Principal Specialist, Program Cost Controls (hybrid)

Date Posted:

2023-09-05

Country:

United States of America

Location:

TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 USA

Position Role Type:

Hybrid

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 aggression. 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.  

Job Summary:

The Advanced Product Center (APC) within Raytheon is looking for a Principal Specialist, Program Cost Controls (grade P3) to join our growing team. The candidate will drive the operations finance process, monitor program health and compliance, and partner with other functional team members to improve program financial metrics. In addition, this position is responsible for actively identifying risks that affect cost and/or schedule and providing proactive analysis of all financial aspects of the responsible programs. This position is a hybrid role, and the selected applicant will work with the hiring manager to set schedule. The selected candidate can anticipate 70% remote & 30% onsite.

The ideal candidate would be able to work in a challenging fast paced team environment, have a strong earned value analysis skillset, be a success minded team member who possesses strong self-initiative and multi-tasking skills, be able to provide analytical support while under critical deadlines and be involved in process improvement initiatives. Additionally, the candidate needs to effectively communicate analysis and results with our customer.

Responsibilities to Anticipate:

  • Program cost/schedule control and analysis and utilizing Earned Value Management Systems (EVMS)

  • Forecasting, Estimate-at-Completion (EAC), Latest Revised Estimates (LRE), variance analysis and data reviewing/reporting

  • Partner with the Program Manager and CAMs/IPTLs to provide financial leadership in the successful execution of various IDIQ contracts

  • Performance of additional ad-hoc analysis will be required as well as support of 5 Year and AOP forecasting. 

Basic Qualifications:

  • Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years’ experience.

  • Strong Earned Value (EV) skillset

  • Experience in using SAP Business Systems APEX EV & PRISM EV.

  • Exceptional analytical ability that is necessary to ensure program performance to plan and to ensure that problem areas are immediately identified, and corrective action is taken.

  • Excellent written/verbal skills and ability to effectively communicate financial analysis and results with leaders/customers

  • Experience in organizing, preparing, and presenting briefings to internal customers, management, and peers.

Preferred Qualifications:

  • Experience developing financial artifacts such as EV reports, graphs, and analysis

  • Strong customer focus and attention to detail and work quality.

  • Experience developing program financials including development of time-phased integrated budgets and schedules, Earned Value (EV) data compliance and reporting, cost accounting and ongoing overseeing of cost and schedule integration

  • Working knowledge of Financial Planning & Analysis (FP&A) concepts, related systems, and processes.

  • Ability to quickly learn and utilize program management systems and tools; and independently create and accurately analyze cost data.

  • Organizational skills in leading/coordinating program personnel toward common finance goals by setting priorities and working within required deadlines.

  • Individual must be a self-starter and an independent worker in support of the program.

  • Experience using PMX.

Additional Information:

  • 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.

  • This position is grade P3, Principal Specialist, Program Cost Controls.

  • Relocation assistance is not available.

What We Offer:

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.

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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Organisation: 
Raytheon Technologies