Principal / Sr. Principal Budget Analyst

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.

We are seeking a highly skilled Senior or Principal Budget Analyst with expertise in managing and analyzing budgets specifically related to the Chief Information and Digital Office. The ideal candidate will be self motivated, independent, with a strong analytical background, exceptional attention to detail, and the ability to provide insightful financial guidance for IT-related projects and initiatives with all levels of leadership. You will play a critical role in ensuring the effective allocation and management of financial resources to support the organization’s technology objectives.

Key Responsibilities:

• Key business management representative collaborating with executive leadership in support of strategic initiatives across Chief Information and Digital Office

• Develop, analyze, and monitor expense and capital budgets related to the Chief Information and Digital Office to ensure effective financial management.
• Collaborate with IT, procurement, and finance teams to gather data, validate assumptions, and ensure accuracy in budgeting and forecasting processes.
• Conduct in-depth financial analyses to identify trends, variances, and opportunities for cost savings within IT expenditures.
• Prepare comprehensive reports and presentations for senior management outlining budgetary performance, risks, and implications for strategic decision-making.
• Support compliance with organizational policies and financial regulations related to IT spending.
• Provide guidance and support to departmental personnel regarding budgetary processes, procedures, and best practices.
• Participate in long-term financial planning and strategy development for enterprise-level technology initiatives.
• Provide mentorship and training to junior analysts and interns as needed.

We are seeking candidates with:

• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong verbal and written communication skills, with the ability to communicate complex financial concepts to non-financial stakeholders.
• Ability to work collaboratively in a team-oriented environment and manage multiple priorities effectively.

Key Competencies:

• Attention to Detail
• Strategic Thinking
• Adaptability and Flexibility
• Interpersonal Skills
• Project Management

This position may be filled at a higher level based on the requirements below.

Basic Qualifications Principal (level 3):

- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field and a minimum of 5 years of experience in budget analysis, financial planning, or related roles.  OR Master’s degree in Finance, Accounting, Business Administration, or a related field with 3 years of experience in budget analysis, financial planning, or related roles.

- Strong knowledge of financial management principles, practices, and tools, particularly in relation to IT agreements and contracts.

- Proficiency in financial analysis software and tools (e.g., Excel, financial modeling software, ERP systems).

Basic Qualifications Sr Principal (level 4):

- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field and a minimum of 8 years of experience in budget analysis, financial planning, or related roles.  OR Master’s degree in Finance, Accounting, Business Administration, or a related field with 6 years of experience in budget analysis, financial planning, or related roles.

- Stro