Program Cost Controls Analyst (P1) *HYBRID*

Raytheon; McKinney (TX); Hybrid; USD 57,000 - 109,000; Full time

Benefits offered by this job

Medical benefits

401(k) match

Paid time off

Job summary

Raytheon in McKinney, TX is seeking an entry-level Program Cost Controls Analyst (P1) to join the Product Support SSBU within Land and Air Defense Systems. You will support weekly, monthly forecasts, EAC updates, and financial analysis in a collaborative program finance team supporting high-visibility defense programs.

This hybrid role offers on-site and remote work options within commuting distance to McKinney, with relocation not provided, and opportunities to develop skills in forecasting,

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Mathematics or related field.
• Experience with financial reporting, data analysis, forecasting and/or process improvement.
• Proficient in Microsoft Office Suite (advanced Excel with pivot tables, VLOOKUP, conditional formatting, and data visualization).
• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.

Responsibilities

• Support development and maintenance of weekly and monthly sales forecasts aligned with program financial objectives.
• Assist in Annual Operating Plan (AOP) creation and updates, including data consolidation and reporting.
• Perform weekly, monthly, and quarterly variance analysis to identify drivers.
• Contribute to annual Estimate at Completion (EAC) development and updates.
• Analyze program financial data to identify trends, risks, and opportunities for leadership.
• Collaborate with cross-functional teams to support accurate financial tracking and execution.
• Provide ad hoc financial analysis for program reviews and leadership requests.
• Support continuous improvement by enhancing forecasting processes and data accuracy.

Skills

Excel advanced

Financial analysis

Communication

Data analysis

Citizenship required

Education

Bachelor’s degree in Finance

Tools

Microsoft Office

SAP

SAP BW

Job description

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

Date Posted:
2026-09-28

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.
The Product Support SSBU within Land and Air Defense Systems (LADS) has an exciting opportunity for an entry level Program Cost Controls Analyst (P1) supporting our C3S2 business area. Product Support C32S plays a critical role in delivering sustainment and production solutions in support of the prime Global team. In this role, you will join a collaborative program finance team supporting high-visibility defense programs, with opportunities to develop foundational skills in financial analysis and program controls.

This role is being offered in a hybrid capacity (onsite & remote) with the preferred candidate located within a commutable distance to McKinney, TX. Other acceptable locations are Andover, MA, Forest, MS or Tucson, AZ. Relocation assistance is not being provided.

What You Will Do

• Support development and maintenance of weekly and monthly sales forecasts, ensuring alignment with program financial objectives
• Assist in Annual Operating Plan (AOP) creation and updates, including data consolidation, analysis, and reporting
• Perform weekly, monthly, and quarterly variance analysis, identifying key cost, schedule, and performance drivers
• Contribute to annual Estimate at Completion (EAC) development and updates, ensuring forecasts reflect current program status and risks
• Analyze program financial data to identify trends, risks, and opportunities and communicate insights to program leadership
• Collaborate with cross-functional teams (Program Management, Engineering, Finance, Supply Chain) to support accurate financial tracking and execution
• Provide ad hoc financial analysis and reporting in support of program reviews, leadership requests, and strategic decisions
• Support continuous improvement efforts by helping enhance forecasting processes, reporting tools, and data accuracy

What You Will Learn

• Gain hands-on experience in program financial management within a complex, fast-paced defense environment
• Develop a strong understanding of forecasting methodologies, including weekly/monthly sales forecasts and Annual Operating Plan (AOP) development
• Strengthen skills in data analysis, financial modeling, and reporting tools (e.g., Excel and enterprise financial systems)
• Understand how to support and operate within a cross-functional program team, partnering with Program Management, Engineering, Finance, and Supply Chain
• Gain exposure to defense industry financial practices, including cost controls, program reviews, and compliance requirements
• Improve business communication skills, including presenting financial data, risks, and recommendations to stakeholders

Qualifications You Must Have

• Typically requires a Bachelor’s degree in Finance, Accounting, Economics, Mathematics or a related discipline & less than 2 years of professional experience in a finance or accounting function
• Experience with financial reporting, data analysis, forecasting and/or process improvement
• Experience with in Microsoft Office Suite (advanced Excel skills including pivot tables, VLOOKUPs, conditional formatting, and/or data visualization)
• 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

• Strong Organizational skills; Able to meet critical deadlines
• Analytical, problem-solving and decision-making skills
• Ability to effectively work in a challenging and fast paced environment while multi-tasking on several different program issues concurrently
• Ability to communicate effectively with all levels of management both verbally and in written form
• Knowledge of SAP software, SAP Business Warehouse or equivalent systems

The salary range for this role is 57,200 USD - 108,800 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.