Sr. Manager of Financial Reporting & Technical Accounting

Northrop Grumman Corp.; El Segundo (CA); On-site; USD 160,000 - 239,000; Full time

Benefits offered by this job

Health insurance

Life and disability insurance

Savings plan

Company paid holidays

PTO

Job summary

Northrop Grumman Corp. in El Segundo, CA seeks a Sr. Manager of Financial Reporting & Technical Accounting to lead GAAP reporting, SEC disclosures, and SOX compliance.

The role reports to the Director of Financial Reporting and Accounting and manages close processes, policy updates, and training across the team. The position requires extensive accounting background, Big 4 audit experience at the manager level, and strong project management skills.

Qualifications

• Bachelor’s degree in accounting with 15 years of relevant work experience, or higher degrees with fewer years of experience.
• Big 4 audit experience at manager level or higher.
• Excellent understanding of US GAAP and SEC reporting regulations.

Responsibilities

• Oversee sector financial reporting and close activities for SEC disclosures.
• Review and approve journal entries in SAP and HFM.
• Analyze financial data and trends to provide insights to management.
• Lead the Sector’s SOX program and internal controls over financial reporting.
• Coordinate with external auditors during audits.

Skills

US GAAP

SEC reporting

Project management

A&D industry experience

Education

Bachelor's degree in accounting

Master's degree in accounting

PhD in accounting

Tools

SAP

HFM

Job description

RELOCATION ASSISTANCE: No relocation assistance available

CLEARANCE REQUIRED FOR START: No

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.

Northrop Grumman is hiring a Sr. Manager of Financial Reporting & Technical Accounting to be located in our El Segundo, CA location.

This position will report to the Director of Financial Reporting and Accounting and will perform and oversee the analysis, preparation and reporting of financial data.

Position Responsibilities

• Responsibility for the overall Sector financial reporting and accounting close activities, which includes review of monthly and quarterly financial reporting data and analysis in support of the company’s U.S. Securities and Exchange Commission (SEC) disclosure requirements
• Review and approval of journal entries in SAP and HFM, including non-routine transactions
• Analyze financial data, trends and variances to provide actionable insights to management
• Evaluate the potential effects on all newly established and/or potential accounting principle changes implemented by the Financial Accounting Standards Board, Securities Exchange Commission, and/or any other financial regulatory entities
• Interpret generally accepted accounting principles (GAAP) accounting standards and SEC guidance to determine the appropriate accounting and financial reporting treatment
• Draft accounting position papers summarizing technical accounting issues, application of accounting guidance to the company, alternatives available and recommendations
• Support annual audit and quarterly review activities with external auditors
• Lead the Sector’s SOX program, including evaluation of risk environment and adequacy of internal controls over financial reporting
• Support contract EAC and profitability reviews. Review and provide guidance on revenue recognition and performance obligation conclusions reached under ASC 606, Revenue from Contracts with Customers
• Provide on-call technical accounting guidance using US GAAP and coordinate research findings and evaluation of alternatives with external auditors
• Prepare and present technical accounting training on a regular basis
• Update and maintain accounting policies for new accounting pronouncements and other changes
• Lead, mentor and train staff members
• Lead or assist with ad-hoc projects, as needed

Basic Qualifications

• Must either have a bachelor’s degree in accounting, and 15 years of relevant work experience or a masters degree and 12 years of relevant work experience or a PhD and 9 years of relevant work experience
• Public Accounting/Audit and Assurance directly relevant may count for up to an additional year of experience for each year of relevant experience
• Big 4 or recognized public accounting firm audit experience (minimum manager level)
• Excellent understanding of US GAAP with a strong knowledge of SEC reporting regulations

Preferred Qualifications

• Strong project management skills
• Prior experience in Aerospace & Defense industry

Primary Level Salary Range

$159,500.00 - $239,300.00

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.

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.

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.