Program Cost Control Senior Analyst

Raytheon; Tucson (AZ); Hybrid; USD 69,000 - 131,000; Full time

Benefits offered by this job

Educational assistance

Parental leave

Flexible work schedules

Job summary

Raytheon in the United States is seeking a Senior Analyst, Program Cost Controls to support financial execution for defense programs. The role involves cost reporting, EVM, analysis, and collaboration with Program Managers and Finance teams.

Hybrid work arrangement in a U.S.-based role, with responsibilities spanning Baseline Change Requests, LRE processes, PRISM/MRP data analysis, and cross-functional coordination across Contracts, Operations, Engineering, and Finance.

Qualifications

• University degree or equivalent experience, with at least 2 years in a related role.
• Proficient MS Excel, PivotTables, formulas, functions, and data analysis for financial reporting.
• Proficient MS PowerPoint for presenting financial and program information.
• Ability to obtain and maintain a U.S. Government security clearance; U.S. citizenship required.

Responsibilities

• Support Program Business Managers, IPT Leads, Program Managers, and Finance with program financial execution activities.
• Support program cost reporting, Earned Value Management (EVM), and financial analysis activities.
• Prepare internal cost reports and analyze cost data, financial planning system data, and program performance metrics.
• Compile quarterly Estimate at Completion (EAC) submissions for program and Finance review.
• Prepare monthly cost and performance analysis to support Earned Value reporting.
• Perform financial analysis at the functional and product levels to identify and document variances to budget, baseline, and EAC positions.
• Process approved Baseline Change Requests (BCRs).
• Support the Latest Revised Estimate (LRE) process using established financial tools and processes.
• Use PRISM, the Material Requirements Planning (MRP) system, to analyze grouping, pegging, and distribution data and support program material cost analysis.
• Respond to billing, funding, and financial data inquiries.
• Perform financial analysis in response to ad hoc requests.
• Support the AOIS Finance organization as a Senior Analyst, Program Cost Controls.

Skills

Financial analysis

EVM (Earned Value Management)

Education

University degree

Advanced degree

Tools

Excel

PowerPoint

Word

SAP

SAP BW

PRISM

MRP

Job description

Location:

US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG

Date Posted:

2026-09-24

Country:

United States of America

Location:

US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW 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'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.

What You Will Do:

• Support Program Business Managers, Integrated Product Team (IPT) Leads, Program Managers, and Finance personnel with program financial execution activities.
• Support program cost reporting, Earned Value Management (EVM), and financial analysis activities.
• Prepare internal cost reports and analyze cost data, financial planning system data, and program performance metrics.
• Compile quarterly Estimate at Completion (EAC) submissions for program and Finance review.
• Prepare monthly cost and performance analysis to support Earned Value reporting.
• Perform financial analysis at the functional and product levels to identify and document variances to budget, baseline, and EAC positions.
• Process approved Baseline Change Requests (BCRs).
• Support the Latest Revised Estimate (LRE) process using established financial tools and processes.
• Use PRISM, the Material Requirements Planning (MRP) system, to analyze grouping, pegging, and distribution data and support program material cost analysis.
• Respond to billing, funding, and financial data inquiries.
• Perform financial analysis in response to ad hoc requests.
• Support the Advanced Products & Solutions (APS) business area within the Advanced Open Integrated Solutions (AOIS) Finance organization as a Senior Analyst, Program Cost Controls (Cost, Schedule, and Control Analyst).

Qualifications You Must Have:

• Typically requires a University Degree or equivalent experience and a minimum of 2 years of prior relevant experience or an Advanced Degree in a related field.
• Experience using Microsoft Excel, including PivotTables, formulas, functions, and data analysis tools, to analyze financial data and prepare reports.
• Experience using Microsoft PowerPoint to create and format presentations containing financial and program information.
• Experience using Microsoft Word to create, edit, and format business and financial documents.
• Ability to obtain and maintain a U.S. Government security clearance, if required for assigned program responsibilities. Only U.S. citizens are eligible for a U.S. Government security clearance.
• U.S. citizenship is required, as access to certain financial management systems is restricted due to government contractual requirements.

Qualifications We Prefer:

• Experience preparing financial reports, written summaries, and presentations for stakeholders at multiple organizational levels.
• Experience presenting financial, cost, schedule, or program performance information to stakeholders.
• Experience using SAP, SAP Business Warehouse (BW), or equivalent financial systems.
• Experience with Earned Value Management (EVM), Estimate at Completion (EAC) analysis, or financial forecasting methodologies.
• Experience working with cross-functional organizations, including Contracts, Operations, Engineering, Finance, or Program Management.
• Experience applying established financial processes, procedures, and tools to analyze data and support resolution of program or business issues.
• Experience identifying data discrepancies, researching underlying causes, and documenting corrective actions.
• Experience reviewing financial reports and work products for accuracy, completeness, and consistency before submission or delivery.
• Active DoD Secret or Top Secret security clearance.
• Experience with program cost controls, Earned Value Management, Estimate at Completion, Latest Revised Estimates, or Baseline Change Requests.
• Experience with PRISM or Material Requirements Planning (MRP) systems.

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.

Learn More & Apply Now!

• 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 68,900 USD - 131,100 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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