation materials.
  • U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.


Qualifications We Prefer
  • Experience supporting process improvement initiatives and maintaining data accuracy in financial planning and reporting activities.
  • Experience preparing and delivering business communications, including written reports and verbal presentations to program or financial stakeholders.
  • Experience using SAP/APEX, Excel Analysis for Office (AO), Power Query, or comparable enterprise financial and data analysis systems.
  • Experience utilizing the Program Management (PMX) Tool Suite and EDIT+ for program financial tracking and reporting.
  • Experience supporting financial planning and analysis activities, including tracking and reporting of Bookings, Sales, Earnings, and Cash.
  • Experience in preparation and maintenance of Estimate at Completion (EAC) and the application of Earned Value Management Systems (EVMS) in accordance with contractual or organizational requirements.
  • Knowledge of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and Generally Accepted Accounting Principles (GAAP) as applied to government contracting.
  • Experience supporting financial or program activities within a U.S. Department of Defense (DoD) contracting environment.


What we offer
  • Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Safety, Trust, Respect, Accountability, Collaboration, and Innovation.
  • Relocation is not eligible for this role.


Learn more & apply now!
  • Please consider the following role type definition as you apply for this role.
  • Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.


#LI-Onsite

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.

The salary range for this role is 86,800 USD - 165,200 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.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

About Raytheon Technologies

Raytheon Solipsys, a wholly-owned subsidiary of the Raytheon Company, is an industry leader in the development of integrated Command and Control (C2) Network-Centric solutions for the Domestic and International DoD and Homeland Security. Through proven systems and software engineering practices, built on the invention and application of innovative technologies, they deliver the C2 infrastructure necessary to effectively control security/military forces in any environment. Their reliable solutions assure information superiority, increased shared awareness, deep sensor reach, aircraft control, air defense, disaster management, and time-critical decision making.

Raytheon Technologies Careers

Join the innovative world of Raytheon Technologies, a leader in aerospace and defense, where we offer unparalleled job opportunities in an environment that champions diversity, leadership, and professional growth.

Work You’ll Do

At Raytheon Technologies, you’ll be part of a company that values innovation and leadership. Our team is dedicated to solving some of the most complex challenges in aerospace and defense, making significant impacts worldwide. With a culture that fosters diversity and inclusion, you will collaborate with some of the brightest minds in the industry.

Transform Your Career

Step into a role that harnesses your skills and propels your career to new heights. Raytheon Technologies is not just about thinking big but making those big ideas happen. We provide robust career development opportunities that include comprehensive training and development programs, leadership workshops, and continuous learning through our internal platforms.

Innovate and Lead

Join our team of over 60,000 professionals globally, who are not only experts in their fields but are also driven by a passion for innovation and excellence. At Raytheon Technologies, you are positioned at the forefront of the industry, where your work directly contributes to groundbreaking advancements in technology and defense.

Internship and Employment Opportunities

Whether you’re starting your career or looking to advance, Raytheon Technologies offers a range of employment and internship opportunities that can help you achieve your professional goals. Our internships provide a solid foundation of skills and experiences, while our full-time positions offer a path to personal and professional growth within the company.

Benefits and Culture

Our employees enjoy a competitive package of benefits and rewards that reflect their invaluable role in our company. From health and wellness programs to performance bonuses and flexible working conditions, we ensure our team members are well taken care of.

Networking and Professional Development

At Raytheon Technologies, networking and professional development are part of our DNA. We encourage our employees to engage in internal and external networking events, leadership training, and diversity initiatives that enhance their career journey.

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Explore the numerous positions available that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

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Join us in our mission to create a safer future and be a part of a team that values integrity, excellence, and teamwork. At Raytheon Technologies, your career is just the beginning of a lifelong journey of professional and personal growth.
Learn more about Raytheon Technologies
Size
14,771 employees
Market Cap
$32,494
Industry
Founded
1922
NASDAQ

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