
Principal Program Cost Control Analyst
Welcome to Northrop Grumman, a leading global aerospace and defense technology company. We are seeking a highly skilled and motivated Principal Program Cost Control Analyst to join our dynamic team. In this role, you will play a critical role in managing and analyzing program costs to ensure successful project execution. We are looking for a detail-oriented individual with strong analytical skills and a proven track record of success in program cost control. If you are passionate about delivering results and have a strong desire to contribute to the success of our company, we encourage you to apply.
- Manage and analyze program costs to ensure efficient and effective project execution.
- Develop and maintain program cost control processes and procedures.
- Monitor and track program expenses, including labor, materials, and subcontractor costs.
- Identify cost variances and provide recommendations for cost reduction and cost savings opportunities.
- Prepare and present program cost reports to management and stakeholders.
- Collaborate with program managers and other team members to develop and maintain project budgets.
- Conduct risk analysis and develop contingency plans to mitigate potential cost overruns.
- Work closely with finance and accounting teams to ensure accurate and timely cost data.
- Utilize financial tools and systems to track and report program cost performance.
- Stay up-to-date on industry best practices and trends in program cost control.
- Communicate effectively with cross-functional teams to ensure alignment on program cost goals and objectives.
- Adhere to company policies and procedures related to program cost control.
- Participate in program reviews and audits to ensure compliance with cost control processes.
- Mentor and train junior cost control analysts as needed.
- Continuously seek opportunities to improve processes and increase efficiencies in program cost control.
Bachelor's Degree In Accounting, Finance, Or A Related Field.
Minimum Of 5 Years Experience In Program Cost Control, Preferably In The Defense Industry.
Strong Understanding Of Government Contract Regulations And Requirements, Such As Far And Cas.
Proficiency In Cost Control Systems And Tools, Such As Sap, Costpoint, And Earned Value Management.
Excellent Analytical And Communication Skills, With The Ability To Effectively Present Financial Data To Stakeholders And Senior Management.
Variance Analysis
Financial Reporting
Project Management
Contract Negotiation
Forecasting
Budget management
Cost Analysis
Project Scheduling
Risk assessment
Resource allocation
Cost estimation
Data
Communication
Conflict Resolution
Leadership
Time management
creativity
flexibility
Teamwork
Adaptability
Problem-Solving
Empathy
According to JobzMall, the average salary range for a Principal Program Cost Control Analyst in Annapolis Junction, MD, USA is between $120,000 and $140,000 per year. This can vary based on the specific company, level of experience, and other factors.
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Northrop Grumman Corporation is an American global aerospace and defense technology company formed by Northrop's 1994 purchase of Grumman.

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