Finance Summer Analyst

Job Description

About Lockheed Martin:

Lockheed Martin is a global security and aerospace company, known for its contributions to the defense, aeronautics, and space industries. They are driven by a passion for purposeful innovation, striving to keep people safe and solve complex global challenges. Lockheed Martin prioritizes its employees, offering diverse career opportunities, flexible schedules, competitive pay, and comprehensive benefits. Their commitment to creating an inclusive and empowering work environment, built on integrity and corporate responsibility, makes them a desirable employer.

Job Description:

This is a fast-paced, hands-on role within the Engineering & Technology Finance team at Lockheed Martin. You will be responsible for assisting with various financial tasks that are crucial to the success of the Engineering & Technology function. The team works with diverse funding sources and collaborates closely with engineers and technical staff.

Key Responsibilities:

• Contract Management: Assist with setting up and managing contracts, ensuring compliance and efficient execution.
• Cost Control & Analysis: Monitor and analyze costs to identify potential savings and optimize performance.
• Proposal Preparation: Provide financial expertise and support in preparing proposals for new business opportunities.
• New Business Acquisition Expenditures (NBAE) Management: Manage NBAE activities, ensuring compliance with regulations and maximizing returns.
• Critical Staffing Support: Contribute to staffing decisions to ensure adequate resources for projects and initiatives.
• Financial Analysis: Conduct detailed financial analysis, including variance analysis, trend identification, and forecasting.
• Performance Management Budgeting: Establish and manage budgets, ensuring alignment with performance targets and strategic goals.
• Workforce Planning: Analyze workforce planning drivers to optimize resource allocation and staffing levels.
• Risk & Opportunity Assessment: Identify, assess, and develop mitigation plans for financial risks and opportunities.
• Data Integration & Analysis: Integrate information from various financial systems and processes to gain actionable insights.
• Cost Allocation: Ensure that costs are allocated according to established procedures.
• Actionable Recommendations: Provide insights and recommendations to stakeholders to facilitate sound financial and operational decisions.
• Subject Matter Expertise: Offer expertise in proposal development, basis of estimate, and negotiations.

Required Qualifications:

• Excellent verbal and written communication skills
• Strong analytical and presentation skills
• Aptitude for facilitating results, self-starter attitude, process-oriented, and structured problem solver
• Proficient in MS Excel, Word, and PowerPoint
• Bachelor’s degree from an accredited college in a related discipline

Desired Skills:

• Experience in budgeting, estimating, workforce planning, development, and production contracts

Security Clearance:

• This position requires a government security clearance, and US citizenship is mandatory for consideration.
• Clearance Level: Secret

Work Schedule:

• The position offers a 4×10 hour day schedule, allowing for 3 days off per week.
• It also includes the possibility of part-time remote work, with the specific schedule to be determined during the hiring process.

Additional Information:

• This role is a full-time position within the Missiles and Fire Control business unit at Lockheed Martin.
• Relocation assistance may be available.
• The position falls under the Career Area of Finance.