Principal Financial Analyst
Listed on 2026-10-17
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Finance & Banking
Financial Analyst, Corporate Finance, Financial Reporting, Financial Compliance
RELOCATION ASSISTANCE:
Relocation assistance may be available
CLEARANCE REQUIRED FOR START:
No
CLEARANCE TYPE:
None
TRAVEL:
Yes, 10% of the Time
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.
Summary
The Principal Financial Analyst (A03) is a mid-career finance professional responsible for forming, analyzing, and managing specialized budgets, indirect rates, and overhead structures under moderate supervision while ensuring compliance with FAR/DFARS and alignment with corporate objectives. This role provides advanced financial analysis, forecasting, and reporting support for Budgets, Rates, and Overhead Management, including monthly reviews of allocations, actual rates, and incurred costs against FPRP/FPRA expectations, audit support, and preparation of findings and recommendations for management.
The position also compiles and analyzes data from multiple systems, develops and coordinates allocation methodologies and bases with business units, and assists in developing indirect budgets, allocations, and overhead rates. In addition to supporting day-to-day budget and rate activities, this role contributes strategically to overhead planning, allocation accuracy, business unit forecasting, and special projects. The ideal candidate brings approximately six years of progressive finance experience, preferably in the aerospace and defense industry, along with demonstrated success managing complex rate structures, supporting compliance-driven financial processes, collaborating across cross-functional teams, and driving continuous improvement through strong analytical, reporting, and communication skills.
- Lead the development and coordination of business area indirect budgets, allocations, and overhead rates in partnership with AS Business Units.
- Provide advanced financial forecasting support for complex budgets, organizational rates, and overhead management structures.
- Develop and refine direct allocation methodologies and base structures to ensure equitable, compliant cost distribution across division programs.
- Ensure all rate and overhead practices strictly align with corporate accounting standards, Cost Accounting Standards (CAS), and Federal Acquisition Regulation (FAR/DFARS) requirements.
- Perform specialized calculations and financial modeling for special projects, strategic initiatives, and structural business unit changes as required.
- Serve as a primary point of contact and coordinate the preparation, delivery, and defense of data for all internal and external rate and overhead audits.
- Liaise confidently with regulatory agencies (such as DCAA and DCMA) regarding overhead submissions, cost impacts, and baseline rate reviews.
- Maintain complete, audit-ready historical records, files, and justification documentation for all calculated factors, bases, and budget assumptions.
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