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Budget Analyst - Level 5

Salary undisclosed

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Requisition ID: R10174791
  • Category: Business Management
  • Location: McLean, Virginia, United States of America
  • Clearance Type: None
  • Telecommute: Yes-May consider hybrid teleworking for this position
  • Shift: Not Applicable (United States of America)
  • Travel Required: Yes, 10% of the Time
  • Positions Available: 1
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 Space Systems is seeking a Budget Analyst - Level 5 to join our team of talented, diverse individuals. This position will support the ISM Rate Segment in Space sector and will be located in our McLean VA facility.

Roles and Responsibilities include, but are not limited to, the following:
  • Preparation and quality control of Forward Pricing rate proposal packages to ensure timely and accurate submittals to the Defense Contract Management Association (DCMA) and Defense Contract Audit Association (DCAA).
  • Preparing annual budgets and schedules in support of the Forward Pricing rate proposal packages and assessing risks and opportunities.
  • Preparation of monthly rate monitoring deliverable to DCMA/DCAA .
  • Preparing and supporting executive reviews of rate segment performance.
  • Performing frequent ad-hoc and what if analysis for senior leadership pertaining to forecasted changes in business performance, headcount, and changes in allocations.
  • Developing and maintaining financial models to assist with rate and budget management.
  • Building and maintaining positive working relationships with internal and external customers, notably DCMA and DCAA.
  • Supporting Forward Pricing Rate Proposal (FPRP) audit conducted by external auditors (DCMA/DCAA).
  • Supporting ERP system and tools updates/testing to ensure cost structure is in line with the Disclosure Statement and rate calculations.
  • Providing accounting related support for allocations, and quarterly and annual entries.
  • Collaborating with divisions to establish processes and reporting requirements for rate management.
  • Assisting in enforcing rates policies and procedures, ensuring rate segment compliance with internal SOX controls, and educate peers (both financial and non-financial) about compliance guidelines.
  • Supporting Disclosure Statement updates and ensuring consistency in Forward Pricing.
  • Assisting in year-end close activities and other duties/special projects as assigned.
  • Other duties and special projects as assigned.

As a full-time employee of Northrop Grumman Space Systems, you are eligible for our robust benefits package including:
  • Medical, Dental & Vision coverage
  • 401k
  • Educational Assistance
  • Life Insurance
  • Employee Assistance Programs & Work/Life Solutions
  • Paid Time Off
  • Health & Wellness Resources
  • Employee Discounts


This position's standard work schedule is a 9/80. The 9/80 schedule allows employees who work a nine-hour day Monday through Thursday to take every other Friday off.

Basic Qualifications:
  • Bachelor's degree with 12+ years of budget analysis/business management/finance related professional experience - OR - a Master's degree with 10+ years of budget analysis/business management/finance related professional experience.
  • Experience in conducting financial analysis in an operations environment and/or business management.
  • Experience with MS Office products (specifically Excel).
  • Experience with FAR Cost Principles and/or CAS.
  • Experience with financial forecasting and reporting.
  • ship is required.

Preferred Qualifications:
  • Working in a fast-paced, cross functional environment with keen attention to detail.
  • Working understanding of program elements-of-cost, labor, material, subcontracts, etc.
  • Working understanding of indirect pools and allocations.
  • Experience delivering analysis and presentations to management/executive leadership.
  • Experience using SAP, CostPoint and Cognos TM1.
Salary Range: $123,900 - $185,900
The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.
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 application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.
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. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
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