Program Controls Analyst

Raytheon; McKinney (TX); Hybrid; USD 87,000 - 165,000; Full time

Benefits offered by this job

Health benefits

Parental leave

Flexible work schedules

Educational assistance

Job summary

Raytheon in the United States is seeking a seasoned finance/program-control professional to lead Earned Value Management activities and ensure accurate cost and schedule reporting. You will collaborate with program managers and control Account Managers to maintain baselines, analyze variances, and support IPMR/CFSR submissions.

The role requires strong EVMS knowledge, Excel proficiency, and experience delivering EACs/LREs in a dynamic defense program environment.

Qualifications

• Typically requires a degree and several years of related experience in finance or program control.
• Experience with EVMS concepts and budget baseline management.
• Strong cost, schedule analysis, and financial reporting skills.
• Ability to obtain/maintain a U.S. government security clearance.

Responsibilities

• Perform Earned Value Management activities including baseline development, integration, maintenance, variance analysis, and reporting.
• Prepare Estimates at Completion (EACs) and Latest Revised Estimates (LREs) using established processes.
• Coordinate with Program Managers, CAMs, and teams on cost, schedule, and financial performance.
• Prepare internal program financial reports for reviews and funding tracking.

Skills

EVM concepts

Cost analysis

Schedule analysis

Excel

Education

Bachelor's degree in Finance/Accounting/Business/Economics or related field

Advanced degree (optional)

Tools

APEX

PRISM

PMX

Program Tool Suite

Job description

Location

US-TX-MCKINNEY-513WZ ~ 2501 W University Dr ~ WING Z BLDG

Date Posted

2026-10-06

Country

United States of America

Position Role Type

Hybrid

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

DoD Clearance: Secret

Security Clearance Status

Active and existing security clearance required after 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.

The position supports program cost controls activities, including Earned Value Management, cost and schedule baseline development and maintenance, variance analysis, financial reporting, Estimate at Completion (EAC) and Latest Revised Estimate (LRE) preparation, program funding, and program reporting.

What You Will Do

• Perform Earned Value Management (EVM) activities, including cost and schedule baseline development, integration, maintenance, variance analysis, and reporting.


• Prepare Estimates at Completion (EACs) and Latest Revised Estimates (LREs) using established processes, tools, and reports.


• Coordinate with Program Managers, Control Account Managers (CAMs), and program team members regarding cost, schedule, and financial performance.


• Prepare, review, and submit program reports, including IPMR and CFSR, in accordance with established reporting requirements and schedules.


• Prepare internal program financial reports and materials for program reviews.


• Monitor program funding requirements, prepare funding requests, and track funding status.


• Coordinate financial and program information with applicable functional organizations to support reporting requirements.


• Complete assigned financial and program control activities in accordance with established deadlines.

Qualifications You Must Have

• Typically requires Bachelor’s degree in Finance, Accounting, Business, Economics, or a related field and a minimum of 5+ years of related experience; or an advanced degree and a minimum of 3+ years of related experience.


• Experience using Microsoft Office Suite, including Microsoft Excel for financial analysis and reporting.


• Experience with Earned Value Management Systems (EVMS) concepts and Budget Baseline Management.


• Experience performing cost and schedule analysis, variance analysis, and financial reporting.


• Experience preparing or analyzing EACs and/or LREs.


• Experience working independently to plan and complete assigned responsibilities.


• Experience analyzing financial, cost, schedule, or program performance data and documenting findings.


• Experience preparing written reports, presentations, or other program documentation.


• The ability to obtain and maintain a U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance

Qualifications We Prefer

• Experience managing multiple concurrent assignments, reporting requirements, or program activities.


• Experience using Raytheon financial and program management tools, including APEX, PRISM, or PMX.


• Experience using the Program Management Tool Suite.


• Experience preparing IPMR or CFSR submissions.


• Experience with program cost controls or program finance.


• Experience communicating financial, cost, schedule, or program performance information to management, peers, customers, or other stakeholders.


• Experience preparing and delivering financial or program performance presentations.


• Experience with cost and schedule baseline development, maintenance, and change management.

What We Offer

• Whether you’re just starting out on your career journey or are an experienced professional, we offer a total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement, and work/life benefits; career development and recognition programs.


• Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance, and child/adult backup care.

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.

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.