Permanent
Lead Cost Analyst
Programme Management
Havant, Helensburgh
About the Role
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:
1. Support and enhance Cost Control Systems
2. Perform analysis and prepare reports aligned to contractual outputs
3. Monitor costs and cost composition against agreed parameters and government cost principles
4. Establish budgets for contracted work activities
5. Conduct financial analysis of cost projections and baselines, reporting detailed variances and trends
6. Prepare programme plans to ensure requirements within Statements of Work are effectively planned and captured
7. Perform risk analysis to identify programme cost risks and potential issues
8. Incorporate contractual changes into work systems to maintain accurate cost and sales baselines, forecasts, and analysis
9. Ensure costs are allocated in line with established processes and controls.
Required skills, qualifications and experience
10. Senior-level communicator with confident presentation skills
11. Advanced MS Office capability, particularly within Excel
12. Strong background in financial control and reporting
13. Proven application of Earned Value Management principles
14. Extensive experience in project cost control and performance reporting
Desired skills:
15. Experience of project management within the Defence and Space industry
16. Strong stakeholder engagement and relationship management skills
17. Knowledge of standard costing methodologies
18. Experience working with Government Single Sourcing Regulations
Job Reference Number
19003BR
Salary Range
£65,000 - £81,000 plus Competitive Benefits + Bonus
Employee Type
Full Time
Hours Per Week
37.5
Working Schedule
4xFlex
Country
United Kingdom (UK)
Clearance Required for Role
SC
Graduate, Intern or Apprentice Vacancy?
No
What we offer you
At Lockheed Martin our employees come first and therefore your physical, mental and financial wellbeing matters to us. On top of working in a highly supportive, friendly, respectful environment you can expect so much more.
We are an employer in support of and offering Flexible working with the option to also work a 4 day week depending on business requirements, where you have the option of Fridays off. We offer Competitive salaries alongside a flexible holiday entitlement.
We have a Wealth of benefits available to you that can be selected through our wellbeing tool upon commencement of employment. Just a few of our amazing benefits are shown below:
19. Private Medical Insurance
20. Competitive Pension
21. Dental
22. Critical Illness
23. Life Assurance
24. Travel Insurance
25. Employee discounts for top high street shops
26. Employee Assistance Program which includes free face to face counseling sessions, Legal advice, Financial advice, etc
27. Internal training and development alongside our Education assistance programmes
28. Reimbursement for a professional membership
29. Competitive policies that support flexibility and family leave inclusive of enhanced maternity leave
Business Environment
By bringing together people that use their passion for purposeful innovation, at Lockheed Martin we keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work. With our employees as our priority, we provide career opportunities designed to propel development and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. At Lockheed Martin, we place an emphasis on empowering our employees by fostering innovation, integrity, and exemplifying the embodiment of corporate responsibility.
Lockheed Martin Space is one of the four major business areas within Lockheed Martin. LMUK Space is at the forefront of Lockheed Martin’s International growth strategy including building exquisite satellites for a broad array of missions, ground station mission planning and command & control software products deployed to a diverse customer base as well as key capabilities in AI and space exploration and all underpinned by key strategic collaborations with universities in the UK. We not only deliver on current requirements, Lockheed Martin are always focused on the future requirements of this exciting and growing space domain which is a key enabler to our daily lives and future safety and security.
Equal Opportunity Statement
Lockheed Martin is committed to upholding principles of equal opportunity, fostering a work environment that is aligned with our core values of integrity, respect, and exceptional performance. We recognize the importance of leveraging the unique talents and experiences of all our employees to drive innovation, deliver superior solutions, and maximize value for our customers. Our focus is on identifying the most qualified candidate for each role, regardless of their background. If you are interested in a position, we invite you to share how your skills and perspectives could bolster our team and encourage you to apply, even if you feel your qualifications do not fully meet all the job criteria outlined in our advertisement. Furthermore, Lockheed Martin is dedicated to ensuring our recruitment process is inclusive for all individuals. We are prepared to accommodate reasonable adjustments for applicants as needed. If you require assistance or adjustments to participate in the job application or interview process, please contact end ngIf: ame != 'jobtitleInJobDetails' && ame != 'jobdescriptionInJobDetails' -->
Job Expires
31/07/2026
Lead Cost Analyst | LM Careers