Northrop Grumman

Principal Financial Analyst

Northrop Grumman$94K — $141K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field with 5 years of related experience, or Master’s Degree with 3 years of related experience.
  • Consideration of 9 years of applied experience in lieu of a degree requirement.
  • Experience preparing financial data and performing financial analysis.
  • Strong understanding of government accounting.
  • Proficiency with MS Office Suite, specifically Excel, Word, and PowerPoint.
  • Experience with SAP.
  • Willingness and ability to travel domestically 10% of the time.

Responsibilities

  • Conducts variance analysis and provides recommendations for strategic focus.
  • Ensures compliance of overhead expenditures with financial goals and corporate guidance.
  • Processes journal entries, intercompany cost transfers, and accounts payable support.
  • Interfaces with program and business managers to support profitability goals.
  • Establishes relationships and maintains communication with stakeholders at all levels.
  • Encourages simplification of budgeting processes and improved data accuracy.
  • Leads cash and balance sheet activities for the division.

Benefits

  • Health Plan
  • Savings Plan
  • Paid Time Off
  • Education Assistance
  • Training and Development
  • Flexible work schedule with a 9/80 option where available
  • Comprehensive benefits package that supports growth and mutual success.
Full Job Description
RELOCATION ASSISTANCE: Relocation assistance may be available CLEARANCE REQUIRED FOR START: No CLEARANCE TYPE: None TRAVEL: Yes, 10% of the Time What You’ll Get to Do: This Principal Financial Analyst will support the Communications and Networks Solutions Business Unit as part of the Navigation, Intelligence & Connectivity Division. This professional will be responsible forthe consolidation and analysis of monthly financial reporting and forecasting; providing guidance on EAC and revenue recognition policies/procedures; coordination of monthly variance analysis, consolidation and review of annual operating plans; and coordinating monthly unbilled AR reviews. This role offers unique visibility and proximity to BU and Division leadership. Roles and responsibilities include, but are not limited to, the following: • Conducts variance analysis throughout the year and provides recommendations to BU leadership for areas of strategic focus • Ensures planned and actual overhead expenditures meet the financial goals and objectives of the organization while also complying with corporate guidance and federal regulations • Provides administrative support including but not limited to processing journal entries, intercompany cost transfers, and accounts payable support. • Interface with the program managers, functional management and business managers to provide financial support and analysis to meet the Business Units profitability goals • Fosters an environment of integrity, establishing relationships, and maintaining communication with stakeholders at all levels • Encourages a fast‑paced mindset (Acts with Speed) and seeks ways to simplify budgeting, improve data accuracy, and shorten cycle times. • Division lead for cash and balance sheet activities. • Monthly/quarterly forecasting, reporting, and analysis to include Income Statement and Balance Sheet activities • Annual Operating Plan (AOP) preparation and coordination • Reserve tracking and analysis • AR/DSR metrics reporting and analysis • AR billed/unbilled reviews and status • Various month-end entries related to NCR, RWA reclass, forward loss/reserve entries, etc. • CQ2 reporting • SOX activities • Support to quarterly EAC reviews/process as well as PPA processing • Other ad hoc duties as assigned Basic Qualifications • Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field with 5 years of related experience, or Master’s Degree as described with 3 years of related professional experience • Will consider 9 years of applied experience in lieu of degree requirement. • Experience preparing financial data and performing financial analysis • Strong understanding of government accounting • Proficiency with MS Office Suite, specifically Excel, Word, and PowerPoint • Experience with SAP • The willingness and ability to travel domestically 10% of the time. • US Citizenship is required. Preferred Qualifications: • Experience with Hyperion Planning, HFM, Access databases • Experience with Cognos • Experience with Tableau, Power BI and Advanced Microsoft Excel Skills • Ability to interface with multiple disciplines and varying levels of management • Experience with Aerospace & Defense rates and budgets. • Strong understanding of government accounting What We Can Offer You: Northrop Grumman provides a comprehensive benefits package and a work environment which encourages your growth and supports the mutual success of our people and our company. Northrop Grumman benefits give you the flexibility and control to choose the benefits that make the most sense for you and your family. Your benefits will include the following: Health Plan, Savings Plan, Paid Time Off and Additional Benefits including Education Assistance, Training and Development, 9/80 Work Schedule (where available), and much more! MSBSMG Primary Level Salary Range: $94,200.00 - $141,200.00 The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions. Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business. The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.

About Northrop Grumman

Northrop Grumman is a security company that provides systems, products, and solutions in aerospace, electronics, information systems, shipbuilding, and technical services to government and commercial customers. They design, develop, and build everything from aircraft and spacecraft to cyber security systems. The company is involved in a wide range of defense and technology projects, including the development of aircraft, space systems, cybersecurity solutions, and advanced electronics.

Northrop Grumman Careers

Join the elite team at Northrop Grumman, a leading global security company providing innovative systems, products, and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. There has never been a more exciting time to advance your career with Northrop Grumman.

Work You’ll Do

At Northrop Grumman, your work will redefine the edges of technology and create a safer future. Our culture thrives on intellectual curiosity, cognitive diversity, and bringing your whole self to work. Our team is at the forefront of innovation, collaborating to make the impossible, possible.

Explore Job Opportunities and Growth

Whether you’re looking for an internship, an entry-level position, or a spot for seasoned professionals, Northrop Grumman offers a variety of career paths that encourage growth and development. Explore job opportunities that elevate your skills, and push your career to the next level.

Join Our Diverse and Inclusive Team

Diversity and inclusion are the foundations of our culture. Northrop Grumman is committed to building a diverse team that fosters an inclusive environment, where every team member is valued for their unique perspectives and contributions. We believe that diversity fuels innovation.

Professional Development and Benefits

Northrop Grumman is dedicated to your professional and personal growth. We offer unparalleled benefits, including comprehensive health coverage, generous time off, and family care resources. Additionally, we provide extensive leadership and diversity training to help you craft your career path.

Networking and Leadership

Enhance your career through our robust networking opportunities. Connect with leaders and peers within Northrop Grumman through various events, mentorship programs, and professional groups. Our leadership is deeply invested in nurturing talent and guiding team members through their career journey.

Innovation in Technology

Drive technological breakthroughs with a company at the cutting edge of innovation. Northrop Grumman is a place where you can work on projects that push the boundaries of what is possible.

How to Apply

Ready to join our team? Check out the open positions on our Careers page. Tailor your resume to highlight your relevant skills and experiences. Prepare for your interview with us by researching our projects and understanding our company’s mission and values.

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Northrop Grumman Jobs

Discover the impact you can make with a career at Northrop Grumman. We are actively hiring and looking for passionate, curious, and solution-driven team players. Search Northrop Grumman jobs today and find where your expertise is needed most. Join Northrop Grumman, and be part of a team that is dedicated to making a difference, not only within the company but in the world at large. Your journey to building a rewarding career starts here.
Learn more about Northrop Grumman
Size
88,000 employees
Market Cap
$82.7 billion
Industry
Net Income
$3.1 billion
Founded
1939
5 Year Trend
+7.6%
Revenue
$36.7 billion
NASDAQ

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