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Cost Control Manager Jobs in Silver Spring, MD (NOW HIRING)

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Cost Control Manager information

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$40.3K

$110.6K

$152K

How much do cost control manager jobs pay per year?

As of Aug 4, 2026, the average yearly pay for cost control manager in Silver Spring, MD is $110,621.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,600.00 and $125,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a cost control manager, and why are they important?

To thrive as a Cost Control Manager, you need strong analytical skills, financial acumen, and a degree in finance, accounting, or a related field. Proficiency with cost management software, ERP systems (such as SAP or Oracle), and possibly certifications like CMA or CPA is typically required. Attention to detail, problem-solving abilities, and effective communication skills help you collaborate with project teams and management. These skills are critical for ensuring projects stay within budget, identifying cost-saving opportunities, and supporting overall financial health.

What is the difference between Cost Control Manager vs Cost Analyst?

AspectCost Control ManagerCost Analyst
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CMA or CPA are commonUsually holds a bachelor's degree in finance, accounting, or economics; certifications like CMA can be advantageous
Work EnvironmentWorks in project management, construction, manufacturing, or corporate finance teamsWorks in finance departments, consulting firms, or project teams analyzing costs
Employer & Industry UsageUsed across construction, manufacturing, energy, and large-scale projectsCommon in finance, consulting, and corporate sectors

The Cost Control Manager oversees overall cost management and budgeting for projects or departments, focusing on controlling expenses and financial planning. In contrast, the Cost Analyst primarily conducts detailed cost analysis, data collection, and reporting to support decision-making. Both roles require financial expertise and certifications, but the Cost Control Manager has broader responsibilities in cost oversight, while the Cost Analyst specializes in detailed cost evaluation.

What are some common challenges faced by cost control managers, and how can they be addressed?

Cost Control Managers often face challenges such as managing project budgets with fluctuating costs, ensuring timely and accurate cost reporting, and aligning various departments to adhere to budget constraints. These challenges can be addressed by implementing robust cost tracking systems, maintaining clear communication with project teams, and regularly reviewing cost performance against forecasts. Proactively identifying potential cost overruns and collaborating with stakeholders to develop corrective action plans are also key strategies for success in this role.

What does a cost control manager do?

A Cost Control Manager is responsible for monitoring, analyzing, and managing a company's expenses to ensure that projects or operations remain within budget. They develop cost control systems, analyze financial data, and work closely with project managers and finance teams to identify areas for cost savings. Their role is crucial in preventing cost overruns and ensuring the financial success of projects, especially in industries like construction, manufacturing, and engineering.

Is a cost control manager a good career?

A cost control manager is a valuable role in industries such as construction, manufacturing, and engineering, focusing on monitoring and managing project budgets. The position typically requires strong analytical skills, knowledge of financial software, and certifications like CPM or CMA. It offers opportunities for advancement and stability in organizations that prioritize cost efficiency.
What are popular job titles related to Cost Control Manager jobs in Silver Spring, MD? For Cost Control Manager jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Cost Control Manager jobs in Silver Spring, MD look for? The top searched job categories for Cost Control Manager jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Cost Control Manager jobs? Cities near Silver Spring, MD with the most Cost Control Manager job openings:
Infographic showing various Cost Control Manager job openings in Silver Spring, MD as of June 2026, with employment types broken down into 1% As Needed, 67% Full Time, 28% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $110,621 per year, or $53.2 per hour.

Principal Program Cost Control Analyst

Northrop Grumman Corporation

Linthicum, MD • On-site

$89K - $134K/yr

Full-time

Medical, Life, PTO

Re-posted 22 days ago


Northrop Grumman rating

8.2

Company rating: 8.2 out of 10

Based on 360 frontline employees who took The Breakroom Quiz

87th of 536 rated manufacturers


Job description

RELOCATION ASSISTANCE: No relocation assistance available
CLEARANCE REQUIRED FOR START: No
CLEARANCE TYPE: Secret
TRAVEL: Yes, 10% of the TimeDescription
At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.
Northrop Grumman Mission Systems is a trusted provider of mission-enabling solutions for global security. We have a wide portfolio of secure, affordable, integrated, and multi-domain systems and technologies. Our differentiated battle management and cyber solutions deliver timely, mission-enabling information and provide superior situational awareness and understanding to protect the U.S. and its global allies.
We're looking for you to join our team as a Principal Program Cost Control Analyst based out of our Linthicum, MD area offices. This is an onsite position that offers the 9/80 work schedule.
NOTE: If you hold a SECRET CLEARANCE or higher, you should apply to: R10242149 Principal Program Cost Control Analyst.
What You'll Get to Do This requisition represents multiple existing opportunities within our Mission Systems Sector Business Management organization. The Principal Program Cost Control Analyst (PCA) will provide program planning and financial control support within one of the following three sector divisions:
  • Airborne Multifunction Sensors (AMS) Division
  • Multidomain Sensing, Targeting and Survivability (MSTS) Division
  • Navigation, Intelligence & Connectivity (NIS) Division

The PCA will interface with the program managers, functional management, cost account managers (CAMs) and business managers to provide financial support and analysis to meet program requirements. They will prepare budgets and schedules for contract work and assist in financial analyses such as funding profiles, sales outlook, cash forecasting, and variance analysis.
The PCA will monitor costs and schedules on contracts requiring validated cost schedule control system. This will include performing perform Earned Value Metric (EVM) tasks such as Work Breakdown Structure (WBS) development, budget baseline, cost risk analysis/ assessment and visibility reports, development, and analysis of estimates to complete.
The PCA will perform analysis and prepare reports in order to ensure that contracts are within negotiated and agreed-upon parameters and government cost control guidelines, including maintaining accurate records of expenditures, directing preparation of expenditure projections, and submitting timely requests for additional funding to the government.
The PCA will support audits and reviews as requested by programs, customers, and company management, support Annual Operating Plan, Resource Plan, and Long Range Strategic Plan activity, and prepare financial inputs to internal reports and presentations (IPRS, Dashboards, BARs, Etc.)
The PCA will provide technical guidance and mentorship to junior staff.
Basic Qualifications
  • Bachelor's degree with 5 years of related professional experience - OR - a Master's degree with 3 years of related professional experience
  • Experience with financial systems including cost performance reporting and analysis
  • Strong PC skills - specifically Excel proficiency (including pivot tables, Vlookup, and conditional formatting)
  • Ability to travel domestically 10% of the time.
  • US Citizenship
  • Ability to obtain and maintain a US Government Secret Security Clearance

Preferred Qualifications:
  • Degree in Finance, Accounting, or Business Administration or related field
  • Experience with Earned Value Management
  • Experience with COBRA, COGNOS, SAP
  • Experience in the Aerospace and Defense industry

What We Can Offer You
Northrop Grumman provides a comprehensive benefits package and a work environment which encourages your growth and supports the mutual success of our people and our company. Northrop Grumman benefits give you the flexibility and control to choose the benefits that make the most sense for you and your family.
Your benefits will include the following: Health Plan, Savings Plan, Paid Time Off and Additional Benefits including Education Assistance, Training and Development, 9/80 Work Schedule (where available), and much more!
MSBSMG
Primary Level Salary Range: $89,900.00 - $134,900.00
The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.
Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.
The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.
Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

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About Northrop Grumman

Sourced by ZipRecruiter

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible.

Industry

Space research administration

Company size

10,000+ Employees

Headquarters location

Falls Church, VA, US

Year founded

1939