Entry Level Risk Management Analyst Jobs in Washington

RELOCATION ASSISTANCE: No relocation assistance available
CLEARANCE REQUIRED FOR START: Yes
CLEARANCE TYPE: Secret
TRAVEL: Yes, 10% of the TimeDescription
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 Mission Systems is a trusted provider of mission-enabling solutions for global security. We have a wide portfolio of secure, affordable, integrated, and multi-domain systems and technologies. Our differentiated battle management and cyber solutions deliver timely, mission-enabling information and provide superior situational awareness and understanding to protect the U.S. and its global allies.
We are looking for you to join our team as a Business Management Analyst based out of Linthicum, MD. This is an onsite position that offers the 9/80 schedule.
What You'll get to Do:
Northrop Grumman is seeking experienced and motivated professionals for various early career roles within our Business Management organization. The focus of the role will vary depending on the specific organization to which you are hired: Program Cost Control, Pricing, Rates & Budgets, or Financial Planning.
The Business Management Analyst will interface with Program Managers, Control Account Managers (CAM), and Business Managers to provide analysis on program performance. This role will work cooperatively with business, functional, and technical staff to support cost estimate development, invoicing, customer proposals, negotiations, and various audits.
Roles and responsibilities will vary slightly depending on specific position, program, or business unit to which you are assigned:

• Generate program performance measurement baselines (PMB) and implement approved changes
• Perform analyses and prepare reports to ensure program contracts are within negotiated, agreed-upon parameters, government cost control guidelines, and accounting guidelines
• Perform analyses and prepare program financial reports for internal and external customers relative to program cost incurrence, material tracking, and labor spending
• Identify and mitigate program cost and schedule risk
• Coordinate and prepare program financial forecasting and reporting, the Annual Operating Plan (AOP), and the Labor Resource Plan
• Monitor indirect budget and/or rate performance against plan including monthly reporting requirements (actuals, absorption, forecasting) to budget owners, internal management, and/or DCMA/DCAA
• Review and analyze actual variance drivers and assist with corrective action planning
• Prepare Annual Rate Submission/Forward Pricing Rate Proposal
• Facilitate, monitor, and forecast program financing mechanisms including Accounts Receivable, Advanced Payments, and Performance Based Payments
• Support program audits, reviews, and fact-finding as requested by program customers, audit agencies, and company management
• Support program cost estimate development, customer proposals, and negotiation
• Perform Earned Value Management (EVM) tasks including developing the Work Breakdown Structure (WBS) and performance measurement baseline (PMB), monitoring and analyzing the Estimate to Complete (ETC), Estimate at Complete (EAC), significant variances, risk management reserve (MR), and financial reserve (FR), and preparing of internal and external status reports

Basic Qualifications:

• Bachelor's degree in Business Administration (Accounting, Economics, Finance, Management, Marketing, etc.) or Business adjacent degree (Mathematics, Risk Management) from an accredited institution with a minimum of 2 years of relevant financial work experience.
• Proficiency in MS Office Suite, specifically a high level of proficiency in Microsoft Excel (pivot tables, lookups, chart generation or VBA macros.)
• US Citizenship Required
• Current, active U.S. Government Secret level security clearance is required

Preferred Qualifications:

• SAP or similar ERP software experience
• COGNOS
• Understanding of Government Contractual and Finance Compliance
• Understanding of budgets, rates and forecasting
• Earned Value Management customer reporting, MPM, or COBRA experience.
• Professional experience in a regulated industry such as Aerospace & Defense, Insurance, Financial Services, or Telecommunications.

What We Can Offer You
Northrop Grumman provides a comprehensive benefits package and a work environment which encourages your growth and supports the mutual success of our people and our company. Northrop Grumman benefits give you the flexibility and control to choose the benefits that make the most sense for you and your family.
Your benefits will include the following: Health Plan, Savings Plan, Paid Time Off and Additional Benefits including Education Assistance, Training and Development, 9/80 Work Schedule (where available), and much more!
MSBSMG
Primary Level Salary Range: $72,400.00 - $108,600.00
The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.
Depending on the position, employees may be eligible for overtime, shift differential, and 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 application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.
Northrop Grumman is an Equal Opportunity 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 and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.