Description: The Banking and AP Controls Manager provides enterprise oversight and end-to-end accountability for the governance, execution integrity, and risk management of banking and payment operations within the Procure to Pay (PTP) function.
The role defines and executes the operating and control strategy for payment processing, supplier master data governance, and Accounts Payable (AP) control activities, ensuring timely, accurate, and compliant PO and non-PO disbursements in alignment with enterprise standards, disbursement schedules, regulatory requirements, and working capital objectives.
The Manager oversees payment verification, reconciliations, exception management, and complex issue resolution, as well as nonstandard and site-specific AP and banking activities, including telecom payments and decentralized locations operating outside the centralized AP model. The role coordinates closely with banking partners and Treasury to ensure settlement accuracy, liquidity alignment, and timely resolution of payment execution issues.
A core accountability is ownership of supplier master data integrity and enforcement of segregation of duties across supplier maintenance, payment execution, and fraud review processes, strengthening preventive and detective controls and reducing exposure to error, misuse, and financial loss.
The role serves as control owner for AP and payment related controls, leading fraud, waste, and abuse oversight, initiating payment holds when required, supporting investigations, and ensuring alignment with SOX, Internal Audit, and external audit requirements to maintain compliance and audit readiness. Leveraging operational metrics, exception reporting, and risk indicators, the Manager proactively identifies control gaps, processing errors, and emerging fraud risks, translating insights into targeted remediation, policy refinement, process redesign, automation, and standardization initiatives that enhance accuracy, cycle time, transparency, and control effectiveness.
The role partners with Invoice Processing, Vendor Inquiries, Supply Chain, IT, and Treasury to translate finance strategy into a resilient and scalable payment operations model and to advance end-to-end PTP transformation priorities.
In addition, the Manager leads and develops staff across payments, controls, and site AP activities, fostering accountability, financial discipline, and operational excellence while strengthening enterprise financial control outcomes and organizational resilience.
Basic Qualifications:
Bachelor's (or higher) in Accounting, Finance, Economics, or a related field.
Strong analytical, problem solving, accounting (US GAAP), and financial analysis skills
Proven leadership experience (including demonstrated Full Spectrum Leadership behaviors); ability to motivate, energize, and build high performing teams in fast paced, high pressure environments
Excellent verbal and written communication; adept at delivering executive level presentations and status updates to senior leadership across the organization.
Demonstrated ability to manage multiple priorities, meet business objectives, and navigate dependencies on external resources.
Track record of rapidly identifying, designing, and implementing new strategies, tools, and improvement initiatives and openness to embracing change.
Direct involvement in large scale financial system migrations
Advanced skills in Excel, Outlook, Word, and PowerPoint; capable of building sophisticated financial models and executive presentations.
Skilled at working across organizational and functional boundaries to achieve results.
Success in dynamic, fast paced team environments; skilled at coordinating team efforts and handling multiple priorities.
US Citizen
Desired Skills:
Proficiency with SAP (including SAP), Audit Board, and other enterprise systems.
Strong understanding DCAA, DCMA, SOX, of IRS regulations, and Government contract @types.
Knowledge of Federal Acquisition Regulations (FAR) and Defense FAR (DFARS).
Proven self starter and quick learner with ability to master new systems and processes.
Strong interpersonal and team building abilities; capable of motivating and energizing team members to deliver quality results
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, Massachusetts, and New York is $122,000 - $211,485. For states not referenced above, the salary range for this position will reflect the candidate's final work location. 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.
This position is incentive plan eligible.
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $106,100 - $187,105. For states not referenced above, the salary range for this position will reflect the candidate's final work location. 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.
This position is incentive plan eligible.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
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: Experienced Professional
Business Unit: ENTERPRISE BUSINESS SERVICES
Relocation Available: No
Career Area: Finance
Type: Full-Time
Shift: First
