Principal Program Controls Finance Analyst

RTX • McKinney, TX

3d • Hybrid

About The Position

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: Perform SCM forecast analysis, process support, cost and schedule control, and cost/schedule performance analysis. Support Earned Value Management System (EVMS) reporting, Estimate-at-Completion (EAC) development, and variance analysis. Review and analyze financial data and produce program-level reporting outputs. Support forecasting activities including monthly, quarterly, and annual updates. Partner with Program Managers, Control Account Managers (CAMs), and Integrated Product Team Leads (IPTLS) for financial data coordination. Support program financial execution and monitor program cost, schedule, and compliance metrics. Identify and analyze cost and schedule risk impacts and document findings. Perform ad-hoc financial analysis as requested by program or management teams. Support Annual Operating Plan (AOP) and 5-year planning processes. Maintain and update financial tracking and reporting systems. Support cross-functional coordination across finance, program management, and technical teams.

Requirements

• Typically requires a University Degree or equivalent experience and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years of experience.
• Experience applying Earned Value Management Systems (EVMS) for cost, schedule, and performance tracking.
• Experience developing financial forecasts, budgets, and variance analysis.
• Experience using Microsoft Office applications, including Excel, Word, and PowerPoint.

Nice To Haves

• Experience with cost and schedule control and variance analysis.
• Experience supporting Program Estimate-at-Completion (EAC) reviews and policy compliance activities.
• Experience performing monthly data reconciliation.
• Experience analyzing program data and producing trend analysis outputs; Microsoft Excel use for data analysis.
• Experience supporting proposal development activities.
• Experience with cash management, capital or company-funded requests, return on investment (ROI) analysis, and audit or policy compliance activities.
• Experience working with Program Managers, CAMs, IPTLs, OPMs, and Material Program Managers to support program execution.
• Experience supporting program-level Short Range Outlook (SRO) tracking, financial forecasting, reporting, and Annual Operating Plan (AOP) and long-range planning activities.
• Experience working with Program Management, Finance Management, and functional organizations in program execution environments.
• Knowledge of finance principles, practices, and Earned Value Management Systems (EVMS), including Estimate-at-Completion (EAC).
• Exposure to manufacturing metrics, program controls, and cost and managerial accounting concepts.
• Experience developing financial forecasts, budgets, and variance analysis.
• Experience using SAP, APEX, PRISM, and program management tools.
• Experience working in matrixed organizational environments across multiple functions and disciplines.
• Experience performing independent work in support of program execution activities.

Responsibilities

• Perform SCM forecast analysis, process support, cost and schedule control, and cost/schedule performance analysis.
• Support Earned Value Management System (EVMS) reporting, Estimate-at-Completion (EAC) development, and variance analysis.
• Review and analyze financial data and produce program-level reporting outputs.
• Support forecasting activities including monthly, quarterly, and annual updates.
• Partner with Program Managers, Control Account Managers (CAMs), and Integrated Product Team Leads (IPTLS) for financial data coordination.
• Support program financial execution and monitor program cost, schedule, and compliance metrics.
• Identify and analyze cost and schedule risk impacts and document findings.
• Perform ad-hoc financial analysis as requested by program or management teams.
• Support Annual Operating Plan (AOP) and 5-year planning processes.
• Maintain and update financial tracking and reporting systems.
• Support cross-functional coordination across finance, program management, and technical teams.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees