Program Cost Control Principal Specialist

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: 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 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 EO/IR Solutions (EOIRS) Navy portfolio Finance team is seeking a Finance Analyst to support Navy programs. This role is responsible for but not limited to: supporting preparation of Long-Range Planning and Annual Operating Plans, financial forecasting and reporting, variance analysis, Earned Value Management (EVM) activities and compliance, Estimates at Completion (EACs), and cash management. The position requires managing multiple priorities, supporting cross-functional collaboration, and providing financial analysis and recommendations to support business decisions.

Support the monthly financial planning, forecasting, and close process (RPlan) Develop and support Quarterly Estimate-at-Completion (EAC) and monthly Latest Revised Estimate (LRE) activities Perform PRISM analysis, including review and updates to MRP drivers, grouping/pegging/distribution impacts, and material analysis Provide financial analysis and support to Factory Operations Managers, IPT Leads, and Supply Chain Management functions Communicate forecast assumptions, risks, and opportunities to program teams and leadership Prepare weekly, monthly, and quarterly variance reporting and data analysis Perform cost, schedule, and financial analysis and reporting, including funding planning, maintenance, and reporting using standard company tools and processes Review EAC inputs, presentations, and proposals for accuracy and completeness Review and analyze Earned Value Management (EVM), funding data, and monthly Contract Data Requirements List (CDRL) reporting Qualifications You Must Have: Typically requires a university degree or equivalent experience and a minimum of 5 years of relevant experience, or an advanced degree in a related field and a minimum of 3 years of relevant experience Experience applying Earned Value Management Systems (EVMS) for cost, schedule, and performance tracking Experience developing financial forecasts, budgets, and performing variance analysis Experience using Microsoft Office applications, including Excel, Word, and PowerPoint Experience analyzing program data and producing trend analysis outputs using Microsoft Excel 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: Experience with cost and schedule control and variance analysis Experience supporting Program Estimate-at-Completion (EAC) reviews and policy compliance activities Experience supporting Program Managers, CAMs, IPTLs, OPMs, and Material Program Managers in program execution Experience supporting Short Range Outlook (SRO) tracking, financial forecasting,