Principal Specialist, Program Cost Controls Onsite

Raytheon; State College (Centre County); On-site; USD 87,000 - 165,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) match

Paid time off

Job summary

Raytheon Intelligence and Space is seeking a Finance Program Controls Analyst to support the Taurus program, a new contract awarded in May 2026 with a two-year period of performance. The role reports to the IEO Finance lead and focuses on time-phased budgets, cost accounting, and financial reporting.

You will work in a mix of independent and cross-functional settings with Program Management and Business Management, performing budgeting, EAC analyses, and ad-hoc data reviews.

Qualifications

• Bachelor’s degree with 5+ years of relevant experience, or an advanced degree with 3+ years of experience
• Experience with Microsoft Excel
• Active TS/SCI security clearance and U.S. citizenship for clearance eligibility

Responsibilities

• Perform program budgeting, scheduling, cost control, variance analysis, reporting, risk management, and financial support
• Develop quarterly EACs and project ETC/EAC/LRE projections
• Prepare and support financial CDRLs for customer submittals
• Create program review materials for Raytheon leadership and government customers
• Support WBS maintenance and cost accumulation
• Assist with manpower planning, forecasting, and reporting activities
• Provide PMO/CAMs with internal cost and schedule performance reports
• Conduct ad-hoc analysis and data integrity reviews of program financials

Skills

Microsoft Excel

Security clearance

Education

Bachelor’s degree

Advanced degree

Tools

APEX

SAP

PRISM

Job description

Location: US-TX-RICHARDSON-C37 ~ 1737 Cityline Dr ~ CITYLINE C37

Date Posted: 2026-08-20

Country: United States of America

Location: US-TX-RICHARDSON-C37 ~ 1737 Cityline Dr ~ CITYLINE C37

Position Role Type: Onsite

U.S. Citizen, U.S. Person, or Immigration Status Requirements: Active and transferable U.S. government issued security clearance is required prior to start date. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance

Security Clearance Type: TS/SCI without Polygraph

Security Clearance Status: Active and existing security clearance required on 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.

Raytheon’s Intelligence and Space Business is seeking a Finance Program Controls Analyst to support the Mission Support & Operations (MSO) portfolio. The selected candidates will support Taurus program, a new contract awarded in May 2026 with a 2-year period of performance and anticipate follow-on opportunities.

This role reports directly to the IEO Finance lead and is responsible for core financials including development of time-phased integrated budgets, cost accounting and financial reporting. We are seeking a driven, detail-oriented individual to contribute to program success as well as provide opportunities for career growth and advancements within the organization and company.

The position offers a mix of independent work and cross-functional collaboration with Program Management, Business Management, and other functional partners. Successful candidates will demonstrate strong analytical abilities, efficiency, problem-solving skills, and a commitment to high-quality results.

What You Will Do

• Perform program budgeting, scheduling, cost control, variance analysis, internal/external reporting, risk management, and overall financial support
• Development of quarterly EACs; analysis/assist in accurate projection of Estimate to Complete (ETC), Estimate at Complete (EAC) and Latest Revised Estimate (LRE) data
• Prepare and support financial Contract Data Requirements Lists (CDRLs) for customer submittals
• Create program review materials for Raytheon leadership and Government customers
• Support organization and maintenance of Work Breakdown Structures (WBS) and job cost accumulation
• Assist with manpower planning, forecasting, and reporting activities
• Provide PMO and CAMs with internal cost and schedule performance reports
• Conduct ad-hoc analysis, data integrity reviews, and validations related to program financials

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 Microsoft Excel
• Active TS/SCI security clearance
• Active and transferable U.S. government issued security clearance is required prior to start date. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance.

Qualifications We Prefer

• Experience in program controls or financial analysis within a matrixed organization
• Experience in the defense or aerospace industry
• Experience in Finance disciplines such as Program Controls, EVMS, Forecasting, and Accounting
• Ability to interpret and apply Raytheon financial policies and procedures
• Strong verbal and written communication skills
• Ability to multi-task and support a dynamic team environment
• Strong prioritization skills to meet deadlines
• Knowledge of DoD Acquisition processes
• Proficiency with APEX, SAP, and PRISM
• Working knowledge of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and Generally Accepted Accounting Principles (GAAP)

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.

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.

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