Program Cost Control Senior Analyst

RTX (Raytheon); McKinney (TX); On-site; USD 95,000 - 120,000; Full time

Job summary

RTX, a leading defense contractor, seeks a Sr Analyst, Program Cost Controls to support the STARS team and MSR product line. You will lead monthly financial planning, forecast analyses, and reporting, providing recommendations to program leadership.

The role emphasizes cost control, EAC/LRE maintenance, and collaboration across Contracts, Operations, Engineering, and Finance to ensure accurate financial baselines and timely insights.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Economics, or related field plus 2 years of relevant experience.
• Experience using Microsoft Excel for financial analysis and reporting.
• Experience using Microsoft PowerPoint and Word to prepare financial reports, presentations, and business documentation.
• U.S. citizenship is required for security clearance access.

Responsibilities

• Lead and support monthly financial planning, forecasting, and close activities using RPLAN.
• Prepare and maintain Quarterly Estimates at Completion (EACs) and monthly Latest Revised Estimates (LREs).
• Analyze forecast commitments, financial risks, and opportunities and communicate results to program teams and senior leadership.
• Prepare weekly, monthly, and quarterly variance analyses, including identification of trends, cost drivers, and variances to plan or forecast.
• Perform cost, schedule, and financial reporting activities, including funding analysis, funding tracking, forecasting, and reporting using established enterprise tools and processes.
• Review and validate EAC inputs, financial presentations, and proposal materials for accuracy, completeness, and consistency with approved financial baselines.
• Perform PRISM and material financial analysis, including MRP updates and analysis of grouping, pegging, and distribution impacts.
• Analyze material costs and related financial data to support end-to-end material cost reporting.
• Coordinate with Program Management, Contracts, Operations, Engineering, and other functional organizations to obtain and validate financial and operational information.
• Prepare financial analysis, reports, presentations, and recommendations for program leadership.
• Support proposal activities through financial analysis, cost data review, and preparation of required financial materials.
• Support program cash management activities, including analysis, tracking, forecasting, and reporting.

Skills

Advanced Excel

Presentation skills

Cross-functional coordination

Education

Bachelor's degree in Finance, Accounting, Business, Economics, or related discipline

Tools

SAP

APEX EV

BW (Business Warehouse)

RPLAN

PRISM

Job description

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.

Radio Frequency Solutions (RFS), a mission area within Advanced Products & Solutions (APS), is seeking a Sr Analyst, Program Cost Controls to support the Surveillance and Tactical Advanced Radar Solutions (STARS) team. The position supports the MSR product line, including production and spare programs with multiple end-users.

The position is responsible for financial forecasting and reporting, variance analysis, Estimates at Completion (EACs), Latest Revised Estimates (LREs), proposal support, and cash management. The position supports an onsite functional team and provides financial analysis and recommendations related to program execution, financial performance, and forecasts.

What You Will Do:

• Lead and support monthly financial planning, forecasting, and close activities using RPLAN.
• Prepare and maintain Quarterly Estimates at Completion (EACs) and monthly Latest Revised Estimates (LREs).
• Analyze forecast commitments, financial risks, and opportunities and communicate results to program teams and senior leadership.
• Prepare weekly, monthly, and quarterly variance analyses, including identification of trends, cost drivers, and variances to plan or forecast.
• Perform cost, schedule, and financial reporting activities, including funding analysis, funding tracking, forecasting, and reporting using established enterprise tools and processes.
• Review and validate EAC inputs, financial presentations, and proposal materials for accuracy, completeness, and consistency with approved financial baselines.
• Perform PRISM and material financial analysis, including MRP updates and analysis of grouping, pegging, and distribution impacts.
• Analyze material costs and related financial data to support end-to-end material cost reporting.
• Coordinate with Program Management, Contracts, Operations, Engineering, and other functional organizations to obtain and validate financial and operational information.
• Prepare financial analysis, reports, presentations, and recommendations for program leadership.
• Support proposal activities through financial analysis, cost data review, and preparation of required financial materials.
• Support program cash management activities, including analysis, tracking, forecasting, and reporting.

Qualifications You Must Have:

• Typically requires a Bachelor's degree in Finance, Accounting, Business, Economics, or a related discipline and a minimum of 2 years of relevant experience; or an advanced degree in a related discipline and less than 2 years of applicable experience.
• Experience using Microsoft Excel for financial analysis and reporting, including PivotTables, advanced formulas, and data analysis.
• Experience using Microsoft PowerPoint and Word to prepare financial reports, presentations, and business documentation.
• U.S. citizenship is required because only U.S. citizens are eligible for U.S. Government security clearance access.

Qualifications We Prefer:

• Experience using SAP, APEX EV, Business Warehouse (BW), RPLAN, PRISM, or comparable enterprise financial systems.
• Experience working with cross-functional organizations, including Contracts, Operations, Engineering, Program Management, or Finance.
• Experience analyzing financial and operational data to evaluate program or portfolio performance, identify variances, and support corrective actions.
• Experience managing multiple assignments, priorities, and reporting requirements within established deadlines.
• Experience working in a matrixed organizational structure.
• Experience with Government Contracting (GovCon) or Defense industry financial processes.
• Experience presenting financial or program information to management.
• Experience with government accounting requirements.
• Experience with Sarbanes-Oxley (SOX) compliance requirements.
• Experience