Principal Cost Controls Analyst

Location: US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG Date Posted: 2026-09-23 Country: United States of America Location: US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG Position Role Type: Onsite 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 At RTX, the world's 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. What You Will Do: Manage a portfolio of business programs, including cost and schedule control and analysis using Earned Value Management Systems (EVMS). Supervise and provide work direction to junior financial analysts. Prepare and support monthly IPMDAR submissions. Prepare quarterly Estimates at Complete (EACs). Perform financial variance analysis and forecasting. Identify, document, and track program risks and opportunities. Prepare internal and external financial and program performance reports. Analyze program financial and performance data and provide results to program teams and management. Prepare and deliver program planning, cost, schedule, and financial information to internal and external stakeholders. Coordinate assignments, priorities, and reporting schedules to meet established deadlines. Review financial and program information for accuracy and completeness before management submission. Provide cost, schedule, and program controls guidance based on established processes and program requirements. Qualifications Required: Typically requires a University Degree or equivalent experience and minimum of 5 years prior relevant experience or an Advance Degree in a related field and minimum of 3 years experience. Experience with financial controls supporting multiple contract types. Experience with Earned Value Management Systems (EVMS). Experience with Raytheon EVMS processes and/or Department of Defense EVMS standards and procedures. Working knowledge of SAP financial transactions. Experience preparing, analyzing, or reviewing program financial data, including costs, schedules, forecasts, and variances. Experience preparing financial or program performance reports for internal or external stakeholders. Experience presenting financial or program information to management and external organizations, including audit or oversight agencies such as DCAA or DCMA. Experience using Microsoft Excel, Word, and PowerPoint for financial analysis, documentation, reporting, and presentations. U.S. Citizen - 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 Preferred: Active Secret security clearance. Experience managing a portfolio of multiple programs or contracts. Experience supervising, mentoring, or providing work direction to financial or program controls analysts. Experience with IPMDAR reporting. Experience preparing quarterly EACs and monthly forecasts. Experience performing program cost and schedule analysis. Experience identifying financial or program data discrepancies and documenting corrective actions. Experience using business information systems to retrieve, analyze, and report financial or program data. Experience analyzing financial trends and variances and communicating results to senior leadership. Experience developing recommendations based on financial, cost, schedule, or program performance analysis. Experience coordinating multiple assignments, reporting requirements, and deadlines. Experience working independently to plan, schedule, and complete assigned work. Experience providing work direction, assigning priorities, monitoring progress, and reviewing completed work. Experience developing or implementing improvements to financial analysis, reporting, or business processes. Experience preparing written financial reports, presentations, and management briefings. 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. 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. Clearance Information: Clearance Information: This position requires security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: 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 guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance. This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply. RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window. RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act. #J-18808-Ljbffr Raytheon