Material Accountant

Posted:
8/7/2024, 5:00:00 PM

Location(s):
Florida, United States ⋅ El Segundo, California, United States ⋅ Melbourne, Florida, United States ⋅ California, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Accounting

US CITIZENSHIP REQUIRED FOR THIS POSITION: Yes

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.

The Enterprise Services (ES) Material Accounting team is looking for a motivated individual to join our team as a Material Accountant (Level 02). This individual will serve as an integral team member in support of the Company's inventory and material accounting and will interact and collaborate with various sectors, divisions, and technical staff to solve complex inventory/material issues and questions.

Candidates must be able to work in the Melbourne, Florida office. Candidate must have the ability to obtain Government Top Secret Level Clearance to support Classified programs (if not currently active). Teleworking arrangements are subject to change based on the needs of the business.

Responsibilities include, but are not limited to:

  • Review and collect data to prepare reports in accordance with the company's cost accounting system (SAP GPD) in accordance with Generally Accepted Accounting Principles (GAAP), corporate policies and procedures, disclosure statements and government regulations, including MMAS and Cost Accounting Standards (CAS)

  • Prepare and present various analyses, which could include material cost and inventory accuracy, price variance, allocations, and excess

  • Research, analyze, and interpret current and historical cost using Product Actual & Cost Estimating (PACE) Reports for activities such as: material and labor cost shifts, grouping/pegging/distribution, and goods receipt/invoice receipts (GR/IR)

  • Perform Material Master data maintenance, such as: Valuation Class, Material Group, and Material Type updates.

  • Prepare and/or Review documentation to post journal entries for various material accounting transactions.

  • Perform monthly general ledger account reconciliations for material accounts using Blackline.

  • Drives continued success by finding and communicating opportunities for efficiencies, process improvement, and/or automation of processes, in support of the Company's digital transformation initiatives.

  • Supports other initiatives as needed.

Basic Qualifications:

  • Bachelor's degree in Accounting, Finance or related discipline with a minimum 3 years accounting or finance experience or 1 year with a relevant Master's Degree. (Candidates will need to possess an additional 10 years of experience without a BS Degree. )Understanding of accounting principles, practices, and standards.

  • Knowledge of process controls, business functions, and material management and cost transaction systems.

  • Strong MS Office (Outlook, PowerPoint, Excel, Word) skills

  • Ability to obtain a Top DoD Secret level Security Clearance following hire.

Preferred Qualifications:

  • Active Top Secret Security Clearance.

  • Experience with SAP Grouping, Pegging, and Distribution (GPD) or reporting with SAP Business Intelligence/Analytics.

  • Professional experience in the Aerospace & Defense industry.

  • Demonstrated experience with process and system capabilities within manufacturing and project management (i.e., cost accounting, MRP, Inventory, Production).

  • Demonstrated understanding of General Ledger and Financial Statement impacts from material/inventory related transactions.

  • Demonstrated experience and knowledge in Material Management & Accounting Systems (MMAS) compliance standards and activities.

  • Experience with data analytics and dashboarding.

  • Demonstrated leadership, critical thinking, and innovative behaviors in past projects, roles, or experiences.

Salary Range: $56,600.00 - $85,000.00

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.