Principal Specialist, Program Cost Controls Onsite

Posted 9 Hours Ago
Be an Early Applicant
3 Locations
In-Office
87K-165K Annually
Senior level
Aerospace • Defense
The future of aerospace and defense
The Role
Manage program cost baselines, cost transfers, earned value and schedule performance reporting, CDRL submissions, revenue forecasts, and Estimates at Complete. Partner with program leadership and control account managers on financial reporting, analysis, reconciliation, and process improvements across multiple defense programs. The role requires collaboration, independent problem-solving, deadline management, and mentoring in program controls processes.
Summary Generated by Built In

Date Posted:

2026-09-03

Country:

United States of America

Location:

US-PA-STATE COLLEGE-5C ~ 302 Science Park Rd ~ BLDG 5C

Position Role Type:

Onsite

U.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

Security Clearance Type:

TS/SCI with Polygraph

Security Clearance Status:

Active and existing security clearance required after day 1

At 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.

Raytheon, an RTX Company, is seeking a Principal Program Cost Control Analyst for the Processing Application & Exploitation (PAE) portfolio. This position will directly support multiple programs within the PAE portfolio. We are seeking a hard-working, energetic, and dedicated individual to contribute to the overall success of our portfolio, as well as provide opportunities for career growth and advancements within the organization and company. In this role, you will have opportunities to work independently as well as collaborate with key functional stakeholders including Program Management to provide leadership and mentoring in financial reporting and processes. 

Successful candidates will demonstrate an aptitude for efficiency, problem-solving, and resourcefulness, with a commitment to quality while developing their leadership skills as a key business partner. Successful candidates must also be able to work under deadlines and constraints as well as be able to multitask across a variety of tasks and work with all levels of the organization.

What You Will Do

  • Maintain program management baseline, to include incorporating BCRs, LRE updates, and month-end PMB reconciliation.
  • Process cost transfers, as required
  • Generate internal reports on cost and schedule performance for Program Leadership and Control Account Managers.
  • Generate and submit required CDRLs, such as Contracts Funds Status Reports (CFSR), Business Management Review (BMR) and Integrated Program Management Report (IPMR).
  • Provide ad-hoc assistance, analysis, and reporting as requested by management and others.
  • Internal corporate reporting requirements such as revenue forecasts and Estimates at Complete (EAC).

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 in Program Controls, and/or experience with Earned Value Management fundamentals
  • Experience with Microsoft Office Suite
  • 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.

Qualifications We Prefer

  • Excellent analytical and problem-solving skills and task flexibility.
  • Demonstrated a sense of urgency and ability to meet multiple commitments.
  • Experience with SAP, APEX EV, Winsight or similar tools.
  • Knowledge of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS) and Generally Accepted Accounting Principles (GAAP).
  • Familiarity with Estimates at Complete (EAC) and Earned Value (EV) methodologies
  • Ability to interface effectively with Program Management team and other functional organizations.
  • Demonstrated ability for collaboration in a team environment.
  • Self-motivated and proactive in seeking process improvements and analytical insights with experience identifying, developing, and implementing process improvements.
  • Active TS/SCI

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.

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.

As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

The salary range for this role is 86,800 USD - 165,200 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.

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Skills Required

  • Bachelor's degree and at least 5 years of relevant experience, or an advanced degree in a related field and at least 3 years of experience
  • Experience in program controls and/or earned value management fundamentals
  • Experience with Microsoft Office Suite
  • Ability to obtain and maintain a U.S. government security clearance
  • U.S. citizenship
  • Excellent analytical and problem-solving skills and task flexibility
  • Experience with SAP, APEX EV, Winsight, or similar tools
  • Knowledge of Federal Acquisition Regulations, Cost Accounting Standards, and Generally Accepted Accounting Principles
  • Familiarity with Estimates at Complete and Earned Value methodologies
  • Ability to interface effectively with program management and functional organizations
  • Active TS/SCI security clearance

RTX Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about RTX and has not been reviewed or approved by RTX.

  • Retirement Support 401(k) programs are described with employer matching and, in many cases, an additional company retirement contribution, with a student‑loan repayment feature that can substitute for the match in eligible situations. Plan materials also reference automatic enrollment and other structural supports that strengthen long‑term savings.
  • Healthcare Strength Benefits materials highlight comprehensive medical, dental, and vision coverage alongside wellness tools and incentives. HSA‑eligible options with company contributions are also referenced on careers and benefits pages.
  • Parental & Family Support Program descriptions point to paid parental leave, backup childcare resources, and family supports such as birth/adoption benefits and an Autism Benefit (availability varies by unit and location). Dependent and elder‑care resources are also noted.

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The Company
HQ: Arlington, VA
185,000 Employees
Year Founded: 2020

What We Do

With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – we are advancing aviation, engineering integrated defense systems and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges.

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