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Program Finance Analyst Jobs in Maryland (NOW HIRING)

ITC Defense

Program Financial Analyst

Lexington Park, MD · On-site

$65K - $80K/yr

Program Financial Analyst Location: Lexington Park, Maryland (Hybrid)Position Overview ITC Defense ... Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.

Noblis

Budget / Finance Analyst

Bethesda, MD · On-site

Planning, analyzing, and managing financial resources to ensure mission success and compliance with ... Work closely with program managers and stakeholders to align funding with operations priorities ...

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All JobsProgram Finance Analyst JobsProgram Finance Analyst Jobs in Maryland

Program Finance Analyst information

See Maryland salary details

$37.4K

$85.5K

$114.5K

How much do program finance analyst jobs pay per year?

As of Aug 21, 2026, the average yearly pay for program finance analyst in Maryland is $85,515.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,900.00 and $107,200.00 per year, depending on experience, location, and employer.

What is a program finance analyst?

A Program Finance Analyst is a professional responsible for managing, analyzing, and reporting the financial aspects of specific programs or projects within an organization. They work closely with project managers, finance teams, and other stakeholders to develop budgets, monitor expenditures, forecast financial outcomes, and ensure compliance with financial regulations. Their role is crucial in helping organizations achieve their program goals while staying within budget and identifying potential financial risks. Program Finance Analysts often use financial software and data analysis tools to track and report on program performance. They play a key role in strategic planning and decision-making for projects.

How does a program finance analyst typically collaborate with project managers and other departments?

Program Finance Analysts work closely with project managers to track budgets, forecast financial needs, and ensure compliance with financial regulations. They often participate in cross-functional meetings to provide financial insights and support decision-making. Additionally, they coordinate with departments like procurement and accounting to streamline financial processes and maintain accurate records, making strong communication and teamwork essential for success in this role.

What are the key skills and qualifications needed to thrive as a program finance analyst, and why are they important?

To thrive as a Program Finance Analyst, you need strong analytical skills, proficiency in financial modeling, and a degree in finance, accounting, or a related field. Familiarity with ERP systems like SAP or Oracle, as well as advanced Excel skills and sometimes a CPA or CFA certification, are commonly required. Exceptional attention to detail, problem-solving abilities, and effective communication are critical soft skills for collaborating with cross-functional teams and presenting financial insights. These skills ensure accurate financial planning, effective resource allocation, and informed decision-making for successful program management.

What is the difference between Program Finance Analyst vs Budget Analyst?

AspectProgram Finance AnalystBudget Analyst
Required CredentialsBachelor's in Finance, Accounting, or related field; often CPA or CFA preferredBachelor's in Finance, Economics, or related field; certifications like CGFM beneficial
Work EnvironmentGovernment agencies, large corporations, or defense contractorsGovernment agencies, public sector, or large organizations
Employer & Industry UsageUsed in project-based, federal, or defense sectors focusing on program fundingUsed in public sector and corporate budgeting processes

The Program Finance Analyst and Budget Analyst roles share similar credentials and work environments but differ in focus. The Program Finance Analyst emphasizes managing project funding and financial analysis for specific programs, while the Budget Analyst concentrates on preparing and monitoring organizational budgets. Both roles are vital in financial planning within government and corporate sectors.

Program Finance Analyst jobs near you
Infographic showing various Program Finance Analyst job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 18% Part Time, and 4% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $85,515 per year, or $41.1 per hour.

Program Financial Analyst

ITC Defense Corp.

Lexington Park, MD • On-site

$65K - $80K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago

Job description

Position: Program Financial Analyst
Location: Lexington Park, Maryland (Hybrid)

Position OverviewITC Defense is seeking a Program Financial Analyst to support the Program Management Office (PMO) in Lexington Park, Maryland. The Program Financial Analyst provides financial planning, analysis, budgeting, forecasting, and program control support across multiple government contracts and task orders. This position serves as a key business partner to Program Managers, Project Officers, Contracts, and Corporate Finance personnel by providing accurate financial reporting, actionable insights, and strategic recommendations to support successful contract execution and informed decision-making.ResponsibilitiesSupport may include, but is not limited to, the following:
Financial Planning and Analysis
  • Develop, maintain, and analyze program budgets, forecasts, and Estimates-at-Completion (EACs) for multiple contracts and task orders.
  • Prepare monthly, quarterly, and ad hoc financial reports to support program and executive leadership decision-making.
  • Analyze actual costs against budgets and forecasts and identify cost drivers, risks, and opportunities.
  • Perform financial modeling and scenario analysis to support strategic planning and business decisions.
  • Support annual operating plans, financial planning activities, and long-range forecasting.
Program Financial Management
  • Monitor contract funding, expenditures, burn rates, and funding limitations to ensure financial compliance and program execution.
  • Develop and maintain revenue forecasts and support monthly financial close activities.
  • Monitor labor utilization, indirect costs, subcontract costs, travel, and Other Direct Costs (ODCs) against approved budgets.
  • Develop staffing projections and labor plans to support program requirements and financial objectives.
  • Prepare financial status reports, dashboards, and key performance indicators (KPIs) for program leadership.
Program Controls and Reporting
  • Prepare and maintain Estimates-at-Completion (EACs), revenue forecasts, and financial performance metrics.
  • Conduct variance analysis and provide recommendations to improve financial performance and operational efficiency.
  • Develop and maintain financial dashboards utilizing Microsoft Excel, Power BI, Power Automate, or similar reporting tools.
  • Support monthly program reviews and executive briefings by providing financial data, trends, and analysis.
Contract and Business Operations Support
  • Collaborate with Program Managers, Project Officers, Contracts, and Corporate Finance personnel to support contract execution and financial management activities.
  • Review invoices, expenditures, and financial transactions for accuracy and compliance with contractual requirements and company policies.
  • Monitor financial performance against contractual obligations and proactively identify potential risks and issues.
  • Support contract modifications, funding actions, and financial impacts associated with scope changes.
Compliance and Audit Support
  • Ensure compliance with company policies, contract requirements, FAR, DFARS, and applicable government regulations.
  • Support DCAA audits and customer financial data requests.
  • Maintain financial documentation and records in accordance with corporate and contractual requirements.
  • Identify and implement process improvements to enhance financial reporting accuracy, efficiency, and internal controls.
Other Duties
  • Provide financial support to special projects and strategic initiatives as assigned.
  • Perform other duties as assigned in support of program and corporate objectives.
Minimum Qualifications
  • Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.
  • Minimum of three (3) years of experience in program finance, project controls, financial planning and analysis (FP&A), cost analysis, or government contract financial management.
  • Minimum of two (2) years of experience supporting Department of Defense (DoD) contracts or other federal government programs.
  • Experience developing and managing budgets, forecasts, and Estimates-at-Completion (EACs).
  • Experience performing variance analysis and financial reporting within a government contracting environment.
  • Advanced proficiency in Microsoft Excel, including pivot tables, lookups, formulas, and financial modeling.
  • Strong analytical, organizational, and communication skills with exceptional attention to detail.
  • Active or Interim DoD Secret Clearance, or the ability to obtain and maintain one.
  • This position requires onsite work a minimum of three (3) days per week.
Preferred Qualifications
  • Experience with Deltek Costpoint, Cognos, Power BI, or other financial reporting systems.
  • Experience supporting Cost-Plus, Fixed-Price, Time-and-Materials, and IDIQ contracts.
  • Knowledge of Earned Value Management (EVM) principles and project control methodologies.
  • Experience supporting Foreign Military Sales (FMS) programs.
  • Experience supporting Department of Defense contracts, particularly within the U.S. Navy or NAVAIR environment.
  • Experience supporting Program Management Offices (PMOs) in a government contracting environment.
  • Professional certifications such as Certified Government Financial Manager (CGFM), Project Management Professional (PMP), or Certified Defense Financial Manager (CDFM) are desirable.
Why work at ITC Defense:
  • Employer Supplemented Health Insurance
  • Employer Paid Dental and Vision Insurance
  • Employer Paid Life and AD&D Insurance
  • 3% Biweekly 401(k) Contribution
  • Paid Time Off
  • Tuition and Certification Reimbursement
  • Competitive Salaries with Performance Incentives
  • A positive working environment with supportive teammates and leadership
For individuals assigned and/or hired to work in Maryland, ITC Defense is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to the State of Maryland and considers the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and delivery model. We would not anticipate that the individual hired into this role would land at or near the top end of the range, but such a decision will be dependent on the facts and circumstances of each case. A reasonable estimate of the range is $65,000.00 - $95,000.00 annually. You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
 

We are an organization of many diverse business opportunities, but each and every one of them centers around our people. ITC Defense Corp. is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or protected veteran status. U.S. Citizenship is required for most positions. This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice. Employment with ITC is at-will. ITC Defense welcomes resume submissions directly from individual job seekers. Unsolicited resumes from employment agencies will not be honored.

EEO Poster | E-Verify Participation Poster | E-Verify Right to Work Poster | VEVRAA Poster | ITC's Privacy Policy

ACCESSIBILITY- Candidates must be able to perform the essential functions of the position satisfactorily and that, if requested, reasonable accommodation may be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship. If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for purposes of participating in the application/selection process with ITC. Please refer to our website www.itcdefense.com/careers for further information on all our EEO/VEVRAA policies.

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