Job ID: 670831BR Date posted: Sep. 24, 2024 Program: Chapter Next Returnship
Description:Chapter Next – Let Lockheed Martin be the next step in your Journey Back to the workforce!
Have you taken some extended time away from your career in support of family or personal obligations? At Lockheed Martin Rotary and Mission Systems (RMS), we understand that sometimes we must pause our professional life to support our family and loved ones. After stepping away from the workplace to care for children, aging parents or other family obligations, the road to return to work can be challenging, and at times intimidating. This is where Chapter Next can be part of your solution.
Chapter Next is a 12-16 week paid returnship hosted by RMS. Candidates who have taken a professional career hiatus for at least 1+ years will be eligible to apply to this program.
During this returnship participants will become part of a community of similarly experienced professionals with challenging work scopes that contribute to the great innovation produced by Lockheed Martin! Selected candidates will be exposed to comprehensive training, professional development opportunities, networking opportunities, and individual based mentoring
Our goal is to provide the fundamental tools needed to be successful in your career field, and to potentially prepare you for an opportunity to join Lockheed Martin full-time. Fields of focus will be diverse across the program and include functional and technical opportunities.

This returnship position is Specialty Engineering - Technical Cost Analyst and is a fully virtual role.

Technical Cost Management - applies its unique and powerful combination of analytical and technical skills to increase RMS revenue and profit growth. Technical Cost integrates and synthesizes data from diverse sources to drive extraordinary business results. We exist to change the cost / value curve at RMS. Here are some expectations you should have about this position.
1.      Manage yourself and your relationships with your colleagues while working on multiple simultaneous projects with large numbers of participants; [Effectively manage oneself, one’s time, relationships, and projects, 10%]
2.      Use multiple digital systems to gather, manipulate and record data; [use databases, business intelligence, accounting and ERP / MRP software, 15%]
3.      When you cannot find the data that you need on a computer, track down the people who can answer your questions, and convince them to help you; [apply investigatory abilities and practices, build social networks, 15%]
4.      Build and document models that accurately forecast many different types of costs for RMS’s products, based on the data that you collect; [create detailed, accurate, and supported financial models, 25%]
5.      Write documentation that explains your models, consistently document process, and create audience-appropriate presentations; [communicate clearly and concisely, 15%]
6.      Make your (and your team members’) cost models accessible to others by building and testing prototypes (in Excel or another tool) of web interfaces; [Digitally transform your and the team’s work, 15%]
7.      Other duties as needed or required; [make life easier and better for your coworkers, 10%].
Projects: Technical Evaluations, Should Costs, Cost Modelling
Basic Qualifications:
1. Prior experience working in any combination of the following disciplines: Electrical Engineering, Mechanical Engineering, Manufacturing Engineering, Industrial Engineering, Materials Engineering, Aerospace Engineering, Procurement, Production Operations, Manufacturing, Data Analytics, Data Science, or other similar disciplines.
2. Demonstrated experience learning how to use complex cost modeling software to create detailed cost models like SEER (bottoms-up) or TruePlanning (Parametric top down)
3. Familiarity with COTs CAD software like Creo, Catia V5, 3DX (Catia V6) and/or experience reading engineering drawings or blueprints
4. Experience using full suite of MS Office tools (Excel, Word, PowerPoint).
5. Demonstrated experience making data-driven decisions and performing data analysis using tools like Excel, MATLAB, or Tableau to recommend or implement solutions
Desired Skills:
1. Advanced engineering / systems thinking – you’ve got numeric skills, the ability to visualize or otherwise understand complex systems. You can analyze 2nd or 3rd order effects. You might have completed coursework or have a degree in engineering, applied physics or some other similar discipline.

2. Statistical capability – you understand descriptive statistics very well and have had prior projects that had significant statistical components. You may have completed coursework in statistics, either theoretical or applied.

3. Familiarity with accounting – You understand the purpose and the problems associated with overhead allocation. You might have completed coursework or have a degree in accounting or business administration.

4. Information management - you have formal experience in the science of arranging, structuring, and displaying information. You might have experience in user interface design, or you might have an advanced degree in library science, information science or a similar discipline.

5. Qualitative data - you have experience or interest in a discipline such as history, anthropology, or sociology that requires the assimilation and integration of large amounts of qualitative information, marshaled to support or contradict a hypothesis.
Clearance Level: None
Other Important Information You Should Know
Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where 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 with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 4x10 hour day, 3 days off per week
Pay Rate:
The annual base salary range for this position in most major metropolitan areas in California and New York is $55,810 - $101,100. Please note that the salary information 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 and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
Pay Rate:
The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Washington or Washington DC is $48,500 - $93,010 . Please note that the salary information 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 and business considerations when extending an offer.

Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(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.
Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.

With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.

If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Experience Level: Hourly/Non-Exempt
Business Unit: RMS
Relocation Available: No
Career Area: Systems Engineering: Specialty Engineering
Type: Part-Time
Shift: First