Principal Specialist, Program Cost Controls (P3) *ONSITE*

Job ID: 01864824Posted: Posted YesterdayStart Date: 2026-08-13Location: US-MA-ANDOVER-AN0 ~ 366 Lowell St ~ BLDG AN0Country: United States of AmericaTime Type: Full timeDate Posted:2026-08-13 Country:United States of America Location:US-MA-ANDOVER-AN0 ~ 366 Lowell St ~ BLDG AN0 Position Role Type:Onsite U.S. Citizen, U.S. Person, or Immigration Status Requirements:U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract. Security Clearance Type: None/Not Required Security Clearance Status: Not RequiredAt 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.As a strategic business partner, the effective candidate will join Product support collaborating the the Product Support PMO and ASDS Integrated Product Team (IPT) leads. This position will be responsible for coordination and preparation of various Product Area and Mission Area level financial deliverables, including 5-Year and Annual Operation Plans, monthly financial forecasts and operation reviews, Short Range Outlook, Baseline Management, EAC's Monthly SDRLs, and all aspects of governance and compliance.In this position, the candidate will be exposed to many different real world business tools such as the Estimate at Completion (EAC) process for Sarbanes Oxley compliance, Annual Operating Plan preparation using the RPLAN system, and the cost proposal process. The candidate will also utilize business software packages such as SAP, APEX, Business Warehouse to provide technical analysis for financial reporting of various program funding profiles, sales outlooks, billing projection, and variance analysis. The candidate will work closely with Program Management and in conjunction with Control Account Managers (CAMs). This position will be an integrated part of a fast paced finance team where multitasking and individual initiative are key requirements.This role is being offered in an onsite capacity with the preferred candidate located within a commutable distance to Andover, MA. Relocation assistance is not being offered.What You Will DoWork closely with the program Business Manager, Schedulers, Control Account Managers, IPT Leads, Functional Leads, and Program Manager to ensure flawless execution of EVM related tasksPreparation of budgets and schedules for all contract work, establishing and maintaining a Performance Measurement Baseline for the program, performing weekly and monthly EVM metric analysis including variance analysis against cost and schedule targets, and preparing internal and external financial reports, including the Integrated Program Management Report (IPMR), in order to ensure that the contract is within negotiated and agreed-upon parameters and government cost control guidelines and that performance status is clearly communicated to the customer.Work closely with IPT leads and CAMs to develop formal monthly Latest Revised Estimates (LRE) and Quarterly Estimates at Completion (EAC) for the work scope they are responsible forRisk and opportunity analysis, Budget Change Requests (BCRs) review and implementation, program log updates and reconciliation, primary and secondary work authorization management, staffing demand analysis, tracking of integrated supply chain and material items, sales forecasting, and all other ad hoc tasks related to financial EVMS management of this critical programSupport executive reviews and Joint Surveillance Reviews, providing accurate EVM summary data in a clear and concise manner to senior level management and government customer representatives in a presentation formatWhat You Will LearnHelp manage the program’s financial performance baseline, Earned Value Management System and monitor weekly/monthly earned value cost and scheduleEstimates at complete using various Raytheon tools and formats, as required per policyMonthly financial forecasting including RPLAN updates for element of cost and key financial metrics, weekly short range outlooks identifying risk and opportunities to the forecast, annual updates to the Annual Operating Plan (AOP) and Long Range Plan (LRP)Frequent collaboration with ~5 other Finance professionals, Program Manager, and CAM’s/IPTLsPerform financial analysis to understand the monthly variances to Budget baseline and EAC positionsAbility to flexibly work in a fast-paced changing environment and manage multiple priorities while meeting critical deadlines​Qualifications You Must Have Typically requires a BA/BS in Accounting, Finance, Business Administration or a related field & a minimum of 5 years prior relevant experience; OR an Advanced degree & a minimum of 3 years prior relevant experienceExperience in Program Control, EVMS, Accounting FP&A and/or PricingExperience with SAP, APEX, RPLAN, Business Warehouse, EDIT+, ACES or a similar systemExperience with data analysis and reportingQualifications We PreferExperience with Microsoft Office; in Excel specifically (pivot tables, v-lookups and/or if-then statements)Shows initiative by seeking ways to improve processes and data analysisSelf-starting, motivated team member with excellent written and oral communication skillsExperience with financial forecasting, budgeting and variance analysisDeep desire to learn and contribute in a team-based environmentCapability to multitask and work in a dynamic environmentComplex critical thinking and problem solving skillsAbility to interface effectively with program Management team and other functional organizationsLearn More & Apply NowPlease ensure the role type defined below is appropriate for your needs before applying to this role. This position is classified as: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.For onsite and hybrid roles, commuting to and from the assigned site is the employee’s personal responsibility.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. Privacy Policy and Terms:Click on this link to read the Policy and Terms