Internal Auditor, Staff, Financial Mgt

Internal Auditor, Staff, Financial Mgt

Description:

Join Lockheed Martin's Internal Audit (LMIA) team as a Finance & Compliance Auditor and play a key role in evaluating and improving the company's processes, controls, and compliance. As a member of the finance and compliance focus group, you will have the opportunity to work with senior leadership, build relationships with key stakeholders, and contribute to the success of the company's business and strategic objectives.

Responsibilities include

• Conduct financial and compliance audits across Lockheed Martin, identifying and analyzing business risks, exposures, and key performance indicators
• Evaluate business practices and processes, including acquisitions and joint ventures, to ensure compliance with company policies and procedures
• Collaborate with executives to identify and address controls and reporting risks and opportunities for improvement
• Develop and present audit findings and recommendations to senior leadership
• Provide guidance and expertise in areas including
• Regulatory and Compliance topics
• International Trade Controls
• Auditing and accounting principles
• Balance sheet/income statement analysis
• Overhead rate and budget analysis
• Financial planning and cost estimatingWhat's in it for you
• Opportunity to work with multiple business units and functions across the corporation
• Exposure to diverse processes and operations around the world
• Professional development opportunities to enhance your skills and expertise
• Competitive salary adjusted to reflect the geographic location of the selected employee
• Virtual work arrangement with no relocation requiredWork Arrangement
• This position is virtual to corporate headquarters, but requires the selected employee to be located at or near a U.S
• based Lockheed Martin business unit work location-This position is virtual to Corporate headquarters and requires up to 30% travel
• Relocation is not required as individuals travel to the audit assignments-Salary for this position will be adjusted to reflect the salary band for the geographic location of the selected employee
• Learn more about LMIA at tiny.lmco/internalauditBasic Qualifications
• Bachelor's degree from an accredited college in finance, accounting, or a related discipline
• Ability to travel up to approximately 30%

• Business Processes and Controls:

  Knowledge and experience with business operations (i.e., revenue, expenditures, payroll, treasury, budgeting, overhead & rate structures and cost allowability) with their typical functions, common accounting entries, relationship with financial reporting and controls

• Corporate Governance:

  Knowledge and experience around the system of rules and practices the corporation has in place and operates under to provide assurance of the corporation's oversight of management in the critical areas of corporate strategy, risk oversight, leadership development, evaluation, and succession planning, and performance against financial and nonfinancial objectives

• Oral Communication:

  Conveys thoughts and expresses ideas effectively using speech in individual or group situations; tailors communication according to the level and style of the audience or listener; speaks confidently; actively listens to inform an appropriate response

• Written Communication:

  Expresses ideas, thoughts, concepts, and problems clearly and succinctly in writing. Uses correct and appropriate grammar, word choice, and sentence structure

• Analytical and Problem Solving:

  Effective analytical and problem solving skills and abilities for understanding business processes/procedures and their impact on overall company operations

• Team Oriented:

  Demonstrates effective team orientation and able to work in virtual environment

•

Strategic Thinking:

Applies intentional and rational thought process that focuses on the analysis of critical factors and variables that will influence the long-term success of a business, a team, or an individual.

Desired Skills

• Master's degree from an accredited college in finance, accounting, MBA, or a related discipline
• Domain certifications:

CPA, CIA, CFE, CRMA, MBA

• Previous internal and/or external auditing experience
• Preferred candidate would have experience in two or more of the following seven financial and compliance areas:(1)

Government Finance/DFARS Business Systems:

Knowledge of government finance including CAS, FAR, DFARS, GAGAS, incurred cost claims, and contract and indirect rate closure processes. Understands concepts of allowability and allocability of cost to government contracts.(2)

International Accounting and Operations/IFRS:

Knowledge of foreign financial reporting requirements and difference in US GAAP, currency exchange rates, financial reporting verification, taxes, transfer pricing, and currency / contract hedging.(3)

Merger/Acquisitions and Divestiture:

Knowledge of business integration and disengagement activities, assumptions and expectations for due diligence, accounting for business combinations, joint ventures and equity method investments.(4)

SEC and FASB Reporting and Disclosures:

Understanding of all reported financial statements and footnote disclosure requirements. Able to analyze and interpret data from financial statements.(5)

Budget and Planning:

Knowledge and experience in planning, managing, and reporting cost, expenses; knowledgeable in spending, forecasting, and resource planning in order to achieve target budgets.6)

International Trade Controls:

Internationals Trade Controls:

Knowledge and experience with laws and regulations related to International Trace Controls (ITC) and Lockheed Martin's policies and procedures. Demonstrated ability to develop and manage an effective ITC program.(7)

Anti-Corruption/Anti-Bribery:

Knowledge and experience in laws and regulations related to the Foreign Corrupt Practices Act (FCPA) Anti Bribery and Anti

• Corruption. The ability to develop, implement, manage and test an effective FCPA/Anti-Corruption program

• Business Acumen:

  Appropriately applies knowledge and risks of the business and industry in work and decision-making through conceptualizing, applying, analyzing, and/or evaluating information gatd in order to execute a set of objectives or solve a business challenge or develop recommendations

• Professional Judgement:

  Detects business problems, makes decisions, and forms opinions that take into consideration available facts, constraints, and anticipated consequences in allocating time, budget and resourcing
• Identifying Need for

Data and Analytics:

Ability to identify specific and relevant business cases w data and analytics should be applied to inform audit work and audit activities (e.g., risk assessment, engagement planning, fieldwork, ongoing monitoring, non-engagement projects).

Clearance Level:

NoneOther Important Information You Should KnowExpression of Interest:

By applying to this job, you are expressing interest in this position and could be considered for other career opportunities w similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.

Ability to

Work Remotely:

Full-time Remote Telework:

The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.

Work Schedules:

Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees wit... Visit the Employer site for more details