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

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$40.3K

$110.6K

$152K

How much do cost control manager jobs pay per year?

As of Sep 15, 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 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.

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 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 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.

Is a cost control manager a good job?

A cost control manager is a valuable role responsible for monitoring and managing project or organizational expenses to ensure budgets are maintained. The job typically requires strong analytical skills, attention to detail, and proficiency with financial software, and it can offer opportunities for career advancement in industries such as construction, manufacturing, and finance.

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:

Cost Control Manager jobs near you
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.

Program Cost Control Analyst - Level 3 or 4

Dulles, VA

Northrop Grumman Corporation
Space Research Administration • 10K+ employees
Learn more about Northrop Grumman Corporationexternal

$117K - $176K/yr

Full-time

Medical, Life, PTO

Posted 12 days ago

Northrop Grumman rating

8.3

Company rating: 8.3 out of 10

Based on 372 frontline employees who took The Breakroom Quiz

Job description

RELOCATION ASSISTANCE: No relocation assistance availableCLEARANCE REQUIRED FOR START: YesCLEARANCE TYPE: Top SecretTRAVEL: Yes, 10% of the TimeDescriptionAt 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.

If forging a secure future excites you, look no further! Northrop Grumman's Space Sector provides an arena where your passion for innovation and quest for exploration are welcome. As a Program Cost Control Analyst - Level 3 or 4, your role at Dulles, VA will be pivotal in supporting missions critical to national and global security. Ready to join forces with our visionary team?

Our Program Cost Control Analyst will help prepare budgets and schedules for contract work and assist with financial analyses such as funding profiles, sales outlooks, cash forecasting and variance analysis. You will also work to ensure adequate funding availability by maintaining accurate records of expenditures, directing preparation for expenditure projections and submitting timely requests for additional funding to the government.

This position will work a 9/80 schedule, with every other Friday off. This position can be filled at a Level 3 or 4.

In this job, you will:

  • Set up cost control system, monitor and control costs and schedules on contracts requiring validated cost schedule control system

  • Support audits and reviews requested by programs, customers, and company management, fact-finding and negotiation support

  • Perform analysis and prepare reports in order to ensure that contracts are within negotiated and agreed-upon parameters and government cost control guidelines

  • Perform Earned Value Metric (EVM) tasks including Work Breakdown Structure (WBS) development, budget baseline, cost risk analysis/ assessment and visibility reports, development and analysis of estimates to complete

  • Other duties as assigned

Why you? You're the candidate we're searching for if you are ready to achieve the impossible alongside like-minded innovators.

Basic Qualifications - Level 3:

  • Bachelor's degree with 5+ years of professional experience - OR - Master's degree with 3+ years of professional experience

  • Will consider an additional 4+ years of experience in lieu of degree

  • Requires an active U.S. Government Top-Secret security clearance at time of application, current and within scope

  • Experience with financial analysis or reporting

  • Experience with MS Office Suite

Basic Qualifications - Level 4:

  • Bachelor's degree with 8+ years of professional experience - OR - Master's degree with 6+ years of professional experience

  • Will consider an additional 4+ years of experience in lieu of degree

  • Requires an active U.S. Government Top-Secret security clearance at time of application, current and within scope

  • Experience with financial analysis or reporting

  • Experience with MS Office Suite

Preferred Qualifications:

  • Degree in Finance, Economics, Accounting or Business Administration

  • Defense industry experience

  • Earned Value Management (EVM) experience

  • Program Cost Control experience

  • Experience with FAR/DFAR

  • Experience with Costpoint, Cobra, Primavera or SAP

Curious about all the exciting developments with the Northrop Grumman Space Sector? Click the link below:

https://www.northropgrumman.com/space

Primary Level Salary Range: $94,200.00 - $141,200.00Secondary Level Salary Range: $117,500.00 - $176,300.00The 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

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