Principal Accountant

Posted 23 Days Ago
Be an Early Applicant
United States of America
81K-121K Annually
Senior level
Aerospace • Logistics • Security • Software • Cybersecurity
The Role
The Principal Accountant will support the Contract Accounting department by preparing, analyzing, and reconciling financial data regarding invoicing and accounts receivable. Responsibilities include ensuring compliance with contract terms for customer billings, collaborating with internal teams and customers, and supporting audit inquiries. The role emphasizes timely and accurate financial reporting in a complex contracting environment.
Summary Generated by Built In

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.

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.

We’re looking for you to join our team as a Principal Accountant based out of Annapolis Junction. This onsite option may be staffed as a hybrid role. This position offers the 9/80 schedule.

What You’ll Get to Do
The Principal Accountant will support the Contract Accounting department and report to the Billing Manager. The Principal Accountant will assist with preparation, analysis and reconciliations related to issuing Final Invoices.

Roles and Responsibilities include but are not limited to, the following:

  • Provide analysis, reporting, and resolution of aged unbilled AR.
  • Assist with preparation, analysis and reconciliations related to issuing Final Invoices
  • Support Cancelling and Expiring funds exercises along with Interim billing Cycles.
  • Support DCAA billing audit inquiries, internal and external financial audits.
  • Ensure accurate and timely preparation, reconciliation and submission of Customer Billings (Cost Type, Time and Material, Firm Fixed Price, Progress Payments, Milestones & Performance Based Payments, Shippers) and Intercompany Accounting Transfers, in support of NGMS Business Sector contracts.
  • Review customer billings prepared by staff for compliance of contract terms and conditions and established department policies and procedures
  • Complete special projects and systems testing as needed.
  • Work collaboratively with our internal PCA & Program customers to ensure checklists and required supporting documentation are received in a timely manner and are reviewed in detailed to confirm completeness.
  • Support internal and external customer requests regarding billing and related issues; and communicates effectively and frequently with team members, internal/external customers and leadership.

Ideal candidates must be able to make sound decisions in a timely manner, display strong interpersonal and leadership skills, and follow compliance protocol.

Basic Qualifications

  • Bachelor’s degree with 6 years of related professional experience - OR - a Master's degree with 4 years of related professional experience
  • Will consider 10 years of applied experience in lieu of degree requirement.
  • Knowledge of applications in a computerized environment, including spreadsheet applications and data bases (e.g. MS Excel, MS Access, MS Power Point)
  • High level of proficiency in Microsoft Excel (pivot tables, VLOOKUP's, etc.)
  • Experience extracting, compiling, documenting and analyzing data
  • Prior experience with analysis, problem solving, and reporting
  • Experience prioritizing multiple assignments in order to meet deadlines 
  • Ability to travel domestically 10% of the time.
  • US Citizenship is required


Preferred Qualifications:

  • Bachelors degree preferred with degree in Business Administration, Accounting or related field
  • Prior billing and/or accounting experience.
  • SAP software tool experience
  • 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!

Salary Range: $80,600.00 - $121,000.00

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.

The Company
HQ: Falls Church, VA
85,636 Employees
On-site Workplace

What We Do

We are a close-knit community of big thinkers collaborating to keep the world safe. Our passion, creativity and expertise bring next-level technology solutions to life in autonomous systems, cyber, C4ISR, strike, space, and logistics and modernization for our customers around the globe.

On the Northrop Grumman team, you’ll join our pursuit of excellence immersed in a dynamic culture of innovation and respect. Your unique perspective will help achieve our shared vision for the future of global security. Every step of the way, you'll be supported by world-class training, employee resource groups and a comprehensive benefits package that enables greater health and happiness for you and your family.

Worldwide and across disciplines, we’re challenging what’s possible for technology to protect people and places from undersea to outer space and into cyberspace. And we see the impact of our performance every day. We are Northrop Grumman, and we work on what matters—now, you too can make a difference.

Explore opportunities in engineering, IT, manufacturing, business management, cybersecurity and more with us.

Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer.

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