Operations & Supply Chain (OSC) - Principal Program Cost Controls Specialist - P3 - (On-Site)

Date Posted:

2025-03-25

Country:

United States of America

Location:

AZ807: RMS AP Bldg 807 1151 East Hermans Road Building 807, Tucson, AZ, 85756 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.

This position is for a Principal Program Cost Controls Specialist (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 SM-3 program across multiple contracts.

As a member of the OSC Finance team, the successful candidate will be responsible for overseeing the Operations financials as an Ops 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 the Operations 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.  

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 Ops 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 operations labor 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 Operations labor reports, EAC management and special projects to drive internal efficiencies

• Create and maintain the control account structure within 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 developing, updating, and status financial and performance metrics and analysis driven reports

• Experience in understanding the details of cost allocation over bases or amongst organizations or products

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

• Experience in production or similar schedule driven environment within a profit driven business based on practical experience.

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

Qualifications We Prefer

• Ability to discuss Profit and Loss (P&L) relationships from contracts to cost analysis

• The confidence and courage to effectively lead, present, and participate in large and small meetings and status sessions, even when having to provide bad news or disagree with management

• EAC experience strongly desired

• Ability to quickly learn advanced financial and planning skills required by multitask requirements and to create support plans and schedules for small to large pro