Program Cost Controls Analyst

Raytheon; McKinney (TX); Hybrid; USD 69,000 - 131,000; Full time

Benefits offered by this job

Hybrid work arrangement

Competitive benefits package

Security clearance support

Job summary

RTX, a leading aerospace and defense company, seeks a Senior Financial Analyst (P2) to support EVMS, forecasting, and EVM reporting for large Emerging and Proprietary programs in McKinney, TX. Hybrid work arrangement with security clearance eligibility is required.

The role focuses on cost control, performance analysis, and cross-functional collaboration with CAMs, IPT leads, and program management. A university degree or equivalent is required, with 2+ years of related experience.

Qualifications

• University degree or equivalent experience.
• Experience with Excel for financial analysis and reporting.
• Experience with SAP and PM tools is a plus.
• U.S. citizenship and ability to obtain security clearance.

Responsibilities

• Maintain the EVMS for programs.
• Develop EACs and support forecasting.
• Analyze EVM metrics and program performance data.
• Track weekly and monthly costs incurred.
• Prepare financial analyses for leadership reviews.
• Coordinate with CAMs/IPT leads and other functions.
• Prepare financial reports and presentations for reviews.
• Communicate financial information to stakeholders.

Skills

Excel for financial analysis

PowerPoint presentations

Word reports

PivotTables & PivotCharts

Data analysis & variance analysis

Education

University degree or equivalent experience

Tools

SAP

Job description

Date Posted:

2026-11-02

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:

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

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 Electro-Optical Infrared Solutions (EOIR) business within the Advanced Products and Solutions (APS) business unit is seeking a Senior Financial Analyst (P2) to support financial analysis, forecasting, Earned Value Management (EVM), and external Contract Data Requirements List (CDRL) reporting for Emerging and Proprietary programs with more than $500 million in existing awards and potential additional options.

This position requires a hybrid work arrangement at the Raytheon facility in McKinney, Texas.

What You Will Do:

• Maintain the contractual Earned Value Management System (EVMS).
• Develop quarterly Estimates at Completion (EACs) and support financial forecasting.
• Analyze Earned Value Management (EVM) metrics and program performance data.
• Analyze weekly and monthly costs incurred.
• Prepare cost and performance analyses for program leadership.
• Coordinate financial activities with Cost Account Managers (CAMs), Integrated Product Team (IPT) Leads, Program Management, Finance, Engineering, Supply Chain, Contracts, and Operations.
• Prepare financial reports, charts, and presentations for program and business reviews.
• Communicate financial and program performance information to internal and external stakeholders.

Qualifications 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 for financial analysis and reporting, including PivotTables, PivotCharts, formulas, data analysis, and variance analysis.
• Experience using Microsoft Word to prepare reports and program documentation.
• Experience using Microsoft PowerPoint to prepare financial presentations and management briefings.
• U.S. citizenship and the ability to obtain and maintain a U.S. government-issued security clearance.

Qualifications Preferred:

• Experience with Earned Value Management System (EVMS) baseline development, implementation, maintenance, or surveillance.
• Experience working with cross-functional organizations, including Engineering, Supply Chain, Contracts, and Operations.
• Experience using SAP, including PRISM Material Requirements Planning (MRP).
• Experience using the Raytheon Program Management (PM) Tool Suite.
• Experience analyzing financial and quantitative data.
• Experience preparing and presenting financial information.
• Experience communicating with U.S. government customers.
• Experience managing financial activities with limited supervision.

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.
• Clearance Information: Clearance Information:This position requires security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm

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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