Job Description
Classified Accounting - Level 2
Location: Palmdale CA
What You Will Be Doing
The Classified Accounting Team provides comprehensive financial management for programs and projects subject to classification. Responsibilities include the recording, analysis, and reporting of classified expenditures, ensuring compliance with Department of Defense (DoD) financial regulations, Federal Acquisition Regulation (FAR), Cost Accounting Standards (CAS), and internal security policies. The team safeguards sensitive financial data while delivering accurate, timely information to program managers, auditors, and senior leadership.
Key Responsibilities
General Ledger Management
- Record and reconcile all classified transactions in accordance with GAAP, FAR, and CAS.
- Data transfers between physical environments on site.
- Maintain separate ledgers for classified and unclassified funds to prevent cross-contamination.
- Must work with program (finance, supply chain, MRP, production control) in order to process and correct vendor payments. (Includes financing activities and normal payments)
- Will include some or all of the responsibilities as defined. Performs financial analysis, variance analysis, and trend identification. Integrates information from multiple financial systems, processes and functions in order to consolidate the data forensics into actionable business solution recommendations.
- Maintain applicable internal and external (FAR, CAS, SEC, US GAAP) policy, procedure, and controls for compliance to support internal process and external regulatory requirements. General Ledger account reconciliation and analyze GL account balances. Ability to process, reconcile, and analyze data being transferred between two different environments.
Financial Reporting
- Ability to quickly pick up the financial data processing, data transfers between environments, and analyze financial reporting impacts from classified programs.
- Assist with coordination of internal and external audits (e.g., DoD Audit Agency, Defense Contract Audit Agency).
- Address audit findings, implement corrective actions, and maintain audit trails for classified data.
Security & Data Protection
- Safeguard classified financial records in accordance with ADP-39, NISPOM, and agency security policies.
- Ensure proper handling, marking, storage, and transmission of classified information.
Stakeholder Support
- Serve as liaison between finance, program management, contracting, and security offices.
- Provide briefings and financial insight to leadership and program review boards.
Process Improvement
- Identify opportunities to streamline classified accounting processes, reduce manual effort, and enhance data integrity.
- Participate in system implementations/upgrades (e.g., ERP, CAFM) while maintaining classification controls.
- This role will need to be on-site (on-call) due to the classified nature of the business, the role will require travel between buildings.
What's In It For You
From onsite to remote, we offer flexible work schedules to comprehensive benefits investing in your future and security, Learn more about Lockheed Martin's comprehensive benefits package here.
Who You Are
You are a detail-oriented accounting professional experienced in regulated, security-sensitive environments where accuracy, compliance, and data protection are essential. You have a strong foundation in general ledger accounting, financial analysis, and reconciling data across multiple systems, maintaining strict separation of classified and unclassified information. Comfortable working onsite and collaborating with finance, supply chain, contracting, production, and security teams, you support audits, vendor payments, and financial reporting in compliance with FAR, CAS, and US GAAP, providing reliable financial insight
Basic Qualifications
Bachelor's degree in Accounting, Finance, Business Administration, or related field.
1+ year of professional experience.
Experience with Microsoft excel, PowerPoint, Word, other Microsoft products.
General experience with accounting - both financial and cost accounting.
Clearance: Must receive active secret clearance upon hire.
Desired skills
Financial Accounting, Cost Accounting, SAP, Microsoft office products, Financial Analysis.
Certifications: CPA, CMA, or CISA preferred but not mandatory.
Must have willingness to learn, participate, be proactive, and improve processes.
Having an active secret clearance is a plus.
Ability to work remotely
Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
Work Schedule Information
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
National Pay Statement
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $60,600 - $106,835. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information 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 and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(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.
This position is incentive plan eligible.
Premium Pay Statement
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California, Massachusetts, and New York is $69,700 - $120,750. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information 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 and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
