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Senior Program Cost Control Analyst information

How much does a program cost control analyst make?

A Senior Program Cost Control Analyst at Northrop Grumman typically earns between $90,000 and $130,000 annually, depending on experience, location, and certifications. The role involves budget analysis, cost tracking, and schedule management using tools like EVMS and SAP.

What is the difference between Senior Program Cost Control Analyst vs Program Cost Control Analyst?

AspectSenior Program Cost Control AnalystProgram Cost Control Analyst
Required CredentialsBachelor's degree, often with experience in cost analysis or financeBachelor's degree in finance, accounting, or related field
Work EnvironmentTypically in government, aerospace, or defense industries, working on complex projectsSimilar industries, supporting project teams with cost tracking and analysis
Employer & Industry UsageUsed in organizations requiring advanced cost control and analysis skillsCommon in project-based industries for entry to mid-level cost management

The main difference is that the Senior Program Cost Control Analyst has more experience and responsibilities, often overseeing complex projects and mentoring junior staff, while the Program Cost Control Analyst focuses on supporting cost tracking and analysis at a more operational level.

What does a senior cost analyst do?

A senior program cost control analyst is responsible for developing, analyzing, and managing project budgets and cost estimates to ensure financial objectives are met. They monitor expenses, identify cost variances, and implement corrective actions, often using tools like earned value management systems. Strong analytical skills and experience with financial software are essential for this role.

What does a cost control analyst do?

A cost control analyst monitors and manages project budgets by analyzing costs, tracking expenses, and ensuring financial efficiency. They use tools like spreadsheets and project management software to identify cost overruns and recommend corrective actions to keep projects within budget.

Is a FP&A analyst entry level?

An FP&A (Financial Planning and Analysis) analyst role is often considered entry to mid-level, depending on the organization. Senior Program Cost Control Analysts typically require several years of experience and advanced skills in budgeting, forecasting, and financial analysis, making the FP&A analyst position generally less senior. However, entry-level FP&A roles are common for recent graduates or those with limited experience in finance or accounting.
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Senior Program Cost Control Analyst jobs near you
Principal/Sr. Principal Cost Control Analyst

Principal/Sr. Principal Cost Control Analyst

Northrop Grumman Corporation

Los Angeles, CA • On-site

Full-time

Medical, Life, PTO

Posted 9 days ago

Northrop Grumman rating

8.1

Company rating: 8.1 out of 10

Based on 352 frontline employees who took The Breakroom Quiz

107th of 527 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.
Put your skills to the test by pushing the boundaries of what's possible. From global defense to sustainment and modernization to mission readiness, your experience and ability will make it a reality. Our programs are built on equal parts of curiosity and collaboration. Our combined effort means our customers can connect and defend millions of people around the world. With Northrop Grumman, you'll have the opportunity to be an essential part of projects that will define your career, now and in the future.
Northrop Grumman Defense Systems (NGDS) Sector is seeking a Principal Program Cost Control Analyst (level 3) or Sr Program Cost Control Analyst (Level 4) to join us in the pursuit of top-tier financial performance within the Advanced Weapons Systems Operating Unit (OU). The positions are based out of based out of Northridge, CA and will report to the Business Manager over the Stand-in-Attack Weapon program. There is no telework option for this position; it will be located in Northridge, CA.
This role will be responsible for implementing data driven analytics into effective program performance outcomes. Candidates for this position will demonstrate a broad skill set that is balanced across financial management, leadership, collaboration, innovation, communication, project management, risk/opportunity management, business acumen, and proposal-based capabilities.
Responsibilities:
  • 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; Prepare, review, and analyze program performance measurement and cost variances.
  • Accurately forecast program financial metrics including Orders, Sales, OM and Cash Flow for both booked and potential programs, Track and manage program billings and cash collections
  • Generate and support weekly, monthly and quarterly reviews and audits consisting of operations, planning, program management and EACs, Assist with monthly and quarterly financial close deliverables
  • 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
  • Maintain project setup in Costpoint and Cobra as needed
  • Performs analyses and prepares program financial reports for internal and external customers relative to program cost incurrence, material tracking, and labor spending.
  • Performs analyses and prepares reports to ensure program contracts are within negotiated, agreed-upon parameters, government cost control guidelines, and accounting guidelines
  • Prepare and submit timely and accurate Contract Data Requirements Lists (CDRLs)
  • Provide administrative/ad hoc support to team
  • Supports program cost estimate development, customer proposals, and negotiation.

Basic Qualifications Level 3:
  • Must have 9 years of related experience in lieu of degree; Bachelor's degree with 5 years' experience or a Master's degree with 4 years experience within in Accounting, Finance, or Business Administration
  • Strong PC skills and proficient knowledge with Microsoft Office Suite, including MS Excel.
  • Demonstrated ability to work in a team environment with technical subject matter experts and business operations personnel.
  • Demonstrated experience in working independently and being proactive
  • Experience managing multiple projects with demanding deadlines
  • Demonstrated critical thinking and analytical skills, while maintaining attention to detail and effective time management/organization
  • Must be able to work onsite in Northridge, CA

Basic Qualifications Level 4:
  • Must have 12 years of related experience in lieu of degree; Bachelor's degree with 8 years' experience or a Master's degree with 6 years experience within in Accounting, Finance, or Business Administration
  • Strong PC skills and proficient knowledge with Microsoft Office Suite, including MS Excel.
  • Demonstrated ability to work in a team environment with technical subject matter experts and business operations personnel.
  • Demonstrated experience in working independently and being proactive
  • Experience managing multiple projects with demanding deadlines
  • Demonstrated critical thinking and analytical skills, while maintaining attention to detail and effective time management/organization
  • Must be able to work onsite in Northridge, CA

Preferred Qualifications:
  • Active DoD security clearance.
  • Aerospace & Defense Finance and experience
  • Experience with multiple contract types (Cost Plus Fixed Fees/Cost Plus Incentive Fees, Cost Plus Award Fees, Firm Fixed Price/Firm Price Incentive Fee) desired
  • Familiarity with: Deltek Costpoint, IBM Cognos, Cobra, MS Project, Power BI, Tableau
  • Knowledge of and familiarity with Earned Value Management principles
  • Understanding of the RFP / proposal process
  • Experience with FAR/DFARS
  • Experience with Financial Planning & Analysis (FP&A)

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

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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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