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Principal Accountant

Requisition ID: R10066973

  • Category IconCategory: Business Management
  • Location IconLocation: El Segundo, California, United States of America
  • Citizenship IconCitizenship Required: United States Citizenship
  • Clearance IconClearance Type: Secret
  • Telecommute IconTelecommute: Yes-May consider hybrid teleworking for this position
  • Shift IconShift: 1st Shift (United States of America)
  • Travel IconTravel Required: Yes, 10% of the Time
  • Positions IconPositions Available: 1

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.

The Financial Services Material Accounting team is looking for a motivated individual to join our team as a Principal Accountant.  This individual will serve as an integral team member in support of the Company's inventory and material accounting and will interact and collaborate with various sectors, divisions, and technical staff to solve complex inventory/material issues and questions.

This position is not location specific but must be within commuting distance to one of these main campuses: El Segundo, CA / San Diego, CA / Palmdale, CA / Melbourne, FL. Working remotely will only be allowed on a part-time basis. Candidate must have the ability to obtain Government Secret Level Clearance to support Classified programs (if not currently active).

Responsibilities include, but are not limited to:

  • Review and collect data to prepare reports in accordance with the company's cost accounting system (SAP GPD) in accordance with Generally Accepted Accounting Principles (GAAP), corporate policies and procedures, disclosure statements and government regulations, including MMAS and Cost Accounting Standards (CAS)
  • Prepare and present various reports/analyses, which could include material cost and inventory accuracy, price variance, allocations, and excess
  • Research, analyze, and interpret current and historical cost using Product Actual & Cost Estimating (PACE) Reports for activities such as: material and labor cost shifts, grouping/pegging/distribution, and goods receipt/invoice receipts (GR/IR)
  • Perform Material Master data maintenance, such as: Valuation Class, Material Group, and Material Type updates.
  • Prepare and/or Review documentation to post journal entries for various material accounting transactions.
  • Perform monthly general ledger account reconciliations for material accounts using Blackline.
  • Assist auditors with understanding of SAP GPD, PACE, and material accounting processes, as well as fulfill audit requests.
  • Drives continued success by finding and communicating opportunities for efficiencies, process improvement, and/or automation of processes, in support of the Company's digital transformation initiatives.
  • Supports other initiatives as needed.

Basic Qualifications:

  • Bachelor's degree in accounting, finance, business or related field and 5 years related experience; or 2 years related experience with a Masters degree
  • Knowledge of material management and cost transactions
  • Experience with SharePoint, AO/WEBI, SAP, Excel and Word
  • Strong knowledge of material costing systems and processes

Preferred Qualifications:

  • Secret Level clearance
  • Knowledge of compliance audit standards for MMAS
  • Strong ambition with the intent to work quickly and effectively, can get up to speed with business processes quickly and enjoys a dynamic environment
  • Experience in various business process and system capabilities in manufacturing and project management (i.e., cost accounting/MRP/Inventory/Production)

Salary Range: $65,800 USD - $114,400 USD

Employees may be eligible for a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.

The health and safety of our employees and their families is a top priority. The company encourages employees to remain up-to-date on their COVID-19 vaccinations. U.S. Northrop Grumman employees may be required, in the future, to be vaccinated or have an approved disability/medical or religious accommodation, pursuant to future court decisions and/or government action on the currently stayed federal contractor vaccine mandate under Executive Order 14042 https://www.saferfederalworkforce.gov/contractors/.

Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO/AA and Pay Transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for most positions.



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What's great about
Northrop Grumman

  1. Be part of a culture that thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work.
  2. Use your skills to build and deliver innovative tech solutions that protect the world and shape a better future.
  3. Enjoy benefits like work-life balance, education assistance and paid time off.


Did you know?

Northrop Grumman leads the industry team for NASA’s James Webb Space Telescope, the largest, most complex and powerful space telescope ever built. Launched in December 2021, the telescope incorporates innovative design, advanced technology, and groundbreaking engineering, and will fundamentally alter our understanding of the universe.