Date Posted:2026-01-29
Country:United States of America
Location:US-TX-MCKINNEY-513PW ~ 2501 W University Dr ~ PW BLDG
Position Role Type:Onsite
U.S. Citizen, U.S. Person, or Immigration Status Requirements: Active and transferable U.S. government issued security clearance is required prior to start date.
Security Clearance Type: DoD Clearance: Secret
Security Clearance Status: Active and existing security clearance required on day 1
At Raytheon, the foundation of everything we do is rooted in our values and a higher calling - to help our nation and allies defend freedoms and deter aggression. We bring 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. Our team solves tough, meaningful problems that create a safer, more secure world.
The Raytheon Functional Finance team is seeking a Principal Engineering Business Analyst (Grade P3). The successful candidate will support Engineering Product Team Leads, Control Account Managers, and Program leads in the successful completion of monthly Earned Value Management (EVM) inputs, reporting and analysis, monthly Budget Change Requests (BCRs), facilitate EAC and LRE inputs, and demonstrate the ability to perform meaningful analysis and effective communication to drive predictable results. Scope of work includes partnering with engineering and program leads for EVMS process inputs, EAC/LRE development, monthly variance reporting, and weekly analysis of cost and labor runs.
The role focuses on driving cost control and schedule using APEX/SAP EV, IMS, and PMX management reporting tools. The candidate will be required to perform analyses and prepare reports to drive predictable cost and schedule. The ability to be self-sufficient as well as operating in a team environment, supporting both the Functional organizations, and ensuring program financial commitments are met are fundamental to success in this role.
What You Will Do- Support the creation of Estimates at Complete (EACs) on a quarterly basis and Latest Revised Estimates (LRE) on a monthly basis including estimate of costs, test of reasonableness analysis, and risk and opportunities assessment at the Program / Product / Mission area level.
- Perform detailed EV and financial analysis to budget baseline, schedule, and EAC positions.
- Prepare forecasts, monitor actual costs, and document variances to plans and forecasts
- May partner with Operations and Supply Chain to understand program cost and schedule variance
Qualifications You Must Have - Typically requires: A University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience
- Experience using SAP, APEX, or similar business system
- Experience with the Microsoft Office Tool Suite, focus on Excel.
- An active and transferable U.S. government issued Secret security clearance is required prior to start date.
Qualifications We Prefer- Experience with Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS) and/or other Government Procurement regulations as they pertain to Bid/Cost proposals
- Knowledge in leading and managing the execution of processes, projects and tactics within one work area.
- Knowledge and skills within a specific technical or professional discipline with understanding of the impact of work on other areas of the organization.
- Demonstrated ability to work effectively with coworkers
What We Offer- Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.
Learn More & Apply Now!- Please consider the following role type definition as you apply for this role. 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.
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 86,800 USD - 165,200 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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