WHAT WE’RE DOING
At Lockheed Martin Rotary and Mission Systems, we are inspired by innovation and integrity. We believe that by applying the highest standards of business ethics and creative thinking, everything is within our reach – and yours as a Lockheed Martin employee. Lockheed Martin values your skills, training and education. Come and experience your future!
THE WORK
The Army Air Force business provides new aircraft and aftermarket services for the U.S. government and foreign military sales customers.
This position leads various program finance activities in support of the US Government aftermarket business needs. This role provides an excellent opportunity to work with a team of analysts, gain knowledge of the USG Aftermarket business, as well as interface daily with program management and other functional areas that support the programs. This position is located in Stratford, CT.
Aftermarket Overhaul & Repair Finance Primary Responsibilities:
1) All aspects of program finance to include planning, forecasting, and variance analysis (for example: monthly Orders, Sales, EBIT, and Cash, Annual Plan and Long Range Plan) for USG Aftermarket programs in support of the Army Air Force Aftermarket Finance Manager.
2) Interface with Program management team members on a daily basis across assigned programs to ensure the latest financial estimates and risks and opportunities are accurate and reported in a timely manner.
3) Perform month-end close activities, variance analysis and account reconciliations for various balance sheet and P&L accounts related to the assigned programs.
4) Complete periodic reporting to ensure adequate funding levels are provided by the customer to continue work on a given contract.
5) Support WBS set-up, maintenance, and oversight as required (daily & weekly) to support all program needs accurately.
6) Provide estimating, pricing and negotiation support for the various contracts/ campaigns.
7) Review inventory balances, unbilled/deferred, backlog, AR, and related reserves, working closely with the Program Management team.
8) Provide support to government accounting and pricing departments, as necessary, to support customer requests for information (i.e. RFI’s).
9) Update quarterly the EAC (Estimate at Completion) model for assigned programs, present EAC results to senior management, analysis & retroactive adjustment calculations if deemed necessary.
10) Develop and maintain the standard work instructions related to this role to include, but not be limited to, recurring processes, checklists, and internal controls.
11) Support other financial requirements, as deemed necessary, by leadership.
WHO WE ARE
Lockheed Martin is a global leader in defense, aerospace, and advanced technologies. Our mission is to solve the world’s toughest challenges by providing innovative solutions for our customers. We foster a culture of collaboration and growth, offering employees opportunities to develop new skills, advance their careers, and contribute to projects that make a global impact.
