Remote Program Cost Control Analyst

Huntington Ingalls Industries; Fairfax (VA); On-site; USD 48,000 - 65,000; Full time

Benefits offered by this job

Medical, dental and vision

401(k) Savings Plan

Tuition reimbursement

Paid holidays and PTO

Job summary

Huntington Ingalls Industries (HII) Mission Technologies division is seeking a Program Cost Control Analyst to join the team. This role may be a remote opportunity and focuses on planning, tracking, analysis, and financial reporting of performance on projects of varying contract type, size, complexity, and level of risk.

The Analyst works with the Program Manager to define financial goals and interfaces with Contracts, Accounting, Subcontract management, and Procurement.

Qualifications

• 0 years with a Bachelor's in a related field, or 4 years with a high school diploma/equivalent.
• Experience with government contracts: FFP, FPI, FPLOE, T&M, CPAF, CPFF, CPIF, and hybrid.
• Strong Excel and MS Office skills; ability to work independently or in a team.
• Strong organizational, analytical, and communication skills.

Responsibilities

• Provide revenue and funding planning, reporting, monitoring, and analysis support to Program Managers.
• Lead project setup in compliance with contractual terms and requirements.
• Prepare program financial Estimates at Complete (EACs) and meet deadlines for corporate submission requirements.
• Identify project financial risks and opportunities and provide analytical contributions in working resolution with PM, Contracts, Procurement, and Accounting.
• Review and assess all contract modifications. Advise the program management team of financial impacts as necessary.
• Monitor costs and manpower monthly, ensuring that actuals are within budget and charged to the correct job number.
• Perform analytical review and arithmetic checks of cost reporting documentation.
• Prepare accurate and complete actual vs forecast/plan variance analysis and reporting.
• Prepare/Support Ops Review presentations for management.
• Prepare financial Contract Data Requirements (CDRL) for programs. Ensure contractual requirements are met and customer financial deliverables are accurate and timely.
• Perform ad-hoc financial analysis on the contract as requested by PMO and others.
• Monitor funding status, providing reliable and timely notification of funding status by line item detail as required.
• Support accounts receivable as required during billing processing.
• Prepare subcontractor and vendor accruals as GAAP and internal policies receive services/goods to ensure that the project’s cost/commitment is accurately captured and reported internally and externally.
• Ensure program revenue and profit are recorded in compliance with the EAC.
• Analyze profit risks and opportunities and advise management on the optimal path forward.
• Adhere to GAAP, SOX, FAR, and all company policies and procedures regarding contract performance and financials.

Skills

Excel

MS Office

Analytical

Communication

Teamwork

Education

Bachelor's degree

High School Diploma or equivalent

Tools

Contracting tools

CRM software

Job description

Huntington Ingalls Industries (HII) Mission Technologies division is seeking a Program Cost Control Analyst to join the team. This role may be a remote opportunity and focuses on planning, tracking, analysis, and financial reporting of performance on projects of varying contract type, size, complexity, and level of risk.

The Analyst works with the Program Manager to define financial goals and interfaces with Contracts, Accounting, Subcontract management, and Procurement.