Description:The Accounting & Finance Summer Analyst will partner with the Technical Accounting, General Ledger, Consolidation, and Financial Reporting teams to support month end close, statutory reporting, and ongoing process improvements. This hands on rotation provides exposure to U.S. GAAP, IFRS, and internal control frameworks while introducing technical accounting expertise in a fast paced, multinational environment.
Technical Accounting:
• Assist in evaluating new accounting standards (e.g., ASC 842, ASC 606) and preparing impact analyses.
• Research and document accounting treatments for complex transactions.
General Ledger (GL):
• Participate in daily journal entry preparation, posting, and review.
• Reconcile GL sub ledger balances to the primary ledger and perform analytical procedures on balance sheet and income statement items.
Consolidation:
• Support the preparation of inter company eliminations and consolidations using ERP and consolidation tools (e.g., Hyperion, OneStream).
• Verify data integrity across subsidiaries and assist in the preparation of consolidated financial statements.
Financial Reporting:
• Contribute to the preparation of quarterly and annual external filings (10 Q, 10 K) and internal management reports.
• Perform variance analysis and draft commentary for senior management.
Cross Functional Projects:
• Participate in process automation initiatives (e.g., RPA, Power BI).
• Collaborate with audit, tax, and treasury teams on ad hoc requests.
Team works in office a minimum of one day a week and more often at month end and quarter close periods. Preference is for candidates to be near the Bethesda, MD office.
Basic Qualifications:• Currently enrolled in a Bachelor’s (or Master’s) program majoring in Accounting, Finance, Business Administration, or a related field.
• Strong academic foundation in financial accounting, managerial accounting, and corporate finance.
• Proficiency in Microsoft Excel (pivot tables, VLOOKUP, basic macros).
• Ability to obtain (or already possess) a U.S. work authorization for the internship period.
Desired Skills:• Prior internship or project experience in accounting, finance, or audit.
• Familiarity with ERP systems (e.g., SAP, Oracle, Workday) and/or consolidation software.
• Experience with data analysis tools (Power Query, Tableau, Power BI) is a plus.
• Strong analytical mindset with meticulous attention to detail.
• Effective written and verbal communication skills; ability to translate technical concepts for non-technical audiences.
• Demonstrated ability to work independently and within cross-functional teams.
• High integrity and commitment to confidentiality.
Clearance Level: None
Other Important Information You Should KnowExpression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $31,616 - $77,788. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information 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 and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(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.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.
With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.
If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on
Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Experience Level: Co-op/Summer Intern
Business Unit: CORPORATE HEADQUARTERS
Relocation Available: Possible
Career Area: Finance
Type: Call-In
Shift: First
