Duties & Responsibilities
The cost analyst is responsible for evaluating the financial implications of programs, projects, and acquisitions, by
analyzing costs throughout their life cycle, including development, production, operation, and disposal, to provide
decision-makers with data-driven insights on afford ability and resource allocation, often conducting cost-benefit
analyses to inform critical decisions regarding new weapons systems, force structures, and operational strategies
within the Army.
This position supports FMS cases by developing cost estimates, performing cost analysis, analyzing alternatives, and
supporting acquisition decisions by providing cost information to decision-makers during the acquisition process to
ensure informed choices are made. The candidate develops and updates complex cost models to accurately forecast
future expenses. They will work with program managers, engineers, logicians, and other personnel to gather data and
understand project requirements.
This candidate must have expertise in cost estimating techniques and methods including parametric analysis,
analogous estimating, and detailed cost breakdowns. They must be proficient in using data analysis tools to collect,
analyze, and interpret financial data. They must have strong communication skills. The candidate will create
Independent Government Estimates (IGE) for various programs. The IGE is used during all phases of a program to
include Life Cycle Cost and Total Operating Cost of a Services Acquisition project, as well as more limited estimates
related to a subset of a current contract or even for a contract option period within an overall period of performance.
It is: An aid in achieving best value and shared contract risk; Based on market research; An analysis of reasonable and
required resources to perform the contract; The projected, anticipated, or probable cost/price of a proposed acquisition;
and • A benchmark for establishing cost/price analysis.
Minimum Experience
- Bachelor’s Degree with 20 years or master’s degree with 18
Required Skills
- Creating Independent Government Estimates (IGE)
- Employing cost estimating techniques and methods including parametric analysis, analogous estimating, and detailed cost breakdowns
- Proficiency in using data analysis tools to collect, analyze, and interpret financial data Strong communication skills
Skills Required
- Bachelor's degree with 20 years of experience, or master's degree with 18 years of experience
- Experience creating Independent Government Estimates (IGE)
- Experience using parametric, analogous, and detailed cost-estimating methods
- Proficiency using data analysis tools to collect, analyze, and interpret financial data
- Strong communication skills
What We Do
DigiFlight, Inc. | 856 followers on LinkedIn. DigiFlight, Inc. (DFI), a veteran-owned/minority -owned small business, specializing in providing state-of-the-art acquisition management and technology solutions for all levels of Government and commercial clients. Our management team brings vast expertise in the development and lifecycle management of large scale IT systems including Acquisition Management, System Engineering, Test and Evaluation
