Senior Principal Budget Analyst

RELOCATION ASSISTANCE: Relocation assistance may be available
CLEARANCE REQUIRED FOR START: No
CLEARANCE TYPE: Secret
TRAVEL: 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 Aeronautics Systems has an opening for a Senior Principal Budget Analyst to join our team of qualified, diverse individuals. This position will be located in El Segundo, CA and enjoy our 9/80 schedule that allows for employees to have every other Friday off.

The Senior Principal Budget Analyst will be responsible for forming, analyzing, and managing specialized budgets, indirect rates, and overhead structures while ensuring compliance with FAR/DFARS and alignment with corporate objectives. This role provides advanced financial analysis, forecasting, and reporting support for Budgets, Rates, and Overhead Management, including monthly reviews of allocations, actual rates, and incurred costs against FPRP/FPRA expectations, audit support, and preparation of findings and recommendations for management. The position also compiles and analyzes data from multiple systems, develops and coordinates allocation methodologies and bases with business units, and assists in developing indirect budgets, allocations, and overhead rates. In addition to supporting day-to-day budget and rate activities, this role contributes strategically to overhead planning, allocation accuracy, business unit forecasting, and special projects.

Responsibilities include, but not limited to:

• Development of AS indirect rates through modeling, innovation, and execution of cost accounting methodologies
• Provide monthly review and analysis of the actual rates and cost incurred versus forecasts and provide variance explanations to the leadership team.
• Provide reports and financial forecasting support for Budgets, Rates, and Overhead Management
• Pull data from financial systems to support audit requests, monthly financial reports, fact-finding, and negotiation discussions related to the Forward Pricing Rate Proposal (FPRP) and other Sector audits
• Interface with accounting and corporate office to provide monthly assessments
• Support all activities related to Budgets, Rates, and Overhead Management
• Metrics:
  • DLR Tracking by Program and Division
  • DLR Planning by Program and Division to track performance to FPRA

Basic Qualifications for Senior Principal Budget Analyst (Level 4):

• Bachelor's degree with 8 years of related experience within Finance, Accounting, Budgeting, and/or Business management responsibilities, or a Master's degree with 6years of stated experience
• Requires intermediate to advanced understanding of Microsoft Excel and PowerPoint
• Must have the ability to obtain and maintain a US Government Secret Clearance.

Preferred Qualifications:

• Degree in Finance, Accounting, Economics, or Business-related discipline
• Experience with Financial and Business systems (COGNOS, SAP)
• Advanced knowledge of Microsoft Office Suite
• Expertise in financial analysis and financial forecasting in the Aerospace and Defense industry
• Candidate has the ability to identify issues and problems and make recommendations to management for resolution or mitigation
• Active US Government Secret Clearance
• Knowledge of EVMS/FAR/DFARS

Primary Level Salary Range: $106,800.00 - $160,200.00
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.
Northrop Grumman is an Equal Opportunity 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 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.