Principal Material Cost Analyst

Northrop Grumman Northrop Grumman · Aerospace · San Diego, CA +1 · Business Management Mult-Func

Principal Material Cost Analyst (Level 3) at Northrop Grumman, San Diego, CA. Focuses on Earned Value Management System (EVMS) implementation and financial reporting for Integrated Product Teams (IPTs) and Control Account Managers (CAMs), ensuring compliance with DOD EVMS guidelines. Responsibilities include preparing month-end reports, developing and reviewing Estimates at Completion (EACs), incorporating changes into the EVMS system, and supporting CAMs with WBS alignment, time phasing, performance measurement, and variance analysis. Requires a Bachelor's degree with 5 years of experience or a Master's with 3 years in Business Management, Accounting, or Financial Analysis, with experience in Government Contracting and EVM. Must be able to obtain a Secret Clearance.

What you'd actually do

  1. This position will provide assistance and guidance to support the implementation of Earned Value Management System (EVMS) to Integrated Product Teams (IPTs) and Control Account Managers (CAMs), while ensuring compliance to DOD EVMS guidelines and the Autonomous Systems Division EVM System.
  2. The analyst will be responsible for preparing month-end reports; developing and reviewing EAC's; incorporation of changes into the EVMS system in order to maintain Major Subcontract/GP cost and schedule baselines.
  3. The analyst will assist CAMs for EVMS activities including: WBS alignment, time phasing of the tasks, developing and documenting earned value methodologies, monthly performance measurement, estimate to complete analysis and updates, and variance analysis research and reporting.
  4. Support monthly cost and schedule reviews, identify pressures and opportunities, and develop recovery plans as required.
  5. Prepare budgets and schedules for contract work and perform and/or assists in financial analyses such as funding profiles, sales outlook, and variance analysis

Skills

Required

  • Bachelor's degree with 5 years of experience in Business Management, Accounting, Financial Analysis, or industry related field OR Master's degree with 3 years of experience in Business Management, Accounting, Financial Analysis, or industry related field.
  • Ability to obtain and maintain U.S. Government Secret Clearance
  • Ability to obtain and maintain Program Access
  • Proficient in Microsoft Office (Excel and PowerPoint)
  • Experience in Government Contracting with Earned Value Management (EVM)

Nice to have

  • Financial forecasting and/or material accounting experience
  • Experience with Grouping, Pegging, and Distribution (GPD)
  • Understanding of Business Systems (SAP/Cobra)

What the JD emphasized

  • Secret Clearance