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 Electronic Warfare Systems (EWS) Finance group, in Goleta, CA is seeking a Principal Specialist, Program Cost Controls, working in an onsite role to support a growing area of emerging (classified) programs. This position will require working on a program team in direct support of Program Business Management requirements. You must be able to work in a fast-paced environment and adapt quickly to changing requirements. The ability to learn processes quickly and apply knowledge to unique situations will be critical to performing successfully in the position. 

What You Will Do

• Aligning with Program Management, Contracts, and Integrated Product Team’s to prepare budgets and baseline new programs in accordance with Raytheon policies.
• Preparing accurate bookings, sales, material, staffing and profit forecasts.
• Generation of weekly/monthly labor and material financial reports.
• Preparing, analyzing and reviewing EACs with appropriate management levels.
• Proposal cost and price estimating.
• Preparing Gate 5 Budgets, baselines and monitoring progress and report variances.
• Supporting contracts by providing information for customer inquiries such as program actuals or expenditure profiles.
• Participating in the control of costs and schedules on contracts.
• Candidate must be willing to communicate and ask questions and work with other functional organizations to accomplish team goals.

Qualifications You Must Have

• Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years’ experience.
• Working knowledge of SAP, Business Warehouse and PRISM.
• Experience with Business Planning Systems.
• EVMS (Earned Value) certification
• Security Clearance - An active security clearance is required. U.S. citizenship is required as only U.S. citizens are eligible for a security clearance.

Qualifications We Prefer

• Understanding of Raytheon financial and accounting policies and procedures
• Ability to care for time and prioritize workload.
• Ability to work through problems with minimal supervision.
• Demonstrated ability to prioritize concurrent requirements and accommodate numerous stakeholders.
• Excellent written and verbal skills including demonstrated ability to succinctly present complex information.
• Knowledge of key financial systems and tools (Excel, PowerPoint)
• Deep critical thinking and problem-solving skills.
• Must be flexible and able to care for a wide range of work assignments.
• After 6 months the ability to work with minimal direct supervision as well as part of a team, accountability and self-inspired.

Additional Information

• This position is grade P3, Principal Speciali, 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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