Business Management & Administration, Finance/Accounting
4 Year Degree
Description: Virtually work with senior Trade Finance Analysts to manage letter of credit accounting and to develop financial concepts and related contract terms literacy, to support letter of credit and corporate guaranty issuances. Position offers growth to work with the LM business units directly to support their mission goals and assume management of critical tasks.
Immediate Areas of Responsibility include but are not limited to:
Review, track and process all invoices timely. Identify and resolve billing discrepancies. Process issuances of financial instruments and related amendments; maintain the databases. Support Treasury’s Sarbanes-Oxley review and testing process. Support quarter and year end reporting requirements. Update SharePoint files. Support Trade Finance team by working to identify and understand letter of credit and/or corporate guaranty requirements. Support other areas of Treasury as needed.
Areas of Responsibility after position growth include but are not limited to:
Process quarter and year end reporting requirements. Support Treasury and Trade Finance team’s management of bank relationships by negotiating pricing and tracking bank responses. Support Trade Finance team by reviewing proposed terms and conditions for commercial and direct commercial (international governments) contracts and propose edits, as necessary, to facilitate payment(s), financial instruments and mitigate financial risk. Support Trade Finance team by assisting with review and drafting of documentary letters of credit (“Doc L/Cs”), standby letters of credit (“SBLCs”) and corporate guaranty formats to be included as attachments in proposals and negotiated contracts. Support Trade Finance team by assisting with review of changes to proposed financial instruments and related contract terms. Assist with review of SBLC liquidation, payment, milestone or delivery schedules and documents that may be required for purposes of drafting and negotiating the Doc L/Cs, SBLCs and/or corporate guaranties. Make oral group presentations on Trade Finance concepts.
Basic qualifications (BQ’s) are the minimum requirements for a candidate to be considered for a position, 3 to 5 BQs are most effective.
Basic Qualifications :
Minimum of 2 years knowledge of SAP and experience working in the SAP application or similar application.
Intermediate Microsoft Office proficiency (Word, Excel, Outlook, PowerPoint, Access).
Bachelor’s degree from an accredited college in a related discipline, or equivalent experience/combined education. Minimum of 2 years knowledge of commercial and direct commercial contracts (international governments). Proficient Mathematic skills; arithmetic and computing ratios, rates and percentages.
Experience processing invoices and ability to learn invoice terminology.
Employee will telework > = 50%
Internal Number: 567629BR
About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 115,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Lockheed Martin is led by Jim Taiclet, Chairman, President and Chief Executive Officer.
Our Mission: We solve complex challenges, advance scientific discovery and deliver innovative solutions to help our customers keep people safe and provide them essential services.
Our Vision: Be the global leader in supporting our customers to strengthen global security, deliver citizen services, and advance scientific discovery.
Do What's Right
Perform With Excellence
CUSTOMER BASE: As a global security, aerospace, and information technology company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and the U.S. federal government agencies. In fact, Lockheed Martin is the largest provider of IT services, systems integration, and training to the U.S. Government. The remaining portion of Lockheed Martin's business is comprised of international government and some commercial sales of our products, services and platforms.