Raytheon Technologies

Program Cost Control Principal Specialist

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

Qualifications

  • Bachelor's degree or equivalent experience with 5+ years of relevant experience, or an advanced degree with 3+ years of relevant experience
  • Experience with Earned Value Management Systems (EVMS) for cost and schedule tracking
  • Proven track record in developing financial forecasts and conducting variance analysis
  • Proficient in Microsoft Office Suite, particularly Excel for financial analysis
  • U.S. citizenship required for access to financial management systems

Responsibilities

  • Support monthly financial planning, forecasting, and close processes
  • Develop Quarterly Estimate-at-Completion (EAC) and Latest Revised Estimate (LRE) activities
  • Perform material and financial analysis using PRISM
  • Provide financial support to cross-functional teams and management
  • Communicate financial forecasts and variances to stakeholders regularly
  • Prepare comprehensive variance reporting on a weekly, monthly, and quarterly basis
  • Review reports for accuracy in EAC inputs and compliance with management standards

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Parental leave and flexible work schedules
  • Educational assistance programs and achievement awards
  • Child/adult backup care services
  • Career development and recognition opportunities
Full Job Description
Date Posted:
2026-06-05
Country:
United States of America
Location:
US-TX-MCKINNEY-513WD ~ 2501 W University Dr ~ WING D BLDG
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 EO/IR Solutions (EOIRS) Navy portfolio Finance team is seeking a Finance Analyst to support Navy programs. This role is responsible for but not limited to: supporting preparation of Long-Range Planning and Annual Operating Plans, financial forecasting and reporting, variance analysis, Earned Value Management (EVM) activities and compliance, Estimates at Completion (EACs), and cash management. The position requires managing multiple priorities, supporting cross-functional collaboration, and providing financial analysis and recommendations to support business decisions.

What You Will Do:
  • Support the monthly financial planning, forecasting, and close process (RPlan)
  • Develop and support Quarterly Estimate-at-Completion (EAC) and monthly Latest Revised Estimate (LRE) activities
  • Perform PRISM analysis, including review and updates to MRP drivers, grouping/pegging/distribution impacts, and material analysis
  • Provide financial analysis and support to Factory Operations Managers, IPT Leads, and Supply Chain Management functions
  • Communicate forecast assumptions, risks, and opportunities to program teams and leadership
  • Prepare weekly, monthly, and quarterly variance reporting and data analysis
  • Perform cost, schedule, and financial analysis and reporting, including funding planning, maintenance, and reporting using standard company tools and processes
  • Review EAC inputs, presentations, and proposals for accuracy and completeness
  • Review and analyze Earned Value Management (EVM), funding data, and monthly Contract Data Requirements List (CDRL) reporting


Qualifications You Must Have:
  • Typically requires a university degree or equivalent experience and a minimum of 5 years of relevant experience, or an advanced degree in a related field and a minimum of 3 years of relevant experience
  • Experience applying Earned Value Management Systems (EVMS) for cost, schedule, and performance tracking
  • Experience developing financial forecasts, budgets, and performing variance analysis
  • Experience using Microsoft Office applications, including Excel, Word, and PowerPoint
  • Experience analyzing program data and producing trend analysis outputs using Microsoft Excel
  • 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 with cost and schedule control and variance analysis
  • Experience supporting Program Estimate-at-Completion (EAC) reviews and policy compliance activities
  • Experience supporting Program Managers, CAMs, IPTLs, OPMs, and Material Program Managers in program execution
  • Experience supporting Short Range Outlook (SRO) tracking, financial forecasting, reporting, Annual Operating Plan (AOP), and long-range planning activities
  • Experience working with Program Management, Finance Management, and cross-functional teams in program execution environments
  • Experience using SAP, APEX, PRISM, and program management tools
  • Experience managing assigned responsibilities with limited supervision in support of program execution activities


What We Offer:
  • 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.


Learn More & Apply Now!

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.

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.

Join Our Team

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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SEARCH RAYTHEON TECHNOLOGIES JOBS

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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