Cost Estimator Product

Lockheed Martin Corporation; Moorestown Township (NJ); Remote; USD 65,000 - 139,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Flexible work arrangements (e.g., 4x10

401(k) match

Paid time off

Holidays

Parental Leave

Employee Assistance Program

Flexible Spending Accounts

Education Assistance

Life Insurance

Short-Term Disability

Long-Term Disability

Job summary

Lockheed Martin Corporation is seeking a Cost Estimator - Product to lead development of material cost estimates for proposals, ensuring compliance with RFPs and internal policies.

The role collaborates with Sourcing, Program Management, Operations, Engineering, and Finance to build detailed cost exhibits and support audits and negotiations, with a remote telework option available.

Strong Excel and analytical skills are required, with experience in BOM structures and proposal processes.

Qualifications

• Limited Experience with estimating techniques (material)
• Understand bill of material structures
• Knowledge of the proposal process
• Strong Microsoft Excel skills
• Analytical ability

Responsibilities

• Material Cost Estimating: Developing accurate material cost estimates in accordance with customer RFP requirements and internal policies.
• Creation of Material Cost Volume Exhibits: Preparing detailed material cost volume exhibits for proposals, including cost breakdowns and justifications.
• Coordination with Capture Team: Collaborating with Sourcing, Program Management, Operations, Engineering, and Finance to gather necessary information and ensure comprehensive estimates.
• Supporting Audits and Negotiations: Assisting during customer and DCAA audits/fact-finding missions.
• Providing detailed cost data and justifications during negotiations.

Skills

Analytical ability

Estimating techniques (material)

Bill of materials structures

Proposal process

LMP2P experience

Sourcing knowledge

Finance/Operations knowledge

RMS estimating & pricing policies

Tools

Excel

Job description

Standard Job Description

We are committed to work life balance by promoting this REMOTE telework option. These job requirements allow the employee to work their entire schedule somewhere other than a Lockheed Martin designated office or job site.

Standard Job Description

We are committed to work life balance by promoting this REMOTE telework option. These job requirements allow the employee to work their entire schedule somewhere other than a Lockheed Martin designated office or job site.

What We're Doing

Cost Estimator - Product - will lead the development of accurate and comprehensive material cost estimates for proposals, ensuring compliance with customer Request for Proposal (RFP) requirements and internal company policies. This role will collaborate with cross-functional teams to gather necessary information, prepare detailed material cost volume exhibits, and support audits and negotiations.

THE WORK

• Material Cost Estimating: Developing accurate material cost estimates in accordance with customer RFP requirements and internal policies.
• Creation of Material Cost Volume Exhibits: Preparing detailed material cost volume exhibits for proposals, including cost breakdowns and justifications.
• Coordination with Capture Team: Collaborating with Sourcing, Program Management, Operations, Engineering, and Finance to gather necessary information and ensure comprehensive estimates.
• Supporting Audits and Negotiations: Assisting during customer and DCAA audits/fact-finding missions.
• Providing detailed cost data and justifications during negotiations.
  
  

Who We Are

Our customers are world-wide and so is our reputation for creating original solutions with the latest technologies. Our products keep our customers safe and bring them home to their families at night.

We provide the resources, inspiration, and focus - if you have the resourcefulness and perseverance to work hard, then we want to create a better tomorrow with you.

Who You Are

You thrive in a collaborative, multidisciplinary engineering environment and are committed to delivering best-in-class products and solutions.

Basic Qualifications

Limited Experience with estimating techniques (material)

Understand bill of material structures

Knowledge of the proposal process

Strong Microsoft Excel skills

Analytical ability

Desired Skills

LMP2P experience

Sourcing, Finance or Operations knowledge or background

Knowledge of RMS estimating and pricing policies

Pay Information

• $64725.00 - $139471.00
  
  

At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only.

Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.

Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.

• Additional specific benefits are dependent upon the business unit and the collective-bargaining agreement.
• Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
• For (Washington state applicants only) Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.