Analyst (Costing and Pricing) - PAL Aerospace

PAL Aerospace Ltd.; Netherlands; On-site; EUR 45,000 - 65,000; Full time

Benefits offered by this job

Health benefits

Pension plan

Employee stock purchase plan

Tuition assistance

Personal travel privileges with PAL

Job summary

PAL Aerospace is seeking an Analyst to support costing, pricing, and program risk management across its aerospace and defence portfolio. You will build financial models, analyze costs, and contribute to bids and pricing strategies with cross-functional teams.

Ideal candidates have 1–4 years of experience, strong Excel skills, and the ability to translate data into executive-ready insights. NATO clearance eligibility is preferred.

Qualifications

• Bachelor's degree in finance, economics, business, engineering, or a related field.
• 1-4 years of relevant experience (internships, co-op experience, or early-career roles).
• Strong proficiency in Microsoft Excel and foundational financial modelling skills.
• Basic understanding of financial analysis, budgeting, or cost estimation.
• Strong attention to detail and analytical mindset.
• Effective communication and willingness to learn in a team environment.
• Ability to summarize large amounts of data and information, extract the most critical parameters for executive briefing and create presentation materials in MS PowerPoint.
• Eligibility for NATO Secret clearance (or higher) is required.

Responsibilities

• Support the development of financial models and cost estimates from inputs to pricing outputs.
• Assist in maintaining costing templates, tools, and financial models.
• Perform basic to intermediate financial analysis, including scenario comparisons and sensitivity analysis.
• Work with programs, engineering, and operations to gather and validate cost inputs.
• Lead the preparation of costing and pricing materials for internal reviews.
• Identify risks and inconsistencies in cost data and escalate appropriately.
• Assist Finance and Accounting in transitioning from contract award to program execution.
• Provide support during bid/proposal development, including pricing data preparation.

Skills

Financial Modelling

Costing

Excel

Financial Analysis

Budgeting

PowerPoint

Communication

Attention to detail

Teamwork

Security clearance eligibility

Education

Bachelor's degree in finance, economics, business, engineering, or a related field

Tools

ERP systems

Microsoft Excel

MS PowerPoint

Job description

PAL Aerospace is a leader in international aerospace and defence operations, delivering intelligence, surveillance, and reconnaissance (ISR), training solutions, and in-service support worldwide. We are committed to delivering mission-critical capabilities through innovation, operational excellence, and a highly skilled workforce.

PAL Aerospace is seeking a motivated Analyst to support costing, pricing, and program risk and commercial management activities across our aerospace and defence portfolio.

This is an excellent opportunity for an early-career professional to build expertise in financial modelling, cost analysis, price strategy, and defence contracting, while working closely with experienced business development, program management, and technical teams. You will contribute to competitive bids, program financial planning, decision support for key strategic initiatives, and deal reviews, with opportunities for extensive C-suite and senior executive engagement.

Key Responsibilities

Financial Modelling & Costing

• Support the development of financial models and cost estimates, from detailed cost inputs through to pricing outputs
• Assist in maintaining and enhancing costing templates, tools, and financial models
• Perform basic to intermediate financial analysis, including scenario comparisons and sensitivity analysis
• Work with programs, engineering, and operations subject matter experts to gather and validate cost inputs
• Lead the preparation of costing and pricing materials for internal reviews
• Identify potential risks and inconsistencies in cost data and elevate appropriately

Program Transition Support

• Assist Finance and Accounting teams in the transition from contract award to program execution:
  • Support documentation of cost assumptions and model structures
  • Help ensure alignment between financial models and program tracking/reporting tools
  • Contribute to maintaining consistency between budgets and financial reporting outputs

Commercial Support & Contract Analysis

• Provide support during bid and proposal development activities, including pricing data preparation in accordance with internal review requirements and customer formats
• Assist in reviewing contract terms and conditions, focusing on understanding financial implications
• Support senior team members in contract review and negotiation preparation:
  • Deliver clear, data-driven pricing recommendations to leadership
  • Create dashboards and reports using BI tools
  • Translate complex data into actionable business insights

Professional Development & Industry Awareness

• Develop knowledge of aerospace and defence costing practices and contracting environments
• Collaborate with cross-functional teams to understand program drivers and cost structures
• Participate in training, workshops, and internal learning opportunities

Required Qualifications

• Bachelor's degree in finance, economics, business, engineering, or a related field
• 1-4 years of relevant experience (internships, co-op experience, or early-career roles)
• Strong proficiency in Microsoft Excel and foundational financial modelling skills
• Basic understanding of financial analysis, budgeting, or cost estimation
• Strong attention to detail and analytical mindset
• Effective communication and willingness to learn in a team environment
• Ability to summarize large amounts of data and information, extract the most critical parameters for executive briefing and create presentation materials in MS Power Point
• Eligibility for NATO Secret clearance (or higher) is required

Preferred Qualifications

• Exposure to project-based environments (i.e. civil infrastructure, engineering consultancy, etc), aerospace, or defence industry (equivalent experienced will be scrutinized on a case-by-case basis)
• MBA or equivalent advanced degree
• Experience with ERP or financial systems is an asset
• Prior aviation or military experience in the Canadian Forces, NATO, or a Five Eyes partner
• Active security clearance

Why Join PAL Aerospace?

• Build your career in the aerospace and defence sector
• Gain exposure to complex, real-world programs and bids
• Learn from experienced professionals in a collaborative environment

What We Offer:

• Comprehensive health benefits including medical, dental, vision, and life insurance
• Pension Plan with employer matching
• Employee Stock Purchase Plan
• Tuition Assistance Program
• Personal travel privileges with PAL and interline agreements with multiple airlines
• Employee and Family Assistance Program
• Industry discounts (hotels, rental cars, etc)

PAL Aerospace is committed to fostering an inclusive work environment that celebrates and encourages diversity, equity, and inclusion whereby individuals are recognized, supported, and respected. Candidates of all backgrounds are encouraged to apply.

Only those candidates selected for an interview will be contacted. Thank you.