Principal Specialist Program Cost Controls (HYBRID)

Date Posted:

2026-02-15

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:

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

Security Clearance Type:

DoD Clearance: Secret

Security Clearance Status:

Active and existing security clearance required after day 1

Raytheon Company, Managed by Collins Aerospace

We are currently seeking an experienced Principal Program Cost Controls Analyst to join our team at our McKinney, TX facility.

This position will interact with all functions of the C4I&A (Command, Control, Communications, Computers, and Intelligence and Autonomy) organization, including Program Management, Engineering, Finance, Contracts and Operations and is therefore an excellent position for an individual who wants to be integral part of a team that is directly responsible for program execution. Opportunities to interact with Collins Aerospace leadership, as well as our external customers and local government agencies are an additional benefit.

What You Will Do

• Provide effective financial administrative planning and control on fixed price and cost re-determinable programs.
• Develop program Performance Measurement Baseline (PMB) for earned value / project management purposes
• Establish a Contract Work Breakdown Structure (CWBS) and CWBS Dictionary
• Perform analysis of complex program cost and schedule performance, identifying trends, and providing information to Project Leadership Team (PLT) or corrective action implementation.
• Interaction with external customer, including the preparation, submission, and review of customer cost & schedule related data items
• Preparation and analysis of contract Estimates at Complete (EACs) and complete financial support to assigned program teams.
• Support Program Management in assessing program risks and opportunities
• Understanding of Earned Value Management practices and procedures, which includes scheduling fundamentals and system tool usage, such as SAP/BW and Microsoft Office suite of products for Internal & External programs.
• Accommodate unexpected events, achieve critical deadlines with quality results and perform as a flexible team member in support of the objectives and initiatives of C4I&A business
• Display good verbal and written communication skills, be a team player, and have good working knowledge of company business systems and policies, contracting processes and earned value management techniques.
• Collaborate with PLT to analyze, prepare and input monthly sales, profit, and milestone billing forecasts and perform same effort for Annual Operating Plan (AOP) and Strategic Financial Plan (SFP) on assigned program(s).
• Provide variance analysis of monthly sales, costs, profit, schedule and milestone billing forecast in comparison to prior and plan. Perform same effort for AOP/SFP.
• Provide compliance support including internal and external audits.
• Travel up to 10%

Qualifications You Must Have

• Experience in Finance including Program Controls, EVMS, Forecasting, and Accounting
• Experience in defense or aerospace industry.
• Experience with Microsoft Excel 
• Proficient with APEX/SAP/PRISM/PMX
• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience

Qualifications We Prefer

• Understanding of corporate Financial Planning & Analysis (FP&A) 
• Knowledge of the DoD Acquisition Process
• Working knowledge of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and Generally Accepted Accounting Principles (GAAP) 

What We Offer

Some of our competitive benefits package includes: 

• Medical, dental, and vision insurance
• Three weeks of vacation for newly hired employees
• Generous 401(k) plan that includes employer matching funds and separate employer retirement contribution, including a Lifetime Income Strategy option
• Tuition reimbursement program
• Student Loan Repayment Program
• Life insurance and disability coverage
• Optional coverages you can buy pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal, ID theft protection
• Birth, adoption, parental leave benefits
• Ovia Health, fertility, and family planning<