Financial Management Sr - E3

Lockheed Martin; Bethesda (MD); On-site; USD 82,000 - 151,000; Full time

Benefits offered by this job

Medical benefits

Flexible work arrangements

401(k) match

Paid time off

Job summary

Lockheed Martin is seeking a seasoned accounting professional for the Corporate Controllers Group as a Senior Staff member on the Accounting Policy team in Bethesda, MD. The role provides authoritative technical accounting guidance, detailed research, and support to corporate leadership across the enterprise.

The position emphasizes collaboration with cross-functional teams, updating policy manuals, and contributing to high-visibility projects involving new standards and ongoing policy

Qualifications

• Bachelor’s Degree in Accounting (or related field) from an accredited institution.
• 4–6 years of experience at a Big 4 firm or equivalent technical accounting role.
• CPA license.
• Strong understanding of U.S. GAAP and U.S. SEC regulations.
• Experience writing technical accounting research memorandums.

Responsibilities

• Conduct technical accounting research and draft memoranda on complex topics (revenue, acquisitions, joint ventures, leases, derivatives, etc.).
• Monitor FASB, SEC, and PCAOB developments; assess impact on policies and disclosures.
• Collaborate with finance, legal, tax, treasury, and external auditors to ensure policy compliance.
• Maintain accounting policy manuals in response to new standards and guidance.
• Support implementation of new accounting/reporting requirements; assist with SEC filings.

Skills

Technical accounting research

U.S. GAAP knowledge

CPA license

Memos/writing

Problem solving

Education

Bachelor’s Degree in Accounting

Tools

Microsoft Office

Job description

Overview

Standard Job Description

The Lockheed Martin (LM) Finance and Business Operations (F&BO) organization is seeking a seasoned accounting professional to join the Corporate Controllers Group as a Senior Staff member on the Accounting Policy team. In this role you will provide authoritative technical accounting guidance, conduct in‑depth research, and support corporate leadership and key accounting stakeholders across the enterprise.

Key Responsibilities

• Conduct technical accounting research and draft memoranda on complex topics such as revenue recognition, acquisitions, joint‑venture investments, variable‑interest entities, goodwill and intangible assets, capitalized software, debt issuance/modification, hedging & derivatives, leases, and other technical areas.
• Monitor and interpret developments from the FASB, SEC, and PCAOB; assess the impact of new standards on corporate policies, practices, and disclosures.
• Collaborate with finance, SOX, legal, tax, treasury, and other functional teams, as well as external auditors, to provide guidance on transactions and ensure compliance with applicable FASB/SEC accounting literature.
• Update and maintain the company’s accounting policy manuals in response to new transactions, evolving standards (including FASB ASUs and SEC), and other regulatory guidance.
• Assist with the implementation of new accounting and reporting requirements across the organization;
• Compile and analyze data for periodic SEC filings (Forms10‑K/Q) and annual proxy‑statement disclosures.
• Perform ad‑hoc analyses to support corporate‑governance initiatives and accounting‑research projects.
• Contribute to high‑visibility projects involving accounting transactions, adoption of new reporting standards, and ongoing policy enhancements.

Additional duties may be assigned as needed to support the team’s objectives in a fast‑paced, results‑driven environment.

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.

Basic Qualifications

• Bachelor’s Degree in Accounting (or a related field) from an accredited institution
• 4 to 6 years of experience at either a Big 4 public‑accounting firm (preferred) or accounting advisory firm or in a technical accounting role within a large public company.
• CPA license
• Strong understanding of U.S. GAAP and U.S. SEC regulations
• Experience in writing technical accounting research memorandums related to accounting transactions
• Demonstrated problem solving experience (identify problems and develop/implement solutions)

Desired Skills

• Proactive ownership of projects with a focus on timely, high‑quality delivery.
• Demonstrated ability to meet tight deadlines in a dynamic environment.
• Motivation to grow professionally and contribute to organizational success.
• Strong teamwork orientation coupled with the ability to work independently.
• Excellent written and verbal communication, with strong interpersonal skills.
• Advanced proficiency with Microsoft Office tools (Excel, Word, Outlook)

Pay Information

Full‑Time Salary Range: $81500.00 - $151300.00

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.