Principal Program Controls / Offset Analyst *HYBRID*, Woburn, Massachusetts

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Woburn, Massachusetts

Date Posted:



United States of America


MA312: Woburn MA 235 Presidential 235 Presidential Way Spencer Building 26, Woburn, MA, 01801 USA

Position Role Type:


About Us:

At Raytheon Missiles & Defense (RMD), you have the opportunity to try new things and make a bigger difference across a broader end-to-end solution, a richer technology and product set, an expanded range of disciplines, a growing global footprint and a more diverse team of colleagues and customers.

Job Summary:

The KSA TPY-2 finance team, in the Strategic Missile Defense Mission area has an immediate opening for a Hybrid program controls / offset analyst. The KSA TPY-2 Production and Long Lead programs were awarded to build 7 AN/TPY-2 Radars for the Kingdom of Saudi Arabia (KSA) in partnership with the Missile Defense Agency (MDA). The total contract value of these two contracts combined is about $3B. With each of these contracts comes a unique offset obligation that this program is required to fulfill. The total offset obligation for the KSA TPY-2 programs is about $400M.

The analyst will be an integral team member in helping to manage the $400M Offset Obligation and get exposure across different functions and leadership teams.  As the lead analyst for the KSA Localization scope, the expectation is that this person has strong organizational skills and will manage the following tasks: weekly reporting, monthly/yearly forecasting, quarterly EAC reviews and reporting internal (EACs, Rplan/Financial Planning) and Earned Value implementation (BCRs, monthly LREs).  The ideal candidate can work in a fast-paced team environment, work across multiple organizations and levels of leadership, while meeting weekly/monthly/quarterly deadlines. This candidate will be focused on managing our current PPU (Prime Power Unit) offset project with EAC value over $110M and help report and develop new potential offset projects. This analyst will help lead proposal and baselining efforts following the development of new potential projects. This is a challenging and rewarding role with tremendous opportunity for growth and exposure, as RTX and KSA work together to collaborate on our existing offset projects (PPU) and identify new future offset projects.

We value diverse skills and experience, so don’t hold back. Your qualifications could add tremendous value to our team. Our customers come from all different backgrounds, and so do our employees. If you’re passionate about what you could accomplish here, we’d love to hear from you.

This role is being offered in a hybrid capacity (remote and/or onsite) and is based on the needs of the business. The Program team resides predominantly in the Eastern U.S. time zone. The preferred candidate will be within a commutable distance to Massachusetts.

Responsibilities to Anticipate:

Coordinate development of quarterly Estimates at Complete, monthly Budget Change Request (BCRs), and monthly Latest Revised Estimates (LREs)

Develop accurate forecasts in support of monthly forecasts / AOP / 5YP processes

Lead proposal / baselining efforts as new offset projects are identified and executed

Ability to fulfill quick turn ad hoc requests related to constantly evolving Localization needs

Provide thorough cost and schedule analysis Prepare finance charts for Program Management Reviews, monthly operating reviews, financial overviews and other reporting activities as required

Establish and maintain the overall baseline that is compliant with the program instruction, internal EVM policy and 10255

Support Business Manager with quarterly EAC process and monthly FP&A activities

Develop strong relationship with Localization PM

Qualifications You Must Have:

Bachelor’s Degree in Finance, Accounting, Economics, Mathematics or related

Typically requires 5 years professional Finance/Accounting work experience; OR an Advanced degree and 3 years professional Finance/Accounting work experience

Experience with Earned Value Management System (EVMS), Program Controls (Cost/Schedule), and/or Estimate at Completion (EAC) Process

Experience with SAP APEX EV, Rplan, BW, PMX, and/or EDIT+ experience; or experience with a similar tool

Earned Value Certification or ability to earn within 2 months

Qualifications We Value:

Proposal/offset experience

FP&A experience

Proficient with Microsoft suite of tools (EXCEL, Power Point, Word)

Ability to manage multiple priorities and prioritize workload

Must be independent and self-motivated

Demonstrated ability to meet critical deadlines

Proactive with demonstrated ability to creatively problem solve

Working knowledge of Raytheon financial and accounting policies and procedures Excellent analytical and problem solving skills with the ability to multitask effectively in a fast paced work environment

Excellent verbal and written communication skills

What We Offer:

Whether you’re just starting out on your career journey or are an experienced professional, we offer a robust 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 exceptional benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.

Employee Referral Award Eligibility: Only employees currently within RMD and RI&S have the potential to receive a Referral Award for submitting a referral to RMD and RI&S roles. ALL eligibility requirements must be met (see guidelines) to receive the Referral Awarding.


Raytheon Technologies 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.

RTX Raytheon / Equal Opportunity Employer

JBRTX-01598379  2023.03.10

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FVR03 SKUUU, Woburn, Massachusetts Woburn, Massachusetts  ZC ZCCX