Budget Analyst - Level 5

About the position

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history. Embark on a career putting innovative, reliable, and agile products and ideas into orbit, and beyond. Northrop Grumman has opportunities waiting for you that play a vital role in human space exploration, national defense, and scientific discovery, supporting multiple programs across the universe. With us, you’ll discover a culture of curiosity and collaboration that will have you Defining Possible from the day you start. Northrop Grumman is currently seeking a Budget Analyst – Level 5 to join our team in McLean VA. This role supports our Space sector headquarters organization. Join the Space revolution and make the impossible, possible.

Responsibilities

• Prepare annual budgets and assess risks and opportunities.
• Develop and maintain financial models to assist with rate and budget management.
• Analyze trends and review Actuals to Budgets monthly with budget owners; updating forecasts as needed.
• Prepare comparative evaluation of actual costs against budgeted funds and determine rationale for variances between costs and budgets.
• Assist with preparation of monthly and quarterly budget reporting, executive summaries, variance analysis, and presentations for management.
• Input budget forecasts into budgeting tool.
• Package the Space HQ FPRP.
• Monitor and report on Corporate allocations.
• Monitor and report on Fringe, Insurance, and State Tax.
• Serve as DCAA/MA Liaison.
• Prepare monthly allocations to Space rate segments.
• Support regular ad hoc requests for detailed and what-if analysis.
• Submit correction entries, as needed.
• Set up IWOs and project codes, as needed.
• Other duties and special projects, as assigned.

Requirements

• Bachelor’s degree with 12+ years of budget analysis/business management/finance related professional experience – OR – Master’s degree with 10+ years of budget analysis/business management/finance related professional experience.
• Experience in conducting financial analysis in an operations environment and/or business management.
• Experience with MS Office products (Excel, Word, PowerPoint, etc.).
• Experience with FAR Cost Principles and/or CAS.
• Experience with financial forecasting and reporting.

Nice-to-haves

• Working in a fast-paced, cross functional environment with keen attention to detail.
• Working understanding of program elements-of-cost, labor, material, subcontracts, etc.
• Working understanding of indirect pools and allocations.
• Experience delivering analysis and presentations to management/executive leadership.
• Experience using S4 Hana and Cognos NGRB.

Benefits

• Health insurance coverage
• Life and disability insurance
• Savings plan
• Company paid holidays
• Paid time off (PTO) for vacation and/or personal business