Principal Specialist, Program Cost Controls

Reposted 16 Hours Ago
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Tucson, AZ, USA
In-Office
87K-165K Annually
Senior level
Aerospace • Defense
The future of aerospace and defense
The Role
The Principal Specialist, Program Cost Controls will develop cost estimates, conduct variance analysis, support EVM systems, and prepare financial reports while collaborating with various teams.
Summary Generated by Built In

Date Posted:

2026-05-11

Country:

United States of America

Location:

US-AZ-TUCSON-801 ~ 1151 E Hermans Rd ~ BLDG 801 (External Site)

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 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 Standard Missile 2 program has an immediate need for a Principal Financial Analyst to join our Program Cost Controls team. The SM-2 program is a part of the Navel Shipboard Portfolio within Naval Standard Missile Systems (NSMS) Production.  SM-2 is currently executing both FMS and DCS production efforts through 2027, Domestic and FMS depot, spares and test equipment support activities anticipated to continue deep into the 21st century.

As a core member of this team, you will work in a challenging and fast paced team environment on a program team. This analyst will have frequent interaction and collaboration with various functions (finance, engineering, operations, contract, and program office).

This position is currently designated as Hybrid. However, the successful candidate will be required to work onsite from the following Raytheon location: Tucson AZ .

What You Will Do

  • Participate in development of quarterly Estimates at Complete (EACs).

  • Support CAMs in development of variance analysis especially around Estimate to Completions (ETC).

  • Support preparation of cost CDRLs including Contractor Funding Summary Reports (CFSRs), as required by contract.

  • Support Baseline Change Requests (BCRs) via baseline establishment and maintenance.

  • Support Earned Value Management Systems (EVMS) implementation and maintenance, variance analysis, monthly Latest Revised Estimate (LRE) development, data analysis and reporting.

  • Provide comprehensive monthly Cost and Schedule reports and analysis.

  • Utilize a comprehensive suite of program controls tools (Business Warehouse (BW), Analysis for Office (A/O), SAP/APEX, PM Tools Suite) to provide targeted analysis.

  • Collaborate with key functional leaders in the Program Office, Engineering, Supply Chain, as well as Leadership Team to support financial reviews and execution of a program with significant scope.

  • Provide support for internal/external program reviews with key team members.

Qualifications You Must Have

  • Typically requires a Bachelor’s degree in Finance, Accounting, Economics, Mathematics or related field and a minimum of 5 years finance work experience; OR an Advanced degree and minimum of 3 years finance work experience.

  • Experience with EAC's and/or estimating program costs.

  • Experience with the Microsoft tool suite (Excel, Word, and/or Power Point).

  • Experience using ERP Systems (i.e SAP Business Systems PRISM, SAP, AO reporting) or a similar system.

  • U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance.

Qualifications We Prefer

  • Demonstrating initiative in driving assigned tasks and projects to successful completion.

  • Work independently, managing time and priorities effectively to meet deadlines and deliver quality results.

  • Goal-oriented individual who enjoys working in a team environment with excellent communication, organization and analytical skills.

  • Collaboration across various teams to achieve shared goals and ensure alignment with organizational objectives.

What We Offer

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

  • Relocation is not available.

Learn More & Apply Now!

  • Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

#LI-Hybrid

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 in Finance, Accounting, Economics, Mathematics or related field
  • Minimum of 5 years finance work experience
  • Experience with EACs and/or estimating program costs
  • Experience with Microsoft tool suite (Excel, Word, Power Point)
  • Experience using ERP Systems (i.e SAP)

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.

  • Healthcare Strength Company materials highlight comprehensive medical, dental, and vision options with HSA‑eligible plans and company HSA contributions where applicable, alongside wellness incentives. This depth is presented as part of a broad, competitive package.
  • Retirement Support Retirement programs include a 401(k) with company matching and, in some business units, an additional age‑based retirement contribution, supported by a unified RTX Savings Plan structure. These features signal a competitive total retirement offering.
  • Leave & Time Off Breadth Time‑off and flexibility options include paid time off, family leave, and alternative schedules such as 9/80 in many roles. These options are highlighted as valued work–life balance features.

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The Company
HQ: Waltham, MA
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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