Director 2 Strategic Cost Management

Reposted 15 Hours Ago
Be an Early Applicant
Falls Church, VA, USA
In-Office
220K-330K Annually
Expert/Leader
Aerospace • Logistics • Security • Software • Cybersecurity
The Role
Lead creation of a Cost Management Office to drive enterprise cost reduction and efficiency. Develop multi-year cost‑reduction roadmaps, identify and prioritize high‑impact initiatives, establish metrics and continuous monitoring, partner with supply chain and business leaders, and prepare executive presentations and reporting to realize and track savings.
Summary Generated by Built In
RELOCATION ASSISTANCE: No relocation assistance available

CLEARANCE REQUIRED FOR START: No

CLEARANCE TYPE: Secret

TRAVEL: Yes, 25% of the TimeDescription

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 seeking a Director of Strategic Cost Management for its Falls Church, Virginia location. Candidates will need to be within commuting distance of Falls Church to allow for periodic meetings to our Corporate headquarters. This role will allow for some telecommuting if candidates are within commutable distance to Falls Church.

This leader will create a Cost Management Office that is responsible for establishing a clear, disciplined path to improving efficiency while enabling continued investment in the company’s most critical priorities.  The Cost Management Office will be focused on improving affordability, strengthening competitiveness, and ensuring sustained investment in mission-critical programs and future capabilities.  Reporting to the Vice President of Strategic Cost Management and Operations, this role will partner with leaders across the business to identify, quantify, and realize cost‑saving opportunities with a focus on cost transparency, resource allocation, and functional accountability.   

Key Responsibilities

  • Strategic Cost Optimization

    • Develop and execute a multi‑year cost‑reduction/elimination roadmap aligned with enterprise financial targets.

    • Identify high‑impact cost‑saving initiatives and prioritize based on ROI and risk.

    • Partner with leaders across the enterprise to translate cost‑optimization concepts into actionable solutions, including common technologies.

    • Drive efficiency in organization structure and layers.

    • Partner with Global Supply Chain to optimize supplier productivity.

  • Metrics & Measurement

    • Provide enterprise-wide cost transparency (by function, activity, and unit cost) to enable decision making

    • Define a comprehensive set of financial and operational metrics to benchmark spend and identify opportunities for cost efficiency                                     

    • Establish a continuous‑monitoring framework to capture realized savings, track cost trends, and forecast future spend.

  • Stakeholder Collaboration

    • Serve as the primary liaison between Corporation and Sector leaders to facilitate data‑driven decision‑making and implement common processes and tools to track cost.

  • Reporting & Communication

    • Prepare executive‑level presentations, financial models, and business cases for cost‑optimization initiatives.

    • Maintain a transparent repository of cost‑saving initiatives, assumptions, and outcomes accessible to senior leadership.

    • Provide recurring status updates on cost reduction initiatives to Corporate and Sector leaders

Basic Requirements:

  • Bachelor’s degree in Finance, Accounting, Business Management and a minimum of 15 years of financial leadership experience.

  • Prior experience leading enterprise strategic cost management programs.

  • Ability and experience in navigating cross functionally.

  • Understanding of business process and systems and their impact on cost structure.

  • Some travel is required (10-25%).

  • US Citizenship and the ability to obtain a DoD clearance in a reasonable amount of time following hire.

Preferred Qualifications:

  • Creative thinking to solve resource challenges for large programs or products.

  • Comfortable making recommendations that have broad organizational impacts.

  • Experience managing supplier relationships

  • Extensive experience in manufacturing is preferred.

Primary Level Salary Range: $220,100.00 - $330,100.00

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.

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.

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 an Equal Opportunity 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 and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

Skills Required

  • Bachelor's degree in Finance, Accounting, or Business Management
  • Minimum of 15 years of financial leadership experience
  • Prior experience leading enterprise strategic cost management programs
  • Ability and experience navigating cross‑functional organizations
  • Understanding of business processes and systems and their impact on cost structure
  • Some travel required (10-25%)
  • U.S. Citizenship and ability to obtain a DoD clearance in a reasonable time following hire
  • Located within commuting distance of Falls Church, VA for periodic HQ meetings
  • Creative thinking to solve resource challenges for large programs or products
  • Comfortable making recommendations that have broad organizational impacts
  • Experience managing supplier relationships

Northrop Grumman Compensation & Benefits Highlights

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

  • Retirement Support 401(k) matching is considered strong, with additional defined-benefit coverage for certain cohorts and options like catch-up contributions. Retirement programs are repeatedly highlighted as a core strength of the total rewards.
  • Leave & Time Off Breadth PTO, company-paid holidays, and compressed work schedules (such as 9/80) provide meaningful time away and flexibility. These scheduling options are cited as a major quality-of-life benefit across many locations.
  • Parental & Family Support Paid parental leave alongside caregiver leave, adoption assistance, and back-up care supports a range of family needs. These programs have been expanded recently, signaling continued investment in family support.

Northrop Grumman Insights

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The Company
HQ: Charlotte, North Carolina
85,636 Employees

What We Do

We are a close-knit community of big thinkers collaborating to keep the world safe. Our passion, creativity and expertise bring next-level technology solutions to life in autonomous systems, cyber, C4ISR, strike, space, and logistics and modernization for our customers around the globe. On the Northrop Grumman team, you’ll join our pursuit of excellence immersed in a dynamic culture of innovation and respect. Your unique perspective will help achieve our shared vision for the future of global security. Every step of the way, you'll be supported by world-class training, employee resource groups and a comprehensive benefits package that enables greater health and happiness for you and your family. Worldwide and across disciplines, we’re challenging what’s possible for technology to protect people and places from undersea to outer space and into cyberspace. And we see the impact of our performance every day. We are Northrop Grumman, and we work on what matters—now, you too can make a difference. Explore opportunities in engineering, IT, manufacturing, business management, cybersecurity and more with us. Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer.

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