Principal Specialist, Program Cost Controls

Date Posted:

2025-01-31

Country:

United States of America

Location:

TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 USA

Position Role Type:

Onsite

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression.  We bring 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.  Our team solves tough, meaningful problems that create a safer, more secure world.

The EO/IR Solutions (EOIRS) International products Finance team is seeking a highly motivated Finance lead to join our group.  This role is primarily responsible for, but not limited to: Assisting in Annual Operating Plans, financial forecasting and reporting, variance analysis, Earned Value Management and compliance, Estimates at Completion (EACs), cash management, capital/company funded requests, and ROI analysis. You will have the ability to work independently, be self-motivated, and comfortable with new challenges and multiple competing priorities.  Strong communication skills are also required, along with the ability to effectively interact with multiple layers within the organization and to make recommendations for appropriate solutions.

What You Will Do:

• Support the monthly financial planning forecast / close process (Rplan).
• Develop and support Quarterly Estimate-at-Completion (EAC) / monthly Latest Revised Estimate (LRE) development.
• PRISM analysis including analysis and update of MRP drives, impacts of Grouping/Pegging/Distribution, and Material analysis.
• Provide financial guidance to Factory Operations Managers, IPT leads, and SCM functions.
• Communication of forecast commitments to program team and communication of risk and opportunities to that plan to program leadership.
• Provide weekly, monthly, and quarterly variance and data analysis.
• Provide cost, schedule, financial analysis/reporting, funding planning, maintenance and reporting utilizing standard company tools and processes.
• Review EAC inputs, presentations, and proposals for accuracy and completeness.
• Review and analysis of EVM, Funding, and monthly status report Contract Data Requirements List (CDRLs).

Qualifications You Must Have: 

• Typically requires: A Bachelor’s degree in Finance, Accounting, or related discipline or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience.
• Experience interfacing and conducting business with various functional disciplines (Contracts, Operations, Engineering, etc).
• Experience analyzing data and information necessary to ensure portfolio performance to plan and to ensure that problem areas are identified and corrective action is taken.
• Experience managing multiple priorities and influence in a matrix organization.
• Proficient computer software skills in MS Office - Excel, PowerPoint and Word.
• The ability to obtain and maintain a U.S. government issued security clearance is required.
• U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance.

Qualifications We Prefer:

• Working knowledge of SAP, APEX EV, Business Warehouse.
• GovCon/Defense industry experience with knowledge of both government accounting techniques and Sarbanes-Oxley compliance processes; domestically and internationally.
• Experience with large, complex date analytics.
• Experience in Financial Planning and Analysis.
• Excellent communication skills (written and oral) to support the preparation and presentation of written briefs and summaries for internal/external dissemination.

Additional Information

• This position is grade P3, Principal Specialist, Program Cost Controls.
• 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.
• Relocation assistance is not available.

The salary range for this role is 82,000 USD - 164,000 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, s