Job Description

Northrop Grumman Sr Principal Cost Analyst

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. 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. Put your skills to the test by pushing the boundaries of what's possible. From global defense to sustainment and modernization to mission readiness, your experience and ability will make it a reality. Our programs are built on equal parts of curiosity and collaboration. Our combined effort means our customers can connect and defend millions of people around the world. With Northrop Grumman, you'll have the opportunity to be an essential part of projects that will define your career, now and in the future.

Northrop Grumman Defense Systems (NGDS) Sector is seeking a Sr Principal Cost Analyst to join our growing team of qualified individuals to support the Advanced Weapons (AW) Business Unit either on-site in Northridge, California or full time onsite at a NG location. The position requires US Citizenship and the ability to obtain a Secret clearance.

Role Description

In this role, the Cost Analyst position is a unique specialty opportunity to work closely with all technical aspects and requirements of the program, linking technical solution to the cost solution. They are responsible for Life Cycle Cost (LCC) model development and maturation, working with various Engineering, PMOs, and Integration IPT for Advanced Weapons and Systems providing detailed cost estimates. They will lead trade studies, supporting technology development and risk assessments, enhancing affordability opportunities, as well as assisting business case and contract capture activities. The position requires an understanding of at least two of the following analyses: Cost-Effectiveness, Life Cycle Cost (LCC), Cost As an Independent Variable (CAIV), Design to Cost (DTC), and Cost Reduction Initiatives (CRI).

Key Responsibilities

• Create and/or update Life Cycle Cost (LCC) model(s) to evaluate labor and material pricing
• Maintain and update escalation tables in accordance with latest economic forecasts, and compare to actual internal escalation rates
• Analyze and update rate and learning curves for different labor and material elements
• Document and effectively communicate cost model assumptions, results, and instructions guides
• Solicite, track, and manage CRI efforts from concept to completion
• Interface with multiple functions, all levels of management, and external customer
• Analyze external customers cost model vs internal model(s), identify disconnects, and make recommended updates as needed

Basic Qualifications

• Ability to obtain a U.S. Government Secret Clearance within a timeframe set by management; U.S. Citizenship required
• Must have 12+ years of related experience in lieu of degree; Bachelors degree with 8+ years experience or a Masters degree with 6+ years experience within in Accounting, Finance, or Business Administration
• Aerospace and Defense Finance experience
• Proficient knowledge of Microsoft Excel, Power Point, and Word

Preferred Qualifications

• 6+ years Aerospace and Defense Finance experience
• Experience with cost models in the Aerospace and Defense industry
• Advanced knowledge of Microsoft Excel, Power Point, and Word
• Masters degree
• Current active Secret clearance
• Excellent verbal and written communication skills across multiple levels
• Demonstrated experience in working independently and being proactive
• Demonstrated critical thinking and analytical skills, while maintaining attention to detail and effective time management/organization
• Experience with cost-effectiveness, LCC, CAIV, DTC, and/or CRI analyses
• Experience in developing cost research models and cost risks analysis for complex aerospace systems
• Experience in performing cost estimating activities such as cost analysis, statistical analysis, WBS development, and cost risk analysis
• Experience with DoD Acquisition principles and guides, e.g. MIL-STD 881E, OandS CAPE Guide, DAU Guide on Systems Engineering, etc.
• Engineering background or degree

Salary Range: $98,100.00 - $170,300.00 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. 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.

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