Program Cost Controls Principal Specialist

Raytheon; Goleta (CA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Parental leave

Flexible work schedules

Educational assistance

Backup care

Job summary

Raytheon in Goleta, CA seeks a Program Controls Financial Analyst to support forecasting, cost/schedule analysis, and EVM-related activities on defense programs. This onsite role requires US citizenship and eligibility for a DoD clearance.

A strong FP&A background and cross-functional collaboration are essential. You will coordinate EACs, prepare management reports, and maintain program logs while partnering with Contracts, Operations, Engineering, and Supply Chain teams.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field; advanced degree preferred.
• Minimum of 8 years of relevant experience; or a related advanced degree with at least 5 years of experience.
• Experience working with cross-functional teams (Contracts, Operations, Engineering, Supply Chain).
• Proficient with Microsoft Office applications (Excel, Word, PowerPoint).
• U.S. Citizenship or eligibility for a DoD security clearance; ability to obtain clearance Day 1.

Responsibilities

• Forecasting, risk identification, and financial planning activities.
• Cost and schedule analysis.
• Coordinate development of quarterly Estimates at Completion (EACs).
• Provide financial analysis and recommendations to Program Teams and Leads.
• Prepare financial charts for Program Management Reviews and reporting.
• Perform cost, schedule, financial analysis and reporting and funding planning using standard tools.
• Implement and maintain Earned Value Management processes.
• Support development and delivery of Contract Data Requirements Lists (CDRLs).
• Establish and maintain program logs, including Work Authorization, Contract Modification Logs, and Risks & Opportunities.

Skills

Cross-functional collaboration

Financial analysis

Program controls experience

Education

Bachelor's degree in Accounting/Finance/Business or related field

Advanced degree in related field

Tools

MS Office

SAP

Earned Value Management

Job description

Date Posted:2026-08-17\u003cbr\u003eCountry: United States of America\u003cbr\u003eLocation: US-CA-GOLETA-H01 ~ 6380 Hollister Ave ~ BLDG H01\u003cbr\u003ePosition Role Type: Onsite\u003cbr\u003eU.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\u003cbr\u003eSecurity Clearance Type: DoD Clearance: Secret\u003cbr\u003eSecurity Clearance Status: Active and existing security clearance required after day 1\u003eAt 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.\u003cbr\u003eWhat You Will Do:

• Perform forecasting, risk identification, and financial planning activities.
• Perform cost and schedule analysis.
• Coordinate the development of quarterly Estimates at Completion (EACs).
• Provide financial analysis and recommendations to Program Teams and Leads.
• Prepare financial charts for Program Management Reviews, monthly operating reviews, financial overviews, and other required reporting.
• Perform cost, schedule, financial analysis and reporting, and funding planning activities using standard company tools and processes.
• Implement and maintain Earned Value Management (EVM) processes.
• Support the development and delivery of Contract Data Requirements Lists (CDRLs).
• Establish and maintain program logs, including Work Authorization, Contract Modification Logs, and Risks & Opportunities (R&Os).

Qualifications You Must Have:

• Typically requires a bachelor\'s degree in Accounting, Finance, Business, or a related field and a minimum of 8 years of relevant experience; or an advanced degree in a related field and a minimum of 5 years of relevant experience.
• Experience working with cross-functional teams, including Contracts, Operations, Engineering, and Supply Chain, in program development and execution.
• Experience using Microsoft Office applications, including Excel, Word, and PowerPoint.
• The ability to obtain and maintain a U.S. government issued security clearance is required prior to start date, Day 1 with the ability to obtain program access after start.
• U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance.

Qualifications We Prefer:

• Experience using SAP financial tools or systems.
• Experience with Earned Value Management (EVM).
• Experience with manufacturing or Material Requirements Planning (MRP) in the aerospace and defense industry.
• Working knowledge of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and Generally Accepted Accounting Principles (GAAP).
• Experience identifying, analyzing, and resolving program or financial issues.
• Experience managing multiple priorities and meeting established deadlines.
• Experience implementing process improvements.
• Experience communicating financial and program information to stakeholders at multiple organizational levels.
• Prior Program Controls experience.
• Active security clearance.

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.

Onsite: Employees who are working in onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.\u003cbr\u003eClearance 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\u003cbr\u003e 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.\u003cbr\u003e