Principal Program Cost Controls Specialist - P3 - (Remote)

Date Posted:

2025-01-30

Country:

United States of America

Location:

RMA99: RTN Remote, Massachusetts

Position Role Type:

Remote

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.

This position is for a Principal Specialist, Program Cost controls Team Member (P3), working within the Raytheon; Operations & Supply Chain (OSC) Finance organization. This role is supporting the Naval Power SBU, and the Shipboard Missiles SSBU and will work closely with the Business Office and the Program Operations Manager working on the exciting and challenging RAM program across multiple contracts.

As a member of the OSC Finance team, the successful candidate will be responsible for overseeing the Supply Chain financials as a GSCM Principal Program Cost Controls analyst. Scope of work includes weekly & monthly variance reporting & EAC Development, and weekly analysis of cost runs with direct support to both Control Accounts Managers (CAMs) as well as the Program Manager.

This is an exciting opportunity to develop a strong fundamental understanding of Global Supply Chain Management environment, while also working closely with the Program Finance office to ensure financial targets are achieved.  The ability to be self-sufficient as well as operating in a team environment, supporting both the Functional organizations as well as ensuring program financial commitments are met will be fundamental to success in this role.  Business management covers a wide set of requirements, and a successful candidate will need to show flexibility in job abilities and strong communication skills.  

This position currently is designated as remote. Employees who are working in remote roles will work primarily offsite (from home) but may be expected to travel to the site location as needed. The successful candidate for this role will be required to reside and work from one of the 50 U.S. states (excluding U.S. territories).

What You Will Do

• Support the creation of Estimates at Complete (EACs) on a quarterly basis including costs, risks and opportunities for Factories and at the Program / Product Line level.

• Provide cost, schedule and funding planning, reporting, monitoring, and analysis support to GSCM leaders, leadership teams, and management using standard company tools and processes.

• Prepare program financial forecasts, monitor actual costs, and explain variances to plans and forecasts.

• Manage cost accumulation methods for material on a weekly, monthly, and quarterly basis

• Provide cost reduction project support and leadership based on manufacturing and functional expertise and experiences

• Support the preparation of cost estimates for new business proposals and assist Estimating and Program Analysts in developing rationale for basis of estimates.

• Support Factory and Program activities in the business management role including being a key participant in all organizational decisions.

• Assist in the development and streamlining of GSCM material reports, EAC management and special projects to drive internal efficiencies.

• Create and maintain the control account structure withing a manufacturing-based finance environment

Qualifications You Must Have

• Typically requires a Bachelor’s Degree in Finance, Accounting, Economics, Mathematics or related topic

• Typically requires 5+ years finance work experience; OR an Advanced degree and 3+ years prior relevant experience

• Experience in analysis, APEX and PRISM

• Experience in the use of Microsoft Operating Systems and all Microsoft Office tools, with particular emphasis on Microsoft Excel

• U.S. Citizenship Status is Required as this position will require the ability to Access US Only Data Systems

Qualifications We Prefer

• 2 years in an independent role tasked to develop, update, and status financial and performance metrics and analysis driven reports

• 2 years of experience in understanding the details of cost allocation over bases or amongst organizations or products

• 2 years of experience in production or similar schedule driven environment within a profit driven business based on practical experience. Ability to discuss Profit and Loss (P&L) relationships from contracts to cost analysis

• The co