We Hire America Jobs

Mobile We Hire America Logo
WeHireAmerica.jobs is a service of HR Policy Foundation and DirectEmployers Association. These two non-profit organizations are providing this free resource to help educators, policy makers and job seekers understand the great employment opportunities available here in the U.S. at some of America's biggest and best companies.

Job Information

Northrop Grumman Principal/Senior Principal Budget Analyst in Linthicum, Maryland

Northrop Grumman Mission Systems Sector is seeking a Budget Analyst to support the Material Rates and Budget organization. This position is located in Linthicum, MD.

Roles and Responsibilities of the Material Budget Analyst include, but are not limited to, the following:

  • Prepare annual Material Budgets (Labor and Other Indirect Cost) and assess risk and opportunities

  • Interface with other rates segments to understand how material budget inputs impact other areas

  • Analyze trends and review Actuals to Budgets monthly with budget owners; update forecast as needed

  • Monthly budget reporting

  • Prepare comparative evaluation of actual costs against budgeted funds and determine rationale for variances between costs and budget

  • Input budget forecast into Cognos tool

  • Rates are reviewed by the Sector CFO, Sector Controller, R&B Director and GSC VP

  • Monitor compliance of financial policies, interpret policies for non-routine activities, and recommend policy changes to address potential risk areas

  • Submit correction entries to Accounting as needed

  • Set up of IWOs and networks for projects as needed

  • Other duties and special projects as assigned

The position will provide financial oversight in the development and implementation of material rates and budgets and works closely with both GSC management.


This requisition may be filled at a higher level based on the qualifications below.

Basic Qualifications for a Principal:

Bachelor's degree with 6 years of related experience or a Master's degree with 4 years of related experience.

Basic Qualifications for a Senior Principal:

Bachelor's degree with 10 years of related experience or a Master's degree with 8 years of related experience.

Basic Qualifications for both levels:

  • Prior related experience with financial analysis and/or reporting.

  • Proficiency in Microsoft Office suite of tools/applications, specifically Excel

  • Willingness and ability to travel domestically up to 25% of the time.

  • US Citizenship is required.

Preferred Qualifications for both levels:

  • Bachelor's or higher in Finance, Economics, Accounting, Business Administration, or related field

  • Defense Industry experience

  • Experience preparing and presenting complex financial analysis to management.

  • Experience with consolidation of large data sets into easy to read charts

  • Experience with TM1 Cognos and SAP

  • Experience with budget to actual reporting and forecasting

  • Familiarity with FAR/DFAR

  • Prior rates and budgets experience

  • Experience working successfully in both a team setting and independently

  • Ability to quickly master unfamiliar information and interpret trends

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 www.northropgrumman.com/EEO . U.S. Citizenship is required for most positions.

Job Category : Business Management