Be part of a team delivering the next generation of secure military communications satellites for the UK Ministry of Defence. This work provides resilient, high‑performance connectivity for the UK, its allies and Defence personnel worldwide, playing a critical role in protecting national security as space becomes more contested and demand for secure data continues to grow.
Joining Lockheed Martin also means helping to shape significant investment in the North East space sector, with more than £100 million proposed to support high‑skill jobs, advanced manufacturing and long‑term economic growth. Opportunities include potential satellite manufacturing in County Durham and collaboration with NESST – the North East Space Skills and Technology Centre at Northumbria University – helping to build a strong pipeline of talent, learning and innovation.
This is your chance to work on mission‑critical technology, develop cutting‑edge skills and build a meaningful career, while delivering lasting impact for the region and the nation.
The Role:
The Lead Cost Analyst will work closely with the Programme and PMO team within a newly established Programme delivery team, supporting the successful delivery of a high-profile and complex programme. The role will play a key part in shaping and managing cost reporting, forecasting, and financial performance across programme delivery activities. A strong understanding of contractual and Financial Reporting Requirements will be important, alongside experience working within complex, multi-layered programme environments.
This role offers the opportunity to work closely with project and control account managers, providing valuable insight into programme performance and supporting informed decision-making through accurate reporting and forecasting. Responsibilities will include preparing budgets for contractual work, monitoring actual spend against programme outputs, and assessing the impact of schedule changes on overall cost outcomes.
Responsibilities:
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Support and enhance Cost Control Systems
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Perform analysis and prepare reports aligned to contractual outputs
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Monitor costs and cost composition against agreed parameters and government cost principles
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Establish budgets for contracted work activities
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Conduct financial analysis of cost projections and baselines, reporting detailed variances and trends
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Prepare programme plans to ensure requirements within Statements of Work are effectively planned and captured
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Perform risk analysis to identify programme cost risks and potential issues
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Incorporate contractual changes into work systems to maintain accurate cost and sales baselines, forecasts, and analysis
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Ensure costs are allocated in line with established processes and controls.
