About this Principal Budget Analyst role at Northrop Grumman
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.We are looking for you to join our team as a Principal Budget Analyst based out of Sunnyvale, CA. This is an onsite position that offers the 9/80 schedule.
What You Will Get to Do
The Principal Budget Analyst will lead manufacturing budgeting activities for the Factory Hourly overhead rate pool within the Marine Systems Division of the Mission Systems Sector.
Ideal candidate must be self-motivated and have strong interpersonal skills. Oral and written communication skills are very important factors to the successful execution of job responsibilities. Successful candidate will need very strong technical skills with Excel, analytical and organizational skills, and will need to feel confident interfacing with different levels of management (Directors and Managers).
This role is responsible for indirect cost estimation, utilization planning, cost allocation, tracking, and analysis. The analyst will work closely with the Various Manufacturing Process Area teams to develop monthly Indicated Finals (IF) and will prepare and present financial data to internal customers, including month-end actuals, variance analysis and forecasts.
The Principal Budget Analyst has responsibility for all aspects of financial administration and oversight for the rate pool, with specific focus on development of both near term and long-term strategy and analysis of alternatives.
Day-to-day responsibilities include:
- Evaluate processes across the Marine Systems Manufacturing with focus on standardization of best practices, processes, tools and procedures.
- Financial data collection, consolidation, interpretation, and analysis in an effort to maintain affordability and promote the predictability of future trends.
- Preparing financial plans and assessing impacts from major program awards on facility utilization and future needs.
- Preparing regular and special-purpose reports.
- Assessing impacts of organizational and operational changes to ensure impacts are properly evaluated and incorporated into budgets to ensure recoverability.
- Presenting results of analysis for evaluation to Director level staff.
- Preparing comparative evaluation of actual costs against budgeted funds and determining rationale for variances between costs and budget.
- Analyzing trends and review Actuals to Budgets monthly with budget owners; update forecast as needed.
- Providing financial oversight in the development and implementation of the Factory Hourly overhead rate and works closely with both manufacturing leadership and cost center managers.
Basic Qualifications
- Bachelor’s Degree and 5 years relevant experience or Master’s Degree and 3 years of relevant experience.
- 3 years’ experience in business operations.
- 3 years’ experience with SAP/ERP or similar systems.
- Experience using advance Microsoft Office Applications (Excel Pivot Tables, V-Lookups and analyzing large data sets).
- Experience creating and briefing presentations.
- Experience working with multiple business partners.
- US Citizenship is required.
Preferred Qualifications
- Understanding of government compliance.
- Knowledge of financial reporting and accounting principles.
- General Knowledge of overhead rate preparation and analysis.
- Prior operations experience.
- Prior budgeting head-count forecasting experience.