PMO Lead – Financial Operations

ITC Defense Corp.; Lexington Park (MD); Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Health Insurance

Dental and Vision Insurance

Life Insurance

3% 401(k) Contribution

Paid Time Off

Tuition and Certification Reimbursemen

Job summary

ITC Defense Corp. in Lexington Park, MD seeks a PMO Lead – Financial Operations to oversee the PMO’s financial planning, budgeting, forecasting, and business operations within a DoD contracts environment.

The role partners with program managers, contracts, and finance to ensure accurate reporting and compliant execution. The ideal candidate will lead program controls, labor forecasting, and financial reporting, leveraging Excel and Power BI to deliver dashboards and models that drive strategic

Qualifications

• Master's degree in a related field with 10+ years of experience in program finance, project controls, or management; OR Bachelor's degree with 14+ years of relevant experience.
• Minimum 5 years of experience supporting program financial management, forecasting, budgeting, and project controls in a DoD contracting environment.
• Minimum 5 years of PMO, program management, or project controls experience supporting government contracts.
• Experience developing and maintaining program budgets, EACs, labor forecasts, financial reporting, and variance analyses.

Responsibilities

• Develop, maintain, and manage program budgets, forecasts, and EACs across multiple contracts and task orders.
• Prepare monthly, quarterly, and ad hoc financial reports for program leadership and executive management.
• Analyze actual costs against budgets and forecasts, identifying trends, cost drivers, risks, and opportunities.
• Monitor contract funding, expenditures, labor utilization, and burn rates to ensure successful financial execution.
• Manage labor forecasting, staffing projections, and labor allocations to support program execution and hiring decisions.
• Perform variance analysis and provide recommendations regarding financial risks and corrective actions.
• Develop and maintain financial models, dashboards, and reporting tools utilizing Microsoft Excel and Power BI.
• Monitor program profitability and provide financial recommendations to support strategic decision‑making.
• Review and validate subcontractor and prime invoices to ensure compliance with contractual requirements and approved budgets.
• Monitor subcontract funding, expenditures, and financial performance.
• Support annual operating plans, long‑range forecasts, and budget development activities.
• Support pricing efforts, contract modifications, and proposal financial inputs.
• Ensure compliance with FAR, DFARS, DCAA requirements, and company financial policies and procedures.

Skills

PMO Leadership

Financial Analysis

Budgeting & Forecasting

Contract Compliance

Education

Master's degree

Bachelor's degree + 14+ years

Tools

Microsoft Excel

Power BI

Deltek Costpoint

Cognos

Job description

PMO Lead – Financial Operations

Lexington Park, MD (Hybrid)

ITC Defense is seeking an experienced PMO Lead – Financial Operations to support a NAVAIR Foreign Military Sales (FMS) Logistics program in Lexington Park, MD. This position serves as the financial and operational lead for the Program Management Office (PMO), providing oversight of program financial planning, budgeting, forecasting, project controls, and business operations activities across a complex government contract environment.

The successful candidate will work closely with Program Managers, Project Officers, Contracts, and Corporate Finance personnel to ensure accurate financial reporting, effective resource planning, and successful contract execution while leading key PMO operational functions. This role requires a strong background in government contract financial management combined with the ability to lead program controls and business operations activities in support of mission‑critical defense programs.

Financial Management & Program Controls (Primary Responsibility)

• Develop, maintain, and manage program budgets, forecasts, and Estimates at Completion (EACs) across multiple contracts and task orders.
• Prepare monthly, quarterly, and ad hoc financial reports for program leadership and executive management.
• Analyze actual costs against budgets and forecasts, identifying trends, cost drivers, risks, and opportunities.
• Monitor contract funding, expenditures, labor utilization, and burn rates to ensure successful financial execution.
• Manage labor forecasting, staffing projections, and labor allocations to support program execution and hiring decisions.
• Perform variance analysis and provide recommendations regarding financial risks and corrective actions.
• Develop and maintain financial models, dashboards, and reporting tools utilizing Microsoft Excel and Power BI.
• Monitor program profitability and provide financial recommendations to support strategic decision‑making.
• Review and validate subcontractor and prime invoices to ensure compliance with contractual requirements and approved budgets.
• Monitor subcontract funding, expenditures, and financial performance.
• Support annual operating plans, long‑range forecasts, and budget development activities.
• Support pricing efforts, contract modifications, and proposal financial inputs.
• Ensure compliance with FAR, DFARS, DCAA requirements, and company financial policies and procedures.

PMO Leadership & Operations

• Lead and manage the PMO, including personnel responsible for Project Controls/Finance, Travel & Purchasing, and CAC/NMCI/SAAR administration.
• Support the Program Manager in daily contract execution, schedule management, risk management, and stakeholder coordination.
• Provide guidance on program management processes, financial controls, and contract compliance.
• Support Contract Data Requirements List (CDRL) management and reporting requirements.
• Interface directly with government customers, supporting reviews and responding to financial and programmatic inquiries.
• Cross‑train and provide mentorship to PMO personnel and provide back‑up support for other PMO functions as necessary.
• Develop and implement process improvements to enhance financial reporting, PMO efficiency, and overall program execution.
• Perform other duties as assigned.

Minimum Qualifications

• Master's degree from an accredited college or university and greater than ten (10) years of experience in program finance, project controls, business management, acquisition, or program management; OR Bachelor's degree from an accredited college or university and greater than fourteen (14) years of relevant experience.
• Minimum five (5) years of experience supporting program financial management, forecasting, budgeting, and project controls in a DoD contracting environment.
• Minimum five (5) years of PMO, program management, or project controls experience supporting government contracts.
• Experience developing and maintaining:

• Program budgets
• Estimates at Completion (EACs)
• Labor forecasts
• Financial reporting
• Variance analyses
• Funding projections

• Strong understanding of:
• FAR/DFARS/DCAA requirements
• Government contract financial management
• Cost Plus, Fixed Price, and Time & Material contracts

• Advanced proficiency with Microsoft Excel, including financial modeling, Pivot Tables, Power Query, and dashboard development.
• Experience with Power BI, Deltek Costpoint, Cognos, or similar ERP and reporting tools.
• Active DoD Secret clearance or ability to obtain and maintain one.

Why work at ITC Defense

• Employer Supplemented Health Insurance
• Employer Paid Dental and Vision Insurance
• Employer Paid Life and AD&D Insurance
• 3% Biweekly 401(k) Contribution
• Paid Time Off
• Tuition and Certification Reimbursement
• Competitive Salaries with Performance Incentives
• A positive working environment with supportive teammates and leadership

For individuals assigned and/or hired to work in Maryland, ITC Defense is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to the State of Maryland and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and delivery model. A reasonable estimate of the range is $100,000.00 - $130,000.00 annually.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.