Principal / Sr. Principal Budget Analyst
RELOCATION ASSISTANCE: No relocation assistance availableCLEARANCE TYPE: NoneTRAVEL: 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.We are seeking a highly skilled Senior or Principal Budget Analyst with expertise in managing and analyzing budgets specifically related to the Chief Information and Digital Office. The ideal candidate will be self motivated, independent, with a strong analytical background, exceptional attention to detail, and the ability to provide insightful financial guidance for IT-related projects and initiatives with all levels of leadership. You will play a critical role in ensuring the effective allocation and management of financial resources to support the organization's technology objectives.
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Key Responsibilities:
Key business management representative collaborating with executive leadership in support of strategic initiatives across Chief Information and Digital Office
Develop, analyze, and monitor expense and capital budgets related to the Chief Information and Digital Office to ensure effective financial management.
Collaborate with IT, procurement, and finance teams to gather data, validate assumptions, and ensure accuracy in budgeting and forecasting processes.
Conduct in-depth financial analyses to identify trends, variances, and opportunities for cost savings within IT expenditures.
Prepare comprehensive reports and presentations for senior management outlining budgetary performance, risks, and implications for strategic decision-making.
Support compliance with organizational policies and financial regulations related to IT spending.
Provide guidance and support to departmental personnel regarding budgetary processes, procedures, and best practices.
Participate in long-term financial planning and strategy development for enterprise-level technology initiatives.
Provide mentorship and training to junior analysts and interns as needed.
We are seeking candidates with:
Excellent analytical, problem-solving, and critical-thinking skills.
Strong verbal and written communication skills, with the ability to communicate complex financial concepts to non-financial stakeholders.
Ability to work collaboratively in a team-oriented environment and manage multiple priorities effectively.
Key Competencies:
Attention to Detail
Strategic Thinking
Adaptability and Flexibility
Interpersonal Skills
Project Management
This position may be filled at a higher level based on the requirements below.
Basic Qualifications Principal (level 3):
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field and a minimum of 5 years of experience in budget analysis, financial planning, or related roles. OR Master's degree in Finance, Accounting, Business Administration, or a related field with 3 years of experience in budget analysis, financial planning, or related roles.
- Strong knowledge of financial management principles, practices, and tools, particularly in relation to IT agreements and contracts.
- Proficiency in financial analysis software and tools (e.g., Excel, financial modeling software, ERP systems).
Basic Qualifications Sr Principal (level 4):
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field and a minimum of 8 years of experience in budget analysis, financial planning, or related roles. OR Master's degree in Finance, Accounting, Business Administration, or a related field with 6 years of experience in budget analysis, financial planning, or related roles.
- Strong knowledge of financial management principles, practices, and tools, particularly in relation to IT agreements and contracts.
- Proficiency in financial analysis software and tools (e.g., Excel, financial modeling software, ERP systems).
Preferred Qualifications:*
- Masters degree
- Relevant certifications (CMA, CPA, etc.)
Primary Level Salary Range: $75,400.00 - $113,000.00Secondary Level Salary Range: $93,800.00 - $140,800.00The 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.Depending on the position, employees may be eligible for overtime, shift differential, and 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 an Equal Opportunity 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 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.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- HSA
- HSA With Employer Contribution
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
- Virtual Fitness Classes
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
- Four-Day Work Week
Office Life and Perks
- Commuter Benefits Program
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Sabbatical
- Leave of Absence
Financial and Retirement
- 401(K)
- 401(K) With Company Matching
- Performance Bonus
- Relocation Assistance
- Financial Counseling
- Profit Sharing
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
- Internship Program
- Leadership Training Program
- Associate or Rotational Training Program
Diversity and Inclusion
Company Videos
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