Project Control Analyst

ITC Defense Corp. • Lexington Park, MD

17h • $60,000 - $90,000 • Hybrid

About The Position

ITC Defense is seeking a Project Control Analyst Journeyman to support its Program Management Office in Lexington Park, Maryland. The role provides financial planning, analysis, budgeting, forecasting, and program control support across multiple government contracts and task orders. It partners with Program Managers, Project Officers, Contracts, and Corporate Finance to deliver accurate financial reporting, actionable insights, and recommendations that support contract execution and business decisions. The position requires onsite work at least three days per week.

Requirements

• Meet one of the following education and experience combinations: bachelor's degree and the posting's stated related-work-experience requirement of three (2) years; associate's degree and seven (6) years; or no degree and nine (8) years. The posting presents inconsistent figures in parentheses.
• At least two years of experience supporting Department of Defense contracts or other federal government programs.
• Experience developing and managing budgets, forecasts, and Estimates-at-Completion (EACs).
• Experience performing variance analysis and financial reporting in a government contracting environment.
• Advanced proficiency in Microsoft Excel, including pivot tables, lookups, formulas, and financial modeling.
• Strong analytical, organizational, and communication skills and exceptional attention to detail.
• Ability to work onsite a minimum of three days per week.
• U.S. citizenship is required for most positions; the posting does not specify whether it is required for this particular position.

Responsibilities

• Develop, maintain, and analyze program budgets, forecasts, and Estimates-at-Completion (EACs) for contracts and task orders.
• Prepare monthly, quarterly, and ad hoc financial reports for program and executive leadership.
• Compare actual costs with budgets and forecasts, identifying cost drivers, risks, and opportunities.
• Perform financial modeling and scenario analysis for planning and business decisions.
• Support annual operating plans, financial planning, and long-range forecasting.
• Monitor contract funding, expenditures, burn rates, and funding limitations for 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 against approved budgets.
• Develop staffing projections and labor plans to support program requirements and financial objectives.
• Prepare financial status reports, dashboards, and KPIs for program leadership.
• Conduct variance analysis and recommend improvements to financial performance and operational efficiency.
• Develop and maintain financial dashboards using Microsoft Excel, Power BI, Power Automate, or similar reporting tools.
• Support monthly program reviews and executive briefings with financial data, trends, and analysis.
• Collaborate with Program Managers, Project Officers, Contracts, and Corporate Finance on contract execution and financial management.
• Review invoices, expenditures, and financial transactions for accuracy and compliance with contractual requirements and company policies.
• Monitor financial performance against contractual obligations and identify potential risks and issues.
• Support contract modifications, funding actions, and financial impact analysis for scope changes.
• 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 improve financial reporting accuracy, efficiency, and internal controls.
• Provide financial support to special projects and strategic initiatives, and perform other duties as assigned.

Benefits

• 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
• Positive working environment with supportive teammates and leadership
• Potential eligibility for a discretionary annual incentive program, subject to program rules and applicable factors

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level