Full-Time

Budget Analyst

Level 3

Confirmed live in the last 24 hours

Northrop Grumman

Northrop Grumman

10,001+ employees

Aerospace and defense technology solutions provider

Cybersecurity
Aerospace
Defense

Compensation Overview

$80.6k - $121kAnnually

+ Bonus

Mid

No H1B Sponsorship

McLean, VA, USA

Position will be located in our McLean VA facility.

US Citizenship Required

Category
Budget Analysis
Financial Analysis
Accounting
Required Skills
Financial analysis
Requirements
  • Bachelor’s degree in Business/Finance/Accounting/Mathematics or related area with 5+ years of combined experience in Pricing/Finance/Contracts/Business - OR - a Master's degree with 3+ years of combined experience in Pricing/Finance/Contracts/Business.
  • Experience in conducting financial analysis in an operations environment and/or business management.
  • Experience with MS Office products (specifically Excel).
  • Experience with FAR Cost Principles and/or CAS.
  • Experience with financial forecasting and reporting.
  • US Citizenship is required.
Responsibilities
  • Assisting in the preparation of Forward Pricing rate proposal packages to ensure timely and accurate submittals to the Defense Contract Management Association (DCMA) and Defense Contract Audit Association (DCAA).
  • Assisting in preparing annual budgets and schedules in support of the Forward Pricing rate proposal packages and assessing risks and opportunities.
  • Assisting in preparation of monthly rate monitoring deliverable to DCMA/DCAA.
  • Assisting in preparation of executive reviews of rate segment performance.
  • Supporting month end activities which includes such items as reconciliation of actuals, analysis of budget/actuals, variance analysis, and other misc. associated accounting entries.
  • Supporting ERP system and tools updates/testing to ensure cost structure is in line with the Disclosure Statement and rate calculations.
  • Developing and maintaining financial models to assist with rate and budget management.
  • Supporting divisions with analysis and reporting for rate management.
  • Supporting regular ad hoc requests for detailed and what-if analysis.
  • Assisting in year-end activities and other duties/special projects as assigned.

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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