Principal Accountant
Principal Accountant
Full Job Description
Requisition ID: R10178885
• Category: Business Management
• Location: Irving, Texas, United States of America | Redondo Beach, California, United States of America | Melbourne, Florida, United States of America | Indianapolis, Indiana, United States of America | Falls Church, Virginia, United States of America
• Clearance Type: None
• Telecommute: Yes-May consider hybrid teleworking for this position
• Shift: 1st Shift (United States of America)
• Travel Required: Yes, 10% of the Time
• Positions Available: 1
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 looking for a Principal Accountant in one of several locations: Irving, Texas, Bloomington, Minnesota, Melbourne, Floria, Redondo Beach, California or Falls Church, Virginia. Candidates must be within commuting distance of one of these locations and able to work in the office several days of the week.
This position does not offer a full-time telecommuting arrangement.
Roles and responsibilities of the Principal Accountant will include (but not be limited to) the following:
• Perform monthly capitalization and depreciation processes.
• Process project capitalization requests utilizing the standard asset capitalization form.
• Review supporting documentation to ensure cost meets the capital criteria per accounting rules, company policy and guidelines.
• Reconcile total project cost upon project completion.
• Prepare Capitalized Interest Expense (CIE) calculations and journal entries and ensure they are made in accordance with GAAP and have proper supporting documentation.
• Monitor monthly CIE run in SAP.
• Process settlement for capitalizations.
• Review and disposition projects lag cost on a quarterly basis.
• Prepare fixed asset financial reports for various sectors.
• Prepare depreciation forecasts & related depreciation reports.
• Perform asset transfers, retirements & disposals.
• Perform quarterly general ledger account reconciliations for fixed assets accounts using Blackline.
• Develop good working relationship with sectors to understand their capitalization practices.
• Research accounting rules for special capitalization situations.
• Respond to internal/external inquiries, for Tax & Audit and provide audit support for capital assets.
• Identify and assist in implementing process improvements.
• Interface with internal and external customers.
• Participate in special projects as needed.
Basic Qualifications:
• Bachelor's degree in Accounting, Finance or related discipline with a minimum of 5 years in accounting or finance work experience.
• Proficiency in MS Office Suite - specifically high-level Excel skills (including: the ability to insert pivot tables, Vlookup, and conditional formatting, etc.).
• Experience with SAP S4 HANA and Asset Management (AM) module.
• Work effectively with geographically dispersed team and customer.
• Proven ability to multi-task, produce quality results, and consistently meet deadlines.
Salary Range: $79,100 - $118,700
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.
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 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 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. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.
• Category: Business Management
• Location: Irving, Texas, United States of America | Redondo Beach, California, United States of America | Melbourne, Florida, United States of America | Indianapolis, Indiana, United States of America | Falls Church, Virginia, United States of America
• Clearance Type: None
• Telecommute: Yes-May consider hybrid teleworking for this position
• Shift: 1st Shift (United States of America)
• Travel Required: Yes, 10% of the Time
• Positions Available: 1
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 looking for a Principal Accountant in one of several locations: Irving, Texas, Bloomington, Minnesota, Melbourne, Floria, Redondo Beach, California or Falls Church, Virginia. Candidates must be within commuting distance of one of these locations and able to work in the office several days of the week.
This position does not offer a full-time telecommuting arrangement.
Roles and responsibilities of the Principal Accountant will include (but not be limited to) the following:
• Perform monthly capitalization and depreciation processes.
• Process project capitalization requests utilizing the standard asset capitalization form.
• Review supporting documentation to ensure cost meets the capital criteria per accounting rules, company policy and guidelines.
• Reconcile total project cost upon project completion.
• Prepare Capitalized Interest Expense (CIE) calculations and journal entries and ensure they are made in accordance with GAAP and have proper supporting documentation.
• Monitor monthly CIE run in SAP.
• Process settlement for capitalizations.
• Review and disposition projects lag cost on a quarterly basis.
• Prepare fixed asset financial reports for various sectors.
• Prepare depreciation forecasts & related depreciation reports.
• Perform asset transfers, retirements & disposals.
• Perform quarterly general ledger account reconciliations for fixed assets accounts using Blackline.
• Develop good working relationship with sectors to understand their capitalization practices.
• Research accounting rules for special capitalization situations.
• Respond to internal/external inquiries, for Tax & Audit and provide audit support for capital assets.
• Identify and assist in implementing process improvements.
• Interface with internal and external customers.
• Participate in special projects as needed.
Basic Qualifications:
• Bachelor's degree in Accounting, Finance or related discipline with a minimum of 5 years in accounting or finance work experience.
• Proficiency in MS Office Suite - specifically high-level Excel skills (including: the ability to insert pivot tables, Vlookup, and conditional formatting, etc.).
• Experience with SAP S4 HANA and Asset Management (AM) module.
• Work effectively with geographically dispersed team and customer.
• Proven ability to multi-task, produce quality results, and consistently meet deadlines.
Salary Range: $79,100 - $118,700
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.
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 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 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. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.
Job Information
Job Category:
Management
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