Program Cost Controls Principal Specialist

Date Posted: 2026-07-06 Country: United States of America Location: US-TX-MCKINNEY-513WA ~ 2501 W University Dr ~ WING A 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 At RTX, the world 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 Electronic Attack Systems (EAS) Finance team has an opening for a Program Cost Control Specialist to support the externally reported MBX development program ($190M cost-type contract) within the Next Generation Jammer (NGJ) portfolio. This role provides financial support, analysis, and oversight for the MBX Program within the NGJ portfolio. Primary responsibilities include partnering with program managers and functional stakeholders to support weekly and monthly reporting, Earned Value Management (EVM) reporting, Estimate at Complete (EAC) and Latest Revised Estimate (LRE) management, financial forecasting, Monthly Integrated Program Management Data Analysis Report (IPMDAR) external reporting, and program leadership reviews. What You Will Do: Prepare weekly and monthly reports, including LRE development, internal and external earned value requirements, and financial variance analysis Manage the coordination, development, and delivery of monthly financial Contract Data Requirements Lists (CDRLs) Perform cost and schedule control analysis to support compliance with Earned Value Management Systems (EVMS) Prepare and analyze quarterly Estimates at Complete (EACs), including cost analysis, risks, and opportunities Generate and support Baseline Change Request (BCR) and Schedule Work Authorization (SWA) processes Provide ad hoc EAS program controls support, as required Qualifications You Must Have: Typically requires a Bachelor’s degree in Finance, Accounting, Business Administration, or related field 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 with Earned Value Management and Estimates at Complete (EAC) Defense industry experience in program finance, including financial analysis, forecasting, budgeting, variance analysis, and program performance reporting Experience using Microsoft Office applications U.S. Citizen - U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract. Qualifications We Prefer: Experience with IPMR/IPMDAR reporting Experience using Raytheon financial tools and systems including APEX, BW, and RPlan Experience performing financial analysis, issue identification, and resolution activities Experience managing multiple priorities and supporting process improvement activities Experience communicating financial and program information across organizational levels Experience working independently and managing assigned responsibilities Prior Program Controls experience 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! Please consider the following role type definition as you apply for this role.   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 guara