Director 2 Strategic Cost Management
About The Position
Northrop Grumman is seeking a Director of Strategic Cost Management for its Falls Church, Virginia location. Candidates will need to be within commuting distance of Falls Church to allow for periodic meetings to our Corporate headquarters. This role will allow for some telecommuting if candidates are within commutable distance to Falls Church. This leader will create a Cost Management Office that is responsible for establishing a clear, disciplined path to improving efficiency while enabling continued investment in the company’s most critical priorities. The Cost Management Office will be focused on improving affordability, strengthening competitiveness, and ensuring sustained investment in mission-critical programs and future capabilities. Reporting to the Vice President of Strategic Cost Management and Operations, this role will partner with leaders across the business to identify, quantify, and realize cost‑saving opportunities with a focus on cost transparency, resource allocation, and functional accountability.
Requirements
- Bachelor’s degree in Finance, Accounting, Business Management and a minimum of 15 years of financial leadership experience.
- Prior experience leading enterprise strategic cost management programs.
- Ability and experience in navigating cross functionally.
- Understanding of business process and systems and their impact on cost structure.
- Some travel is required (10-25%).
- US Citizenship and the ability to obtain a DoD clearance in a reasonable amount of time following hire.
Nice To Haves
- Creative thinking to solve resource challenges for large programs or products.
- Comfortable making recommendations that have broad organizational impacts.
- Experience managing supplier relationships
Responsibilities
- Develop and execute a multi‑year cost‑reduction/elimination roadmap aligned with enterprise financial targets.
- Identify high‑impact cost‑saving initiatives and prioritize based on ROI and risk.
- Partner with leaders across the enterprise to translate cost‑optimization concepts into actionable solutions, including common technologies.
- Drive efficiency in organization structure and layers.
- Partner with Global Supply Chain to optimize supplier productivity.
- Provide enterprise-wide cost transparency (by function, activity, and unit cost) to enable decision making.
- Define a comprehensive set of financial and operational metrics to benchmark spend and identify opportunities for cost efficiency.
- Establish a continuous‑monitoring framework to capture realized savings, track cost trends, and forecast future spend.
- Serve as the primary liaison between Corporation and Sector leaders to facilitate data‑driven decision‑making and implement common processes and tools to track cost.
- Prepare executive‑level presentations, financial models, and business cases for cost‑optimization initiatives.
- Maintain a transparent repository of cost‑saving initiatives, assumptions, and outcomes accessible to senior leadership.
- Provide recurring status updates on cost reduction initiatives to Corporate and Sector leaders.
Benefits
- health insurance coverage
- life and disability insurance
- savings plan
- Company paid holidays
- paid time off (PTO) for vacation and/or personal business
- overtime
- shift differential
- discretionary bonus
- Annual bonuses
- Long Term Incentives
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What This Job Offers
Job Type
Full-time
Career Level
Director
