Associate Business Management Analyst

Posted:
10/15/2024, 6:46:37 AM

Location(s):
Maryland, United States ⋅ Baltimore, Maryland, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Business & Strategy

RELOCATION ASSISTANCE: No relocation assistance available

CLEARANCE TYPE: None

TRAVEL: Yes, 10% of the Time

Description

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.

Job Description

At the heart of Defining Possible is our commitment to missions. In rapidly changing global security environments, Northrop Grumman brings informed insights and software-secure technology to enable strategic planning. We’re looking for innovators who can help us keep building on our wide portfolio of secure, affordable, integrated, and multi-domain systems and technologies that fuel those missions. By joining in our shared mission, we’ll support yours of expanding your personal network and developing skills, whether you are new to the field, or an industry thought leader. At Northrop Grumman, you’ll have the resources, support, and team to do some of the best work of your career. Northrop Grumman is seeking experienced and motivated professionals for the various entry level roles in Business Management as part of this Profile Requisition. Roles include Program Control Analysts (PCA), Pricing Analysts, Budget Analysts, Facilities Budget Analyst, Rates Analysts, and Financial Analysts.

We are looking for you to join our team as an Associate Business Management Analyst based out of Maryland. Flexible work arrangements may be available for this role depending upon identified business needs.

What You’ll get to Do:

The Associate Business Management Analyst will interface with Program Managers, Control Account Managers (CAM), and Business Managers to provide financial analysis on program performance. As part of this role the selected candidate will analyze cost data to prepare program financial reports for internal and external customers relative to program cost incurrence, material tracking and labor expenses to help ensure program contracts perform within negotiated parameters. This role will work cooperatively with business, functional, and technical staff to support cost estimate development, invoicing, customer proposals, negotiations, and various audits. This role will forecast financial statements (Income Statement and Balance Sheet), the Annual Operating Plan (AOP), and the Labor Resource Plan for their program. The Associate Business Management Analyst supports identification and mitigation of program cost and schedule risks. 

Roles and responsibilities could encompass the following and vary slightly depending on specific position, program, or business unit to which you are assigned:

  • Generate program performance measurement baselines (PMB) and implement approved changes
  • Perform analyses and prepare reports to ensure program contracts are within negotiated, agreed-upon parameters, government cost control guidelines, and accounting guidelines
  • Perform analyses and prepare program financial reports for internal and external customers relative to program cost incurrence, material tracking, and labor spending
  • Identify and mitigate program cost and schedule risk 
  • Coordinate and prepare program financial forecasting and reporting, the Annual Operating Plan (AOP), and the Labor Resource Plan
  • Facilitate, monitor, and forecast program financing mechanisms including Accounts Receivable, Advanced Payments, and Performance Based Payments
  • Support program audits, reviews, and fact-finding as requested by program customers, audit agencies, and company management
  • Support program cost estimate development, customer proposals, and negotiation
  • Perform Earned Value Management (EVM) tasks including developing the Work Breakdown Structure (WBS) and performance measurement baseline (PMB), monitoring and analyzing the Estimate to Complete (ETC), Estimate at Complete (EAC), significant variances, risk management reserve (MR), and financial reserve (FR), and preparing of internal and external status reports
  • Work cooperatively with the business, functional, and technical staff to address internal and external customer requests

Basic Qualifications:

  • Bachelor’s degree in Business Administration (Accounting, Data Analytics, Economics, Finance, Management, Marketing, etc.) or Business adjacent degree (Mathematics, Risk Management) from an accredited institution with a minimum of 1 years of relevant financial work experience OR a Master's degree in business administration (Accounting, Data Analytics, Economics, Finance, Management, Marketing, etc.) or Business adjacent degree (Mathematics, Risk Management) from an accredited institution with a minimum of 0 years of relevant financial work experience.
  • 1 year understanding of Government Contractual and Finance Compliance
  • 1 year experience in MS Office Suite, specifically in Microsoft Excel (pivot tables, lookups, chart generation or VBA macros.)
  • Ability to obtain and maintain a DoD security clearance.
  • Current US Citizenship Required

Preferred Qualifications:

  • 1 year SAP Experience or similar ERP software
  • 1 year understanding of budgets, rates and forecasting
  • 1 year understanding of Earned Value Management customer reporting, MPM, or COBRA experience.
  • 1 year of professional experience in a regulated industry such as Aerospace & Defense, Insurance, Financial Services, or Telecommunications.

What We Can Offer You

Northrop Grumman provides a comprehensive benefits package and a work environment which encourages your growth and supports the mutual success of our people and our company. Northrop Grumman benefits give you the flexibility and control to choose the benefits that make the most sense for you and your family.   

Your benefits will include the following:  Health Plan, Savings Plan, Paid Time Off and Additional Benefits including Education Assistance, Training and Development, 9/80 Work Schedule (where available), and much more!

MSBSMG

Salary Range: $56,900.00 - $85,300.00

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 http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.