Price Cost Analyst - E2

Lockheed Martin Corp.; Lexington (KY); On-site; USD 54,000 - 100,000; Full time

Benefits offered by this job

Medical insurance

Dental & Vision

Flexible work arrangements

401(k) match

Paid time off

Holidays

Parental Leave

EAP

Education Assistance

Life Insurance

Short-Term Disability

Long-Term Disability

Job summary

Lockheed Martin Corp. is seeking a procurement professional to develop supplier capture strategies for long-range programs and to establish new or renewed contracts, including price/cost analysis on proposals for development, production and sustainment of major systems.

This role requires a bachelor’s degree or equivalent, experience with price analysis and negotiations, proficiency with Microsoft Office, and willingness to travel up to 25%. Government procurements experience is also required.

Qualifications

• Bachelor's degree or equivalent experience in a related discipline.
• Understanding with finance cost analysis and required elements to do pricing reviews. To include Price Analysis experience.
• Working Knowledge of Microsoft Office products.
• Ability to accommodate up to 25% travel.
• Experience with negotiations.
• 2 years' experience in Government procurements/Acquisitions.

Responsibilities

• Develop supplier capture strategy for pursuit of long-range objectives and strategic plans to ensure effective material integration on program campaign pursuits, and establish new or renewed contracts.
• Performs and documents price/cost analysis on a variety of proposals for development, production and sustainment of major systems.
• Evaluations of supplier proposals are provided to the government customer and used in prime proposal pricing.
• Develops negotiation strategies and concludes both supplier and prime negotiations to achieve company profit objectives and customer affordability goals.

Skills

Price analysis

Negotiations

Government procurements

MS Office

Travel 25%

Education

Bachelor's degree or equivalent experience

Tools

Microsoft Office

Job description

Standard Job Description

Develop supplier capture strategy for pursuit of long-range objectives and strategic plans to ensure effective material integration on program campaign pursuits, and establish new or renewed contracts. Performs and documents price/cost analysis on a variety of proposals for development, production and sustainment of major systems. Analyzes supplier's projected estimated costs for reasonableness, reviewing in detail the significant direct cost elements of material, labor, and special tooling. Evaluations of supplier proposals are provided to the government customer and used in prime proposal pricing. Develops negotiation strategies and concludes both supplier and prime negotiations to achieve company profit objectives and customer affordability goals.

Basic Qualifications

• Bachelor's degree from an accredited college in a related discipline, or equivalent experience/combined education.
• Understanding with finance cost analysis and required elements to do pricing reviews. To include Price Analysis experience.
• Working Knowledge of Microsoft Office products.
• Ability to accommodate up to 25% travel.
• Experience with negotiations.
• 2 years' experience in Government procurements/Acquisitions

Desired Skills

• Experience in proposal development or review.
• Experience with data analysis/analytics.
• Strong interpersonal skills and ability to communicate departmental and program messages effectively to both LM personnel, as well as the customer.
• Proven ability to operate in a fast paced environment.
• Familiarity with CAS, the FAR, and rate audits.
• Managing multiple priorities with demonstrated success.

Pay Information

Full-Time Salary Range: $53900.00 - $100100.00

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.

• 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) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. 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.