Project Control Analyst

Job Description

Job Description

Position: Project Control Analyst, Journeyman
Location: Lexington Park, Maryland (Hybrid)


Position Overview ITC Defense is seeking a Project Control Analyst Journeyman 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. Responsibilities Support 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

• Minimum Education and Experience Requirements
  Candidates must meet one of the following:
  • Bachelor’s degree 
  – Three (2) years of related work experience
  • Associate’s degree
  – Seven (6) years of related work experience
  • No degree
  – Nine (8) years of related work experience
• 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.
• This position requires onsite work a minimum of three (3) days per week.

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 $60,000.00 - $90,000.00 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 for further information on all our EEO/VEVRAA policies.

Don’t see the position you’re looking for? Connect with us to provide your resume for general consideration and receive updates on our latest job opportunities.

Thank you for your interest in ITC Defense!

Powered by JazzHR

xcS2dolYau