Price Cost Analyst 2/3

Posted 24 Days Ago
Be an Early Applicant
United States of America
62K-115K Annually
Junior
Aerospace • Logistics • Security • Software • Cybersecurity
The Role
The Price/Cost Analyst will analyze subcontract and procurement cost proposals, develop cost models, evaluate supplier prices, support negotiations, and prepare detailed reports for management. Additional responsibilities include compliance evaluations, market research, and participation in supplier negotiations to ensure cost reasonableness and support procurement activities.
Summary Generated by Built In

RELOCATION ASSISTANCE: Relocation assistance may be available

CLEARANCE TYPE: None

TRAVEL: Yes, 10% of the Time

Description

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.

The Northrop Grumman Aeronautics Systems sector is seeking a Price/Cost Analyst 2/3 to join our growing team of diverse professionals. This position is located in Melbourne, Florida with partial teleworking available.

The selected candidate will be responsible for the Price/Cost Analysis of major Subcontracts and General Procurement cost proposals in support of ongoing activities as well as prime proposal activities.

Essential Functions:

Responsible for supporting Price/Cost Team, who support both prime and supplier acquisitions.

Responsibilities include but are not limited to:

  • Develops cost models to support supplier proposal analysis and negotiation efforts

  • Confers with suppliers and analyzes suppliers' operations to determine factors that affect prices and performs cost analysis and audit of supplier proposal for reasonableness of cost and/or price

  • Interfaces with responsible engineers regarding the integration of technical evaluations into the cost analysis when appropriate

  • Compiles data and develops an objective cost analysis position to support ongoing procurements and/or the Supply Chain prime proposal cost estimate. Prepares Price/Cost Analysis Reports (PCAR) and presentations illustrating summary review of the evaluations

  • Summarizes evaluation findings and makes recommendations to Global Supply Chain (GSC) Business Management and Program Management. Provide negotiation support throughout the subcontract definition process

  • Evaluates Supplier proposals for compliance to Federal Acquisition Regulation (FAR) Part 15 Table 15-2 requirements and prepares and provides written supplier Price/Cost Analysis Reports (PCARs) detailing and evaluating the suppliers’ price/cost proposal

  • Participates in fact-finding sessions via telecom or at supplier’s site

  • Requests and obtains DCAA Assist Audits where applicable

  • Establishes supplier proposed vs. negotiation objective positions by major element of cost to attain formal Supply Chain Management approval for supplier negotiations

  • May participate in supplier negotiations

  • Maintains all records and supporting data used and provided in support of proposals

  • Conducts market research, analyze historical data, and develop cost estimating models and factors to evaluate price reasonableness and develop negotiation positions

  • Supports the reviews and evaluation of Subcontractor claims of “Commerciality” and Commercial Item Determinations based on Market Research and supplier support

  • Supports GSC pricing and estimating activities both during the proposal phase and in post award execution

  • Performs cost estimating/pricing duties and analysis in accordance with recognized industry best practices, specific solicitation, and customer requirements, and in full compliance with USG regulatory requirements

  • Prepares and supports presentation and approval of materiel estimates at the required value level as part of the proposal team

  • Supports Defense Contract Audit Agency (DCAA) Proposal and Estimating System Audits and Defense Contract Management Agency (DCMA) Purchasing System Audits as required

  • Provides Make/Buy Analysis Support

This position may be filled as either a level 2 Price/Cost Analyst or a level 3 Principal Price/Cost Analyst.

Basic Qualifications for a level 2:

  • Bachelor’s degree with 3 years of related price/cost experience, or a Master’s degree with 1 year of related price/cost experience

  • Working experience with Microsoft Office (Specifically Excel and Word)

  • Ability to perform and apply appropriate cost accounting, pricing, and estimating methods, concepts, and principles

  • Ability to obtain a DOD Secret Clearance

Basic Qualifications for a level 3:

  • Bachelor’s degree with 6 years of related price/cost experience, or a Master’s degree with 4 years of related price/cost experience

  • Working experience with Microsoft Office (Specifically Excel and Word)

  • Ability to perform and apply appropriate cost accounting, pricing, and estimating methods, concepts, and principles

  • Ability to obtain a DOD Secret Security Clearance

Preferred Qualifications:

  • Bachelor’s degree in business, Global Supply Chain or Project Management

  • Working knowledge of SAP and ability to analyze historical job cost actuals

  • Ability to work as an integral member of the Subcontract/Procurement team to achieve Global Supply Chain, Program, ability to meet deadlines in a challenging, multi-tasking environment, while maintaining compliance during all stages of the proposal/acquisition process

  • Familiarity with the concept and application of Cost Improvement Curves

  • Working knowledge of government contract environment (FAR and DFARS)

We offer phenomenal learning opportunities, exposure to a wide variety of projects and customers, and a very friendly collaborative workplace. We are looking for self-motivated, proactive, and goal-oriented people to help us grow our services and become even better at what we do. Does this sound like you?

Our Employee Resource Groups (ERGs) provide benefits for the member, our leaders and the company. Our ERGs offer opportunities to be a friend, be active, be a volunteer, be a leader, to be recognized and to be yourself! Every ERG is inclusive of all employees!

At Northrop Grumman, we are innovating-- building the next generation of sophisticated aircraft to protect our country. Our diverse portfolio of programs means there are endless paths to cultivate your career. We are well-known for our inclusive, family environment, as well as our excellent work/life balance. We also offer exceptional benefits/healthcare, a 9/80 schedule, and a great 401K matching program.

Salary Range: $62,200.00 - $93,400.00Salary Range 2: $76,600.00 - $115,000.00

The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.

Employees may be eligible for a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.

The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.

Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO/AA and Pay Transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

The Company
HQ: Falls Church, VA
85,636 Employees
On-site Workplace

What We Do

We are a close-knit community of big thinkers collaborating to keep the world safe. Our passion, creativity and expertise bring next-level technology solutions to life in autonomous systems, cyber, C4ISR, strike, space, and logistics and modernization for our customers around the globe.

On the Northrop Grumman team, you’ll join our pursuit of excellence immersed in a dynamic culture of innovation and respect. Your unique perspective will help achieve our shared vision for the future of global security. Every step of the way, you'll be supported by world-class training, employee resource groups and a comprehensive benefits package that enables greater health and happiness for you and your family.

Worldwide and across disciplines, we’re challenging what’s possible for technology to protect people and places from undersea to outer space and into cyberspace. And we see the impact of our performance every day. We are Northrop Grumman, and we work on what matters—now, you too can make a difference.

Explore opportunities in engineering, IT, manufacturing, business management, cybersecurity and more with us.

Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer.

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