Program Cost Controls Principal Specialist

RTX•El Segundo, CA

2d•Hybrid

About The Position

The Principal Specialist, Program Cost Controls (Cost, Schedule, and Control Analyst) supports the Advanced Products & Solutions (APS) business area within the Advanced Open Integrated Solutions (AOIS) Finance team. The role partners with Program Business Managers, Integrated Product Team (IPT) Leads, Program Managers, and Finance personnel to support program financial execution through cost reporting, Earned Value Management (EVM), and financial analysis. The position prepares internal cost reports, analyzes financial data and program performance metrics, compiles quarterly Estimate at Completion (EAC) submissions, and prepares monthly cost and performance analysis for Earned Value reporting. It analyzes financial performance at functional and product levels, processes approved Baseline Change Requests (BCRs), supports the Latest Revised Estimate (LRE) process, and uses PRISM, the Material Requirements Planning (MRP) system, to assess impacts on program material costs. The role also responds to billing, funding, and financial data inquiries and completes ad hoc financial analysis requests. This is a hybrid, U.S.-based role in El Segundo, California. U.S. citizenship is required due to contractual restrictions on access to certain financial management systems and program information. The posting states that the position requires a security clearance and the ability to obtain and maintain a U.S. Government security clearance, although the listing also describes the clearance type and status as none/not required.

Requirements

Typically requires a bachelor's degree in Finance, Accounting, Economics, or a related field and a minimum of 5 years of related work experience.
Experience using Microsoft Excel, including pivot tables, advanced formulas, and data analysis, as well as PowerPoint and Word to prepare financial reports and presentations.
Experience using financial systems and tools, including SAP, SAP Business Warehouse (BW) or equivalent systems, and Microsoft 365 applications.
Experience with EVM metrics, including Schedule Performance Index (SPI), Cost Performance/Cost of Performance Index (CPOI), To-Complete Performance Index (TCPI), Independent Estimate at Completion (IEAC), Variance at Completion (VAC), and EAC analysis or equivalent financial forecasting methodologies.
Experience working with cross-functional organizations, including Contracts, Operations, Engineering, Supply Chain, and Finance.
U.S. citizenship is required due to government contractual restrictions on access to certain financial management systems.
Ability to obtain and maintain a U.S. Government security clearance.

Nice To Haves

Experience preparing written financial reports and presenting financial information to stakeholders at multiple organizational levels.
Experience using PMX, PMTools, and RPlan forecasting systems.
Experience analyzing financial and program data to identify variances, evaluate financial impacts, and support resolution of program or business issues.
Experience reviewing financial reports and supporting documentation for accuracy, completeness, and consistency before submission.
Active Department of Defense (DoD) Secret or Top Secret security clearance.

Responsibilities

Partner with Program Business Managers, IPT Leads, Program Managers, and Finance personnel to support program financial execution.
Perform program cost reporting, Earned Value Management, and financial analysis activities.
Prepare internal cost reports and analyze financial data, planning systems, and program performance metrics.
Compile quarterly Estimate at Completion (EAC) submissions for review by program and finance leadership.
Prepare monthly cost and performance analysis to support Earned Value reporting.
Analyze financial performance at functional and product levels and identify variances against budget, baseline, and EAC positions.
Process approved Baseline Change Requests (BCRs) and support the Latest Revised Estimate (LRE) process using established financial tools.
Use PRISM, the Material Requirements Planning (MRP) system, to analyze grouping, pegging, and distribution impacts on program material costs.
Respond to billing, funding, and financial data inquiries and complete ad hoc financial analysis requests.