The Role
Support PMO with budgeting, forecasting, EACs, variance analysis, and financial reporting across multiple DoD contracts. Monitor funding, labor, and costs; produce dashboards and KPIs; support audits, contract modifications, and executive briefings to drive compliant, informed program financial decisions.
Summary Generated by Built In
Position: Program Financial Analyst
Location: Lexington Park, Maryland (Hybrid)
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.
- 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.
- 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.
- 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.
- 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.
- Provide financial support to special projects and strategic initiatives as assigned.
- Perform other duties as assigned in support of program and corporate objectives.
- Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.
- Minimum of three (3) years of experience in program finance, project controls, financial planning and analysis (FP&A), cost analysis, or government contract financial management.
- 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.
- Active or Interim DoD Secret Clearance, or the ability to obtain and maintain one.
- Experience with Deltek Costpoint, Cognos, Power BI, or other financial reporting systems.
- Experience supporting Cost-Plus, Fixed-Price, Time-and-Materials, and IDIQ contracts.
- Knowledge of Earned Value Management (EVM) principles and project control methodologies.
- Experience supporting Foreign Military Sales (FMS) programs.
- Experience supporting Department of Defense contracts, particularly within the U.S. Navy or NAVAIR environment.
- Experience supporting Program Management Offices (PMOs) in a government contracting environment.
- Professional certifications such as Certified Government Financial Manager (CGFM), Project Management Professional (PMP), or Certified Defense Financial Manager (CDFM) are desirable.
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
Skills Required
- Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field
- Minimum of three (3) years experience in program finance, project controls, FP&A, cost analysis, or government contract financial management
- Minimum of two (2) years experience supporting Department of Defense or federal government contracts
- 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 (pivot tables, lookups, formulas, financial modeling)
- Strong analytical, organizational, and communication skills with exceptional attention to detail
- Active or Interim DoD Secret Clearance, or ability to obtain and maintain one
- Experience with Deltek Costpoint, Cognos, Power BI, or other financial reporting systems
- Experience supporting Cost-Plus, Fixed-Price, Time-and-Materials, and IDIQ contracts
- Knowledge of Earned Value Management (EVM) principles and project control methodologies
- Experience supporting Foreign Military Sales (FMS) programs or DoD/NAVAIR environments
- Experience supporting Program Management Offices (PMOs) in a government contracting environment
- Professional certifications such as CGFM, PMP, or CDFM
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The Company
What We Do
ITC Defense Corp. is a dynamic, technology-based, HUBZone-certified business in the global defense market. Our core capabilities in systems engineering and software development have positioned us to provide value added capabilities in today's transitioning marketplace. ITC is also at the forefront of information security technology integration and cyber resilience, leveraging commercial and government best practices to create innovative solutions to battle an ever-evolving cyber threat. The ITC team is comprised of engineers, analysts and subject matter experts with many years of experience working in support of the U.S. Department of Defense, U.S. Department of Justice, allied Military, and other Government Agencies. ITC recognizes that each customer’s organization has unique requirements which align with its individual culture and goals. With this holistic understanding, we design, develop and integrate an individualized solution to help our customers realize their vision by “Integrating Technology & Culture.”
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