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Business Management Analyst – Budget, Cost Control, Finance, Pricing

Requisition ID: R10033974

  • Category IconCategory: Business Management
  • Location IconLocation: Rolling Meadows, Illinois, United States of America
  • Citizenship IconCitizenship Required: United States Citizenship
  • Clearance IconClearance Type: None
  • Telecommute IconTelecommute: No- Teleworking not available for this position
  • Shift IconShift: 1st Shift (United States of America)
  • Travel IconTravel Required: 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.

Northrop Grumman is seeking experienced and motivated professionals for the various entry level roles in Financial Analysis, Business Management, Cost Control, and Contracts.  This position will be located at our Mission Systems Sector in Rolling Meadows, IL. (Rolling Meadows Central or Rolling Meadows North) 

Roles and responsibilities of the Business Management Analyst will encompass the following, and vary slightly depending on specific position, program, or business unit to which you are assigned:

  •  Review and approve changes to budgets.
  • Support audits, reviews, fact-finding, and negotiation support requested by programs, customers, and company management.
  • Perform analysis and prepare reports in order to ensure contracts are within negotiated and agreed-upon parameters and government cost control guidelines.
  • Support the preparation and coordination of financial forecasting and reporting, Annual Operating Plan and Resource Plan.
  • Prepare financial inputs to internal reports and presentations
  • Perform program financial analyses and provide both external and internal reporting (s) for Sector programs.
  • Maintain and provide status and tracking information on customer requests
  • Work cooperatively with the technical staff to address customer requests
  • Develop proposal packages, in a timely manner and in accordance with established procedures
  • Provide proposal support including taking an active role in creating contract proposal volumes, supporting fact finding and the negotiation process.
  • Examine estimates of material, equipment services, production costs, performance requirements, and delivery schedules to ensure accuracy and completeness.
  • Working knowledge of balance sheets, income statements and cash forecasting.
  • Collects cost data from functional representatives in a timely manner in accordance with established procedures.
  • Collects cost data from functional representatives in a timely manner in accordance with established procedures.
  • Reviews and examines basis of estimates to ensure quality and completeness
  • Prepares cost reports/proposal volumes and presents findings to management, contract personnel, proposal coordinators, customer representatives, price auditor, vendors and subcontractors.
  • Supports fact finding and negotiations.

Candidates must be able to make sound decisions in a timely manner, display strong interpersonal skills, and have an agile perspective or compliance protocol mandated by regulated industry.

RELOCATION ASSISTANCE IS NOT AVAILABLE FOR THIS REQUISITION.

Basic Qualifications

  • Bachelor’s Degree from an accredited institution in Finance, Accounting, or Business Management with Accounting classes or related; 3 years of professional experience in business management, finance, accounting – OR –Master’s Degree with 1 year professional experience as described above. 
  • Proficiency in MS Office Suite - specifically high level Excel skills (including: the ability to insert pivot tables, Vlookups, and conditional formatting, etc.)
  • Demonstrated leadership, critical thinking and, innovative behaviors in past projects, roles, or experiences
  • The willingness and ability to travel domestically up to 10% of the time.
  • US Citizenship is required.


Preferred Qualifications:

  • Demonstrated strong leadership skills as well as the ability to multi-task in a challenging environment
  • Professional experience in a regulated industry: to include Aerospace & Defense, Insurance, Financial Services and Telecommunications.
  • SAP experience


Salary Range: $65,000 USD - $97,600 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.