Financial Mgmt - Junior Level
Location: Fort Worth TX
What You Will Be Doing:
You will be a Business Analysis assigned to the F22 Modernization or Sustainment Finance portfolio within the Integrated Fighter Group organization. Our team is responsible for all aspects of Finance and Business operations to include proposal development and negotiations, program execution activities, profitability analysis, OSEC (Orders, Sales, EBIT and Cash) commitments, and internal/external program reporting.
As the Business Analyst you will be responsible for financial activities, having sound cost and financial baselines, and collaborate with leadership and program management on contract execution/status.
Key Responsibilities:
• Ensure contracts have sound cost and financial baselines
• Conduct financial risk assessments and ensure accurate financial forecasts
• Collaborate with Control Account Managers, Program Managers, Financial Planning and Analysis (FP&A) teams, and other stakeholders to ensure alignment and effective communication
• Develop and maintain a deep understanding of the contracts financial performance and identify areas for improvement
Performs one or more multiple financial activities within various finance job functions (FP&A, Overhead, Program Finance, Accounting, Controller, etc.). Will include some or all of the responsibilities as defined. Performs financial analysis, establishes performance management budgeting, and forecasting activities to include variance analysis, trend identification, workforce planning drivers, risk and opportunities assessment and development of mitigation plans. Integrates information from multiple financial systems, processes and functions in order to consolidate the data forensics into actionable business solution recommendations. Timely and accurately consolidates financial results (Orders, Sales, EBIT, Cash, ROIC, Overhead, Discretionary Funding) and monthly, quarterly and year end reporting to internal and external customers to include government contractual cost and schedule earned value management reporting. Develops and utilizes forward-looking data analytics, visualization and trend analysis to inform financial strategy and decision making. Develops and provides actionable recommendations to key stakeholders to make sound financial and operating decisions. Maintains applicable internal and external (FAR, CAS, SEC, US GAAP) policy, procedure, and controls for compliance to support internal process and external regulatory requirements. Provides subject matter expertise support to proposal development, basis of estimate and negotiations, as required.
Basic Qualifications
• Bachelor's degree or higher from an accredited college
• Experience with SAP, Deltek, or similar business systems
Desired Skills
• Familiarity with contract and proposal processes, including various contract types (e.g., FPIF, CPIF, FFP)
• Experience with US Government reporting requirements (e.g., CPR, IPMR, CFSR)
• Knowledge of Earned Value (EV) applications and Federal Acquisition Regulation (FAR)/Defense Federal Acquisition Regulation (DFAR)
• Familiarity with financial planning and analysis, including budgeting and forecasting
• Familiarity with program management, including program execution and control
• Experience with process improvement
• Strong communication and project management skills
• Demonstrated leadership skills
• Ability to work in a fast-paced environment and prioritize multiple tasks and deadlines
Pay Information
Full-Time Salary Range: $59900.00 - $111300.00
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.
