Principal Specialist, Program Cost Controls *HYBRID*, McKinney, Texas

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McKinney, Texas

Date Posted:



United States of America


TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 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 SHORAD Finance team (Short Range Air Defense) within the LW&AD (Land Warfare and Air Defense) Mission Area has an immediate need for a Principal Financial Analyst to provide support to various new contracts. The SHORAD portfolio is a major growth driver for LW&AD as it is heavily engaged in emerging growth markets for Counter-UAS, Loitering Effects and non-kinetic defeats. Over the course of the next year, the SHORAD Programs Finance Team Lead will play a critical role in both executing current backlog and winning key competitions to capture large potential in the multiple new defense markets we are engaged in.

You must be an excellent communicator with a strong desire to learn while being aggressively challenged. Competitive applicants must have the ability to think on their feet, make decisions in a fast paced environment, manage competing priorities and interact with a various levels of management, including Program Managers, Business Manager, and various Program Management office representatives to ensure alignment regarding strategy, operating, and financial objectives. This role will provide an opportunity to be involved in financial planning, earned value management, estimates at complete (EACs) and variance analysis and apply them to capture critical foreign and domestic competitive pursuits.

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 online) and is based on the needs of the business. When working onsite, it may be up to 1-2 days per week. The preferred candidate will be located within a commutable distance to McKinney, TX, Boston, MA or Tucson, AZ. (Relocation assistance will NOT be provided)

Responsibilities to Anticipate:

Management of earned value contracts, analysis of program performance, and assisting with initial baseline for new awards in compliance with the program instruction, internal EVM policy and 10255

Quarterly Development of Estimate at Completion (EACs)

Review and Development of Contract Data Requirements List (CDRLs)

Interfacing with Control Account Managers, Program Management, the Integrated Product Leadership Team, and ensuring compliance with financial policies.

Support review and forecast of Bookings, Sales, Earnings and Cash forecast to Financial Planning

Support contract level inputs and updates to Annual Operating Plan (AOP) and 5-year sales objectives

Develop, utilize and disseminate process improvement and tool improvement opportunities to enhance analytical opportunities for the entire finance team

Ad-hoc request support in a fast-paced environment

Qualifications You Must Have:

Bachelor degree in Business, Math, Finance, Accounting or a directly related field

Typically requires 5 years of experience in financial analysis/related finance experience; OR an Advanced degree and 3 years of experience in financial analysis/related finance experience

Experience with data analysis and reporting

Experience with EVMS (Earned Value Management)?. Or achieve EVMS Certification within 2 months of hiring

Experience with Estimates at Complete (EACs)

The ability to obtain and maintain a U.S. security clearance. U.S. citizenship is required as only U.S. citizens are eligible for a security clearance

Qualifications We Value:

Excellent written and verbal communication skills

Experience multitasking and working in a fast-paced environment

Experience with Microsoft tool suite (Excel, Word, PowerPoint)

Continuous improvement mindset and high attention to detail and accuracy

Works under general direction and participates in determining objectives of assignment

Ability to identify issues and implement corrective action plans that produce positive results

Experience interfacing with senior level management and customers, including formal presentations

Demonstrated ability to meet critical deadlines

Proactive and demonstrated ability to creatively problem solve

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.


The salary range for this role is 75,000 USD – 161,000 USD; however, Raytheon Technologies considers several factors when extending an offer, including but not limited to, the role and associated responsibilities, a candidate’s work experience, education/training, and key skills.

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-01600585  2023.03.10

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FVR04 SKUUU, McKinney, Texas McKinney, Texas  ZC ZCCX