Program Cost Control Analyst - Level 2

The key responsibilities of a Program Cost Control Analyst at Northrop Grumman include preparing program budgets, maintaining accurate records of expenditures, conducting variance analysis, and ensuring compliance with government cost control guidelines. You'll also support audits, perform Earned Value Management tasks, and assist in forecasting financials to ensure program success.

To qualify for the Program Cost Control Analyst role at Northrop Grumman, candidates must possess a Bachelor's degree with at least 2 years of professional experience or a Master's degree with 1 year of experience. Alternatively, 4 or more years of relevant experience can substitute for a degree, along with an active U.S. Government DoD Top-Secret security clearance.

Beneficial skills for a Program Cost Control Analyst at Northrop Grumman include expertise in financial analysis and reporting, proficiency with MS Office Suite, familiarity with Earned Value Management (EVM), and knowledge of regulations such as FAR/DFAR. Experience with financial software like Costpoint, Cobra, Primavera, or SAP is also advantageous.

Northrop Grumman fosters a culture of collaboration and innovation, encouraging employees to embrace their curiosity and contribute creatively. As a Program Cost Control Analyst, you will be part of a team that values intellectual diversity and problem-solving, with opportunities to grow and make significant impacts on both company and national security objectives.

Yes, relocation assistance may be available for the Program Cost Control Analyst position at Northrop Grumman, designed to ease the transition for selected candidates moving to Dulles, VA, making it an attractive opportunity for those looking to join a reputable company specializing in groundbreaking technology.

In answering this question, highlight specific examples where you successfully prepared budgets, including any tools or methodologies you used, such as Earned Value Management. Discuss how you ensured compliance with guidelines and how your budget management positively impacted project outcomes.

To answer this question effectively, describe the specific processes you follow for data verification, cross-checking against original documents, and collaborating with team members. Emphasize any software or systems you utilize to ensure accurate reporting, as well as how your attention to detail benefits the program.

Discuss your experience with audits and how you prepare for them. Share strategies you employ for organizing financial documents, your communication with auditors, and how you ensure that all necessary information is readily available. Highlight your ability to respond to findings positively.

When discussing your forecasting capabilities, mention techniques you use such as trend analysis and variance reports. Illustrate how you have implemented your forecasts to influence financial decisions in the past, demonstrating your strategic thinking and analytical skills.

Talk about your systematic approach to cost management, including establishing a cost control system, monitoring progress, and using performance metrics. Provide examples that show how you identified and mitigated risks to stay within budget.

Use this question to illustrate your problem-solving skills. Describe a specific scenario where financial assessments revealed a significant issue, your approach to addressing it, and the successful resolution that resulted from your intervention.

Discuss your familiarity with government regulations and how you apply them in your work. Share how you stay informed about updates to regulations and incorporate compliance measures in your financial processes to avoid discrepancies.

Mention the software programs you are experienced with, such as Costpoint, Cobra, or SAP, and provide examples of how you have effectively used them in your previous roles to streamline financial analysis and reporting.

Illustrate your prioritization methods by discussing strategies such as assessing urgency and importance, using project management tools, or employing time management techniques to ensure all critical tasks related to cost control are executed timely.

In your response, express your passion for financial analysis and the satisfaction you gain from contributing to mission-driven projects. Highlight your commitment to continuous improvement and how this keeps you motivated to reach your professional goals.