Principal Specialist, Program Cost Controls

Posted 7 Days Ago
Be an Early Applicant
Hiring Remotely in California
Remote
Senior level
Aerospace • Industrial
The Role
The Principal Specialist in Program Cost Controls will manage financial support for program execution, analyze earned value metrics, and communicate with program managers to ensure correct cost and schedule management.
Summary Generated by Built In

Date Posted:

2025-03-26

Country:

United States of America

Location:

RCA99: RTN Remote, California

Position Role Type:

Remote

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring 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. Our team solves tough, meaningful problems that create a safer, more secure world. 

Raytheon has an exciting opportunity for a Principal Specialist, Program Cost Controls (P3) to join our Program Finance team. This individual will report directly to the OPIR Baseline Execution Finance manager and work closely with Control Account Managers (CAMs) and the Program Manager (PM) to drive financial results while also maintaining strong internal controls to drive successful program execution. This position is currently designated as on-site.

What You Will Do

  • Provide Finance support in development of quarterly Estimate-At-Completes (EACs), monthly Latest Revised Estimates (LREs) and Program Management Reviews (PMR)
  • Providing support of month-end close financial planning activities and customer/internal reporting
  • On-going communication with Program Managers and CAMs to help manage program cost and schedule
  • Earned Value Management reporting, including generation and analysis of monthly program metrics
  • Coordinate and process budget change requests (BCR) each month
  • Ensuring program costs are collected correctly by maintaining active charge numbers and IOTs, monitoring actual charges, and processing transfers when appropriate
  • Ad-hoc requests

Qualifications You Must Have

  • Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience
  • Experience with skills like Program Controls, EAC, and/or Earned Value Management Systems
  • Experience with MS Office products (Excel, Word, PowerPoint)
  • 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

  • Knowledge of Federal Acquisition Regulations (FAR)
  • Demonstrated experience in creating and submitting earned value customer reporting, such as the IPMR
  • Ability to interface effectively with Program Management team and other functional organizations
  • Experience using SAP/APEX, and PMX
  • Experience using Edit+ and RPLAN
  • Ability to Work under minimal supervision and deadline driven
  • Possess critical thinking and problem-solving skills and task flexibility
  • Demonstrated sense of urgency and ability to meet multiple commitments
  • Ability to perform ad-hoc analysis, data integrity checks, and reconciliations
  • Excellent communication skills (written and oral)

What We Offer

  • Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

Learn More & Apply Now!

Please consider the following role type definition as you apply for this role.

Remote: This position currently is designated as remote. Employees who are working in remote roles will work primarily offsite (from home) but may be expected to travel to the site location as needed. The successful candidate for this role will be required to reside and work from one of the 50 U.S. states (excluding U.S. territories).

The salary range for this role is 82,000 USD - 164,000 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.

Privacy Policy and Terms:

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Top Skills

Apex
Eac
Earned Value Management Systems
Edit+
MS Office
Pmx
Program Controls
Rplan
SAP
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The Company
HQ: Waltham, MA
27 Employees
On-site Workplace
Year Founded: 2020

What We Do

RTX, formerly known as Raytheon Technologies Corporation, is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It includes four industry-leading businesses—Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. With 195,000 employees, the company is pushing the boundaries of avionics, cybersecurity, directed energy, electric propulsion, hypersonics, quantum physics and more. Raytheon Technologies formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses.

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