Price Cost Analyst
About the position As a Price Cost Analyst - Staff within our Center of Excellence, you will play a vital role in evaluating certified proposals submitted by subcontractors and suppliers. Our team performs and documents price/cost analysis on a variety of Supplier proposals for development, production and sustainment programs for our US Government customers. Responsibilities • Detailed analysis of supplier proposals, evaluating cost elements such as Direct Materials, Labor Hours, Other Direct Costs, Direct (labor) Rates and Indirect (overhead) Rates, Tooling, NRE and Profit. • Make determinations regarding fair and reasonable pricing based on analysis reports. • Provide evaluations of supplier proposals to the government customer for prime proposal pricing. • Collaborate with stakeholders in Supply Chain, including Subcontract Management, Engineering, Material Cost Estimating, Compliance and US government agencies. • Produce comprehensive written reports that inform decisions and contribute to prime proposal submissions. • Support price negotiations, ensuring alignment between Lockheed Martin and its subcontractors/suppliers. • Travel (10-20%) to conduct audits at subcontractor facilities. • Support audits and field inquiries from US Government customers regarding findings. • Contribute to organizational initiatives, including process improvement and cost-estimating advancements. Requirements • Experience with financial data analysis and/or financial modeling. • Experience with Negotiations. • Proficiency in Microsoft Office (Excel, Word, PowerPoint). • Travel is required, approximately 10-20%. Nice-to-haves • Auditing experience. • Knowledge of Financial and Managerial Accounting concepts. • Knowledge of Overhead Rate development. • Supply Chain experience. • Presentation skills. • Familiarity with Federal Acquisition Regulations (FAR). • Master's degree in Finance, Accounting, Supply Chain, or MBA. • CPA Certification. Benefits • Medical, Dental, Vision, Life Insurance. • Short-Term Disability, Long-Term Disability. • 401(k) match. • Flexible Spending Accounts. • EAP, Education Assistance. • Parental Leave. • Paid time off, and Holidays. Apply tot his job