Job Description

Standard Job Description

Performs one or more multiple financial activities within various finance job functions (FP&A, Overhead, Program Finance, Accounting, Controller, etc.). Will include some or all of the responsibilities as defined. Performs financial analysis, establishes performance management budgeting, and forecasting activities to include variance analysis, trend identification, workforce planning drivers, risk and opportunities assessment and development of mitigation plans. Integrates information from multiple financial systems, processes and functions in order to consolidate the data forensics into actionable business solution recommendations. Timely and accurately consolidates financial results (Orders, Sales, EBIT, Cash, ROIC, Overhead, Discretionary Funding) and monthly, quarterly and year end reporting to internal and external customers to include government contractual cost and schedule earned value management reporting. Develops and utilizes forward-looking data analytics, visualization and trend analysis to inform financial strategy and decision making. Develops and provides actionable recommendations to key stakeholders to make sound financial and operating decisions. Maintains applicable internal and external (FAR, CAS, SEC, US GAAP) policy, procedure, and controls for compliance to support internal process and external regulatory requirements. Provides subject matter expertise support to proposal development, basis of estimate and negotiations, as required.

This position will report to the F-35 Production Sr. Business Manager and will be responsible for performing financial and funding analysis on assigned contracts. The selected individual will influence the development of proposal and negotiation strategies with a business and financial focus that includes cost risks, ROS commitment, target profit rates, execution, and overall financial performance. This position will also support the execution of the Production portfolio from a business perspective by placing emphasis on achievement of program business and financial goals for assigned contracts. Additional responsibilities for assigned F-35 Production contracts includes establishment of a compliant budget baseline, review and analysis of program EACs, and preparation of monthly/quarterly financial Change In Position charts. This position will support Program Management and other members of the F-35 Business and Program team by providing sound business guidance, supporting financial reporting requirements to internal and external customers, providing cost assessment impacts, and conducting root cause analysis. This position will coordinate and partner with FP&A to ensure accurate Orders, Sales, EBIT and Cash reporting and will assist in the development of the F-35 Production Long Range Plan (LRP). The successful candidate will require a broad understanding of Business Management competencies including Financial Planning (Orders, Sales, EBIT and Cash analysis and reporting), Program Finance, Contracts, and Estimating. This position will be required to extract and summarize large volumes of financial information from in-house business systems such as COBRA, SAP, and Electronic Contracting System (ECE).

Basic Qualifications

• Bachelor’s degree or higher from an accredited college
• Strong Analytical experience and Problem Solving experience with attention to detail and reporting accuracy
• Experience working effectively as an individual contributor and as part of a team
• Experience with enterprise-level cost management tools

Desired Skills

• Bachelor’s degree or higher with 10 years or more of professional experience
• Experience in creating and managing Budget Targets
• Ability to identify and calculate drivers of program profitability
• DoD customer interaction experience
• Proven experience in digital analytics and data automation
• Experience with Contract Status Review (CSR) process
• Experience with Earned Value (EV) application and implementation
• Experience with US Government reporting requirements (i.e. Cost Performance Reports (CPR), Integrated Program Management Report (IPMR), Contract Funds Status Reports (CFSR), etc.)
• Familiar with Funding processes and procedures including customer notifications
• Understanding of Financial Planning and Analysis (LRP/OSEC)

Pay Information

Full-Time Salary Range: $89100.00 - $165500.00

At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.

Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.

• Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
• For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.