Sr. Manager of Financial Reporting & Technical Accounting

Northrop Grumman is hiring a Sr. Manager for Financial Reporting and Technical Accounting in El Segundo, CA.

• Location: El Segundo, CA (onsite)
• Travel: Yes, 10% of the time
• Pay: USD 159,500 - 239,300 per year
• Clearance: None required
• Relocation assistance: No relocation assistance available
• Application period: Estimated 20 days from the job posting date (may change based on business needs and candidate availability)

Responsibilities

• Oversee Sector financial reporting and accounting close activities, including review and analysis of monthly and quarterly financial reporting data to support U.S. SEC disclosure requirements
• Review and approve journal entries in SAP and HFM, including non-routine transactions
• Analyze financial data, trends, and variances to deliver actionable insights to management
• Assess potential impacts of newly established and/or potential accounting principles issued by the FASB, SEC, and other financial regulatory entities
• Interpret GAAP and SEC guidance to determine appropriate accounting and financial reporting treatment
• Draft accounting position papers covering technical accounting issues, application of guidance, available alternatives, and recommendations
• Support annual audit and quarterly review activities with external auditors
• Lead the Sector SOX program, including evaluation of the risk environment and adequacy of internal controls over financial reporting
• Support contract EAC and profitability reviews, including guidance on revenue recognition and performance obligation conclusions under ASC 606
• Provide on-call technical accounting guidance using US GAAP and coordinate research, evaluation of alternatives, and discussion with external auditors
• Prepare and present technical accounting training on a regular basis
• Update and maintain accounting policies for new pronouncements and other changes
• Lead, mentor, and train staff members
• Lead or assist with ad-hoc projects as needed

Requirements

• Education and experience must meet one of the following:
  • Bachelor’s degree in accounting + 15 years of relevant work experience
  • Master’s degree + 12 years of relevant work experience
  • PhD + 9 years of relevant work experience
• Public Accounting/Audit and Assurance directly relevant may count for up to an additional year of experience for each year of relevant experience
• Big 4 or recognized public accounting firm audit experience (minimum manager level)
• Excellent understanding of US GAAP with strong knowledge of SEC reporting regulations
• Strong project management skills
• Prior experience in Aerospace & Defense

Technologies

• SAP
• HFM
• ASC 606
• GAAP
• SEC

Benefits

• Health insurance coverage
• Life and disability insurance
• Savings plan
• Company paid holidays and paid time off (PTO) for vacation and/or personal business
• Depending on the position: eligibility for overtime, shift differential, and a discretionary bonus in addition to base pay
• Annual bonuses designed to reward individual contributions and allow employees to share in company results
• Vice President or Director positions may be eligible for Long Term Incentives