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Program Cost Control Analyst Jobs in Reston, VA (NOW HIRING)

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Program Cost Control Analyst information

See Reston, VA salary details

$56.2K

$120K

$207.6K

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 Reston, VA is $119,977.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,500.00 and $134,700.00 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 Reston, VA as of June 2026, with employment types broken down into 100% Full Time. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $119,977 per year, or $57.7 per hour.
Program Cost Control Analyst

Program Cost Control Analyst

Northrop Grumman Corporation

Dulles, VA

$75K - $113K/yr

Full-time

Medical, Life, PTO

Posted 21 days ago

Northrop Grumman rating

8.1

Company rating: 8.1 out of 10

Based on 340 frontline employees who took The Breakroom Quiz

109th of 518 rated manufacturers

Job description

RELOCATION ASSISTANCE: No relocation assistance availableCLEARANCE REQUIRED FOR START: NoCLEARANCE TYPE: 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 - Level 2, your role at Dulles or Mclean, VA will be pivotal in supporting missions critical to national and global security. This position is 100% onsite and cannot accommodate telecommute work. Ready to join forces with our visionary team?

Our Program Cost Control Analyst will help prepare budgets and schedules for contract work and assists in 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.

Your Mission, Should You Choose to Accept:

  • 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 unthinkable alongside like-minded innovators.

Your Expertise - Required Qualifications:

  • Bachelor's degree with 2+ years of professional experience - OR - Master's degree with 1+ years of professional experience. Will consider an additional 4+ years of experience in lieu of degree
  • Experience with financial analysis or reporting
  • Experience with MS Office Suite
  • Must have the ability to obtain and maintain a U.S. Government Secret security clearance

Preferred Qualifications:

  • Active U.S. Government Secret security clearance at time of application, current and within scope
  • 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: $75,800.00 - $113,800.00The 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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