Cost Analyst or Principal Cost Analyst (Level 2 or 3) (TS and/or SCI Required to Start) Redondo Beach, CA Redondo Beach, CA
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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.

Embark on a career putting innovative, reliable, and agile products and ideas into orbit, and beyond. Northrop Grumman has opportunities waiting for you that play a vital role in human space exploration, national defense, and scientific discovery, supporting multiple programs across the universe. With us, you'll discover a culture of curiosity and collaboration that will have you Defining Possible from the day you start. Our space systems connect and protect millions of people on earth every day, now and for the future. Explore your future and launch your career today.

Northrop Grumman's Strategic Space Systems Division (SSSD) is an industry-leading provider satellite payloads and directed energy solutions for national security, military, and human exploration missions. We are built on a strong heritage of innovative, innovative, affordable, and reliable aerospace and defense products our customers and nation rely on our team to achieve mission success. Join the Space revolution and make the impossible, possible.

SSSD has an opening for a Cost Analyst or Principal Cost Analyst (Level 2 or 3) on a growing cost team within the Advanced Mission Systems (AMS) Business Unit (BU). The cost analyst will report to the Manager of the Enhancements CLINs and will be responsible for supporting program level reporting and analysis to meet internal and external requirements. In addition, the analyst will regularly interface with varying levels of leadership across multiple functions including program management, pricing, contracts, and security to effectively manage cost activity. The candidate is expected to be a highly collaborative, detail oriented, and proactive individual looking to expand their knowledge of business management.

This position requires a Department of Defense (DoD) active Top Secret (TS) security clearance or access to Special Compartmentalized Information (SCI).

Responsibilities include but are not limited to:

  • Apply Earned Value Management (EVM) and performance measurement baseline concepts to multiple contracts, CLINs, and control accounts

  • EVM tasks include the establishment of Work Breakdown Structure for execution of budgeted cost of work scheduled, assessment and maintenance of objective performance criteria, maintenance of estimate at completion, and support to internal and external reporting requirements for variance analysis

  • Assist in preparation and submittal of monthly CDRLs such as CPR/IPMR, variance analysis, and CFSR

  • Monitor and report on program funding to ensure that limits are not exceeded; partner with Contracts to communicate timely and accurate funding needs to customer

  • Perform funding analysis and risk assessment across CLINs to support development of realistic program commitment profile

  • Maintain accurate Estimate at Complete (EAC) for Program Office scope

  • Monitor and forecast monthly billings in coordination with Finance

  • Incorporate contractual changes into cost control systems timely by staying aware of pending contractual actions against each CLIN to maintain realistic cost baselines

  • Pro-actively communicate with leadership regarding financial status, metrics, and deliverables

  • Collaborative work style: ability to interface with different functions and levels of leadership

  • Operate in a dynamic environment with competing priorities, while maintaining attention to detail with minimal supervision

This role can be filled at either a Cost Analyst (Level 2) or Principal Cost Analyst (Level 3) as outlined below. Basic qualifications must be met.

Basic Qualifications (Level 2):

  • Active TS Clearance and/or SCI Access

  • Bachelor's Degree with 3 years' experience in Accounting, Business, Finance, Economics, Cost Control OR a Master's Degree with 1 years of stated experience

  • High proficiency with MS Office tools, especially Excel

Basic Qualifications (Level 3):

  • Active TS Clearance and/or SCI Access

  • Bachelor's Degree with 6 years' experience in and combination of Accounting, Business, Finance, Economics, Cost Control OR a Master's Degree with 4 years of stated experience

  • High proficiency with MS Office tools, especially Excel

Preferred Qualifications:

  • Experience with Earned Value Management (EVM)

  • Experience with Northrop Grumman Space Systems cost reporting tools (SAP, BW, COBRA/MPM)

  • Prior experience in the aerospace & defense industry

  • Analytical; makes recommendations using acquired data and experience

  • Detail and results oriented; ability to deliver timely and accurate results under time sensitive conditions

  • Excellent organizational and prioritization skills

  • Understanding of government cost accounting standards

  • Experience with financial analysis, billing, AP/AR research

Northrop Grumman offers a competitive and robust benefits program. As a full-time employee of Northrop Grumman, you are eligible for:

  • Medical, Dental & Vision coverage

  • 401k

  • Educational Assistance

  • Life Insurance

  • Employee Assistance Programs & Work/Life Solutions

  • Paid Time Off

  • Health & Wellness Resources

  • Employee Discounts

  • Flexible Schedules: For example the ability to work a 9/80 work schedule, which allows an employee to work a nine-hour day Monday through Thursday and take every other Friday off of work

For more details, please view Northrop Grumman Benefits .

Salary Range: $70,200 - $105,200

Salary Range 2: $86,300 - $129,500

Employees may be eligible for 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 health and safety of our employees and their families is a top priority . The company encourages employees to remain up-to-date on their COVID-19 vaccinations. U.S. Northrop Grumman employees may be required, in the future, to be vaccinated or have an approved disability/medical or religious accommodation, pursuant to future court decisions and/or government action on the currently stayed federal contractor vaccine mandate under Executive Order 14042 https://www.saferfederalworkforce.gov/contractors/ .

Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action 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/AA and Pay Transparency statement, please visit http://www.northropgrumman.com/EEO . U.S. Citizenship is required for most positions.

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