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What are some of the primary challenges faced by finance professionals at Lockheed Martin, and how can new hires prepare for them?

Finance professionals at Lockheed Martin often work on complex projects that require a deep understanding of government contracts, compliance regulations, and long-term budgeting. One common challenge is managing budgets and forecasts for large-scale, multi-year defense projects while ensuring strict adherence to federal acquisition regulations. New hires can prepare by developing strong analytical and communication skills, familiarizing themselves with government contracting basics, and being ready to collaborate closely with engineering, program management, and legal teams. Lockheed Martin also encourages continuous learning and offers training resources to help employees stay current with industry standards.

What is the difference between Lockheed Finance vs Lockheed Accounting?

AspectLockheed FinanceLockheed Accounting
Required CredentialsBachelor's in Finance, CPA optionalBachelor's in Accounting, CPA preferred
Work EnvironmentFinancial planning, budgeting, analysisFinancial record keeping, compliance, audits
Employer & Industry UsageUsed across finance departments for strategic decisionsUsed for financial reporting and regulatory compliance

Lockheed Finance focuses on financial planning, analysis, and budgeting to support strategic decisions, while Lockheed Accounting handles financial record-keeping, compliance, and audits. Both roles are essential in the finance department but serve different functions within Lockheed's operations.

What is Lockheed Finance?

Lockheed Finance refers to the finance department or roles within Lockheed Martin, a leading global aerospace, defense, and security company. Professionals in Lockheed Finance manage budgeting, forecasting, financial analysis, accounting, and compliance to ensure the company meets its financial objectives. They work closely with other departments to support strategic decision-making, government contracting requirements, and financial reporting. These roles require strong analytical skills, attention to detail, and knowledge of industry-specific regulations.

What are the key skills and qualifications needed to thrive as a finance professional at Lockheed Martin, and why are they important?

To thrive as a finance professional at Lockheed Martin, you need a strong background in accounting, financial analysis, and budgeting, typically backed by a finance or accounting degree. Familiarity with enterprise resource planning (ERP) systems, data analysis tools like Excel, and government compliance systems such as SAP or Costpoint is often required. Strong attention to detail, analytical thinking, and effective communication are crucial soft skills for this role. These skills and qualifications ensure accurate financial reporting, compliance with strict regulations, and informed decision-making in a highly regulated, complex environment.
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What cities in Georgia are hiring for Lockheed Finance jobs? Cities in Georgia with the most Lockheed Finance job openings:
Lockheed Finance jobs near you
Program Financial Analyst - Early Career

Program Financial Analyst - Early Career

Lockheed Martin Corporation

Marietta, GA • On-site

Other

Posted 19 days ago

Lockheed Martin rating

8.2

Company rating: 8.2 out of 10

Based on 387 frontline employees who took The Breakroom Quiz

30th of 60 rated aerospace companies

Job description

At Lockheed Martin we keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work. With our employees as our priority, we provide career opportunities designed to propel development and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. This is a place for engineers, scientists, and problem-solvers who are ready to engage deeply, think critically, and build with purpose. You will not just launch a career. You will be part of something bigger. This is where the best are built.
Lockheed Martin Aeronautics is seeking a Financial Management Analyst position to support the Advanced Development Programs (ADP) Program Finance team. In this role, you will be supporting a multitude of program finance functions including: establishing / managing program Performance Measurement Baselines (PMB), analysis and reconciliation of actual costs, development of Estimates at Complete (EAC), and conducting Earned Value analysis and reporting.
Key Responsibilities
  • S
    • upport the Advanced Development Programs (ADP) Program Finance team as a Financial Management Analyst.
  • E
    • stablish, maintain, and manage Program Performance Measurement Baselines (PMB).
  • A
    • nalyze and reconcile actual program costs to ensure accuracy and compliance.
  • D
    • evelop and update Estimates at Complete (EAC).
  • P
    • erform Earned Value Management (EVM) analysis and support required reporting.
  • A
    • llocate program costs in accordance with program structure and financial guidelines.
  • M
    • onitor and control program costs, identifying variances and trends.
  • P
    • repare and deliver financial performance reports for internal stakeholders.
  • S
    • upport preparation of contractual financial deliverables.
  • P
    • artner with program managers and cross-functional teams to support financial decision-making.
    Must be a US Citizen; this position will require a government security clearance. This position is located at a facility that requires special access.
    This position is in Marietta, GA Discover Marietta.
    AeroBusiness #AeroBusiness

    What Lockheed Martin employees say

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    About Lockheed Martin

    Sourced by ZipRecruiter

    As a global security and aerospace company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government agencies.The remaining portion of Lockheed Martin's business is comprised of international government and commercial sales of products, services and platforms.

    Industry

    Manufacturing

    Company size

    10,000+ Employees

    Headquarters location

    Bethesda, MD, US

    Year founded

    1912

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