Cost Analyst

U.S Air Force; Eglin Air Force Base (FL); On-site; USD 55,000 - 75,000; Full time

Job summary

The U.S. Air Force at Eglin AFB offers a Palace Acquire (PAQ) program position to gain experience in financial management, budgeting, and cost analysis. The role covers economic analysis of operating systems, cost studies, and support for program planning.

You will develop skills in evaluating contractor estimates, preparing reports, and presenting findings. Location may vary by assignment; eligibility requires U.S. citizenship and suitability for federal employment.

Qualifications

• Requires U.S. citizenship.
• Security clearance may be required.
• PCS expenses, if authorized, paid IAW JTR and Air Force Regulations.
• GPA 2.95 or higher out of 4.0.

Responsibilities

• Prepares economic analyses of operating systems, including historical cost data and contracting studies.
• Performs routine statistical and quantitative analysis of program trends.
• Assists in evaluating contractor cost estimates and reviews cost performance reports.
• Participates in budget development and multi-year program planning.
• Prepares action plans for meeting POM, FYDP, and other planning requirements.

Skills

Economic analysis

Cost estimation

Data analysis

Briefing skills

Job description

view Eligibilities being considered and other IMPORTANT information.
The primary purpose of this position is to obtain experience and training under the Palace Acquire (PAQ) Program which leads to career development in the field of Financial Management.
Position locations may vary from listed positions.

Duties

• Prepares economic analysis of routine portions of operating systems, including conducting research of historical cost data of analogous weapon; use of a variety of cost factors for contracting studies, flying hours, reimbursable programs and/or other major missions assigned to the installation; analysis of current resources utilization and projection of future resource requirements for segments of the activity; and research and completion of routine and/or continuing cost studies. Reviews data for consistency, accuracy, validity, and relevance to the situation being studied. Evaluates objectivity in selection of alternatives to be costed and analyzed.
• Performs routine and/or continuing statistical and quantitative analysis of program trends, accomplishments, and deficiencies.
• Assists in the evaluation of cost estimates prepared by industry to support selection of the industry sources(s), as well as selection of the configuration and program plan to be committed to development and/or other management decision. Performs continuing assignments involving the review of contractor cost performance reports. Develops knowledge of contractor cost estimating and accounting systems, management aspects of system programs and their relation to procurement, budget and planning. Performs basic evaluation tasks using checklists, equations and factors. Describes and presents the results of the routine, recurring cost and economic analysis studies both in written form and in formal and informal briefings. Identifies and describes critical assumptions and decision points for decision-makers. Prepares and presents statistical and narrative reports and briefings.
• Performs routine and recurring assignments in the formulation, development, and, execution of budgets, financial plans, and multi-year programs required to properly fund and meet program resource requirements. Participates in the development of system planning objectives by evaluating cost/schedule tradeoffs, budget requirements, etc.; and develops appropriate financial plans in consonance with Program Management Plans.
• Prepares segments of action plans for meeting annual call, Program Objectives Memorandum (POM) development, Five-Year Defense Plans (FYDP), and other requirements.- Performs special assignments in keeping with the formal training plan. Includes administrative assignments to develop knowledge of the mission and organization of the financial community.

Requirements

• Position locations may vary from listed locations. Total salary varies depending on location of position.
• U.S. Citizenship Required
• Males must be registered for Selective Service, see www.sss.gov
• A security clearance may be required
• Permanent Change of Station (PCS) expenses may or may not be authorized. PCS expenses if authorized will be paid IAW JTR and Air Force Regulations
• This position n is subject to provisions of the DoD Priority Placement Program
• Employee must maintain current certifications
• Disclosure of Political Appointments
• Student Loan Repayment and Recruitment Incentive may be authorized
• Leave accrual may be authorized upon request
• Mobility - you may be required to relocate during or after completion of your training.
• May be required to travel by military and/or civilian aircraft in the performance of official duties.
• You will be required to serve a one-year probationary period
• Must meet suitability for Federal employment
• Grade Point Average - 2.95 or higher out of a possible 4.0