PMO Lead Financial Operations

Location

Lexington Park, MD (Hybrid)

PMO Lead – Financial Operations

ITC Defense is seeking an experienced PMO Lead – Financial Operations to support a NAVAIR Foreign Military Sales (FMS) Logistics program in Lexington Park, MD. This position serves as the financial and operational lead for the Program Management Office (PMO), providing oversight of program financial planning, budgeting, forecasting, project controls, and business operations activities across a complex government contract environment.

The successful candidate will work closely with Program Managers, Project Officers, Contracts, and Corporate Finance personnel to ensure accurate financial reporting, effective resource planning, and successful contract execution while leading key PMO operational functions. This role requires a strong background in government contract financial management combined with the ability to lead program controls and business operations activities in support of mission‑critical defense programs.

• Develop, maintain, and manage program budgets, forecasts, and Estimates at Completion (EACs) across multiple contracts and task orders.
• Prepare monthly, quarterly, and ad hoc financial reports for program leadership and executive management.
• Analyze actual costs against budgets and forecasts, identifying trends, cost drivers, risks, and opportunities.
• Monitor contract funding, expenditures, labor utilization, and burn rates to ensure successful financial execution.
• Manage labor forecasting, staffing projections, and labor allocations to support program execution and hiring decisions.
• Perform variance analysis and provide recommendations regarding financial risks and corrective actions.
• Develop and maintain financial models, dashboards, and reporting tools utilizing Microsoft Excel and Power BI.
• Monitor program profitability and provide financial recommendations to support strategic decision‑making.
• Review and validate subcontractor and prime invoices to ensure compliance with contractual requirements and approved budgets.
• Monitor subcontract funding, expenditures, and financial performance.
• Support annual operating plans, long‑range forecasts, and budget development activities.
• Support pricing efforts, contract modifications, and proposal financial inputs.
• Ensure compliance with FAR, DFARS, DCAA requirements, and company financial policies and procedures.

• Lead and manage the PMO, including personnel responsible for Project Controls/Finance, Travel & Purchasing, and CAC/NMCI/SAAR administration.
• Support the Program Manager in daily contract execution, schedule management, risk management, and stakeholder coordination.
• Provide guidance on program management processes, financial controls, and contract compliance.
• Support Contract Data Requirements List (CDRL) management and reporting requirements.
• Interface directly with government customers, supporting reviews and responding to financial and programmatic inquiries.
• Cross‑train and provide mentorship to PMO personnel and provide back‑up support for other PMO functions as necessary.
• Develop and implement process improvements to enhance financial reporting, PMO efficiency, and overall program execution.
• Perform other duties as assigned.

• Master's degree from an accredited college or university and greater than ten (10) years of experience in program finance, project controls, business management, acquisition, or program management; OR Bachelor's degree from an accredited college or university and greater than fourteen (14) years of relevant experience.
• Minimum five (5) years of experience supporting program financial management, forecasting, budgeting, and project controls in a DoD contracting environment.
• Minimum five (5) years of PMO, program management, or project controls experience supporting government contracts.
• Experience developing and maintaining program budgets, Estimates at Completion (EACs), labor forecasts, financial reporting, variance analyses, and funding projections.
• Strong understanding of FAR/DFARS/DCAA requirements, government contract financial management, and Cost Plus, Fixed Price, and…