About this role
Date Posted:
2026-10-30


Country:
Canada


Location:
CA-ON-MIDLAND-450 ~ 450 Leitz Rd ~ BLDG 450


Position Role Type:
Unspecified
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.
Raytheon ELCAN is a global leader in high-precision optical systems. Our commitment to innovation, quality, and excellence spans over 70 years has earned us a reputation for delivering cutting-edge solutions for the most demanding challenges in the world. Join our dynamic team and contribute to projects that have a meaningful impact across the globe.
The Program Cost Controls Finance Team is seeking a Finance Analyst to support the Program Cost Controls Manager, with a primary focus on preparing, analyzing, and monitoring Estimates at Completion (EAC). Responsibilities include evaluating cost performance, identifying risks and opportunities, analyzing financial variances, supporting monthly forecasting, and improving EAC reporting processes to enhance accuracy, visibility, and decision-making. Strong financial analysis, advanced Excel, and data management skills are essential.
What You Will Do:
- Prepare weekly and monthly cost and program performance reports, including monthly Earned Value reporting, monthly Latest Revised Estimates, and quarterly Estimates at Complete (EACs).
- Perform financial and program performance analysis to support variance reporting
- Support Program Managers and Integrated Product Team Leads (IPTLs) with ad hoc financial and program analysis.
- Support the monthly forecast process by coordinating forecast updates with program stakeholders
- Analyze cost, schedule, budget, actual, forecast, and Earned Value data to support program performance reporting.
- Coordinate financial information and forecast updates with program stakeholders and functional organizations.
- Prepare financial information and program performance data for management reviews and reporting requirements.
Qualifications You Must Have:
- University degree or equivalent in Finance, Accounting, Business, Engineering or a related field.
- Minimum 2 years of experience in financial analysis, estimating, pricing, or cost accounting, preferably in a manufacturing or defense environment.
- Must have working knowledge of computerized financial ERP applications, advanced excel, experience in manufacturing environment is an asset.
- Strong understanding of cost elements (labor, material, ODC, indirect rates, profit, etc.)
- Commitment to ethical standards, compliance, and continuous improvement.
- Demonstrated attention to detail and ability to work under pressure in dynamic environments.
- Strong interpersonal, communication, and presentation skills.
Qualifications We Prefer:
- Proven ability to work independently, manage multiple priorities, and meet deadlines.
- Experience with Earned Value Management and Estimate at Complete analysis or equivalent program controls processes.
- Advanced computer skills, including Microsoft Excel, Word, and forecasting tools.
What We Offer:
- Collaborative & innovative work environment
- Relocation Eligibility
- Signing Bonus
- Small town environment with urban comforts
Learn More & Apply Now!
At Raytheon ELCAN, we offer more than just a job; we offer the opportunity to be part of a global team that is shaping the future of high-precision optical systems. We provide a collaborative and innovative work environment, competitive compensation and benefits, job flexibility, and opportunities for professional growth. Join us and contribute to projects that push the boundaries of optics while working alongside some of the brightest minds in the field.
Raytheon ELCAN is located in Midland Ontario, a community known for its technological advancements. Midland offers a perfect blend of urban amenities and natural beauty nestled on the shores of Georgian Bay, making it an ideal place to work, grow, and belong.
This position involves technologies regulated by the Canadian government’s Controlled Goods Program and the Contract Security Program. In order to obtain the required security clearance, candidates must be Canadian citizens or permanent residents of Canada, have resided in Canada for a minimum of five consecutive years, and meet all other program requirements. Job offers will be conditional upon candidates undergoing a successful security screening per the Controlled Goods Regulations and the Contract Security Program.
Raytheon ELCAN adheres to the principles of equal employment and welcome applications from all qualified persons. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Raytheon ELCAN will provide accommodations throughout the recruitment, selection, and/or assessment process to any applicants with disabilities. If you require disability-related accommodations, please contact Human Resources. All personal information is collected under the authority of the Freedom of Information and Protection of Privacy Act.

The salary range for this role is 65,000 CAD - 107,800 CAD . 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.

RTX offers a comprehensive benefits package that includes medical and dental coverage, disability benefits, a retirement savings program, and tuition assistance through RTX’s Employee Scholar Program. Eligibility for specific benefits is based on factors such as position level, employment type (e.g., temporary or permanent), and business unit, and will be discussed during the hiring process.

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 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 job posting is not for an existing position vacancy.
RTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, color, religion, gender, sexual orientation or identity, national origin, age disability, protected veteran status or any other characteristic protected by law.
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