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Jobs · Project Management · Texas

Principal Specialist, Program Cost Controls Onsite

Raytheon · Richardson, TX · 1 mo ago
On-siteProject ManagementFull-time

Date Posted: 2026-08-20 | Country: United States | Location: Richardson, TX (1737 Cityline Dr) | Role Type: Onsite | Security Clearance: Active TS/SCI (no polygraph) – U.S. citizenship required.

About the role

Raytheon’s Intelligence and Space Business is seeking a Finance Program Controls Analyst to support the Mission Support & Operations (MSO) portfolio, specifically the Taurus program – a new contract awarded in May 2026 with a two‑year performance period and anticipated follow‑on opportunities. The analyst reports to the IEO Finance lead and is responsible for core financial functions including development of time‑phased integrated budgets, cost accounting, and financial reporting. The position blends independent work with cross‑functional collaboration across Program Management, Business Management, and other functional partners.

Responsibilities

  • Perform program budgeting, scheduling, cost control, variance analysis, internal/external reporting, risk management, and overall financial support.
  • Develop quarterly Estimate at Complete (EAC) forecasts and assist in accurate projection of Estimate to Complete (ETC), EAC, and Latest Revised Estimate (LRE) data.
  • Prepare and support financial Contract Data Requirements Lists (CDRLs) for customer submittals.
  • Create program review materials for Raytheon leadership and government customers.
  • Support organization and maintenance of Work Breakdown Structures (WBS) and job‑cost accumulation.
  • Assist with manpower planning, forecasting, and reporting activities.
  • Provide PMO and CAMs with internal cost and schedule performance reports.
  • Conduct ad‑hoc analysis, data‑integrity reviews, and validations related to program financials.

Qualifications

  • Bachelor’s degree with a minimum of 5 years relevant experience, or an advanced degree with a minimum of 3 years experience.
  • Experience with Microsoft Excel.
  • Active TS/SCI security clearance (no polygraph) and transferable U.S. government‑issued clearance required on day 1.
  • U.S. citizenship (required for security clearance eligibility).

Preferred Qualifications

  • Experience in program controls or financial analysis within a matrixed organization.
  • Background in the defense or aerospace industry.
  • Knowledge of finance disciplines such as Program Controls, EVMS, forecasting, and accounting.
  • Ability to interpret and apply Raytheon financial policies and procedures.
  • Strong verbal and written communication skills.
  • Proven ability to multi‑task and support a dynamic team environment.
  • Strong prioritization skills to meet deadlines.
  • Knowledge of DoD acquisition processes.
  • Proficiency with APEX, SAP, and PRISM.
  • Working knowledge of FAR, Cost Accounting Standards (CAS), and GAAP.

Pay

Salary range: $86,800 – $165,200 USD (estimate based on experience level and other factors).

Benefits

  • Medical, dental, and vision insurance.
  • Life insurance, short‑term and long‑term disability coverage.
  • 401(k) match.
  • Flexible spending accounts.
  • Flexible work schedules.
  • Employee assistance program.
  • Employee Scholar Program.
  • Parental leave.
  • Paid time off and holidays.
  • Eligibility for annual short‑term and/or long‑term incentive compensation (subject to performance and collective‑bargaining status).

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