Program Cost Control Analyst - Level 2
About The Position
Northrop Grumman is identifying candidates for future Program Cost Control Analyst Level 2 opportunities within its Space Systems Sector Business Management organization, supporting either the Intelligence Systems Division or the Multi-Domain Operations Division. The role provides program planning and financial control support for programs, intercompany work, and the site General Manager. This is a 100% onsite position in Redondo Beach, California, with no telecommuting, and follows a 9/80 schedule with every other Friday off. The posting does not represent a current opening; interested candidates may be considered for future positions. The analyst prepares budgets and schedules for contract work and supports financial analysis, including funding profiles, sales outlooks, cash forecasting, and variance analysis. The role helps ensure adequate funding by maintaining expenditure records, preparing expenditure projections, and submitting timely requests for additional government funding. It also includes strategic financial planning, reporting, and analysis; contract profitability and cash-flow assessment; financial deliverables; forecast analysis; and support for annual and long-range planning. The analyst establishes and monitors cost-control systems and schedules for contracts requiring validated cost schedule control systems, supports audits and reviews, and performs contract and government cost-control analyses. Earned Value Management work includes developing Work Breakdown Structures and budget baselines, assessing cost risks, preparing visibility reports, and developing and analyzing estimates to complete.
Requirements
- Bachelor’s degree and 2 years of professional experience, or a Master’s degree.
- An additional 4 or more years of experience may be considered in lieu of a degree.
- Ability to obtain and maintain a U.S. Government Top Secret/Sensitive Compartmented Information security clearance.
- Experience with financial analysis or reporting.
- Experience with Microsoft Office Suite.
Nice To Haves
- Degree in Finance, Economics, Accounting, or Business Administration.
- Defense industry experience.
- Program Cost Control experience.
- Experience with FAR/DFAR.
- Experience with Costpoint, Cobra, Cognos, Primavera, S4 Hana, or SAP.
- Experience with Financial Planning & Analysis (FP&A), proposals, or cash flow models.
- Experience as a Lead Program Cost Control Analyst.
- Understanding of indirect rate application.
- Experience with contract types such as FFP, FPAF, T&M, or OTA.
- Earned Value Management experience.
Responsibilities
- Plan, report, and analyze key financial metrics, including sales, margin, cash, and awards.
- Assess quarterly Estimate-at-Complete contract profitability, cash flow and balance sheet management, and risks and opportunities.
- Lead monthly and quarterly financial deliverables and analysis.
- Communicate financial progress and provide insights to senior leadership regularly.
- Support monthly Business Unit Operations reviews by preparing financial content, including quarterly and full-year forecast variance narratives and upside/downside sensitivity assessments.
- Lead development of the Annual Operating Plan and Long-Range Strategic Plan in collaboration with Business Development and Program Management.
- Prepare budgets and schedules for contract work and assist with funding profiles, sales outlooks, cash forecasting, and variance analysis.
- Maintain accurate expenditure records, direct preparation of expenditure projections, and submit timely requests for additional government funding.
- Support intercompany programs and the site General Manager.
- Set up cost-control systems and monitor and control contract costs and schedules where validated cost schedule control systems are required.
- Support program, customer, and company management audits and reviews, including fact-finding and negotiation support.
- Analyze contracts and prepare reports to ensure compliance with negotiated parameters and government cost-control guidelines.
- Perform Earned Value Management tasks, including Work Breakdown Structure development, budget baselines, cost-risk assessments, visibility reports, and estimates to complete.
- Perform other duties as assigned.
Benefits
- Health insurance coverage
- Life and disability insurance
- Savings plan
- Company-paid holidays
- Paid time off (PTO) for vacation and/or personal business
- Potential eligibility for overtime, shift differential, and discretionary bonuses depending on the position
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
