OSC - Principal Program Cost Controls Analyst - P3 - (Hybrid)

RTX (Raytheon); Tewksbury (MA); Hybrid; USD 110,000 - 170,000; Full time

Job summary

RTX, a leading aerospace and defense company, seeks a Principal Analyst, Program Cost Controls (P3) to support the NASAMS portfolio within the Land and Air Defense SBU. The role focuses on EAC development, variance analysis, and EVMS-driven cost/schedule control using APEX/SAP tools.

The successful candidate will oversee material execution finance for multiple programs, perform cost analysis, and contribute to cost estimates for new business proposals while mentoring peers in the OSC team.

Qualifications

• University degree or equivalent; 5+ years of relevant experience, or an advanced degree with 3+ years.
• Experience using SAP Business System.
• Experience with Microsoft Office Suite.

Responsibilities

• Support creation of Estimates at Complete (EACs) on a quarterly basis including costs, risks and opportunities at the Program and SBU level.
• Perform detailed financial analysis for total program and SBU cost elements to explain variances to plans and forecasts.
• Prepare program financial forecasts, monitor actual costs, and explain variances to plans and forecasts.
• Assist in developing cost estimates for new business proposals and provide rationale for basis of estimates.
• Develop and maintain Work Breakdown Structures (WBS) in APEX/SAP; Budget preparation and monthly Earned Value reporting.
• Support and train OSC teammates when manager/lead is unavailable; review and lead process improvement projects.

Skills

Analytical mindset

EVMS

Cost analysis

Financial reporting

Education

University degree or advanced degree

Tools

SAP Business System

Microsoft Office Suite

APEX/SAP

SAP Business Warehouse

Job description

Date Posted: 2026-09-29

Country: United States of America

Location: US-MA-TEWKSBURY-TB4 ~ 836 North St ~ INNOVATION BLDG

Position Role Type: Hybrid

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 Required

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.

The Raytheon Operations/Supply Chain (OSC) Finance organization has an exciting opportunity for a seasoned finance professional to join our team as the Principal Analyst, Program Cost Controls (P3) supporting the NASAMS portfolio of programs within the Land and Air Defense (LADS) strategic business unit (SBU). The successful candidate will be a key member of the Material Execution Finance team and have responsibility for overseeing the Supply Chain financials for several programs as a Material Execution Program Analyst.

The scope of work includes material EAC development, monthly variance reporting, and weekly analysis of cost runs. This includes participating in the control of costs and schedules on contracts that utilize product based EVMS through APEX/SAP EV management reporting tools. You will be required to perform analyses and prepare reports to ensure that contracts are within negotiated and agreed-upon parameters.

What You Will Do

• Support the creation of Estimates at Complete (EACs) on a quarterly basis including costs, risks and opportunities at the Program and SBU level.
• Perform detailed financial analysis for both total program and SBU cost elements to help define and understand the monthly variances to Budget baseline and EAC positions.
• Prepare program financial forecasts, monitor actual costs, and explain variances to plans and forecasts.
• Support the preparation of cost estimates for new business proposals and assist Estimating and Program Analysts in developing rationale for basis of estimates.
• Development and maintenance of Work Breakdown Structures (WBS) in APEX/SAP, Budget preparation and monthly Earned Value reporting.
• Support and train other OSC teammates when manager/lead is unavailable.
• Review and lead process improvement projects.

Qualifications You Must Have

• Typically requires: A University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience
• Experience using SAP Business System
• Experience with Microsoft Office Suite

Qualifications We Prefer

• Experience with APEX/SAP Managed Programs finance module & Business Warehouse or similar system
• Analytical mindset and ability to analyze and interpret financial information in support of business portfolio
• R6Sigma/CORE Specialist
• Earned Value Management System (EVMS) certified