Principal Budget Analyst
About The Position
The Principal Budget Analyst leads manufacturing budgeting activities for the Factory Hourly overhead rate pool within the Marine Systems Division of Northrop Grumman’s Mission Systems Sector. Based in Sunnyvale, California, this is an onsite position with a 9/80 schedule. The role is responsible for indirect cost estimation, utilization planning, cost allocation, tracking, and analysis. The analyst works with manufacturing process area teams to develop monthly Indicated Finals and prepares and presents financial information to internal customers, including month-end actuals, variance analysis, and forecasts. The position oversees financial administration of the rate pool, with an emphasis on near- and long-term strategy and analysis of alternatives. The successful candidate will have strong technical, analytical, organizational, communication, and interpersonal skills and be comfortable working with management at various levels.
Requirements
- Bachelor’s degree and 5 years of relevant experience, or a master’s degree and 3 years of relevant experience.
- At least 3 years of experience in business operations.
- At least 3 years of experience with SAP/ERP or similar systems.
- Experience with advanced Microsoft Office applications, including Excel Pivot Tables, V-Lookups, and analysis of large data sets.
- Experience creating and briefing presentations.
- Experience working with multiple business partners.
- U.S. citizenship is required.
- Strong oral and written communication, analytical, organizational, interpersonal, and technical skills.
Nice To Haves
- Understanding of government compliance.
- Knowledge of financial reporting and accounting principles.
- General knowledge of overhead rate preparation and analysis.
- Prior operations experience.
- Prior budgeting and head-count forecasting experience.
Responsibilities
- Evaluate processes across Marine Systems Manufacturing, focusing on standardizing best practices, processes, tools, and procedures.
- Collect, consolidate, interpret, and analyze financial data to maintain affordability and improve predictability of future trends.
- Prepare financial plans and assess how major program awards affect facility utilization and future needs.
- Prepare regular and special-purpose reports.
- Assess the budget impacts of organizational and operational changes and ensure they are evaluated and incorporated to support cost recoverability.
- Present analysis results to Director-level staff.
- Compare actual costs with budgeted funds and determine the reasons for variances.
- Analyze trends and review monthly actuals against budgets with budget owners; update forecasts as needed.
- Provide financial oversight for development and implementation of the Factory Hourly overhead rate, working with manufacturing leadership and cost center managers.
- Work with manufacturing process area teams to develop monthly Indicated Finals and prepare and present month-end actuals, variance analysis, and forecasts.
Benefits
- Relocation assistance may be available.
- Health insurance coverage.
- Life and disability insurance.
- Savings plan.
- Company-paid holidays.
- Paid time off for vacation and/or personal business.
- Employees may be eligible for overtime, shift differential, and a discretionary bonus, depending on the position.
- Annual bonuses are designed to reward individual contributions and allow employees to share in company results.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
