Full-Time

Principal Accountant

Posted on 12/20/2024

Northrop Grumman

Northrop Grumman

10,001+ employees

Aerospace and defense technology solutions provider

Cybersecurity
Aerospace
Defense

Compensation Overview

$79.1k - $118.7kAnnually

+ Bonus

Senior

Irving, TX, USA

Eligible candidates must be located near Northrop Grumman's Irving, TX.

US Citizenship Required

Category
Financial Accounting
Tax Accounting
Payroll Accounting
Accounting
Required Skills
Financial analysis

You match the following Northrop Grumman's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 6 Years of experience with Bachelor’s degree in Finance, Accounting or related field OR 4 Years of experience with Master’s degree in Finance, Accounting or related field OR 8+ years of experience in Finance, Accounting or related field
  • Fundamental Payroll Certification (FPC) [1 year completion requirement]
  • Certified Payroll Professional Certification (CPP) [18 months after obtaining FPC requirement]
  • 4 years of payroll tax experience
Responsibilities
  • Applies principles of accounting to analyze financial information and prepare financial reports
  • Maintains or oversees the control of accounts and records in such areas as disbursements, expenses, tax payments, and income
  • Compiles and analyzes financial information to record transactions, prepare reports, and review and verify accuracy.
  • Amending Federal Tax returns as assigned
  • Amending State Income tax returns as assigned
  • Amend State Unemployment returns as assigned
  • Amend Local returns as assigned
  • Submitting W-2 corrections to federal and state entities and filing amended returns
  • Applying for state and unemployment withholding account by legal entity as needed
  • Ensuring compliance for timely and accurate reporting of all payroll taxes.
  • Assisting in maintaining the federal, state and local quarterly payroll deductions to tax payment reconciliations
  • Creating and filing the employee and employer federal, state and local payroll tax reporting and payments for amendments as filed
  • Tracking refunds based on amendments filed
  • Coding returned checks for deposit and GL postings
  • Maintaining changes in unemployment rates on ADP Smart Compliance
  • Maintaining states by entity information on ADP Smart Compliance
  • Reporting headcount to the Federal and State departments of labor
  • Responding to federal and state tax and wage inquiries
  • Researching and responding to Case workflow email notices for employee work and home address combinations
  • Reconciling tax reporting and payments made throughout the calendar year to the W-2 file
  • Assisting with the Analyzing merger, divestiture and acquisition activity, for tax entity impacts and implementing resulting actions as needed
  • Assisting with the reconciling of tax accounts with Payroll Tax Accounting personnel and ability to analyze and take correction actions as necessary.
  • Payroll tax electronic and paper record retention according to company and department policy, including filing.
  • Assisting with International tax filings and research as needed
Desired Qualifications
  • 6 years of relevant experience with Bachelor’s degree in Finance, Accounting or related field with OR 4 years of relevant experience with Master’s degree in Finance, Accounting or related field
  • CPP certification

Northrop Grumman provides advanced aerospace and defense technology solutions, focusing on areas such as autonomous systems, cybersecurity, and space operations. The company develops and integrates complex systems that support government and commercial clients, particularly the U.S. Department of Defense and international allies. Its products and services include systems for command and control, intelligence, surveillance, and reconnaissance (C4ISR), as well as logistics and modernization solutions. Northrop Grumman differentiates itself from competitors through its extensive research and development efforts and a strong track record in securing long-term contracts, which provide a stable revenue stream. The company's goal is to maintain its leadership position in the aerospace and defense market by continuously innovating and delivering comprehensive solutions that meet the evolving needs of its clients.

Company Stage

IPO

Total Funding

$192.2M

Headquarters

Falls Church, Virginia

Founded

1939

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for autonomous systems boosts Northrop Grumman's innovation in unmanned vehicles.
  • The U.S. DoD's budget rise for missile defense aligns with Northrop's interceptor production.
  • Digital transformation in defense is supported by Northrop's adoption of Planisware Enterprise.

What critics are saying

  • International competitors like BAE Systems are expanding in the U.S. defense market.
  • Supply chain issues may delay the B-21 Raider program, affecting contract deadlines.
  • Government demand for enhanced cybersecurity could raise operational costs for Northrop Grumman.

What makes Northrop Grumman unique

  • Northrop Grumman excels in autonomous systems, like the Manta-Ray drone for the U.S. Navy.
  • The company integrates AI in C4ISR systems, enhancing real-time data processing capabilities.
  • Northrop Grumman's Mission Robotic Vehicle targets the growing space-based defense systems market.

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Benefits

Health Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

Relocation Assistance

Performance Bonus

INACTIVE