Principal Specialist, Program Cost Controls (Dev & Test)

Raytheon; Huntsville (AL); Hybrid; USD 87,000 - 165,000; Full time

Benefits offered by this job

Benefits package

Hybrid work arrangement

Job summary

Raytheon is seeking a Principal Specialist to lead cost controls and EVMS-driven program management within the ASDS and GSMS segments. The role emphasizes EAC processes, quarterly estimates, and critical financial reporting across multiple stakeholders.

Hybrid work is expected, with a strong focus on cross-functional leadership. The selected candidate will manage baseline development, CFSRs, and cost/hours reporting while coordinating with program directors and customers.

Qualifications

• Bachelor’s degree with 5+ years of related experience, or advanced degree with 3+ years.
• Experience with EVMS, cost/schedule controls, and/or EAC process.
• Proficient in Microsoft Office (Excel, Word, PowerPoint).

Responsibilities

• Establish and maintain the baseline compliant with program instruction and EV policy.
• Develop the detailed cost CDRLs including CFSRs, Cost Data Summary Report (1921), and Functional Cost Hour Report (1921-1).
• Coordinate development of quarterly Estimates at Complete, BCR coordination and implementation.
• Provide thorough cost and schedule analysis.
• Partner with Program Management and cross functional leads to support program execution.
• Prepare finance charts for Program Management Reviews and other reporting activities as required.

Skills

EVMS

Program Controls

EAC

Microsoft Office

Education

Bachelor’s degree in related field

Advanced degree in related field

Tools

APEX

PRISM

Analysis for Office

Rplan

Job description

Location: US-MA-WOBURN-WB1 ~ 235 Presidential Way ~ SPENCER BLDG

Date Posted: 2026-09-10

Country: United States of America

Location: US-MA-WOBURN-WB1 ~ 235 Presidential Way ~ SPENCER 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.

We have an excellent opportunity to join the Air & Space Defense Systems (ASDS) business area of the Global Sensors & Mission Systems (GSMS) Mission Area as a Principal Specialist (P3) within the Development, Test & Growth Business Area as the lead of the RSTAC and National Team programs. This position requires proactive leadership and interaction with Program Area Directors, Program Managers, and customer representatives from finance and contracts teams to ensure alignment regarding strategy, operating and financial objectives. The candidate’s responsibilities include the day-to-day execution of the program, managing all aspects of Earned Value and Estimate at Completion (EAC).

The selected candidate must be able to work under deadlines and constraints as well as have the ability to multitask across program requirements. This position requires the ability to provide top level program planning and control guidance as well as the ability to summarize, package, and present information to all levels of management.

What You Will Do

• Help establish and maintain the overall baseline that is compliant with the program instruction, internal EVM policy and 10255
• Support and develop the detailed cost CDRLs including Contractor Funding Summary Report (CFSRs), Cost Data Summary Report (1921), and Functional Cost Hour Report (1921-1)
• Coordinate development of quarterly Estimates at Complete, Budget Change Request (BCRs) coordination and implementation
• Provide thorough cost and schedule analysis
• Partnership with Program Management and cross functional leads to support program execution
• Prepare finance charts for Program Management Reviews and other reporting activities as required

Qualifications You Must Have

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience
• Experience with Earned Value Management System (EVMS), Program Controls (Cost/Schedule), and/or Estimate at Completion (EAC) Process
• Experience using Microsoft Office applications (Excel, Word and/or PowerPoint)

Qualifications We Prefer

• Experience with Finance Business Systems: APEX, PRISM, Analysis for Office and/or Rplan
• Working knowledge of Raytheon financial and accounting policies and procedures
• Excellent analytical and problem-solving skills with the ability to multitask effectively in a fast paced work environment
• Strong communication skills and attention to detail with ability to meet deadlines, work in a team environment and manage multiple tasks
• Must be independent and self-motivated
• Prior experience in Program Cost Controls and EVMS audit/surveillance experience

What We Offer

• Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

Please consider the following role type definition as you apply for this role.

Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

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 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.