Lockheed Martin

Financial/Control Account Management - Level 2

Lockheed Martin$63K — $112K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Business, Finance, or related field or equivalent experience
  • Deep knowledge of Earned Value Management and Cost Accounting
  • Experience with Earned Value Management System (EVMS)
  • Ability to analyze and present financial data to leadership
  • Proficient in working within integrated product teams and cross-functional collaboration
  • Strong analytical and problem-solving skills
  • Excellent communication and presentation capabilities

Responsibilities

  • Develop and maintain control account baselines for cost, schedule, and performance
  • Generate monthly/quarterly cost and schedule forecasts; identify variances and propose solutions
  • Utilize Earned Value Management techniques to evaluate program status
  • Identify risks and issues related to cost and schedule
  • Coordinate among functional and program management to resolve discrepancies
  • Propose and execute improvements to cost management processes and tools

Benefits

  • Flexible work schedules, including part-time remote telework options
  • Medical, Dental, and Vision coverage
  • 401(k) match and Flexible Spending Accounts
  • Education Assistance programs
  • Paid Time Off and Holidays
  • Parental Leave
  • Short-Term and Long-Term Disability coverage
Full Job Description
Job Description

What You Will Be Doing:

The Control Account Manager (CAM) will act as the primary interface between program leadership, finance, and engineering teams to ensure accurate cost, schedule, and technical performance measurement across program control accounts. The CAM will drive integrated baseline reviews, forecast updates, and risk mitigation actions, supporting successful delivery of mission critical projects

Responsibilities include but are not limited to the following:
• Integrated Baseline Management - Develop, maintain, and update control account baselines (cost, schedule, performance) in collaboration with functional leads
• Cost & Schedule Forecasting - Produce monthly/quarterly cost and schedule forecasts; identify variances and recommend corrective actions
• Earned Value Management (EVM) - Apply EVM techniques to assess program health; prepare and present Earned Value reports to senior leadership
• Risk & Issue Management - Identify cost and/or schedule related risks and issues
• Stakeholder Coordination - Serve as the liaison between functional managers, program managers, contract officers and finance to resolve cost schedule discrepancies
• Process Improvement - Recommend and implement enhancements to cost management processes, tools, and templates

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.

Basic Qualifications

Bachelor's degree in Engineering, Business, Finance, or related field or related experience

Thorough understanding of Earned Value Management or Cost Accounting

Desired skills

Thorough understanding of Earned Value Management System (EVMS)

Experience with Cost Accounting Standards (CAS)

Experience analyzing, organizing and presenting cost, schedule, and/or technical data to leadership

Ability to quickly learn, assimilate, adapt to, and successfully execute in a dynamic environment

Strong analytical and problem solving abilities

Excellent communication and presentation skills with ability to collaborate with cross functional teams

Ability to synthesize complex data into clear, actionable insights for leadership.

Experience with integrated product teams (IPTs) and cross functional collaboration.

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 $63,800 - $112,470. 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 $73,400 - $127,075. 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.

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

Keep up to date with the latest at Lockheed Martin by subscribing to our careers blog. Receive personalized job alerts and insider tips directly to your inbox, and stay ahead in your career journey.

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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Lockheed Martin is not just a company; it’s a community where you can build a career that you can be proud of.
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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