Program Cost Controls Principal Specialist
About The Position
The Program Cost Controls Principal Specialist supports the Advanced Products & Solutions (APS) business area within the Advanced Open Integrated Solutions (AOIS) Finance team. The role partners with Program Business Managers, Integrated Product Team (IPT) Leads, Program Managers, and Finance personnel to support program financial execution through cost reporting, Earned Value Management (EVM), forecasting, and financial analysis. The position prepares cost reports and analyzes financial data, planning systems, and program performance metrics. It compiles quarterly Estimate at Completion (EAC) submissions, prepares monthly cost and performance analysis for Earned Value reporting, evaluates financial performance at functional and product levels, processes approved Baseline Change Requests, and supports the Latest Revised Estimate process. The role also uses PRISM, a Material Requirements Planning (MRP) system, to analyze program material-cost impacts, and responds to billing, funding, and financial data inquiries.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, or a related field and a minimum of 5 years of related work experience.
- Experience using Microsoft Excel, including pivot tables, advanced formulas, and data analysis, as well as PowerPoint and Word to prepare financial reports and presentations.
- Experience using financial systems and tools, including SAP, SAP Business Warehouse (BW) or equivalent systems, and Microsoft 365 applications.
- Experience with EVM metrics, including Schedule Performance Index (SPI), Cost Performance/Cost of Performance Index (CPOI), To-Complete Performance Index (TCPI), Independent Estimate at Completion (IEAC), and Variance at Completion (VAC), and EAC analysis or equivalent financial forecasting methodologies.
- Experience working with cross-functional organizations, including Contracts, Operations, Engineering, Supply Chain, and Finance.
- U.S. citizenship is required due to government contractual restrictions on access to certain financial management systems.
- Ability to obtain and maintain a U.S. Government security clearance.
Nice To Haves
- Experience preparing written financial reports and presenting financial information to stakeholders at multiple organizational levels.
- Experience using PMX, PMTools, and RPlan forecasting systems.
- Experience analyzing financial and program data to identify variances, evaluate financial impacts, and support resolution of program or business issues.
- Experience reviewing financial reports and supporting documentation for accuracy, completeness, and consistency before submission.
- Active Department of Defense (DoD) Secret or Top Secret security clearance.
Responsibilities
- Partner with Program Business Managers, Integrated Product Team (IPT) Leads, Program Managers, and Finance personnel to support program financial execution.
- Perform program cost reporting, Earned Value Management (EVM), and financial analysis activities.
- Prepare internal cost reports and analyze financial data, planning systems, and program performance metrics.
- Compile quarterly Estimate at Completion (EAC) submissions for review by program and finance leadership.
- Prepare monthly cost and performance analysis to support Earned Value reporting.
- Analyze financial performance at the functional and product levels and identify variances against budget, baseline, and EAC positions.
- Process approved Baseline Change Requests (BCRs) and support the Latest Revised Estimate (LRE) process using established financial tools.
- Use PRISM, the Material Requirements Planning (MRP) system, to analyze grouping, pegging, and distribution impacts on program material costs.
- Respond to billing, funding, and financial data inquiries and complete ad hoc financial analysis requests.
Benefits
- Parental leave, including paternal leave
- Flexible work schedules
- Achievement awards
- Educational assistance
- Child/adult backup care
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short-term disability
- Long-term disability
- 401(k) match
- Flexible spending accounts
- Employee assistance program
- Employee Scholar Program
- Paid time off
- Holidays
- Annual short-term and/or long-term incentive compensation programs may be available, subject to eligibility and program conditions.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
