Budget Analyst

Budget Analyst

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.

The Budget Analyst will coordinate and manage budgeting efforts for operational activities, ensuring accurate and timely financial reporting. This role is responsible for maintaining compliance with the Federal Acquisition Regulation (FAR), Cost Accounting Standards (CAS), and internal corporate procedures. As a member of the Advanced Weapons Rates and Budgets team, the analyst will serve as a key liaison to Business Unit (BU) and Division Leadership, producing high‑quality financial analyses, forecasts, and performance dashboards.

Duties include but are not limited to:

Budget Coordination & Development

• Maintain, and update multi‑year budget plans for operational overhead expenditures.
• Consolidate input from budget owners, validate assumptions, and ensure alignment with strategic goals.
• Track actuals versus budget, identify variances, and recommend corrective actions.

Financial Reporting

• Prepare monthly, quarterly, and annual budget reports for BU Leadership and budgetary stakeholders.
• Produce detailed cost analysis, identify variance drivers, collaborate with budget owners to return to green, and escalate issues to management as appropriate.

Compliance & Controls

• Ensure proposed and actual spending meet FAR and CAS requirements as well as corporate audit standards.
• Document compliance findings and support internal and external auditors.
• Maintain accurate records of cost allocation, budgetary approvals, and key decision points to be provided as artifacts in the event of an audit.

Stakeholder Communication

• Serve as the primary point of contact for budget‑related inquiries from budget owners and corporate partners.
• Facilitate budget review meetings, present findings, and address questions promptly.

Data Visualization & Dashboard Development

• Design, build, and maintain interactive dashboards using Power BI, Tableau, or similar software to provide into budget performance.
• Translate complex data sets into clear, actionable visual insights for senior leadership.

Process Improvement

• Identify opportunities to streamline budgeting processes, enhance data integrity, and reduce cycle time.
• Lead or contribute to finance‑wide initiatives aimed at increasing analytical capability and reporting efficiency.

Basic Qualifications

• 2 years of experience with Bachelors, or Masters or 6 years of direct experience in lieu of degree with High School Diploma or equivalent.
• Proficiency with MS Office (Excel, PowerPoint, Word, Teams).
• Experience developing and managing budgets in a highly regulated environment
• Strong written and verbal communication; ability to convey financial concepts to non‑technical audiences.

Preferred Qualifications

• Prior experience building and implementing financial dashboards in Power BI, Tableau, or similar software.
• Prior experience managing fixed asset projects and depreciation forecasts.
• Ability to combine disparate sources of information into consolidated datasets for use in analysis and visualization building.
• Experience with Power Query (ETL)

Primary Level Salary Range: $69,000.00 - $103,400.00The 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.