Program Cost Control Principal Specialist

Raytheon; Woburn (MA); On-site; USD 87,000 - 165,000; Full time

Benefits offered by this job

Hybrid work model

Parental leave

Flexible work schedules

Educational assistance

Child/adult backup care

Job summary

RTX is seeking a Program Controls/Offset Analyst in the KSA TPY-2 portfolio based in US-MA-Woburn. The role focuses on financial management for localization projects, EACs, forecasts, and FP&A activities within offset programs valued in the hundreds of millions.

You will coordinate quarterly EACs, support AOP/5YP processes, and assist with proposal development and baseline development for offset initiatives while collaborating with localization teams and management. U.S. citizenship is required.

Qualifications

• Typically requires a Bachelor’s degree 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 Systems (EVMS), Program Controls (Cost/Schedule), and/or Estimate-at-Completion (EAC) processes.
• Experience using SAP APEX EV, BW, PMX, EDIT+, or a similar financial or program controls system.
• U.S. Citizen - U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Responsibilities

• Coordinate development of quarterly Estimates-at-Completion (EACs).
• Develop monthly forecasts and support Annual Operating Plan (AOP) and Five-Year Plan (5YP) processes.
• Support proposal development and baseline development for new offset projects.
• Respond to ad hoc financial analysis and reporting requests related to Localization activities.
• Perform cost and schedule analysis.
• Prepare financial charts and reports for Program Management Reviews, monthly operating reviews, financial overviews, and other reporting activities.
• Support the Business Manager with quarterly EAC activities and monthly FP&A activities.
• Coordinate financial activities with Localization Program Management and functional leads.
• Prepare weekly, monthly, quarterly, and annual financial reports and forecasts.
• Support Earned Value Management activities, including Budget Change Requests (BCRs).
• Support financial reporting and tracking for PPU, ERC, PT6 MRO, and other assigned offset projects.

Skills

EVMS

Cost/Schedule Controls

EAC processes

SAP APEX EV

BW

PMX

EDIT+

US Citizenship

Education

Bachelor’s degree + 5 years experience

Advanced degree + 3 years experience

Tools

Microsoft Excel

PowerPoint

Word

Job description

Location: US-MA-WOBURN-WB2 ~ 225 Presidential Way ~ GODDARD BLDG

Date Posted: 2026-08-27

Country: United States of America

Location: US-MA-WOBURN-WB2 ~ 225 Presidential Way ~ GODDARD BLDG

Position Role Type: Onsite

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.

The KSA TPY-2 Finance team within the Strategic Missile Defense Mission Area is seeking a Program Controls/Offset Analyst.

The KSA TPY-2 Production and Long Lead programs include the production of seven AN/TPY-2 Radars for the Kingdom of Saudi Arabia (KSA) in partnership with the Missile Defense Agency (MDA). The combined contract value is approximately $3B. The programs include offset obligations with a combined value of approximately $1.5B.

The analyst will support financial management of the KSA Localization scope, including weekly reporting, monthly and annual forecasting, quarterly Estimate-at-Completion (EAC) reviews, RPLAN/financial planning, Tracking Book, iPMRs, and Earned Value Management activities, including Budget Change Requests (BCRs).

The position will support current offset projects, including PPU (Prime Power Unit), with an EAC value exceeding $150M; ERC (Enhanced Repair Capability), with an EAC value exceeding $77M; and PT6 MRO, with an EAC value exceeding $75M. The position will also support evaluation, proposal development, and baseline development for potential offset projects.

What You Will Do:

• Coordinate development of quarterly Estimates-at-Completion (EACs).


• Develop monthly forecasts and support Annual Operating Plan (AOP) and Five-Year Plan (5YP) processes.


• Support proposal development and baseline development for new offset projects.


• Respond to ad hoc financial analysis and reporting requests related to Localization activities.


• Perform cost and schedule analysis.


• Prepare financial charts and reports for Program Management Reviews, monthly operating reviews, financial overviews, and other reporting activities.


• Support the Business Manager with quarterly EAC activities and monthly FP&A activities.


• Coordinate financial activities with Localization Program Management and functional leads.


• Prepare weekly, monthly, quarterly, and annual financial reports and forecasts.


• Support Earned Value Management activities, including Budget Change Requests (BCRs).


• Support financial reporting and tracking for PPU, ERC, PT6 MRO, and other assigned offset projects.

Qualifications You Must Have:

• Typically requires a Bachelor’s degree 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 Systems (EVMS), Program Controls (Cost/Schedule), and/or Estimate-at-Completion (EAC) processes.


• Experience using SAP APEX EV, BW, PMX, EDIT+, or a similar financial or program controls system.


• U.S. Citizen - U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Qualifications We Prefer:

• Earned Value Certification or completion of certification within 2 months of start date.


• Experience with proposal development or offset programs.


• Experience with FP&A and RPLAN.


• Experience using Microsoft Excel, PowerPoint, and Word.


• Experience managing multiple financial activities and established deadlines.


• Experience preparing and presenting financial reports and program performance information.


• Experience supporting cost and schedule analysis.


• Experience supporting financial baseline development.

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: 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 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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