Director 2 Strategic Cost Management
Northrop Grumman · Falls Church, VA · 3 days ago
On-siteBusiness Development$220k–$330k/yrFull-time
Key Responsibilities
- 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.
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%).
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.