Budget Analyst
1 week ago
Northrop Grumman Space Systems is seeking a highly skilled Budget Analyst to join our team of talented professionals. This position will support the ISM Rate Segment in Space sector and will be located in our McLean VA facility.
Key Responsibilities:
- Prepare and quality control 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).
- Prepare annual budgets and schedules in support of the Forward Pricing rate proposal packages and assess risks and opportunities.
- Prepare monthly rate monitoring deliverable to DCMA/DCAA.
- Support executive reviews of rate segment performance.
- Perform frequent ad-hoc and what if analysis for senior leadership pertaining to forecasted changes in business performance, headcount, and changes in allocations.
- Develop and maintain financial models to assist with rate and budget management.
- Build and maintain positive working relationships with internal and external customers, notably DCMA and DCAA.
- Support Forward Pricing Rate Proposal (FPRP) audit conducted by external auditors (DCMA/DCAA).
- Support ERP system and tools updates/testing to ensure cost structure is in line with the Disclosure Statement and rate calculations.
- Provide accounting related support for allocations, and quarterly and annual entries.
- Collaborate with divisions to establish processes and reporting requirements for rate management.
- Assist in enforcing rates policies and procedures, ensuring rate segment compliance with internal SOX controls, and educate peers (both financial and non-financial) about compliance guidelines.
- Support Disclosure Statement updates and ensure consistency in Forward Pricing.
- Assist in year-end close activities and other duties/special projects as assigned.
Requirements:
- Bachelor's degree with 12+ years of budget analysis/business management/finance related professional experience - OR - a Master's degree with 10+ years of budget analysis/business management/finance related professional experience.
- 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.
Preferred Qualifications:
- Working in a fast-paced, cross functional environment with keen attention to detail.
- Working understanding of program elements-of-cost, labor, material, subcontracts, etc.
- Working understanding of indirect pools and allocations.
- Experience delivering analysis and presentations to management/executive leadership.
- Experience using SAP, CostPoint and Cognos TM1.
Salary Range: $123,900 - $185,900
Benefits:
- Medical, Dental & Vision coverage
- 401k
- Educational Assistance
- Life Insurance
- Employee Assistance Programs & Work/Life Solutions
- Paid Time Off
- Health & Wellness Resources
- Employee Discounts
Work Schedule: 9/80 schedule allows employees who work a nine-hour day Monday through Thursday to take every other Friday off.
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