Program Cost Control Senior Analyst

Date Posted: 2026-09-23 Country: United States of America Location: US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG Position Role Type: Hybrid U.S. Citizen, U.S. Person, or Immigration Status Requirements: U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract. Security Clearance Type: None/Not Required Security Clearance Status: Not Required At RTX, the world's 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: Support Program Business Managers, Integrated Product Team (IPT) Leads, Program Managers, and Finance personnel with program financial execution activities. Support program cost reporting, Earned Value Management (EVM), and financial analysis activities. Prepare internal cost reports and analyze cost data, financial planning system data, and program performance metrics. Compile quarterly Estimate at Completion (EAC) submissions for program and Finance review. Prepare monthly cost and performance analysis to support Earned Value reporting. Perform financial analysis at the functional and product levels to identify and document variances to budget, baseline, and EAC positions. Process approved Baseline Change Requests (BCRs). Support the Latest Revised Estimate (LRE) process using established financial tools and processes. Use PRISM, the Material Requirements Planning (MRP) system, to analyze grouping, pegging, and distribution data and support program material cost analysis. Respond to billing, funding, and financial data inquiries. Perform financial analysis in response to ad hoc requests. Support the Advanced Products & Solutions (APS) business area within the Advanced Open Integrated Solutions (AOIS) Finance organization as a Senior Analyst, Program Cost Controls (Cost, Schedule, and Control Analyst). Qualifications You Must Have: Typically requires a University Degree or equivalent experience and a minimum of 2 years of  prior relevant experience or an Advanced Degree in a related field. Experience using Microsoft Excel, including PivotTables, formulas, functions, and data analysis tools, to analyze financial data and prepare reports. Experience using Microsoft PowerPoint to create and format presentations containing financial and program information. Experience using Microsoft Word to create, edit, and format business and financial documents. Ability to obtain and maintain a U.S. Government security clearance, if required for assigned program responsibilities. Only U.S. citizens are eligible for a U.S. Government security clearance. U.S. citizenship is required, as access to certain financial management systems is restricted due to government contractual requirements.   Qualifications We Prefer: Experience preparing financial reports, written summaries, and presentations for stakeholders at multiple organizational levels. Experience presenting financial, cost, schedule, or program performance information to stakeholders. Experience using SAP, SAP Business Warehouse (BW), or equivalent financial systems. Experience with Earned Value Management (EVM), Estimate at Completion (EAC) analysis, or financial forecasting methodologies. Experience working with cross-functional organizations, including Contracts, Operations, Engineering, Finance, or Program Management Experience applying established financial processes, procedures, and tools to analyze data and support resolution of program or business issues. Experience identifying data discrepancies, researching underlying causes, and documenting corrective actions. Experience reviewing financial reports and work products for accuracy, completeness, and consistency before submission or delivery. Active DoD Secret or Top Secret security clearance. Experience with program cost controls, Earned Value Management, Estimate at Completion, Latest Revised Estimates, or Baseline Change Requests. Experience with PRISM or Material Requirements Planning (MRP) systems. 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! 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. 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 68,900 USD - 131,100 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’