Accounting Asc - E1

Summary

Lockheed Martin is a global aerospace and defense company. This position supports the Orders to Cash organization through collections, cash applications, cash forecasting insights, metrics tracking, reporting, and continuous improvement. The role also manages cash applications, analyzes accounting transactions, supports financial controls and audits, and prepares financial reports and reconciliations.

Responsibilities

• Responsibilities encompass metrics tracking, analysis reporting, continuous improvement initiatives, data preparation, and interpretation
• The position involves direct interaction with key customers to provide valuable feedback and data for informed business decisions, analyzing collection results, discussing results/driving factors with management, and devising and executing action plans for identified deficiencies are key responsibilities
• Managing cash applications for the Lockheed Martin Aeronautics business area is central to this role, requiring close collaboration with billing, program finance, contracts, business operations, and cash planners monthly to achieve cash targets
• Strong interpersonal and communication skills are essential, alongside the ability to analyze and resolve accounting transactions and balances accurately
• While the core work follows a cyclical schedule, the role also demands adaptability to new processes and a commitment to delivering high quality work, embracing evolving technology in a complex financial landscape is crucial
• Ensuring compliance with required financial controls and supporting audits as necessary are additional responsibilities
• Applies principles of accounting to analyze financial information, process financial transactions, analyze cost and prepare financial reports
• Maintains or oversees the control of accounts and records in such areas as disbursements, expenses, tax payments, income, cash, accounts payable, accounts receivables, billing, fixed assets, liabilities
• Compiles and analyzes financial information to record transactions, prepare reports, perform reconciliations and review and verify accuracy
• Prepares balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports
• May design, modify, install, and/or maintain accounting and financial information systems to ensure an adequate recognition of financial transactions
• Responsible for the adherence to and communication of accounting and auditing policies and procedures, regulatory compliance and government regulations and reporting
• May be required to interface with various government agencies

Skills

• Finance, Accounting, Economics or related degree/experience
• Effective communication and organization skills
• Teamwork skills and ability to work autonomously with limited supervision
• Program requirements necessitate US Citizenship
• Knowledge and experience with SAP, or similar accounting systems
• Proficiency with Microsoft Office Applications - Excel (formulas, pivot tables, data analysis), Outlook, OneNote, and PowerPoint
• Knowledge and adaptability to integrate AI platforms to recurring job duties

Qualifications

Must Haves

• Finance, Accounting, Economics or related degree/experience
• Effective communication and organization skills
• Teamwork skills and ability to work autonomously with limited supervision
• Program requirements necessitate US Citizenship

Nice to Haves

• Knowledge and experience with SAP, or similar accounting systems
• Proficiency with Microsoft Office Applications - Excel (formulas, pivot tables, data analysis), Outlook, OneNote, and PowerPoint
• Knowledge and adaptability to integrate AI platforms to recurring job duties

Benefits

• Medical
• Dental
• Vision
• Flexible work arrangements and schedules (e.g., 4x10)
• 401(k) match
• Paid time off
• Holidays
• Parental Leave
• EAP
• Flexible Spending Accounts
• Education Assistance
• Life Insurance
• Short-Term Disability
• Long-Term Disability
• Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.