Price/Cost Proposal Analyst Level 2

Northrop Grumman•Melbourne, FL

2d•$65,500 - $98,300•Onsite

About The Position

Northrop Grumman Aerospace Systems (NGAS) is currently seeking a Price/Cost Proposal Analyst Level 2 to join their team in Melbourne, FL. This position is responsible for producing high-quality analysis of supplier proposals. The role involves evaluating supplier proposals through various analysis techniques to assess a fair and reasonable position, documented in a price/cost analysis report (PCAR). The analyst will encounter various contract types, such as fixed price, cost type, and indefinite delivery/indefinite quantity (IDIQ) contracts. Other responsibilities include Option Price Verifications and evaluating Requests for Equitable Adjustment (REAs). The role will provide valuable insight into supplier risk, negotiation positions, and contribute to an executable baseline for subcontract management teams. This position collaborates 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. Additionally, the role provides quality and compliance reviews for Northrop Grumman prime proposals prior to submission, focusing 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 also includes internal audit of various cost estimating relationships (CERs) and ensures compliance with the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS) and Northrop Grumman policies and procedures.

Requirements

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 discipline
Knowledge of statistical and forecasting concepts and techniques
Proficiency with MS Office Suite, specifically Excel and Word
Ability to obtain and maintain a DoD Secret Clearance
Ability to obtain and maintain Special Access Program (SAP) clearance.

Nice To Haves

Active 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 data
Meet deadlines in a challenging environment and manage multiple simultaneous projects with attention to detail
Technical 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 position
Self-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 clearance
Experience working on or contributing to Government proposals
Familiarity and/or practical experience with regression analysis
Conceptual or practical knowledge of cost improvement curves
Working knowledge of the Government contracting environment (FAR and DFARS) and various contract types as outlined in FAR 15
Knowledge 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 systems
Hands-on experience with SAP
Familiarity with aerospace production operation functions, tasks, and processes
Background in Global Supply Chain Subcontract/Procurement requirements

Responsibilities

Producing high quality analysis of supplier proposals.
Evaluating 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).
Encountering various contract types, such as fixed price, cost type, and indefinite delivery/indefinite quantity (IDIQ) contracts.
Performing Option Price Verifications and evaluating Requests for Equitable Adjustment (REAs).
Providing valuable insight into supplier risk, negotiation positions, and contributing to an executable baseline for subcontract management teams.
Collaborating 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.
Providing quality and compliance reviews for Northrop Grumman prime proposals prior to submission, focusing on content (basis of estimate (BOE), consolidated bill of material (CBOM or BOM) and the cost volume), spelling and grammar, and rate application verification.
Conducting internal audit of various cost estimating relationships (CERs).
Ensuring compliance with the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS) and Northrop Grumman policies and procedures.
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 requirements.
Conducting research into market and historical data and developing cost estimating models to evaluate price reasonableness and develop negotiation positions with subcontractors.
Compiling information from periodicals, catalogs, and other sources to stay informed on regulations (e.g., FAR, DFARS, etc.), price trends and manufacturing processes.
Conferring with suppliers and analyzing suppliers' operations to determine factors that affect prices.
Issuing requests for information and fact-finding questions to suppliers and participating in fact-finding meetings to review bases of estimates (BOEs) and source documentation.
Requesting DCMA/DCAA assist audits where applicable.
Interfacing with responsible engineers regarding the integration of technical evaluations into the cost analysis when appropriate.
Preparing and presenting data for Supply Chain Management review to establish negotiation objective positions; Providing negotiation support through subcontract award.
Maintaining records and supporting data used and provided in support of proposals.