Cost/Price Analyst

Overview

  • Responsible for the creation, examination, analysis and pricing of cost data pertaining to labor, materials, equipment and other cost or pricing elements of Government Requests for Proposals and Invitations for bid. Makes recommendations on methods, procedures and techniques to be used in cost proposal preparation. Ensures adequate pricing in compliance with the Estimating Manual, Government regulations and guidelines with minimal supervision. Participates in the preparation and presentation of proposal cost or pricing data to Senior Management.

Responsibilities

This position description is subject to change at any time as needed to meet the requirements of the program or company.
  • Reviews Government Request for Proposals (RFP) and Invitations for Bid (IFB) to determine general and specific cost requirements and ensures proposals comply with all requirements.
  • Receives pricing data, and makes recommendations on methods, procedures and techniques for pricing proposals.
  • Under minimal Supervision develops pricing models and templates using intimate knowledge of all contract types; FFP, CPFF, CPF, etc.
  • Coordinates and maintains staffing model and basis of estimates with support from Program and Project leaders.
  • Coordinates with area leads, SMEs, HR, etc. to update workload drivers and justifications for positions as required.
  • Examines and analyzes cost data relevant to labor, materials, supplies, parts, equipment and other expenditures.
  • Under minimal Supervision analyzes contracts for relevant cost data, trends, historical data, work categories and other related information to make best business decisions.
  • Secures indirect rates from the Corporate Controller's Department to be priced, i.e., Fringe, Overhead, G&A.
  • Participates in the development of detailed cost rationale and retains backup information to support bid.
  • Maintains records and files to support proposal submissions and reviews the records of junior estimators.
  • Prepares the development of various financial reports to include cash flow and operational income analysis for proposals.
  • Ensures price proposals are prepared in accordance with FAR, CAS applicable laws and regulations and Corporate Disclosure Statement.
  • Supports DCAA audits as applicable.
  • Prepare pricing presentations to Senior Management.
  • Performs other duties and assignments as required.

Qualifications

  • Minimum Qualifications:
    • Bachelor's degree in Business or related field, or eight years of relative experience with no degree.
  • Experience:
    • Greater than 4 years of experience in a project controls, accounting or estimating role while supporting Government projects.
    • DoD contingency operations experience preferred.
  • Skills:
    • Must possess an understanding of techniques and procedures used in development of cost proposals and must be capable of independent judgment and operation.
    • Exceptional skills in Excel and proficient in Word, Access and Power Point software.
    • Familiar with US Government contracting regulations such as: FAR, DFARs and CAS.
    • Ability to work in a fast-paced environment and retain attention to detail.
  • Travel:
    • Ability to travel approximately 20% of work time, to include both domestic and overseas locations
  • Working Conditions:
    • Office working environment requiring prolonged sitting and extensive keyboard and computer operation
  • Physical Requirements:
    • Light work. Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects.
    • If the use of arm and/or leg controls requires exertion of forces greater than that for sedentary work and the worker sits most of the time, the job is rated for light work.


We are committed to an inclusive and diverse workplace that values and supports the contributions of each individual. This commitment along with our common Vision and Values of Integrity, Respect, and Responsibility, allows us to leverage differences, encourage innovation and expand our success in the global marketplace. Vectrus is an Equal Opportunity /Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, protected veteran status or status as an individual with a disability. EOE/Minority/Female/Disabled/Veteran.

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