Cost Analyst

Integrated Sol for Sys Inc

United States

Remote

USD 70,000 - 80,000

Full time

4 days ago
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Benefits offered by this job

Health and wellness benefits
Employee ownership
Tuition assistance

Job summary

IS4S is seeking a cost analyst to evaluate program financial and operational data to track, manage, and reduce expenses associated with running DoW programs.

Responsibilities include cost estimation for government contracts, establishing baselines, and supporting budget and EVM tracking using Cobra. Candidates should understand defense contracts and EVMS, with a focus on reducing costs and improving margins.

Qualifications

  • Experience estimating costs for government defense programs.
  • Familiar with EVMS and earned value calculations.
  • Knowledge of Deltek Cobra or similar project controls.
  • Ability to analyze labor, materials, and overhead.

Responsibilities

  • Cost Estimation: Calculate time, labor, materials, and overhead for government-contracted defense programs.
  • Program Planning: Establish baselines and document in Cobra; support budget/baseline development and tracking.
  • Expense Tracking: Monitor spending against budgets; perform EVMS calculations to assess cost and schedule.
  • Earned Value: Analyze EV data to evaluate budget performance and support planning.
  • Product Disassembly & Pricing: Break down finished items to measure component costs.
  • Variance Analysis: Investigate differences between planned and actual costs (materials, labor).
  • Cost-Saving Strategies: Recommend operational changes or vendor negotiations to reduce waste and boost margins.
  • Reporting: Prepare financial statements, cost reports, and data models for management and customers.

Skills

Cost estimation
EVMS
Defense contracts
FTE staffing
Labor costs

Tools

Deltek Cobra

Job description

IS4S is seeking a cost analyst to evaluate program financialand operational data to track, manage, and reduce expenses associated withrunning DoW programs.

Core Responsibilities

Cost Estimation: Calculate the time, labor,materials, and overhead required for Government-contracted defense programs.

Program Planning: Establish program baselines basedon cost estimation and document program baseline in tools like Deltek Cobra.Support budget and baseline development and tracking for Government-contracteddefense programs by calculating FTE staffing requirements, labor rates, andmaterial costs.

Expense Tracking: Monitor actual spendingagainst budgeted or standard costs to spot financial variances. Performedearned value management (EVM) calculations to assess cost and scheduleperformance for Government contracted defense programs.

Earned Value: Analyzed earned value data toevaluate budget performance and support program financial planning.

Product Disassembly & Pricing: Break downfinished items to measure component costs.

Variance Analysis: Investigate differencesbetween planned costs and actual expenses in areas like materials and labor.

Cost-Saving Strategies: Recommend operationalchanges, vendor negotiations, or process improvements to eliminate waste andboost profit margins.

Reporting: Prepare financial statements, costreports, and data models for company management and customers.

Desired Abilities:

Motivated self-starter

Familiar with defense contracts

Familiar with ANSI/EIA-748-compliant EarnedValue Management System (EVMS)

Benefits Summary:

Competitive salary with comprehensive health andwellness benefits

Dynamic and collaborative work environment

Employee ownership

Medical, dental, and vision care plans

Paid time-off and parental leave programs

Group term life insurance

Tuition Assistance, Training, and educationdevelopment offerings

Details

Location: ,
Employment Type: Active
Salary: $70000 - $80000 /per annual
Skill Level: Associate

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