Cost Analyst

Booz Allen Hamilton; Arlington (VA); On-site; USD 62,000 - 141,000; Full time

Benefits offered by this job

Health benefits

Tuition assistance

Work-life programs

Professional development

Job summary

Booz Allen Hamilton is seeking a Cost Analyst to uncover the story behind numbers, perform data-driven cost estimation, and develop recommendations for smarter decisions in Navy acquisitions. You will model lifecycle costs, conduct what-if analyses, and deliver actionable insights to leadership.

Collaborate with cross-functional teams to analyze programmatic and cost data, communicate findings, and support program meetings that influence budgeting and procurement.

Qualifications

• 2+ years of cost estimation, analysis, or forecasting experience.
• Experience developing metrics and data trends across an acquisition lifecycle.
• Experience collecting and analyzing cost and technical data for models.
• Proficiency with MS Office (Word/Excel/PowerPoint/Project).
• Knowledge of Earned Value Management (EVM) and schedule analysis.
• Ability to work in a classified environment; TS/SCI clearance.
• Bachelor’s degree in Economics, Business, Science, Technology, Engineering, or Math.
• Experience supporting Navy Acquisition Program Offices.
• Experience in risk and uncertainty analysis.
• Knowledge of FAR/DFAR regulations.
• Strong communication and presentation skills.
• Master’s in Research, Systems Engineering, Applied Math, Data Analytics, Data Science, or Business.
• DAU Business – Cost Estimating or PMP Certification.
• CCEA or PCEA Certification.

Responsibilities

• Perform cost estimation, analysis, and forecasting to support programs.
• Develop analytical approaches for cost estimation, financial modeling, and program assessment.
• Create data-driven strategies using statistical methods and scenario modeling.
• Collaborate with technical, acquisition, and industry experts to interpret data.
• Prepare cohesive presentations to inform acquisition and budgeting decisions.
• Apply modeling techniques to evaluate affordability, readiness, and risk.

Skills

Cost estimation

Data analysis

Forecasting

EVM knowledge

Statistical analysis

Communication skills

Collaboration

Program analysis

Education

Bachelor’s degree

Master’s degree

Tools

Microsoft Project

Excel

Job description

As a cost analyst, you’re passionate about uncovering the story behind the numbers through diving into the root cause of a challenge, analyzing data, and developing recommendations that drive smarter decisions. You will support Navy acquisitions by evaluating data and developing analytical approaches to support cost estimation, financial modeling, and program assessment. Your work will shape data‑driven strategies using methods such as statistical analysis, cost‑benefit analysis, lifecycle cost estimation, and what‑if scenario modeling to deliver actionable insights.

You collaborate with cross‑functional teams consisting of technical experts, acquisition professionals, and industry experts to analyze and interpret programmatic and cost data. You help develop cohesive presentations to communicate findings, collaborate with stakeholders, and contribute to program meetings that inform acquisition and budgeting decisions. In this role you will apply modeling and measurement techniques to evaluate system affordability, readiness, and risk.

Qualifications

• 2+ years of experience performing detailed cost estimation, analysis, or forecasting
• Experience developing and evaluating metrics and data trends over an acquisition program lifecycle
• Experience in collecting and analyzing cost and technical data to develop functional cost models
• Experience using Microsoft Office applications, including Word, Excel, PowerPoint, and Project
• Knowledge of Earned Value Management (EVM) and schedule analysis
• Ability to work in a classified environment
• TS/SCI clearance
• Bachelor’s degree in Economics, Business, Science, Technology, Engineering, or Mathematics
• Experience supporting Navy Acquisition Program Offices
• Experience in risk and uncertainty analysis
• Knowledge of Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation (DFAR) Supplemental
• Possession of excellent communication and presentation skills
• Master’s degree in Research, Systems Engineering, Applied Mathematics, Data Analytics, Data Science, or Business
• Defense Acquisition University Business – Cost Estimating or PMP Certification
• Certified Cost Estimator Analyst (CCEA) or Professional Cost Estimator Analyst (PCEA) Certification

Clearance

• Applicants selected will be subject to a security investigation and must have TS/SCI clearance.

Compensation

The projected compensation range for this position is $62,000.00 to $141,000.00 (annualized USD). Salary is determined by location, education, experience, and organizational requirements.

Benefits

Benefits include health, life, disability, financial, and retirement benefits, paid leave, professional development, tuition assistance, work‑life programs, and dependent care. Full‑time and part‑time employees working at least 20 hours a week are eligible for the benefit program. For more information, visit the Booz Allen Careers site.

Commitment to Non‑Discrimination

All qualified applicants will receive consideration for employment without regard to disability, status as a protected veteran, or any other status protected by applicable federal, state, local, or international law.