Principal/Sr Principal Technical Accounting Analyst

RELOCATION ASSISTANCE: No relocation assistance available

CLEARANCE TYPE: NoneTRAVEL: Yes, 10% of the Time

Description

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.

Northrop Grumman Defense Systems sector (NGDS) is currently seeking a Principal Technical Accounting Analyst or Senior Principal Technical Accounting Analyst to join our growing team of diverse professionals at our sector headquarters in McLean, Virginia. The selected candidate will become a part of our Sector Headquarters Technical Accounting team.

This position will report to the Manager of Technical Accounting and perform technical GAAP accounting, research, and other financial analysis as required. This high impact and high visibility role will work closely with the Sector’s division business management and Sector leadership team.

Position Responsibilities and duties include:

• Provide on-call technical accounting guidance

• Support contract Estimate at Completion (EAC) reviews.

• Review revenue recognition checklists, conclude on treatment and provide guidance on application of ASC 606

• Research and analyze application of accounting standards to complex business transactions

• Draft accounting position papers and summarize technical accounting issues and application of accounting guidance to the company, including relevant alternatives and recommendations

• Prepare presentations of accounting treatment with recommendations for sector finance leadership

• Update sector accounting policies for new accounting pronouncements and other changes

• Prepare and present sector accounting policy training on an as-needed basis

• Perform miscellaneous financial analysis, as needed

• Track key accounting items and communicate impact to sector leadership

• Serve as ASC 842 Lease Accounting subject matter expert to review routine and non-routine lease transactions

This requisition may be filled at either a Principal Technical Accounting Analyst (Level 3) or a Sr Principal Technical Accounting Analyst (Level 4). 

Basic Qualifications:

Principal Technical Accounting Analyst

• Must have one of the following:

  • Bachelor’s degree in accounting or related field with a minimum of 5 years of relevant work experience

  • Master’s degree in accounting or related field with a minimum of 3 years of relevant work experience

• CPA

• Recent Big 4 or recognized public accounting firm audit experience

• The ability to work on-site in McLean, Virginia

• The ability to travel as needed (up to 10% of the time)

Sr Principal Technical Accounting Analyst

• Must have one of the following:

  • Bachelor’s degree in accounting or related field with a minimum of 8 years of relevant work experience

  • Master’s degree in accounting or related field with a minimum of 6 years of relevant work experience

• CPA

• Recent Big 4 or recognized public accounting firm audit experience

• The ability to work on-site in McLean, Virginia

• The ability to travel as needed (up to 10% of the time)

Preferred Qualifications:

• Strong GAAP accounting proficiency and research experience

• Self-motivated, yet functions well in a team environment

• Excellent oral and written communication skills

• Experience with SAP and/or HFM

• SEC reporting experience 

• Experience communicating with executives

• Prior experience in the Aerospace & Defense industry

• Strong project management skills

**CPA will be weighed as 1 additional year of experience**

**Directly relevant Public Accounting may account for an additional year of experience for each year of relevant experience**

Salary Range: $91,200.00 - $136,800.00Salary Range 2: $113,500.00 - $170,300.00The 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.Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO/AA and Pay Transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.