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About the role
- Senior Principal Price/Cost Proposal Analyst for Northrop Grumman evaluating supplier proposals across multiple contract types. Collaborate with cross-functional teams to ensure compliance and quality in pricing analysis submissions.
Responsibilities
- Evaluates proposals (internal and external) for compliance to Federal Acquisition Regulation (FAR) and Northrop Grumman requirements
- Prepares and performs a detailed analysis documented in a Price/Cost Analysis Report (PCAR) of supporting documentation to validate labor, material, and other cost elements such as travel, other direct costs (ODCs), rates, escalation and profit/fee.
- Conducts market research, analyze historical data, and develop cost estimating models and factors to evaluate price reasonableness and develop negotiation positions.
- Compiles information from periodicals, catalogs, and other sources to stay informed on regulations (e.g., FAR, DFARS, etc.), price trends and manufacturing processes.
- Confers with suppliers and analyzes suppliers' operations to determine factors that affect prices.
- Participates in fact-finding sessions via telecom or at supplier’s site to review basis of estimates (BOEs) and source documentation verifying proposal cost estimates.
- May analyze and audit direct/indirect rates at supplier locations to provide rate recommendations.
- Perform regression analysis to account for learning or quantity variance as required.
- Requests and obtains DCAA Assist Audits where applicable.
- Interfaces with responsible engineers regarding the integration of technical evaluations into the cost analysis when appropriate.
- Establishes supplier proposed vs. negotiation objective positions by major element of cost to attain formal Supply Chain Management approval for supplier negotiations and prepares presentations summarizing the review.
- Provide negotiation support throughout the subcontract definitization process.
- Maintains all records and supporting data used and provided in support of proposals.
Requirements
- Bachelor's degree in business, mathematics, finance, economics, or related discipline with 8 years of related experience; or Masters degree within stated fields and 6 years of related experience; or 4 Years with PhD in stated fields.
- Must have the ability to obtain and maintain a DoD Secret Clearance
- Must have the ability to obtain and maintain Special Access Program (SAP) clearance.
- Must have current/prior Price Cost Analysis experience inclusive of report writing.
- Must have a working knowledge of the Government contracting environment (FAR and DFARS)
- Ability to perform and apply cost accounting, pricing and estimating concepts and principles.
- Ability to meet deadlines in a challenging, multi-tasking environment while managing multiple proposals with excellent analytical skills and attention to detail.
Benefits
- Health insurance
- 401(k) matching
- Paid time off (PTO)
- Flexible work arrangements
- Professional development opportunities
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