Price/Cost Proposal Analyst Level 2

Northrop Grumman Corp.; Melbourne (FL); On-site; USD 66,000 - 98,000; Full time

Job summary

Northrop Grumman in Melbourne, FL seeks a Level 2 Price/Cost Proposal Analyst to produce high-quality analysis of supplier proposals and prepare PCARs. The role collaborates with Contracts, Pricing & Estimating, Engineering, Global Supply Chain, and Program Management to ensure compliant, on-time submissions.

The position requires a bachelor’s degree in business, finance, economics, or engineering and 2 years of experience; DoD Secret/SAP clearance is required or obtainable.

Qualifications

• Basic Qualifications: Degree in business, finance, economics, engineering or related field with 2+ years of experience.
• Proficiency with MS Office (Excel and Word).
• Ability to obtain and maintain DoD Secret and SAP clearances.

Responsibilities

• Analyze labor, material, and other cost elements to prepare price/cost analyses.
• Craft and review Price/Cost Analysis Reports (PCAR).
• Evaluate supplier proposals using CERs, BOEs, and BOMs.
• Ensure compliance with FAR/DFARS and Northrop Grumman policies in all analyses.

Skills

Statistical concepts

Forecasting concepts

MS Excel

MS Word

Analytical skills

Time management

Education

Bachelor's degree in business, finance, economics, engineering

Master's degree in business, finance, economics, engineering

Tools

Excel

Word

Job description

RELOCATION ASSISTANCE: Relocation assistance may be availableCLEARANCE REQUIRED FOR START: YesCLEARANCE TYPE: SecretTRAVEL: Yes, 10% of the TimeDescriptionAt Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.Northrop Grumman Aerospace Systems (NGAS) is currently seeking a Price/Cost Proposal Analyst Level 2 to join our team! This position will be located on site in Melbourne, FL. This position will be responsible for producing high quality analysis of supplier proposals.This Level 2 Proposal Analyst will evaluate supplier proposals through various analysis techniques (such as similar product comparisons, analogous products, parametric estimating, cost estimating relationships, and bottom-up estimating) to assess a fair and reasonable position, which is documented in a price/cost analysis report (PCAR). The Proposal Analyst will encounter various contract types, such as fixed price, cost type, and indefinite delivery/indefinite quantity (IDIQ) contracts. Other items that fall under this statement of work are Option Price Verifications and evaluating Requests for Equitable Adjustment (REAs). The Proposal Analyst will provide valuable insight into supplier risk, negotiation positions, and contribute to an executable baseline for our subcontract management teams. This role will collaborate across multiple functions such as Contracts, Pricing & Estimating, Engineering, Global Supply Chain, and Program Management to prepare and submit high quality, compliant and on-time PCARs to support customer commitments and company financial goals.In addition to PCAR support, the role will also provide quality and compliance reviews for Northrop Grumman prime proposals prior to submission. These reviews will focus on content (basis of estimate (BOE), consolidated bill of material (CBOM or BOM) and the cost volume), spelling and grammar, and rate application verification. It will also include internal audit of various cost estimating relationships (CERs). The Proposal Analyst will ensure compliance with the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS) and Northrop Grumman policies and procedures.Additional duties include:Analyzing labor, material, travel, other direct costs (ODCs), direct and indirect rates, escalation and profit/fee, documented in a Price/Cost Analysis Report (PCAR)Performing cost estimating/pricing reviews and analysis in accordance with industry best practices, solicitation instructions, customer requirements and USG regulatory requirementsConducting research into market and historical data and developing cost estimating models to evaluate price reasonableness and develop negotiation positions with subcontractorsCompiling information from periodicals, catalogs, and other sources to stay informed on regulations (e.g., FAR, DFARS, etc.), price trends and manufacturing processesConferring with suppliers and analyzing suppliers' operations to determine factors that affect pricesIssuing requests for information and fact-finding questions to suppliers and participating in fact-finding meetings to review bases of estimates (BOEs) and source documentationRequesting DCMA/DCAA assist audits where applicableInterfacing with responsible engineers regarding the integration of technical evaluations into the cost analysis when appropriatePreparing and presenting data for Supply Chain Management review to establish negotiation objective positions; Providing negotiation support through subcontract awardMaintaining records and supporting data used and provided in support of proposalsBasic Qualifications:Bachelor’s degree in business, finance, economics, engineering, or related discipline and 2 years of experience; or Masters degree in business, finance, economics, engineering or related disciplineKnowledge of statistical and forecasting concepts and techniquesProficiency with MS Office Suite, specifically Excel and WordMust have the ability to obtain and maintain a DoD Secret ClearanceMust have the ability to obtain and maintain Special Access Program (SAP) clearance.Preferred QualificationsActive DoD Secret or higher clearance (with background investigation completed within the last 5 years or currently enrolled into Continuous Evaluation).Ability to apply analytical skills and accounting, finance, economic and/or forecasting concepts and principles to dataMeet deadlines in a challenging environment and manage multiple simultaneous projects with attention to detailTechnical and creative writing skills; able to tell the story of the analysis performed and the results such that the reader understands and can follow our positionSelf-starter who likes to “self-teach” topics and new skills (such as calculations/formulas to enable a more efficient analysis)International Cost Estimating and Analysis Association (ICEAA) certification (CCEA or PCEA)Active Top Secret clearance or ability to obtain a Top Secret clearanceExperience working on or contributing to Government proposalsFamiliarity and/or practical experience with regression analysisConceptual or practical knowledge of cost improvement curvesWorking knowledge of the Government contracting environment (FAR and DFARS) and various contract types as outlined in FAR 15Knowledge of direct and indirect rate proposals, activity-based costing, audits and audit processes and the Defense Contract Audit Agency and Defense Contract Management Agency (DCAA/DCMA)Understanding of earned value management and business systemsHands-on experience with SAPFamiliarity with aerospace production operation functions, tasks, and processesBackground in Global Supply Chain Subcontract/Procurement requirementsWe offer flexible work arrangements, phenomenal learning opportunities, exposure to a wide variety of projects and customers, and a very friendly team environment. We are looking for self-motivated, proactive, and goal-oriented people to help us grow our services and become even better at what we do.At Northrop Grumman, we are on the cutting edge of innovation- building the next generation of sophisticated aircraft to protect our country. Our diverse portfolio of programs means there are endless paths to cultivate your career. We are well-known for our inclusive, family environment, as well as our excellent work/life balance. We also offer exceptional benefits/healthcare, a 9/80 schedule, and a great 401K matching program.Primary Level Salary Range: $65,500.00 - $98,300.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.