Cost & Pricing Analyst Assistant

GTS; Virginia Beach (VA); On-site; USD 55,000 - 85,000; Full time

Job summary

Global Technical Systems (GTS) in Virginia Beach, VA seeks a Cost & Pricing Associate to support procurement with rigorous price analyses, data maintenance, and Excel-driven modeling.

You will review supplier quotes, build pricing databases, analyze cost trends, and prepare weekly and monthly cost-savings reports for leadership.

Strong Excel skills, sharp analytical ability, and meticulous attention to detail are essential for maintaining data integrity and ensuring competitive pricing.

Qualifications

• Must be highly proficient in Microsoft Excel (formulas, pivot tables, data visualization, conditional formatting, and cleaning large datasets).
• Demonstrated ability to analyze raw quantitative financial data, draw logical conclusions, and spot mathematical anomalies.
• Exceptionally organized with a high degree of accuracy when auditing contract, invoices, and high-volume data entries.
• Clear written and verbal communication skills to present analytical findings and interact professionally with external suppliers.

Responsibilities

• Cost & Price Analysis: Support the review and evaluation of supplier proposals, commercial bids, and priced quotes to determine competitive value.
• Data Management: Maintain, update, and audit accurate pricing databases, supplier catalogs, and historical cost logs.
• Excel Modeling: Build and maintain spreadsheets utilizing advanced functions (VLOOKUP/XLOOKUP, INDEX/MATCH, Pivot Tables, IF statements) to track pricing trends and variances
• Market Research: Assist in gathering market intelligence, researching raw material trends, and benchmark tracking against industry competitors.
• Reporting: Prepare weekly and monthly cost savings reports, variance analyses, and spend summaries for senior leadership review.
• Cross-Functional Support: Collaborate with accounts payable, sourcing specialist, and logistics teams to resolve invoicing discrepancies and pricing mismatches.

Skills

Advanced Excel Skills

Strong Analytical Skills

Detail-Oriented

Communication Skills

Education

BS/BA in Business, Finance, Economics, Supply Chain Management or equivalent experience

Tools

Costpoint database

Job description

Cost & Pricing Associate

Global Technical Systems (GTS) provides innovative, cost-effective, high-tech engineering products and product-based services encompassing latest generation software and hardware solutions and engineering services for defense, homeland security, and other critical Government interests. GTS products and services span a spectrum that includes mission-critical combat systems processors; C4ISR; technology development including threat detection, biometric identification systems, and composite applications for munitions, armor and energy storage; avionics test systems; and lifecycle logistics support and repair. Our Headquarters office in Virginia Beach, VA is searching for a.

Cost & Pricing Associate

to work in-person at 421 South Birdneck Road, Virginia Beach, VA 23451.

General Description

The Cost and Pricing Associate provides critical analytical and administrative support to the procurement department. This role focuses on evaluating vendor quotes, maintaining complex pricing models and identifying cost-saving opportunities. The ideal Candidate possess advanced Excel capabilities, sharp analytical instructs, and meticulous eye for detail to ensure date integrity and maximize procurement efficiency.

Principal Duties and Responsibilities

• Cost & Price Analysis: Support the review and evaluation of supplier proposals, commercial bids, and priced quotes to determine competitive value.
• Data Management: Maintain, update, and audit accurate pricing databases, supplier catalogs, and historical cost logs.
• Excel Modeling: Build and maintain spreadsheets utilizing advanced functions (VLOOKUP/XLOOKUP, INDEX/MATCH, Pivot Tables, IF statements) to track pricing trends and variances
• Market Research: Assist in gathering market intelligence, researching raw material trends, and benchmark tracking against industry competitors.
• Reporting: Prepare weekly and monthly cost savings reports, variance analyses, and spend summaries for senior leadership review.
• Cross-Functional Support: Collaborate with accounts payable, sourcing specialist, and logistics teams to resolve invoicing discrepancies and pricing mismatches.

Qualifications and Technical Skills

• Advanced Excel Skills: Must be highly proficient in Microsoft Excel (formulas, pivot tables, data visualization, conditional formatting, and cleaning large datasets).
• Strong Analytical Skills: Demonstrated ability to analyze raw quantitative financial data, draw logical conclusions, and spot mathematical anomalies.
• Detail-Oriented: Exceptionally organized with a high degree of accuracy when auditing contract, invoices, and high-volume data entries.
• Communication Skills: Clear written and verbal communication skills to present analytical findings and interact professionally with external suppliers.

Educational Requirements (or equivalent)

BS/BABusiness, Finance, Economics, Supply Chain Management or equivalent experience.

Working Conditions

This work is typically performed in an office environment. Requires normal safety precautions; work may require some physical effort in the handling of light materials, boxes or equipment. Requests for reasonable accommodations will be considered to enable individuals with disabilities to perform essential functions of the job.

Beneficial Skills/Experience

Previous experience with a government contractor performing under federal contracts; experience with Flow down documents; Costpoint database experience; negotiation skills.

The above Position Description is not intended to be, nor should it be construed as an all-encompassing list of responsibilities, skills, efforts or working conditions associated with this position.