Principal Cost Modeling and Proposal Analyst

RTX; Tucson (AZ); Hybrid; USD 87,000 - 165,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) match

Flexible spending accounts

Paid time off

Holiday pay

Job summary

RTX, the world’s largest aerospace and defense company, seeks a Proposal Analyst to support Naval Power estimates, develop cost models and lead pricing discussions. The role requires independence, ability to obtain program clearance and on-site work at RTX facilities.

You will develop estimates, work with cross-functional teams, prepare basis of estimates, and present Gate 4 charts to leadership while ensuring compliance with FAR and related regulations.

Qualifications

• Bachelor’s degree or advanced degree with relevant experience.
• Experience with Microsoft Office and pricing/proposal processes.
• Knowledge of FAR, DFAR, TINA is preferred.

Responsibilities

• Develop, analyze and complete varying proposal types including complex ones.
• Lead pricing strategy development considering customer needs and risks.
• Evaluate labor, material and other direct costs for proposals.
• Create Basis of Estimates and manage estimating progress.
• Prepare Gate 4 charts for leadership review.
• Ensure FAR compliance on all proposals.
• Collaborate with program management and cross-functional teams.
• Develop cost models and train others in cost modeling.

Skills

5+ years relevant experience

Microsoft Office

Proposal development

Cost modeling

Estimating and pricing processes

Pricing strategies

Team collaboration

Education

Bachelor’s degree

Advanced degree in related field

Tools

ProPricer

Pricing software

Job description

At RTX, the world’s largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.

Raytheon brings the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.

An excellent opportunity exists within the estimating organization for a Proposal Analyst.This position will support the Naval Power estimating team for proposal efforts, as well as developing cost models and support.

The chosen candidate will be responsible for the preparation of various types of proposals for development, production and competitive contracts including modifications to existing contracts.In addition, the estimating organization supports gate reviews, Government audits and negotiations with the customer. This role requires a high degree of independence, the ability to obtain program specific clearance(s) and perform work on-site at Raytheon facilities.

What You Will Do

• Be independently responsible for the development, analysis and completion of varying proposal types including the most significant proposals in terms of complexity and company importance.
• Lead/contribute to the development of pricing strategies (this includes understanding customer care-about(s), potential future work, affordability initiatives, program financial objectives, risks, and opportunities)
• Work with other functions from across the company to understand and evaluate the labor, material and other direct costs associated with proposed contracts and the associated program
• Utilize company estimating and pricing programs and tools
• Develop detailed Request for Estimates which are used to kick off proposals
• Lead the development of Basis of Estimates to include tracking progress, validating and analyzing actuals, ensuring consistency across the program, and confirming the estimating approach is sound
• Prepare and present Gate 4 charts for program / company leadership review of proposal information
• Ensure full FAR compliance on all proposals; capable of providing compliance guidance on complex situations
• Assess, develop and implement solutions leading to a thorough proposal submittal
• Interface and coordinate with all levels of management within the program (this includes ensuring alignment on priorities, strategies, expectations, and status)
• Perform detailed and complex analysis of inputs to ensure soundness in our estimates
• Assist in training and supporting other estimators (FAR requirements, proposal process, etc.)
• Effective planning and scheduling skills that lead to the completion of proposal efforts in accordance to customer and company requirements
• Develop cost models
• Train others in cost model functionality
• Create tools for proposal analysis – including developing initial cost targets
• Evaluate and innovate existing estimating tools

Qualifications You Must Have

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years experience
• Experience with Microsoft Office
• Experience with proposal development, cost models, price buildup, and/or estimating and pricing processes

Qualifications We Prefer

• Experience with federal proposal regulations such as but not limited to: FAR, DFAR, TINA
• Knowledge of ProPricer and the ability to learn and utilize alternative pricing software as necessary
• Advanced knowledge of Federal Acquisition Regulations (FAR), Part 15, Cost Accounting Standards (CAS), and Raytheon Cost Estimating Manual.
• Demonstrated leadership skills or experience
• Possess strong analytical abilities
• Demonstrated ability to consistently meeting deadlines in a schedule driven environment
• The ability to work well in teams, with peers and management
• Project management and collaboration skills with ability to lead project teams by influencing without direct authority
• Strong organization and analytical skills
• Strong excel and power query skills

What We Offer

• Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

The salary range for this role is 86,800 USD - 165,200 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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