Principal Specialist, Program Cost Controls

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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 boldness. 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.

The Airborne Electronic Attack (AEA) Finance team has an immediate need for a Program Cost Control Specialist to support the Low Rate Initial Production (LRIP) Programs under the Next Generation Jammer (NGJ) portfolio. The AEA portfolio falls under the Naval Power Business Unit and has annual revenue over $400M of both domestic & international business with exciting opportunities for future growth throughout the Long Range Plan. This role will provide overall financial support, analysis, and oversight to the NGJ LRIP programs under a growing portfolio with high visibility within the business.

Primary responsibilities will include, but not limited to, working and partnering with program managers and key functional stakeholders to ensure accurate weekly/monthly reporting, start-up activities (Baseline, Gate 5, PMX setup, etc.) on new awards, Estimate at Complete (EAC) & Latest Revised Estimate (LRE) management, financial forecasting, Performance Based Payment (PBP) billings, Monthly Integrated Program Management Data Analysis Report (IPMDAR) external reporting, and supporting strategic meetings with program leadership.

What You Will Do

• Program start up and implementation support inclusive of contract modification processing, project setup, and NWA management .
• Prepare weekly & monthly reports to include LRE development, internal & external EV requirements, & financial variance analysis.
• Manage the coordination, development, and delivery of monthly financial CDRLs .
• Cost and schedule control analysis – Maintaining compliance within EVMS
• Preparation and Analysis of Quarterly EACs including cost analysis, risks, and opportunities.
• Generate and Support BCR/SWA Process.
• Ad hoc AEA program control support, as needed.

Qualifications You Must Have

• Typically requires a Bachelor’s degree in Finance, Accounting, Business Administration, or related field or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience.
• Experience with Earned Value, Estimates at Complete.
• Experience with Microsoft Office Suite.

Qualifications We Prefer

• Experience with IPMR / IPMDAR reporting.
• Demonstrated experience with current Raytheon financial tools/systems (APEX, BW, RPLAN).
• Excellent critical thinking, program solving, and resolution-making skills
• Ability to meet critical deadlines, manage multiple priorities, and implement process improvement.
• Deep interpersonal/communication skills and the ability to effectively communicate to all levels of organization.
• Independent, self-motivated, and highly organized.
• Prior Program Control Experience a plus.

Additional Information

• This position is grade P3, Principal Specialist, Program Cost Controls.
• 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.
• Relocation assistance is not available.

What We Offer

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

Learn More & Apply Now!

• RTX solves some of the toughest challenges in aerospace and defense. That requires expansive thinking and bold innovation – and that, in turn, requires a culture that is diverse, equitable and inclusive.
• We embrace individuality and diversity of thought to fuel opportunity for our employees, our customers, and our communities. We work toward progress, knowing that a more inclusive world is critical to our mission. Not just in this moment, but always.

The salary range for this role is 85,000 USD - 179,000 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/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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