Lockheed Martin

1LMX Product Costing/Manufacturing Finance Functional Analyst

Lockheed Martin$118K — $219K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Deep understanding of manufacturing finance or product/material cost accounting processes and policies
  • Expertise in financial processes, particularly around material and Grouping, Pegging and Distribution (GPD)
  • Experience in leading financial projects
  • Collaborative skills across business analysts and technical teams
  • US citizenship required due to system access

Responsibilities

  • Drive completion of all Functional Specifications
  • Conduct testing: Functional Unit, String, Integration tests, including script writing and defect resolution
  • Define and create Business Process and Roles
  • Develop End User Training materials
  • Execute the 1LMX Planning and Status Tasks
  • Partner with cross-functional teams during tools and process implementation
  • Maintain ongoing support for system interactions

Benefits

  • Medical, Dental, Vision coverage
  • Flexible work arrangements (e.g., 4x10 schedules)
  • 401(k) matching contribution
  • Paid time off including holidays and parental leave
  • Education assistance programs
  • Employee Assistance Program (EAP)
  • Life insurance options
  • Short-Term and Long-Term Disability coverage
Full Job Description
Standard Job Description

The Record-to-Report Organization is hiring an ERP Business Analyst Staff that will focus on leading Accounting-related process and systems transformation within Product Costing/Manufacturing Finance. This role provides an exciting opportunity to increase knowledge of the inner workings of S4 ERP and how it interacts with the rest of the LM F&BO processes and system landscape.

Your Mission

As the 1LMX Accounting Functional Analyst, you will work closely with the Finance and IT ERP product teams to provide solutions, ensuring that capabilities meet the business requirements. You will be key in implementing the overall 1LMX vision for Finance, capitalizing on best practices, and guiding activities. Your responsibilities will include (but not be limited to) the following:
• Driving all Functional Specifications to finalization
• Testing (Functional Unit Test, String Test, Integration Test, test script writing, organization/ coordination, status tracking and defect resolution)
• Defining Business Process and Business Roles
• Defining and creating End User Training
• Executing 1LMX Planning and Status Tasks

You will also partner with cross-functional teams to implement the tools and processes that were defined in our detail design phase. Critical partnerships include (but are not limited to) the following:
• 1LMX Value Stream Teams and Leadership, both functional and technical
• 1LMX Value Stream Business Area Representatives (VSBARs)
• Other consultant support
• Other Business Area interactions
• 1LMX Leadership

Candidates need to be willing to travel as requested to meet on-site implementation support, business requirements and team face to face sessions.

Proficient in AI prompting as it applies to this position and practice.

Applies functional knowledge to the design and customization of SAP or PeopleSoft client/server application to meet the company's requirements and systems needs. Understands content, processes, and procedures associated with implementing enterprise applications. Writes functional requirements, develops test plans, and works with production issues. Works with developers to ensure requirements are being met. At higher levels, serves as subject matter expert associated with content, processes, and procedures associated with implementing enterprise applications.

Basic Qualifications
• Deep understanding of the manufacturing finance or product/material cost accounting processes and policies
• Expertise in financial processes, particularly around material and Grouping, Pegging and Distribution (GPD)
• Experience in financial project leadership
• Ability to collaborate across BAs and technical/function workstreams
• US citizenship required due to system access

Desired Skills
• Experience with the Cost Accounting, Product/Material Costing process, and Earned Value Management especially in SAP
• Experience with 1LMX
• Ability to travel
• Leadership Development Program

Pay Information

GeoZone Definition: GeoZones are geographic groupings created by Lockheed Martin to align compensation ranges with regional labor markets and cost-of-labor differences across the United States. Locations are assigned a Geo Zone based on the primary work location of the role.
  • Full-time salary range (GEOZONE 1): $131100.00 - $243500.00
    • Includes metropolitan areas such as Sunnyvale CA; Pal Alto, CA; New York City metropolitan area; Newark, New Jersey; etc.
  • Full-time salary range (GEOZONE 2): :$118000.00 - $219100.00
    • Includes metropolitan areas such as Denver, CO; King of Prussia, PA; Stratford, CT; Moorestown, NJ; etc.
  • Full-time salary range (GEOZONE 3): :$104900.00 - $194700.00
    • Includes metropolitan areas such as Dallas-Fort Worth, TX; Orlando, FL; Grand Prairie, TX; Marietta, GA; etc.
  • Full-time salary range (GEOZONE 4): :$94400.00 - $175200.00
    • Includes metropolitan areas such as Camden, AR; Lexington, KY; Ocala, FL; Lufkin, TX; etc.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only.
Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.

Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.
  • Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
  • For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.

About Lockheed Martin

Lockheed Martin Corporation is a global security company that engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products. It also provides a range of management, engineering, technical, scientific, logistic, and information services. The company operates in four business segments: Aeronautics, Electronic Systems, Information Systems and Global Services, and Space Systems. Lockheed Martin was formed in 1995 from the merger of Lockheed Corporation and Martin Marietta. In September 2008, Lockheed Martin Corporation acquired Aculight Corporation. In January 2009, it completed its acquisition of Universal Systems & Technology, Inc. (UNITECH). In August 2009, it completed its acquisition of Gyrocam Systems LLC (Gyrocam). Gyrocam develops and supplies gyrostabilized optical surveillance systems and sustainment field services, principally to the United States military. Lockheed Martin Missiles and Fire Control, a unit of the Company's Electronic Systems business area, would manage the Gyrocam business.

Lockheed Martin Careers

Joining Lockheed Martin provides more than just a job opportunity; it offers a platform to be part of a leading team dedicated to advancing global security and aerospace innovation. As a cornerstone of technological prowess, Lockheed Martin invites you to contribute to a legacy of impactful achievements in defense and technology.

Work You’ll Do

At Lockheed Martin, your role will extend beyond fulfilling job responsibilities to reshaping the future of aerospace and defense. Our team at Lockheed Martin is engaged in critical missions that protect citizens and advance the boundaries of science. From engineering to cybersecurity, the opportunities for professional growth are boundless.

Innovate and Lead

Step into a career at Lockheed Martin and you will be at the forefront of innovation and leadership. We empower our employees to lead projects that redefine industry standards and incorporate cutting-edge technology. Lockheed Martin is not just about thinking of the next big idea; it’s about making it a reality.

Professional Growth and Development

Lockheed Martin is committed to the professional growth of every team member. We offer unparalleled career advancement opportunities including professional development, leadership programs, and continuous learning through our Lockheed Martin University. Whether you are looking to advance your skills in engineering, project management, or AI, Lockheed Martin is equipped to take your career to the next level.

Diversity and Inclusion

We believe that diversity drives innovation. Lockheed Martin fosters an inclusive culture that embraces diversity in thoughts and experiences. Through diversity training and networking, we ensure that every employee can thrive. Our leadership is committed to building a diverse workforce where everyone is heard, respected, and valued.

Internship and Early Career Opportunities

Kickstart your career with Lockheed Martin’s internship programs. These opportunities allow you to apply your academic knowledge to real-world projects, gaining invaluable industry experience. Internships often lead to full-time positions, as we love to see young professionals grow into future leaders within our company.

Benefits and Culture

Lockheed Martin is renowned for its vibrant culture and comprehensive benefits package designed to support the various needs of our diverse team. From competitive salaries and health benefits to employee wellness programs and flexible working conditions, we ensure that our team is well taken care of, motivated, and healthy.

Join Our Team

Explore the numerous employment opportunities on our careers page. We are continuously hiring skilled professionals eager to make a difference. Tailor your resume to highlight relevant skills and experiences, prepare for your interview, and join a team known for its commitment to excellence and innovation.

Stay Connected

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Lockheed Martin: Your Future is Here

Whether you are a seasoned professional or a recent graduate, Lockheed Martin offers a range of positions and career paths that align with your ambitions and skills. Join us in our mission to solve complex challenges, advance scientific discovery, and deliver innovative solutions that make a difference.

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Learn more about Lockheed Martin
Size
114,000 employees
Market Cap
$126.1 billion
Industry
Net Income
$6.8 billion
Founded
1995
5 Year Trend
+7.2%
Revenue
$65.3 billion
NASDAQ

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