Project Control Analyst (PMO) - Journeyman

ITC Defense Corp.; Lexington Park (MD); Hybrid; USD 95,000 - 135,000; Full time

Benefits offered by this job

Employer-Sponsored Health Insurance

Dental and Vision Insurance

Life and AD&D Insurance

401(k) with 3% biweekly contribution

Paid Time Off

Job summary

ITC Defense Corp. in Lexington Park, Maryland is seeking a Project Control Analyst Journeyman to support the PMO. This role focuses on financial planning, analysis, budgeting, forecasting, and program control across government contracts.

You will partner with Program Managers and Corporate Finance to deliver accurate reporting and strategic guidance to ensure contract execution and informed decision-making, with onsite work a minimum of three days per week.

Qualifications

• Three, seven, or nine years of related experience.
• At least two years supporting DoD contracts.
• Advanced Excel skills including pivot tables and modeling.

Responsibilities

• Develop and maintain program budgets, forecasts, and EACs.
• Prepare monthly/quarterly financial reports for leadership.
• Analyze costs against budgets and identify risks.
• Create dashboards using Excel, Power BI, or similar tools.
• Support monthly program reviews and financial close activities.

Skills

DoD contracts

Budget management

Financial forecasting

Variance analysis

Excel advanced

Financial reporting

Communication skills

On-site 3 days/week

Tools

Deltek Costpoint

Cognos

Power BI

Job description

Location: Lexington Park, Maryland (Hybrid)

Position Overview

ITC Defense is seeking a Project Control Analyst Journeyman to support the Program Management Office (PMO) in Lexington Park, Maryland. The Program Financial Analyst provides financial planning, analysis, budgeting, forecasting, and program control support across multiple government contracts and task orders. This position serves as a key business partner to Program Managers, Project Officers, Contracts, and Corporate Finance personnel by providing accurate financial reporting, actionable insights, and strategic recommendations to support successful contract execution and informed decision-making.

Responsibilities

Support may include, but is not limited to, the following:

Financial Planning and Analysis

• Develop, maintain, and analyze program budgets, forecasts, and Estimates-at-Completion (EACs) for multiple contracts and task orders.
• Prepare monthly, quarterly, and ad hoc financial reports to support program and executive leadership decision-making.
• Analyze actual costs against budgets and forecasts and identify cost drivers, risks, and opportunities.
• Perform financial modeling and scenario analysis to support strategic planning and business decisions.
• Support annual operating plans, financial planning activities, and long-range forecasting.
• Monitor contract funding, expenditures, burn rates, and funding limitations to ensure financial compliance and program execution.
• Develop and maintain revenue forecasts and support monthly financial close activities.
• Monitor labor utilization, indirect costs, subcontract costs, travel, and Other Direct Costs (ODCs) against approved budgets.
• Develop staffing projections and labor plans to support program requirements and financial objectives.
• Prepare financial status reports, dashboards, and key performance indicators (KPIs) for program leadership.

Program Controls and Reporting

• Prepare and maintain Estimates-at-Completion (EACs), revenue forecasts, and financial performance metrics.
• Conduct variance analysis and provide recommendations to improve financial performance and operational efficiency.
• Develop and maintain financial dashboards utilizing Microsoft Excel, Power BI, Power Automate, or similar reporting tools.
• Support monthly program reviews and executive briefings by providing financial data, trends, and analysis.

Contract and Business Operations Support

• Collaborate with Program Managers, Project Officers, Contracts, and Corporate Finance personnel to support contract execution and financial management activities.
• Review invoices, expenditures, and financial transactions for accuracy and compliance with contractual requirements and company policies.
• Monitor financial performance against contractual obligations and proactively identify potential risks and issues.
• Support contract modifications, funding actions, and financial impacts associated with scope changes.

Compliance and Audit Support

• Ensure compliance with company policies, contract requirements, FAR, DFARS, and applicable government regulations.
• Support DCAA audits and customer financial data requests.
• Maintain financial documentation and records in accordance with corporate and contractual requirements.
• Identify and implement process improvements to enhance financial reporting accuracy, efficiency, and internal controls.

Other Duties

• Provide financial support to special projects and strategic initiatives as assigned.
• Perform other duties as assigned in support of program and corporate objectives.

Minimum Qualifications

• Minimum Education and Experience Requirements
• Candidates must meet one of the following:
• – Three (3) years of related work experience
• – Seven (7) years of related work experience
• – Nine (9) years of related work experience
• Minimum of two (2) years of experience supporting Department of Defense (DoD) contracts or other federal government programs.
• Experience developing and managing budgets, forecasts, and Estimates-at-Completion (EACs).
• Experience performing variance analysis and financial reporting within a government contracting environment.
• Advanced proficiency in Microsoft Excel, including pivot tables, lookups, formulas, and financial modeling.
• Strong analytical, organizational, and communication skills with exceptional attention to detail.
• This position requires onsite work a minimum of three (3) days per week.

Preferred Qualifications

• Experience with Deltek Costpoint, Cognos, Power BI, or other financial reporting systems.
• Experience supporting Cost-Plus, Fixed-Price, Time-and-Materials, and IDIQ contracts.
• Knowledge of Earned Value Management (EVM) principles and project control methodologies.
• Experience supporting Foreign Military Sales (FMS) programs.
• Experience supporting Department of Defense contracts, particularly within the U.S. Navy or NAVAIR environment.
• Experience supporting Program Management Offices (PMOs) in a government contracting environment.
• Professional certifications such as Certified Government Financial Manager (CGFM), Project Management Professional (PMP), or Certified Defense Financial Manager (CDFM) are desirable.

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

Thank you for your interest in ITC Defense!