Cost Analyst

Technomics, Inc.

Troy (MI)

On-site

USD 70,000 - 90,000

Full time

14 days+

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Job summary

A decision analytics firm in Troy, MI, is seeking to fill a position focused on cost estimation and economic analysis to support clients in Federal government. Successful candidates will develop technical baselines, assess cost estimates, and provide analytical insights. The ideal candidate will have a Bachelor's degree in a quantitative field and be proficient in Excel and relevant analysis tools. Competitive salary and collaborative work environment offered.

Qualifications

  • Bachelor's degree required in engineering, mathematics, operations research, statistics, economics, or business.
  • Completion of college-level coursework in mathematics through Calculus II.
  • Proficiency with Excel for data analysis and cost modeling.

Responsibilities

  • Develop program technical baselines and cost estimating techniques.
  • Conduct economic analyses and assess the credibility of cost estimates.
  • Evaluate industry proposals and conduct variance root cause analysis.

Skills

Analytical thinking
Problem solving
Effective communication
Team collaboration
Microsoft Excel proficiency

Education

Bachelor's degree in a quantitative discipline

Tools

RStudio
Power BI
Python
Figma

Job description

Current job opportunities are posted here as they become available.

Technomics is a growing employee-owned, decision analytics company that specializes in cost and economic analysis to facilitate better decisions faster. We enable a wide range of clients across the Federal government, from senior level policy makers to program managers, to choose smartly, buy effectively and operate efficiently. We deliver practical, credible and defensible results offering actionable insights by applying data-driven and analytics-based approaches in combination with multidisciplinary talent, subject matter experts, and tangible and repeatable assets in the form of databases, models, approaches and techniques.

Position-Specific Overview
  • Should have the ability to acquire the knowledge, skills, abilities and initiative to deliver timely, practical and innovative solutions to our clients as part of high-performing project teams typically composed of a mix of junior and mid-level analysts

Our employee-owners pride themselves on their ability to apply deep analytical rigor and innovative thought that assist clients in understanding and solving a myriad of challenging resource planning and management problems.

This position is located in Troy, MI.

Responsibilities
  • Develop and/or evaluate program technical and programmatic baselines
  • Develop innovative development, production and operating and support (O&S) cost estimating techniques for a broad range of cost elements
  • Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and sensitivity analysis
  • Develop economic analyses, including but not limited to business case analyses, cost/benefit analyses and analysis-of-alternatives
  • Assess the credibility of government and industry cost estimates and economic analyses
  • Evaluate the credibility of industry cost proposals
  • Assess the credibility of government and industry cost savings initiatives
  • Assess industry contract cost and schedule performance and conduct variance root cause analysis
  • Document and present/defend analytical results
  • Develop and train less experienced cost analysts
  • Apply highly effective customer service skills and work effectively with teams to foster a collaborative work environment across the organization.
  • Apply leadership skills and the ability to manage competing priorities, multiple tasks and work requirements
  • Apply highly effective communication skills (oral and written) and communicate complex issues and present results to senior managers and others in a clear and concise manner.
  • Present as a value-focused professional, comfortable with presenting analytical results, engaging clients, and collaborating across Integrated Project Teams (IPTs).
Minimum Qualifications
  • Bachelor's degree in a quantitative discipline (e.g., engineering, mathematics, operations research, statistics, economics, or business) or a discipline that fosters problem solving, structured thought and creativity
  • Documented completion of college-level coursework in mathematics through Calculus II
  • Ability to think analytically, creatively and critically
  • Ability to operate effectively in environments with evolving requirements, incomplete data, and/or shifting priorities
  • Ability to precisely and concisely communicate and defend complex analytical results verbally and in various forms of written products
  • Strong proficiency with Microsoft Excel for performing cost analysis, data reconciliation, quick-turn financial modeling, and working with large and/or calculation-intensive datasets
Desired Qualifications
  • Active SECRET Clearance (highly desirable)
  • Knowledge of cost estimating and economic analysis models, methods, theories, and their application
  • Knowledge of weapons and/or automated information systems design procedures and methodology, system production technology and techniques, system sustainment, operations and support processes
  • Knowledge of physical and performance characteristics of various weapons systems and auxiliary equipment
  • Knowledge of weapons and/or automated information systems work breakdown structures
  • Knowledge of weapons and/or automated information systems cost drivers
  • Knowledge of government cost, technical and programmatic data sources
  • Knowledge of government and industry financial/accounting systems
  • Knowledge of Department of War (DoW) Planning, Programming, Budgeting, and Execution (PPBE) system
  • Familiarity with the DoW acquisition and contracting environment, including program office support, cost estimating, CDRL development, and/or contracting support including support of contract negotiation
  • Working knowledge of Earned Value Management (EVM), including common metrics, data evaluation, and performance reporting
  • Exposure to risk management activities such as identifying cost or schedule risks, evaluating risk registers, and/or tracking mitigation actions
  • Experience producing clear technical documentation, including methodologies, assumptions, data sources, and analytical conclusions
  • Ability to conduct ground-breaking research
  • Experience using RStudio to perform data analysis, trend analysis, and/or basic statistical modeling in support of cost estimates or program reviews
  • Familiarity with RShiny to develop or maintain interactive dashboards, calculators, and/or analytical tools for internal users
  • Experience building reports and visualizations in Power BI to communicate cost, schedule, or performance insights to stakeholders
  • Exposure to Microsoft PowerApps and Power Automate to create basic workflow solutions, data collection tools, or process automations
  • Experience using Python for data cleaning, analysis, or automation of repeatable analytical tasks
  • Experience visually drafting innovative applications using Figma
  • ICEAA Certification or Defense Acquisition Workforce Initiative Act (DAWIA) certification

We are an Equal Opportunity Employer. As an Equal Opportunity Employer, we do not discriminate on the basis of race, color, religion, national origin, sex, age, marital status, disability or veteran status.

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