Full-Time

Accounting Director

Level 1

Posted on 11/4/2024

Northrop Grumman

Northrop Grumman

10,001+ employees

Aerospace and defense technology solutions provider

Cybersecurity
Aerospace
Defense

Compensation Overview

$173.3k - $259.9kAnnually

+ Bonus + Long Term Incentives

Senior

No H1B Sponsorship

McLean, VA, USA

Relocation assistance may be available.

US Citizenship, US Top Secret Clearance Required

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
SAP Products
Requirements
  • Bachelor’s degree with 10+ years of professional experience in Accounting, Business Management and Finance including people management experience – OR – Master’s degree with 8+ years of professional experience in Accounting, Business Management and Finance including people management experience.
  • Certified Public Accountant (CPA).
  • Experience in financial accounting and reporting.
  • Skilled in the use of MS Office Suite, SAP, Hyperion and Costpoint.
  • Experience presenting financial data to executive leadership.
  • Demonstrated success in developing and leading functional and cross-functional teams.
  • Excellent oral and written communication skills.
  • US Citizenship is a prerequisite.
  • Must have the ability to obtain and maintain a U.S. Government DoD Secret security clearance.
Responsibilities
  • Lead completion of month end financial reporting close activities for the Space Sector.
  • Perform and review analysis over monthly financial statements and reporting results to senior leadership.
  • Review quarterly financial information used to create the Company’s 10-Q, 10-K, and earnings releases.
  • Lead the SOX team and related sector SOX PMO requirements, processes, and controls.
  • Oversee the technical accounting organization and conclude on application of accounting standards to complex business transactions.
  • Provide guidance on revenue recognition accounting under ASC606, review estimates at completion (EAC), and quarterly earnings adjustments.
  • Provide guidance to divisions and business units to ensure reporting compliance.
  • Interface with financial shared services to support appropriate transactional accounting.
  • Participate with Corporate Financial Reporting and Accounting Consultation groups on existing and emerging financial accounting and reporting requirements to ensure sector alignment.
  • Provide Master Process Ownership of critical financial reporting SOX controls.
  • Develop, coach, and evaluate a team of direct reports, providing on-the-job training, prioritization of tasks, promote the free exchange of ideas, and foster a team environment.
  • Provide reporting input and support for business systems, including Costpoint, SAP and Hyperion, including thought leadership for business system upgrades.
  • Support leadership team with ad hoc requests, including opportunities for cross functional collaboration within the organization.
  • Prepare executive briefings and present to senior leadership.

Northrop Grumman provides advanced aerospace and defense technology solutions, focusing on areas such as autonomous systems, cybersecurity, and space operations. The company develops and manufactures systems that integrate various technologies to meet the needs of government and commercial clients. Its products include systems for command and control, intelligence, surveillance, and reconnaissance, among others. Northrop Grumman stands out from competitors by securing long-term contracts with government clients, which ensures a steady revenue stream and allows for significant investment in research and development. The company's goal is to maintain its leadership position in the aerospace and defense market through continuous innovation and by delivering comprehensive solutions that meet the evolving needs of its customers.

Company Stage

IPO

Total Funding

$192.2M

Headquarters

Falls Church, Virginia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Northrop Grumman's continuous innovation, exemplified by the Jackal missile and M230LF chain gun, positions it as a leader in cutting-edge defense technology.
  • The company's long-term contracts with government clients ensure a steady revenue stream and financial stability.
  • Significant investments in R&D and partnerships, such as the ammunition production line in Lithuania, offer growth opportunities and market expansion.

What critics are saying

  • The competitive bidding process for government contracts can lead to revenue volatility if Northrop Grumman fails to secure key deals.
  • Dependence on government contracts makes the company vulnerable to changes in defense budgets and political priorities.

What makes Northrop Grumman unique

  • Northrop Grumman's focus on advanced autonomous systems and AI capabilities, such as the FAAD ABM, sets it apart in the defense sector by enhancing real-time decision-making for warfighters.
  • The company's diversified revenue streams across Aerospace Systems, Mission Systems, and Technology Services provide stability and resilience against market fluctuations.
  • Northrop Grumman's strategic partnerships, like the one with Lithuania for ammunition production, expand its global footprint and strengthen international alliances.

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