Program Cost Controls Principal Specialist

Date Posted:

2026-08-17



Country:

United States of America



Location:

US-CA-GOLETA-H01 ~ 6380 Hollister Ave ~ BLDG H01



Position Role Type:

Onsite



U.S. Citizen, U.S. Person, or Immigration Status Requirements:

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



Security Clearance Type:

DoD Clearance: Secret



Security Clearance Status:

Active and existing security clearance required after day 1

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:

• Perform forecasting, risk identification, and financial planning activities.
• Perform cost and schedule analysis.
• Coordinate the development of quarterly Estimates at Completion (EACs).
• Provide financial analysis and recommendations to Program Teams and Leads.
• Prepare financial charts for Program Management Reviews, monthly operating reviews, financial overviews, and other required reporting.
• Perform cost, schedule, financial analysis and reporting, and funding planning activities using standard company tools and processes.
• Implement and maintain Earned Value Management (EVM) processes.
• Support the development and delivery of Contract Data Requirements Lists (CDRLs).
• Establish and maintain program logs, including Work Authorization, Contract Modification Logs, and Risks & Opportunities (R&Os).

Qualifications You Must Have:

• Typically requires a bachelor's degree in Accounting, Finance, Business, or a related field and a minimum of 8 years of relevant experience; or an advanced degree in a related field and a minimum of 5 years of relevant experience.
• Experience working with cross-functional teams, including Contracts, Operations, Engineering, and Supply Chain, in program development and execution.
• Experience using Microsoft Office applications, including Excel, Word, and PowerPoint.
• Ability to obtain and maintain a U.S. government security clearance.
• U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance.

Qualifications We Prefer:

• Experience using SAP financial tools or systems.
• Experience with Earned Value Management (EVM).
• Experience with manufacturing or Material Requirements Planning (MRP) in the aerospace and defense industry.
• Working knowledge of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and Generally Accepted Accounting Principles (GAAP).
• Experience identifying, analyzing, and resolving program or financial issues.
• Experience managing multiple priorities and meeting established deadlines.
• Experience implementing process improvements.
• Experience communicating financial and program information to stakeholders at multiple organizational levels.
• Prior Program Controls experience.
• Active security clearance.

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!

Onsite: Employees who are working in onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.

Clearance Information: Clearance Information: This position requires security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here:  https://www.state.gov/m/ds/clearances/c10978.htm

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 95,500 USD - 181,700 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’s work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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