Program Financial Analyst Jobs
Program Financial Analyst jobs are open across defense contracting, federal agencies, healthcare systems, and higher education, with specializations in budget formulation, cost analysis, and contract financial management, from junior analyst to senior program finance lead. See the openings below and apply to the ones that match your experience.
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Location
Wilmington M
Onsite, Hybrid or Fully Remote
Onsite
Status
Full-Time
Reports To
Hiring Manager
FLSA Status
Exempt/Salary
Management Position
No
Compensation Min
$80,000
Compensation Max
$95,000
Position Overview
This is a full-time role based in Willmar, MN. Regular working hours averaging 40-45 per week.
Responsibilities
Key Responsibilities
- Financial Planning & Forecasting: Develop and maintain program financial forecasts, budgets, long-range plans, prepare projections, and track labor utilization, material costs, and program expenditures.
- Program Financial Management: Monitor performance against budget and contractual targets, review program costs, identify risks and opportunities, ensure proper revenue recognition, and maintain profitability analyses.
- Reporting & Analysis: Prepare reporting packages, analyze variances, support month-end close, develop KPI dashboards, and provide ad hoc analysis.
- Project & Revenue Accounting Support: Support percentage-of-completion and other revenue recognition methods, review EAC and ETC calculations, monitor funding, billings, backlog, and margins.
- Business Partnership: Serve as the finance liaison for assigned programs and provide financial guidance for proposals and contract negotiations.
- Compliance & Controls: Ensure compliance with controls, support audits, maintain records, and improve reporting processes.
Technical Skills
- Advanced Excel (Pivot Tables, Power Query, XLOOKUP, financial modeling).
- Financial forecasting and budgeting.
- Variance analysis and KPI reporting.
- ERP and business intelligence platforms.
- Power BI, Tableau, or similar reporting tools.
- Strong understanding of financial statements and accounting principles.
Key Competencies
- Financial Analysis
- Business Acumen
- Strategic Thinking
- Attention to Detail
- Problem Solving
- Communication Skills
- Cross-Functional Collaboration
- Project Management
- Decision Support
- Risk Assessment
Typical Performance Metrics
- Program Gross Margin
- Revenue Forecast Accuracy
- Estimate-at-Completion Accuracy
- Cost Variance Performance
- Cash Flow Performance
- Budget Compliance
- Working Capital Management
- On-Time Reporting
- Financial Control Compliance
Role Impact
Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.
- 3 to 7 years of financial analysis, project accounting, program finance, or related experience.
- Experience supporting large-scale projects, contracts, or manufacturing operations.
- Strong financial modeling and analytical skills.
- Advanced proficiency in Microsoft Excel.
Preferred Experience
- Experience with ERP systems such Microsoft Dynamics
- Experience with project accounting and revenue recognition.
- Experience in manufacturing, engineering, aerospace, defense, construction, or technology industries.
- Experience with Copilot or Claude
Kovalus offers a comprehensive package that includes: Medical (3 plan options), Dental (2 plan options) and Vision plan insurances; 401K (6% company match & fixed company contribution based on seniority); health savings and flexible spending accounts; company provided basic life insurance policy with the option of selecting additional voluntary life insurance for self, spouse or dependents; disability insurances (short-term policy is company paid & long-term is split between company and employee); voluntary insurance plans for Accident, Critical Illness and Hospital Indemnity; business and personal travel insurance; 10 paid holidays; vacation time starting at 3 weeks; 48 hours sick time; employee assistance program; educational assistance program; referral bonus; bereavement leave.
All benefits are subject to applicable plan and program terms (including eligibility terms) and may be subject to change.
The Company’s employment application form will state, at least, that The Company will consider all applicants for positions without regard to race, color, religion, religious creed, sex, gender or gender identity, gender expression, sexual orientation, national origin, citizenship, ethnicity, ancestry, age, physical disability, mental disability, medical condition, pregnancy (including medical needs which may arise from pregnancy, childbirth or related medical conditions), military and veteran status, genetic information, marital or familial status, political affiliation, union membership, or any other basis prohibited by law.
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Find JobsProgram Financial Analyst Job Market
Who's Hiring



Top Industries Hiring
- Technology & Software
What Employers Look For
The qualifications that appear most often in program financial analyst jobs.
- Bachelor's degree in finance, accounting, business, or a related field
- Proficiency in Microsoft Excel including pivot tables and financial modeling
- Experience with government or defense contract financial management
- Familiarity with Earned Value Management System reporting and analysis
- Knowledge of FAR and DFARS cost accounting principles
- Experience with Deltek Costpoint or comparable ERP financial systems
Tips for Your Program Financial Analyst Job Search
Tailor your resume to contract types
Program financial analyst postings often specify contract vehicle experience like cost-plus, firm-fixed-price, or time-and-materials. Call out the contract types you've worked under directly in your experience bullets so hiring managers can match your background to their portfolio instantly.
Highlight Earned Value Management credentials
Many defense and government program finance roles require Earned Value Management System knowledge. If you've supported EVMS reporting or hold an AACE or PMI certification, list it prominently near the top of your resume rather than burying it in a skills section.
Apply early to roles that fit
Migrate Mate lists program financial analyst openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Filter by clearance requirement upfront
A large share of program financial analyst openings in defense and federal contracting require an active security clearance. Sort for clearance-required roles separately so you're not spending time on postings you're not currently eligible for.
Prepare a walk-through of a budget variance
Interviewers frequently ask you to explain a situation where actuals diverged from plan. Prepare a concise example that covers what drove the variance, how you identified it, and what corrective action followed, using real figures you can speak to confidently.
Negotiate against the program labor category
Many program finance roles are priced to a labor category defined in a contract's cost structure. Research the relevant labor category ceiling before your offer conversation so you understand the ceiling your employer is working within and can negotiate with realistic context.
Program Financial Analyst Jobs: Frequently Asked Questions
Which companies are hiring the most program financial analysts?
The companies hiring the most program financial analysts right now include Raytheon, People, Technology & Processes, and Molex, with the largest share of openings in Virginia, Maryland, and District of Columbia, based on current listings on Migrate Mate as of November 2026. Defense contractors and federal systems integrators consistently represent the largest concentration of active openings.
How many program financial analyst jobs are remote?
About 64% of program financial analyst openings are fully remote or hybrid as of November 2026, though the share varies significantly by sector. Roles focused on commercial programs, internal reporting, and financial planning tend to offer more remote flexibility, while positions tied to classified government contracts or on-site program offices are more likely to require in-person work.
How do you become a program financial analyst?
Start with a bachelor's degree in finance, accounting, or business administration, then pursue entry-level roles in financial analysis, budget support, or cost accounting. Building exposure to contract financial management, particularly on government or defense programs, accelerates your path. Earning credentials like a CPA, CDFM, or EVMS certification strengthens your profile for more senior positions over time.
Can you get a program financial analyst job with little experience?
Yes, junior program financial analyst roles exist specifically for candidates early in their careers, particularly at large defense contractors and consulting firms with structured analyst programs. Internships in budget analysis, financial operations, or government contracting are strong entry points. Demonstrating Excel fluency, an understanding of cost reporting basics, and any exposure to contract environments can offset limited direct experience.
What does the program financial analyst interview process look like?
The process typically involves an initial screening call focused on your financial background and contract experience, followed by one or two rounds of behavioral and technical interviews. Expect questions on budget variance analysis, cost reporting tools you've used, and how you've supported program managers with financial data. Some employers include a short Excel or financial modeling exercise before or during the final interview stage.
Where can I find and apply to program financial analyst jobs?
You can find and apply to program financial analyst jobs on Migrate Mate, which lists current openings from employers across the United States. Search for roles that match your experience level, sector preference, and location, then apply directly to each listing that fits.
See All 75 Program Financial Analyst Jobs
Find roles that match your experience and apply in just a few clicks.
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