Program Cost Controls Principal Specialist

RTX

US-CA-GOLETA-H01 ~ 6380 Hollister Ave ~ BLDG H01Full-timePosted Jul 13, 2026

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Date Posted:

2026-07-13



Country:

United States of America



Location:

US-CA-GOLETA-H01 ~ 6380 Hollister Ave ~ BLDG H01



Position Role Type:

Hybrid



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:

DoD Clearance: Secret



Security Clearance Status:

Active and existing security clearance required after day 1

At RTX, the world 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.

What You Will Do:

Develop, implement, and maintain Earned Value Management Systems (EVMS) for program execution in compliance with contractual and regulatory requirements, including Baseline Change Requests (BCRs), variance analysis, monthly Latest Revised Estimate (LRE) development, data analysis, and reporting.
Oversee planning, scheduling, budgeting, and resource allocation activities for externally reported programs.
Monitor and analyze program performance metrics, including Cost Performance Index (CPI), Schedule Performance Index (SPI), Estimate at Completion (EAC), and To Complete Performance Index (TCPI).
Develop, support, and review quarterly Estimates at Completion (EACs) and monthly Latest Revised Estimates (LREs).
Support financial planning activities, including RPLAN updates, and analyze and communicate the impact of program performance on Bookings, Sales, Earnings, and Cash (BSEC).
Develop and validate Contract Data Requirement Lists (CDRLs).
Serve as the financial point of contact for Program Management and provide financial support to Integrated Product Team (IPT) members and cross-functional organizations, including Engineering, Supply Chain, and Operations.
Collaborate with Control Account Managers (CAMs), project schedulers, and functional teams to support cost and schedule integration.
Support compliance reviews and process audits.
Maintain compliance with company financial policies and established financial controls.
Support development of Five-Year Plan and Annual Operating Plan (AOP) forecasts.
Support proposal development activities.
Perform financial analyses and reporting as requested.

Qualifications You Must Have:

Typically requires Bachelor's degree and a minimum of 5 years of relevant experience, or an advanced degree in a related field and a minimum of 3 years of relevant experience.
Experience with Earned Value Management Systems (EVMS), Program Controls, or integrated cost and schedule management.
Experience using Microsoft Office applications.
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:

Experience preparing and delivering Integrated Program Management Data and Analysis Reports (IPMR/IPMDAR).
Experience supporting Integrated Baseline Reviews (IBRs) and Internal Surveillance Reviews (ISRs).
Experience using SAP, PRISM, Business Warehouse (BW), Analysis for Office (A/O), SAP/APEX, or PM Tools Suite.
Experience supporting Department of Defense (DoD) development, production, or Engineering Manufacturing Development (EMD) programs.
Experience with financial forecasting and risk and opportunity management.
Experience preparing and delivering presentations.
Experience performing financial analysis and problem resolution.
Experience supporting internal and external stakeholders.
Experience working independently.
Experience leading or mentoring analysts.

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.

Learn More & Apply Now!

Please consider the following role type definition as you apply for this role.
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.

Clearance Information: Clearance Information: This position requires security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm

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 95,500 USD - 181,700 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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