Sr Cost Analyst

Socket.dev; Virginia (MN); Hybrid; USD 110,000 - 150,000; Full time

Job summary

IMSolutions seeks a Senior Cost Analyst to support a federal acquisition, focusing on cost estimating, modeling, price analysis, and acquisition support. The role involves evaluating proposals, reviewing financial data, and ensuring cost reasonableness and compliance with FAR.

The successful candidate will provide expert analyses, collaborate with government teams, and present findings to senior stakeholders, enabling informed decisions for government contracts.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field.
• Minimum of seven (7) years of progressively responsible experience performing cost analysis, price analysis, cost estimating, or acquisition support.
• Experience supporting federal government acquisitions and procurement activities.
• Experience evaluating certified cost or pricing data and other-than-certified cost data.
• Knowledge of Federal Acquisition Regulation (FAR) principles related to cost and price analysis.
• Experience reviewing technical proposals, cost volumes, and financial data.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent written and verbal communication skills.
• Ability to work independently in a remote or hybrid environment while managing multiple priorities.

Responsibilities

• Assist with the development of cost estimates and cost models for a variety of government acquisitions.
• Provide subject matter expertise regarding proposed acquisition approaches, contractor pricing strategies, and cost methodologies.
• Review and analyze cost volumes, technical proposals, and corporate financial statements.
• Conduct cost analyses to determine whether proposed prices are fair and reasonable.
• Support the evaluation of certified cost or pricing data in accordance with federal acquisition regulations.
• Perform detailed analyses of individual cost elements, including labor, materials, subcontract costs, indirect rates, and profit/fee.
• Evaluate data other than certified cost or pricing data when determining cost reasonableness or cost realism.
• Recommend and employ appropriate analytical techniques and procedures based on the complexity and circumstances of each acquisition.
• Support acquisition teams during proposal evaluations, negotiations, and price determination activities.
• Prepare cost analysis reports, findings, and recommendations for contracting officers and acquisition stakeholders.
• Assess contractor accounting, estimating, and financial information to support pricing decisions.
• Collaborate with government personnel and cross-functional teams to support acquisition planning and execution.
• Analyze historical cost data, market research, and pricing trends to support procurement decisions.
• Develop and present analytical findings and recommendations to senior leadership and acquisition officials.
• Ensure compliance with applicable federal acquisition regulations, policies, procedures, and agency guidance.

Skills

Cost estimation

Cost modeling

Cost analysis

FAR knowledge

Analytical thinking

Communication skills

Education

Bachelor's degree in Finance, Accounting, Business

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Microsoft Teams

Microsoft SharePoint

Job description

IMSolutions is seeking a Senior Cost Analyst to support a future opportunity with a federal agency anticipated to begin in September 2026.

Employment Type: Full-Time
Location: Remote/Hybrid as authorized by the Government and Companyas requested by the government.

Position Summary

The Senior Cost Analyst will provide expert cost estimating, cost modeling, pricing analysis, and acquisition support services. This position requires extensive experience performing cost and price analysis to determine fair and reasonable pricing, evaluating contractor proposals, and providing subject matter expertise on cost-related aspects of federal acquisitions.

The Senior Cost Analyst will support acquisition teams by reviewing cost proposals, technical approaches, and corporate financial information to assess cost reasonableness, realism, and compliance with applicable federal regulations and acquisition requirements. The successful candidate will apply advanced analytical techniques and sound professional judgment to support complex acquisition decisions.

These functions include:

• Assist with the development of cost estimates and cost models for a variety of government acquisitions.
• Provide subject matter expertise regarding proposed acquisition approaches, contractor pricing strategies, and cost methodologies.
• Review and analyze cost volumes, technical proposals, and corporate financial statements.
• Conduct cost analyses to determine whether proposed prices are fair and reasonable.
• Support the evaluation of certified cost or pricing data in accordance with federal acquisition regulations.
• Perform detailed analyses of individual cost elements, including labor, materials, subcontract costs, indirect rates, and profit/fee.
• Evaluate data other than certified cost or pricing data when determining cost reasonableness or cost realism.
• Recommend and employ appropriate analytical techniques and procedures based on the complexity and circumstances of each acquisition.
• Support acquisition teams during proposal evaluations, negotiations, and price determination activities.
• Prepare cost analysis reports, findings, and recommendations for contracting officers and acquisition stakeholders.
• Assess contractor accounting, estimating, and financial information to support pricing decisions.
• Collaborate with government personnel and cross-functional teams to support acquisition planning and execution.
• Analyze historical cost data, market research, and pricing trends to support procurement decisions.
• Develop and present analytical findings and recommendations to senior leadership and acquisition officials.
• Ensure compliance with applicable federal acquisition regulations, policies, procedures, and agency guidance.

Minimum Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, Mathematics, Statistics, or a related field.
• Minimum of seven (7) years of progressively responsible experience performing cost analysis, price analysis, cost estimating, or acquisition support functions.
• Experience supporting federal government acquisitions and procurement activities.
• Experience evaluating certified cost or pricing data and other-than-certified cost data.
• Knowledge of Federal Acquisition Regulation (FAR) principles related to cost and price analysis.
• Experience reviewing technical proposals, cost volumes, and financial data.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent written and verbal communication skills.
• Ability to work independently in a remote or hybrid environment while managing multiple priorities.

Required Skills:

• Strong cost estimating and cost modeling capabilities.
• Expertise in cost and price analysis methodologies.
• Ability to assess cost realism and reasonableness of contractor proposals.
• Knowledge of federal acquisition and procurement practices.
• Exceptional attention to detail and analytical accuracy.
• Strong organizational and project management skills.
• Ability to communicate complex financial and acquisition concepts to technical and non-technical audiences.
• Experience preparing professional reports, briefings, and recommendations for senior stakeholders.

Technical Skills:

• Microsoft Word
• Microsoft Excel
• Microsoft PowerPoint
• Microsoft Teams
• Microsoft SharePoint

Desired Qualifications:

• Demonstrated experience supporting federal acquisition, contracting, or procurement activities.
• Proven ability to conduct complex cost and price analyses.
• Experience reviewing contractor cost proposals and evaluating financial data.
• Ability to interpret and apply applicable acquisition regulations and policies.
• Ability to obtain and maintain any required government credentials or clearances as specified by the customer.

Suitability Requirement:

A full background check will be required.

Who We Are,

IMSolutions is a rapidly growing woman-owned, veteran-owned Virginia-based management consulting company. We specialize in providing innovative and cost-competitive business and program management solutions to our clients across the public sector. Primarily, our support encompasses assisting clients in acquiring mission‑critical capabilities, including developing holistic program strategies for successfully inserting technologies to achieve material solutions efficiently and expeditiously.

At IMSolutions, LLC (IMS), service to our clients, each other, and communities is central to everything we do. We understand, comprehend, and appreciate that people with diverse backgrounds, experiences, and points of view lead to better and more comprehensive ideas and solutions. Our IMS culture and commitment to difference and inclusivity help us grow as individuals and in partnership with our clients to drive our unparalleled solutions and customer experience.

Equal Employment Opportunity

IMS is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration regardless of race, color, religion, sex, ethnicity, national origin, sexual orientation, gender identity, age, marital or family status, disability, or status as a protected veteran.

IMS is a federal contractor that desires priority referrals of protected veterans for job openings.

IMS is an E-Verify Employer.