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$54K

$115.3K

$199.5K

How much do program cost control analyst jobs pay per year?

As of Jun 20, 2026, the average yearly pay for program cost control analyst in the United States is $115,323.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,000.00 and $129,500.00 per year, depending on experience, location, and employer.

What does a cost control analyst do?

A cost control analyst monitors and manages project or organizational expenses to ensure they stay within budget. They analyze financial data, prepare reports, and collaborate with project teams to identify cost-saving opportunities, often using tools like spreadsheets or specialized software. Their work helps improve financial efficiency and project profitability.

What are the key skills and qualifications needed to thrive in the Program Cost Control Analyst position, and why are they important?

To thrive as a Program Cost Control Analyst, you need strong analytical skills, expertise in financial planning and budgeting, and typically a bachelor’s degree in finance, accounting, or a related field. Familiarity with cost management software (such as Deltek Costpoint or SAP), Excel, and earned value management (EVM) systems is highly valuable, and certifications like PMP or CPCM can be advantageous. Excellent communication, attention to detail, and the ability to work collaboratively distinguish top performers in this role. These skills are crucial for ensuring accurate project cost tracking, effective reporting, and successful coordination with both program teams and management.

What does a program cost analyst do?

A program cost control analyst monitors and manages the budget and expenses of a specific program or project. They analyze cost data, prepare financial reports, and ensure that projects stay within budget constraints, often using tools like Excel or specialized financial software. Their role helps organizations control costs and improve financial efficiency throughout the project lifecycle.

What is a Program Cost Control Analyst job?

A Program Cost Control Analyst is responsible for monitoring, analyzing, and reporting on the financial performance of projects within an organization. They track budgets, actual costs, variances, and forecasts to ensure compliance with financial guidelines and contractual requirements. Additionally, they collaborate with project managers, finance teams, and stakeholders to provide accurate cost analysis and recommendations for effective decision-making. This role is critical in maintaining financial controls and ensuring projects remain on budget and schedule. Strong analytical skills, attention to detail, and proficiency in financial software are essential for success in this position.

What does a program controls analyst do?

A program controls analyst is responsible for monitoring and managing project budgets, schedules, and performance to ensure that programs stay within scope and cost targets. They analyze data, prepare reports, and implement cost control measures using tools like Earned Value Management (EVM) to support project execution and decision-making.

What are the primary responsibilities of a Program Cost Control Analyst on a typical project?

As a Program Cost Control Analyst, your main responsibilities include monitoring project budgets, forecasting costs, analyzing variances, and preparing detailed financial reports to support program managers and executives. You will often collaborate closely with project management, engineering, and procurement teams to gather data, update progress, and ensure accurate financial tracking throughout the project lifecycle. Additionally, you'll help identify potential risks or cost overruns early and provide actionable recommendations to keep projects on track. This role involves a combination of independent analysis and teamwork, requiring strong communication and organizational skills. Many analysts find it rewarding to see their financial insights directly contribute to project success and organizational growth.

How much does a program cost control analyst make at Raytheon?

A Program Cost Control Analyst at Raytheon typically earns between $70,000 and $110,000 annually, depending on experience, location, and level of seniority. The role involves budgeting, cost analysis, and financial reporting within defense and aerospace projects, often requiring proficiency with cost management tools and certifications such as Earned Value Management.
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Program Cost Control Analyst jobs near you
Infographic showing various Program Cost Control Analyst job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 93% In-person, and 7% Hybrid job distribution, with an average salary of $115,323 per year, or $55.4 per hour.
Program Cost / Control Analyst

Program Cost / Control Analyst

Apogee Engineering, LLC

Colorado Springs, CO • Hybrid

$66K - $99K/yr

Full-time

Posted 10 days ago

Job description

Apogee has an exciting new opportunity for a Program Cost/Control Analyst to join our Finance and Accounting team in Colorado Springs, CO.  The Analyst will assume financial controllership over a portfolio of projects, providing cradle-to-grave project cost control, monthly reporting, and analysis to both external customers and internal stakeholders.  The Program Cost/Control Analyst will be hands-on with several projects of varying types of complexity.  Just starting your career?  This role provides abundant opportunities to learn project control nuances and to acquire new skills.


What you will be doing:

  • Perform project setup and maintenance (includes project numbers, billing and revenue formulas, ceilings, labor categories, workforce, etc.) in Deltek Costpoint
  • Communicate timecard and expense practices for projects and proactively monitor project timecards
  • Review subcontractor invoices for compliance and enter AP expense in Deltek Costpoint
  • Prepare and submit monthly invoices and monitor payments using Deltek Costpoint and relevant payment systems
  • Prepare financial data to support Monthly Status Reports and Program Management Reviews, including estimates and budget variance data
  • Process required project reports, monitor project costs, and identify and resolve issues within the core project team (Operations and Contracts)
  • Monitor contract and subcontractor funding status and initiate requests for additional funds
  • Conduct and present complex financial analyses (variance, risk, profit/loss, etc.)
  • Use cross-functional knowledge in business and financial management, contracts, scheduling, and risk management to provide oversight and guidance to staff of all levels to ensure contract financial and reporting compliance
  • Prepare pricing for project scope changes
  • Process contract modifications in relevant IT systems
  • Assist in contract/project closeout activities

Minimum Experience:

Citizenship: Must be a US citizen 
Clearance: None required
Certifications: None required
Education: Bachelor's degree in Accounting
Years of Experience: ~2 years of experience in accounting, finance, or project control


Additional Experience:

Experienced in AP and/or AR

Demonstrated ability to perform competing tasks in a deadline-driven environment on time and accurately

Skilled in reading contract requirements and applying the requirements to projects

Detailed-oriented and observant

Proficient in MS Office to include Excel, PowerPoint and Word

Preferred Qualifications:
Years of Experience: Bachelor's degree in Accounting with 2-5 years' experience in accounting, finance, or project control within DoD or federal contract environment

Additional Information
Location: Colorado Springs, CO
On-site/Hybrid/Remote: Hybrid (3 Days Onsite)
Travel: 0%-10%


USD $66,335.00 - USD $99,503.00 /Yr.

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