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Principal Accountant/ Sr Principal Accountant

Requisition ID: R10068609

  • Category IconCategory: Business Management
  • Location IconLocation: Elkton, Maryland, United States of America
  • Citizenship IconCitizenship Required: United States Citizenship
  • Clearance IconClearance Type: None
  • Telecommute IconTelecommute: Yes-May consider hybrid teleworking for this position
  • Shift IconShift: 1st Shift (United States of America)
  • Travel IconTravel Required: No
  • 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.

Put your skills to the test by pushing the boundaries of what’s possible. From global defense to sustainment and modernization to mission readiness, your experience and ability will make it a reality. Our programs are built on equal parts of curiosity and collaboration. Our combined effort means our customers can connect and defend millions of people around the world. With Northrop Grumman, you’ll have the opportunity to be an essential part of projects that will define your career, now and in the future.

Northrop Grumman Defense Systems is seeking a Principal Accountant/Sr Principal Accountant in our Headquarters (HQ) division based in Elkton, MD.

Job Responsibilities:

  • Analyzes financial information to prepare financial statements, reports, make general ledger entries and to review/verify accuracy of journal entries.
  • Prepares and maintains controls for assets, liabilities and financial transactions.
  • Ability to effectively and clearly present financial and other data to all levels of organization utilizing numerous software applications and communication methods.
  • Manage monthly, quarterly, and year-end closing schedule.
  • Oversight of SOX compliance and internal audits.
  • Act as key liaison with Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DMCA).
  • Responsible for assisting with the annual Incurred Cost Submission (ICS) to DCMA
  • Responsible for assisting with the PS&C Disclosure Statement and any cost impact analysis tied to cost accounting changes.
  • Ensure that appropriate policies and procedures are followed as required by government regulations.
  • Develops appropriate policies and procedures to ensure compliance with applicable rules and regulations.
  • Responsible for updating policies and procedures for any revisions to existing Government requirements and provide necessary training to impacted personnel.
  • Responsible for applicable tax reporting.

Basic Qualifications:

Principal Accountant Qualifications:

  • Must have 10 years of experience in Accounting or Finance. Will consider Bachelor’s Degree in Accounting, Finance or Business and 6 Years of experience in accounting or Finance; or 4 years of experience with Masters degree.
  • Experience in a Manufacturing Industry
  • Superior knowledge of Excel, Word, and PowerPoint Software Packages
  • Strong general accounting background with prior experience in budgetary and/or cost control and analysis responsibilities.
  • Knowledge of CAS, GAAP, FAR, and SOX
  • Ability to balance multiple projects, prioritizes projects and meet necessary deadlines
  • Must be a U.S. Citizen and be able to obtain a DoD Secret Clearance.

Sr Principal Accountant Qualifications:

  • Must have 14 years of experience in Accounting or Finance. Will consider Bachelor’s Degree in Accounting, Finance or Business and 10 Years of experience in accounting or Finance; or 8 years of experience with Masters degree.
  • Experience in a Manufacturing Industry
  • Superior knowledge of Excel, Word, and PowerPoint Software Packages
  • Strong general accounting background with prior experience in budgetary and/or cost control and analysis responsibilities.
  • Knowledge of CAS, GAAP, FAR, and SOX
  • Ability to balance multiple projects, prioritizes projects and meet necessary deadlines
  • Must be a U.S. Citizen and be able to obtain a DoD Secret Clearance.

Preferred Qualifications:

  • Working knowledge of Deltek & Costpoint financial reporting


Salary Range: $72,700 USD - $109,100 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.