Financial Management Sr

Lockheed Martin Corp.; Fort Worth (TX); On-site; USD 73,000 - 135,000; Full time

Benefits offered by this job

Medical benefits

Flexible work arrangements

401(k) match

Paid time off

Job summary

Lockheed Martin Rotary and Mission Systems in Fort Worth, TX is seeking a financially skilled professional to perform FP&A, budgeting, and forecasting across programs. You will consolidate results, analyze variances, and support government contract reporting and earned value management.

The role requires applying US GAAP, FAR/CAS, and strong data analytics to inform strategic decisions and mitigate risks, while collaborating across engineering, program management, and finance teams.

Qualifications

• Establishing and monitoring program budgets, tracking costs, and funding requirements.
• Conducting cost analysis and developing variance explanations and recommendations for corrective actions.
• Maintaining the Earned Value System and associated logs for accurate and timely financial reporting.
• Interacting with program and financial management personnel to ensure conformance with company processes.
• Collaborating with cross-functional teams to drive business outcomes and achieve program goals.

Responsibilities

• Perform financial analysis, budgeting, and forecasting activities including variance analysis.
• Consolidate data from multiple financial systems for decision-making.
• Provide actionable recommendations to stakeholders for financial and operational decisions.
• Ensure compliance with FAR, CAS, SEC, US GAAP policies and controls.

Skills

SAP

Cobra

Hyperion

Job description

Standard Job Description

WHAT WE’RE DOING

At Lockheed Martin Rotary and Mission Systems, we are inspired by innovation and integrity. We believe that by applying the highest standards of business ethics and creative thinking, everything is within our reach – and yours as a Lockheed Martin employee. Lockheed Martin values your skills, training and education. Come and experience your future!

THE WORK

Performs one or more multiple financial activities within various finance job functions (FP&A, Overhead, Program Finance, Accounting, Controller, etc.). Will include some or all of the responsibilities as defined. Performs financial analysis, establishes performance management budgeting, and forecasting activities to include variance analysis, trend identification, workforce planning drivers, risk and opportunities assessment and development of mitigation plans. Integrates information from multiple financial systems, processes and functions in order to consolidate the data forensics into actionable business solution recommendations. Timely and accurately consolidates financial results (Orders, Sales, EBIT, Cash, ROIC, Overhead, Discretionary Funding) and monthly, quarterly and year end reporting to internal and external customers to include government contractual cost and schedule earned value management reporting. Develops and utilizes forward-looking data analytics, visualization and trend analysis to inform financial strategy and decision making. Develops and provides actionable recommendations to key stakeholders to make sound financial and operating decisions. Maintains applicable internal and external (FAR, CAS, SEC, US GAAP) policy, procedure, and controls for compliance to support internal process and external regulatory requirements. Provides subject matter expertise support to proposal development, basis of estimate and negotiations, as required.

WHO WE ARE

Lockheed Martin is a global leader in defense, aerospace, and advanced technologies. Our mission is to solve the world’s toughest challenges by providing innovative solutions for our customers. We foster a culture of collaboration and growth, offering employees opportunities to develop new skills, advance their careers, and contribute to projects that make a global impact.

WHO YOU ARE

You thrive in a collaborative, multidisciplinary engineering environment and are committed to delivering best-in-class products and solutions.

WHY JOIN US

At Lockheed Martin, you’ll be part of a company that’s committed to empowering you with the resources, training, and opportunities needed to shape the future of defense. You’ll lead a dynamic team that plays a critical role in supporting one of the most advanced defense systems in the world. Join us and help ensure that our warfighters have the best possible tools to succeed in their missions.

Basic Qualifications

• Establishing and monitoring program budgets, tracking costs, and tracking funding requirements
• Conducting cost analysis and developing variance explanations and recommendations for corrective actions
• Maintaining the Earned Value System and associated logs for accurate and timely financial reporting
• Interacting with program and financial management personnel to ensure conformance with company processes
• Collaborating with cross-functional teams to drive business outcomes and achieve program goals

Desired Skills

Expertise with financial tools: SAP, Cobra, and Hyperion.

Pay Information

Full-Time Salary Range: $72500.00 - $134600.00

At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only.Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.

Benefits offered

Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.

• Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
• For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.