Senior Price Cost Analyst

Job ID: 675991BR Date posted: Sep. 16, 2024 Program: Operations
Description:The coolest jobs on this planet… or any other… are with Lockheed Martin Space

At the dawn of a new space age, Lockheed Martin is a pioneer, partner, innovator, and builder. Our amazing people are on a mission to make a difference in the world and every day we use our unique skills and experiences to create, design, and build solutions to some of the worlds’ hardest engineering problems. Our culture encourages employees to dream big, perform with excellence, and create incredible products. We provide the resources, inspiration, and focus and if you have the passion and courage to dream big, we want to build a better tomorrow with you.

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What does this role look like?

Supply Chain’s vision is to enable customer and mission success through supply chain strategies and execution that deliver superior operational program performance and create competitive advantage through continuous improvement. It is our mission to deliver affordable supply chain solutions that meet all program requirements and manage supply chain risks to ensure positive supplier performance through all phases of the program life-cycle from capture to sustainment.

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This role will offer you the following daily challenges:

o Primarily responsible for the evaluation of supplier proposals.
o Develop supplier capture strategy for pursuit of long-range objectives and strategic plans to ensure effective material integration on program campaign pursuits, and establish new or renewed contracts.
o Performs and documents price/cost analysis on a variety of proposals for development, production, and sustainment of major systems.
o Analyzes supplier's projected estimated costs for reasonableness, reviewing in detail the significant direct cost elements of material, labor, and special tooling.
o Evaluations of supplier proposals are provided to the government customer and used in prime proposal pricing.
o Develops negotiation strategies and concludes both supplier and prime negotiations to achieve company profit objectives and customer affordability goals.
o Represents organization as a Sub-contacts analysis supporting prime negotiations on contracts or projects.
o Interacts with senior internal and external personnel on significant matters often requiring coordination between organizations.
o Exerts influence on the overall proposal settlements which support Supply Chain objectives and long-range goals of the organization.
o Prevents erroneous decisions or failure to achieve objectives, which would normally have a serious effect upon the administration of the organization.
o Plan and participate in training of Price/Cost Analysis practices.
o This candidate will ensure sound subcontractor proposals, evaluate direct/indirect costs, and recommend acceptable labor and indirect rates.
o The audit covers financial statement reviews, accurate current cost statements, reasonable projections, and compliance with FAR 31.2, Cost Accounting Standards, GAAP, and DCAA Guidelines.
o The candidate will also assess accounting and estimating system reasonableness and test related data for direct and indirect expenses, allocability and allowability.

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Although this position does support some teleworking; the preferred candidate will be located near our Lockheed Martin Space facility in Denver, Colorado , and be expected to work in the office as needed and as appropriate.
Basic Qualifications:
To be successful, you will need to possess these basic qualifications:

• Bachelor's degree from an accredited college.
• 4+ years of professional experience in supply chain management, pricing, costing, procurement, and/or contracts.
• The candidate needs to have 3+ years of experience in financial and cost accounting.
• Prior professional experience with data analysis.
• You will need to be a US Citizen, and be able to obtain and maintain a US DoD SECRET clearance, to support this government contract, as well as successfully pass a drug and background check, in order to meet eligibility requirements for access to classified information.

Please note:

No clearance is required to apply or prior to start.
Desired Skills:
To be successful, ideally, you should also have:

• Bachelors degree from an accredited college in a related discipline, or equivalent experience/combined education, with 6 years of professional experience; or 4 years of professional experience with a related Masters degree.
• Demonstrated effective interpersonal skills
• Demonstrated ability to multi-task and manage competing priorities
• Ability to analyze a problem and recommend solutions
• Ability to perform and apply cost accounting, pricing, and estimating concepts and principles.
• Ability to support fact-finding exercises as needed to review the basis of price/cost trends and development of key cost indicators.
• Ability to review Supplier proposals for Compliance
• Ability to successfully interact with various functional organizations (Program Office, Engineering, Finance, Supply Chain, etc.) in obtaining and providing information
• Willingness to work additional hours as required in support of aggressive proposal schedules
• Proficiency in Microsoft Office skills (Excel, Word, Outlook, PowerPoint)
• Ability to work both independently and as part of a team
• Experience in or Knowledge of:
o Financial aspects of proposal pricing
o Material Planning
o Material Estimating
o Work Breakdown Structure (WBS)
o Indentured Parts List (IPL)
o Requirements associated with FAR 15 Certified Cost or Pricing Data
o Use of SAP systems/LM Procure to Pay (LMP2P)

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PLEASE NOTE-Other important information:

• By applying to this role, you are expressing interest in this position and could be considered for other career opportunities, within Lockheed Martin, where similar skills and requirements have been identified as a match.
• Should this match be identified you may be contacted for this and future openings.
• Applicants selected will be subject to a government security investigation and must meet eligibility requirements for access to classified information.

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Benefits of Employment:

Our employees play an active role in strengthening the quality of life where we live and work by volunteering more than 850,000 hours annually.

Learn more about Lockheed Martin’s competitive and comprehensive benefits package here.

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To promote the sharing of ideas, Lockheed Martin champions an inclusive work environment that urges differences and big-picture thinking.

We are creating a better today and tomorrow by seamlessly aligning diversity and inclusion efforts with Lockheed Martin’s values and business strategy. We offer business resource groups such as African American Council for Excellence (AACE), The Women’s Impact Network (WIN), Hispanic Organization for Leadership & Awareness (HOLA), Military/Veterans Network, PRIDE LGBT Professional Network, and more. We are also committed to enabling transitioning veterans to connect with their communities and find new purpose as they reintegrate into civilian life. By clicking on the links, you can find out more on how we proudly support Global Diversity and Hiring Our Heroes

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At Space we value your skills, training, and education. We believe that by applying the highest standards of business ethics and visionary thinking, everything is within our reach – and yours as a Lockheed Martin Space employee… join us to experience your future!
Security Clearance Statement: This position requires a government security clearance, you must be a US Citizen for consideration.
Clearance Level: Secret
Other Important Information You Should Know
Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 9x80 every other Friday off
Pay Rate:
The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Washington or Washington DC is $74,700 - $143,100 . Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.

Benefits offered: 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.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.

This position is incentive plan eligible.
Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
Join us at Lockheed Martin, where your mission is ours. Our customers tackle the hardest missions. Those that demand extraordinary amounts of courage, resilience and precision. They’re dangerous. Critical. Sometimes they even provide an opportunity to change the world and save lives. Those are the missions we care about.

As a leading technology innovation company, Lockheed Martin’s vast team works with partners around the world to bring proven performance to our customers’ toughest challenges. Lockheed Martin has employees based in many states throughout the U.S., and Internationally, with business locations in many nations and territories.
Experience Level: Experienced Professional
Business Unit: SPACE
Relocation Available: Possible
Career Area: Purchasing/Procurement/Supply Chain
Type: Full-Time
Shift: First