Program Cost Controls Principal Specialist

Prattwhitney; McKinney (TX); On-site; USD 86,800 - 165,200; Full time

Benefits offered by this job

Healthcare benefits

Career development programs

Flexible work schedules

Job summary

Prattwhitney is looking for a Program Cost Control Specialist to provide financial support for the MBX development program. This role involves a variety of responsibilities including financial reporting, Earned Value Management, and program oversight.

The ideal candidate will have a Bachelor’s degree in Finance or related field and significant experience in program finance within the defense industry. They will benefit from a hybrid work model and competitive compensation.

Qualifications

• Minimum of 5 years of relevant experience, or 3 years with an advanced degree.
• Experience with Earned Value Management and Estimates at Complete.
• Defense industry experience in program finance is required.

Responsibilities

• Prepare weekly and monthly financial reports and variance analysis.
• Perform cost and schedule control analysis for compliance.
• Manage coordination and delivery of financial Contract Data Requirements Lists.

Skills

Earned Value Management

Financial Analysis

Forecasting

Budgeting

Microsoft Office Applications

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or related field

Tools

APEX

BW

RPlan

Job description

The Electronic Attack Systems (EAS) Finance team has an opening for a Program Cost Control Specialist to support the externally reported MBX development program ($190M cost-type contract) within the Next Generation Jammer (NGJ) portfolio. This role provides financial support, analysis, and oversight for the MBX Program within the NGJ portfolio.

Primary responsibilities include partnering with program managers and functional stakeholders to support weekly and monthly reporting, Earned Value Management (EVM) reporting, Estimate at Complete (EAC) and Latest Revised Estimate (LRE) management, financial forecasting, Monthly Integrated Program Management Data Analysis Report (IPMDAR) external reporting, and program leadership reviews.

What You Will Do:

• Prepare weekly and monthly reports, including LRE development, internal and external earned value requirements, and financial variance analysis
• Manage the coordination, development, and delivery of monthly financial Contract Data Requirements Lists (CDRLs)
• Perform cost and schedule control analysis to support compliance with Earned Value Management Systems (EVMS)
• Prepare and analyze quarterly Estimates at Complete (EACs), including cost analysis, risks, and opportunities
• Generate and support Baseline Change Request (BCR) and Schedule Work Authorization (SWA) processes
• Provide ad hoc EAS program controls support, as required

Qualifications You Must Have:

• Typically requires a Bachelor’s degree in Finance, Accounting, Business Administration, or related field and a minimum of 5 years of relevant experience; or an Advanced Degree in a related field and a minimum of 3 years of relevant experience
• Experience with Earned Value Management and Estimates at Complete (EAC)
• Defense industry experience in program finance, including financial analysis, forecasting, budgeting, variance analysis, and program performance reporting
• Experience using Microsoft Office applications

Qualifications We Prefer:

• Experience with IPMR/IPMDAR reporting
• Experience using Raytheon financial tools and systems including APEX, BW, and RPlan
• Experience performing financial analysis, issue identification, and resolution activities
• Experience managing multiple priorities and supporting process improvement activities
• Experience communicating financial and program information across organizational levels
• Experience working independently and managing assigned responsibilities
• Prior Program Controls experience

What We Offer:

• Compensation: Salary range 86,800 USD - 165,200 USD
• Healthcare, wellness, retirement, and work/life benefits
• Career development and recognition programs
• Parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance, and child/adult backup care
• An employee assistance program and Employee Scholar Program
• Short-term and long-term incentive compensation programs, 401(k) match, and flexible spending accounts

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.

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.