Program Cost Controls Principal Specialist

Date Posted: 2026-11-05 Country: United States of America Location: US-CA-EL SEGUNDO-R01 ~ 2000 E Imperial Hwy ~ BLDG R01 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 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. What You Will Do: Partner with Program Business Managers, Integrated Product Team (IPT) Leads, Program Managers, and Finance personnel to support program financial execution. Perform program cost reporting, Earned Value Management (EVM), and financial analysis activities. Prepare internal cost reports and analyze financial data, 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 to support Earned Value reporting. Analyze financial performance at the functional and product levels and identify variances against budget, baseline, and EAC positions. Process approved Baseline Change Requests (BCRs) and support the Latest Revised Estimate (LRE) process using established financial tools. Use PRISM, the Material Requirements Planning (MRP) system, to analyze grouping, pegging, and distribution impacts on program material costs. Respond to billing, funding, and financial data inquiries and complete 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 related work experience. Experience using Microsoft Excel, including pivot tables, advanced formulas, and data analysis, as well as PowerPoint and Word to prepare financial reports and presentations. Experience using financial systems and tools, including SAP, SAP Business Warehouse (BW) or equivalent systems, and Microsoft 365 applications. Experience with Earned Value Management (EVM) metrics, including Schedule Performance Index (SPI), Cost Performance/Cost of Performance Index (CPOI), To-Complete Performance Index (TCPI), Independent Estimate at Completion (IEAC), and 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 Finance. U.S. citizenship is required due to government contractual restrictions on access to certain financial management systems. Ability to obtain and maintain a U.S. Government security clearance. Qualifications We Prefer: Experience preparing written financial reports and presenting financial information to stakeholders at multiple organizational levels. Experience using PMX, PMTools, and RPlan forecasting systems. Experience analyzing financial and program data to identif…

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