1LMX Cost Accounting Functional Analyst

Posted Yesterday
Be an Early Applicant
6 Locations
In-Office or Remote
105K-244K Annually
Entry level
Aerospace • Security • Cybersecurity • Industrial
The Role
Leads cost accounting process and systems transformation within Lockheed Martin’s 1LMX ERP program. Responsibilities include finalizing functional specifications, writing test scripts, coordinating functional and integration testing, resolving defects, defining business processes and roles, developing end-user training, and tracking implementation plans. Partners with Finance, IT, ERP product teams, value stream leaders, business representatives, consultants, and other business areas to implement SAP or PeopleSoft enterprise application solutions.
Summary Generated by Built In
Standard Job Description

Join Lockheed Martin’s digital transformation journey as we accelerate the OneLM Mission-Driven Transformation through our 1LMX program. This strategic priority is reshaping our operations and business processes to better serve our customers in terms of cost, quality, and capabilities, while delivering the speed, agility, and insights necessary to stay ahead of rapidly-evolving threats.

The Record-to-Report Organization is hiring an ERP Business Analyst Staff that will focus on leading Cost Accounting-related process and systems transformation. This role provides an exciting opportunity to increase knowledge of the inner workings of S4 ERP and how it interacts with the rest of the LM F&BO processes and system landscape.

Your Mission
As the 1LMX Accounting Functional Analyst, you will work closely with the Finance and IT ERP product teams to provide solutions, ensuring that capabilities meet the business requirements. You will be key in implementing the overall 1LMX vision for Finance, capitalizing on best practices, and guiding activities. Your responsibilities will include (but not be limited to) the following:
• Driving all Functional Specifications to finalization
• Testing (Functional Unit Test, String Test, Integration Test, test script writing, organization/ coordination, status tracking and defect resolution)
• Defining Business Process and Business Roles
• Defining and creating End User Training
• Executing 1LMX Planning and Status Tasks

You will also partner with cross-functional teams to implement the tools and processes that were defined in our detail design phase. Critical partnerships include (but are not limited to) the following:
• 1LMX Value Stream Teams and Leadership, both functional and technical
• 1LMX Value Stream Business Area Representatives (VSBARs)
• Other consultant support
• Other Business Area interactions
• 1LMX Leadership

Applies functional knowledge to the design and customization of SAP or PeopleSoft client/server application to meet the company's requirements and systems needs. Understands content, processes, and procedures associated with implementing enterprise applications. Writes functional requirements, develops test plans, and works with production issues. Works with developers to ensure requirements are being met. At higher levels, serves as subject matter expert associated with content, processes, and procedures associated with implementing enterprise applications.

Basic Qualifications

• Experience in financial project leadership
• Deep understanding of the accounting processes and policies
• Experience with financial processes, particularly the implications across F&BO
• Ability to collaborate across BAs and technical/function workstreams
• US citizenship required due to system access

Desired Skills
  • Experience with Cost Accounting, especially in SAP
  • Experience with 1LMX
  • Leadership Development Program

Pay Information

GeoZone Definition: GeoZones are geographic groupings created by Lockheed Martin to align compensation ranges with regional labor markets and cost-of-labor differences across the United States. Locations are assigned a Geo Zone based on the primary work location of the role. 

  • Full-time salary range (GEOZONE 1): $131100.00 - $243500.00 
    • Includes metropolitan areas such as Sunnyvale CA; Pal Alto, CA; New York City metropolitan area; Newark, New Jersey; etc.
  • Full-time salary range (GEOZONE 2): $118000.00 - $219100.00 
    • Includes metropolitan areas such as Denver, CO; King of Prussia, PA; Stratford, CT; Moorestown, NJ; etc.
  • Full-time salary range (GEOZONE 3): $104900.00 - $194700.00
    • Includes metropolitan areas such as Dallas–Fort Worth, TX; Orlando, FL; Grand Prairie, TX; Marietta, GA; etc.
  • Full-time salary range (GEOZONE 4): $94400.00 - $175200.00
    • Includes metropolitan areas such as Camden, AR; Lexington, KY; Ocala, FL; Lufkin, TX; etc. 

At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. 
Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.  

Benefits offered: 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, and 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.
  • For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.

Skills Required

  • Experience in financial project leadership
  • Deep understanding of accounting processes and policies
  • Experience with financial processes, particularly their implications across Finance and Business Operations
  • Ability to collaborate across business areas and technical or functional workstreams
  • US citizenship due to system access requirements
  • Experience with cost accounting, especially in SAP
  • Experience with 1LMX
  • Leadership Development Program experience

Lockheed Martin Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lockheed Martin and has not been reviewed or approved by Lockheed Martin.

  • Retirement Support — Retirement benefits are described as a standout element, with a strong 401(k) program and options like an employee stock purchase plan. Feedback suggests these features meaningfully enhance total compensation and long‑term financial security.
  • Healthcare Strength — Healthcare coverage is portrayed as comprehensive from day one, with multiple plan options, mental health resources, and virtual care. Wellness supports such as on‑site services and preventive programs are also highlighted.
  • Flexible Benefits — Work arrangements often include compressed schedules and telework, contributing to a favorable work‑life balance. Feedback suggests this flexibility is a key reason many view the overall package positively.

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The Company
HQ: Bethesda, MD
108,588 Employees
Year Founded: 1912

What We Do

Customer Focus, Innovation and Purpose are Built Into Everything We Do. Lockheed Martin. Your Mission is Ours ™. Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

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