Program Cost Control Principal Specialist

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

Benefits offered by this job

Parental leave

Flexible work schedules

Education assistance

Annual incentive programs

Job summary

RTX in McKinney, TX, seeks a Finance Analyst to support Navy programs within the EOIRS portfolio, focusing on long-range planning, annual plans, forecasting, EVM, and cash management.

You will collaborate with Factory Operations, IPT Leads, and Supply Chain to drive financial insight and performance across multiple programs in a hybrid work model.

Qualifications

• Typically requires a University Degree or equivalent experience, or an advanced degree with more experience.
• Experience applying EVMS for cost, schedule, and performance tracking.
• Experience developing financial forecasts, budgets, and performing variance analysis.
• Experience using Microsoft Office applications (Excel, Word, PowerPoint).
• U.S. citizenship is required to access government systems.

Responsibilities

• Support monthly financial planning, forecasting, and close processes (RPlan).
• Develop quarterly EAC and monthly LRE activities.
• Perform PRISM analysis, MRP driver review, and material analysis.
• Provide financial analysis to Factory Operations Managers, IPT Leads, and SCM functions.
• Communicate forecast assumptions, risks and opportunities to teams and leadership.
• Prepare variance reporting and data analysis across timelines.
• Review EAC inputs, presentations, and proposals for accuracy.
• Review and analyze EVM, funding data, and monthly CDRL reporting.

Skills

EVMS

Forecasting

Variance analysis

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

U.S. citizenship

Education

University Degree or equivalent experience

Tools

SAP

APEX

PRISM

Program management tools

Job description

Location: US-TX-MCKINNEY-513WA ~ 2501 W University Dr ~ WING A BLDG
Date Posted: 2026-08-14
Country: United States of America
Location: US-TX-MCKINNEY-513WA ~ 2501 W University Dr ~ WING A 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 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 EO/IR Solutions (EOIRS) Navy portfolio Finance team is seeking a Finance Analyst to support Navy programs.

This role is responsible for but not limited to: supporting preparation of Long-Range Planning and Annual Operating Plans, financial forecasting and reporting, variance analysis, Earned Value Management (EVM) activities and compliance, Estimates at Completion (EACs), and cash management. The position requires managing multiple priorities, supporting cross-functional collaboration, and providing financial analysis and recommendations to support business decisions.

What You Will Do

• Support the monthly financial planning, forecasting, and close process (RPlan)
• Develop and support Quarterly Estimate-at-Completion (EAC) and monthly Latest Revised Estimate (LRE) activities
• Perform PRISM analysis, including review and updates to MRP drivers, grouping/pegging/distribution impacts, and material analysis
• Provide financial analysis and support to Factory Operations Managers, IPT Leads, and Supply Chain Management functions
• Communicate forecast assumptions, risks, and opportunities to program teams and leadership
• Prepare weekly, monthly, and quarterly variance reporting and data analysis
• Perform cost, schedule, and financial analysis and reporting, including funding planning, maintenance, and reporting using standard company tools and processes
• Review EAC inputs, presentations, and proposals for accuracy and completeness
• Review and analyze Earned Value Management (EVM), funding data, and monthly Contract Data Requirements List (CDRL) reporting

Qualifications You Must Have

• Typically requires a University Degree or equivalent experience 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 applying Earned Value Management Systems (EVMS) for cost, schedule, and performance tracking
• Experience developing financial forecasts, budgets, and performing variance analysis
• Experience using Microsoft Office applications, including Excel, Word, and PowerPoint
• Experience analyzing program data and producing trend analysis outputs using Microsoft Excel
• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements

Qualifications We Prefer

• Experience with cost and schedule control and variance analysis
• Experience supporting Program Estimate-at-Completion (EAC) reviews and policy compliance activities
• Experience supporting Program Managers, CAMs, IPTLs, OPMs, and Material Program Managers in program execution
• Experience supporting Short Range Outlook (SRO) tracking, financial forecasting, reporting, Annual Operating Plan (AOP), and long-range planning activities
• Experience working with Program Management, Finance Management, and cross-functional teams in program execution environments
• Experience using SAP, APEX, PRISM, and program management tools
• Experience managing assigned responsibilities with limited supervision in support of program execution activities

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.

Hybrid

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.

Salary

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.

Benefits

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.

Equal Opportunity Statement

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.