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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
Supply Chain - Material Cost Forecasting Integrator

Supply Chain - Material Cost Forecasting Integrator

Lockheed Martin Corporation

Marietta, GA • Hybrid

Other

Posted 5 days ago

Key responsibilities

  • Gather status for supplier deliveries, performance-based payments, service payments, and material deliveries for analysis and reporting purposes.

  • Analyze supplier pricing and provide proposal support.

  • Track and measure material performance and variance to the Estimate at Complete (EAC) and budgets.

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

Who You Are
The AMMM Global Supply Chain (GSC) Material Cost Forecasting Integrator will be primarily responsible for integration, analysis, and reporting of supply chain's direct material forecast and EAC variance.
What You Will Be Doing
Gather status for weekly/monthly/quarterly supplier deliveries to the financial forecast.
Gather status of performance-based payments, service payments and material deliveries for analysis and reporting purposes.
Analyze supplier pricing and proposal support.
Support development of the AMMM GSC Long Range Plan for Cycle I & II.
Track and measure material performance/variance to the Estimate at Complete (EAC).
Assist in the development of proposal target values and track performance.
Track performance to the budgets.
What's In It For You:
From onsite to remote, we offer flexible work schedules to comprehensive benefits investing in your future and security, Learn more about Lockheed Martin's comprehensive benefits package here.
Do you want to be part of a company culture that empowers employees to think big, lead with a growth mindset, and make the impossible a reality? We provide the resources and give you the flexibility to enable inspiration and focus -if you have the passion and courage to dream big, work hard, and have fun doing what you love then we want to build a better tomorrow with you.
Further Information About This Opportunity
Must be a US Citizen. This position is located at a facility that requires special access.
This position is in Marietta, GA Discover Marietta.

What Lockheed Martin employees say

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About Lockheed Martin

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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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