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 in Finance, Accounting, Economics, or related field; or Advanced Degree with 3 years of experience
  • 5+ years of relevant experience, or 3+ years with advanced degree
  • Proficient in Microsoft Office, especially Excel for data analysis
  • Experience with financial systems like SAP or equivalent
  • Familiar with Earned Value Management and financial forecasting methodologies
  • Ability to collaborate with cross-functional teams across different business functions
  • U.S. citizenship required due to access restrictions.

Responsibilities

  • Support financial execution by collaborating with Program Managers and Finance teams
  • Handle cost reporting and assist in Earned Value Management activities
  • Prepare and analyze internal cost reports and program performance metrics
  • Compile quarterly Estimate at Completion submissions for leadership review
  • Conduct monthly cost and performance analysis for Earned Value reporting
  • Analyze financial performance and variances to budget
  • Process Baseline Change Requests and assist with the Latest Revised Estimate process.

Benefits

  • Comprehensive total rewards package including healthcare, wellness, and retirement benefits
  • Flexible work schedules and hybrid work environment
  • Parental leave for all genders and child/adult backup care
  • Educational assistance and career development programs
  • Achievement awards and recognition for high performance.
Full Job Description
Date Posted:
2026-09-23
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

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 restricted by government contractual requirements.


Qualifications We Prefer:
  • Experience preparing written and verbal communications for stakeholders at multiple organizational levels, including summarizing and presenting information.
  • Experience with PMX/PMTools and the RPlan forecasting system.
  • Experience analyzing data to identify issues, evaluate alternatives, and support resolution using established processes and available information.
  • Experience reviewing work products for accuracy, completeness, and consistency before submission.
  • Active DoD Secret or Top Secret security clearance.


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!
  • 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.


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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Prepare for Your Future

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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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