Budget Analyst - Level 4

$100,000 - $150,000/Yr

Northrop Grumman - McLean, VA

Full-time - Mid Level

Remote - McLean, VA

5,001-10,000 employees

Computer and Electronic Product Manufacturing

About the position

The Budget Analyst - Level 4 position at Northrop Grumman involves supporting the ISM Rate Segment in the Space sector, focusing on financial analysis, budget preparation, and rate management. The role requires collaboration with various teams to ensure accurate financial reporting and compliance with government regulations, while also contributing to the company's innovative projects in space systems.

Responsibilities

• Assisting in the preparation of Forward Pricing rate proposal packages for timely and accurate submissions to DCMA and DCAA.
• Preparing annual budgets and schedules in support of Forward Pricing rate proposal packages, assessing risks and opportunities.
• Preparing monthly rate monitoring deliverables for DCMA/DCAA.
• Preparing executive reviews of rate segment performance.
• Supporting month-end activities such as reconciliation of actuals, budget/actual analysis, variance analysis, and associated accounting entries.
• Supporting ERP system and tools updates/testing to ensure cost structure aligns with the Disclosure Statement and rate calculations.
• Developing and maintaining financial models for rate and budget management.
• Supporting divisions with analysis and reporting for rate management.
• Handling regular ad hoc requests for detailed and what-if analysis.
• Assisting in year-end close activities and other special projects as assigned.

Requirements

• Bachelor's degree in Business/Finance/Accounting/Mathematics or related area with 9+ years of experience in Pricing/Finance/Contracts/Business, or a Master's degree with 7+ years of experience.
• Experience in conducting financial analysis in an operations environment and/or business management.
• Experience with MS Office products, specifically Excel.
• Experience with FAR Cost Principles and/or CAS.
• Experience with financial forecasting and reporting.
• US Citizenship is required.

Nice-to-haves

• Experience working in a fast-paced, cross-functional environment with keen attention to detail.
• Understanding of program elements-of-cost, labor, material, subcontracts, etc.
• Understanding of indirect pools and allocations.
• Experience delivering analysis and presentations to management/executive leadership.
• Experience using SAP, CostPoint, and Cognos TM1.

Benefits

• Medical, Dental & Vision coverage
• 401k
• Educational Assistance
• Life Insurance
• Employee Assistance Programs & Work/Life Solutions
• Paid Time Off
• Health & Wellness Resources
• Employee Discounts