Cost/Price Analyst Associate

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Job description

Job Title: Price Analyst

Location: Irvine CA

Position Type: Contract

Job Summary

Responsible for the development and coordination of accurate, well-supported project cost analyses, price estimates and proposals for MDSI goods and services. Duties may also include reviewing and responding to RFP's and RFQ's initiating pricing requests and coordinating internal price reviews. Candidate must be able to work independently or in a team supporting cost analysis and estimating function. Attention to detail is critical.

Essential Duties & Responsibilities

Analyzing RFP/RFQ requirements and, project-to-date cost performance, and Statements of Work, preparation of cost estimates / proposals and preparing / analyzing and evaluating Estimates to Complete.

Prepares detailed, accurate, complete and timely cost analyses, estimates and proposals for MDSI customers and coordinates their review and approval by functional managers and company management prior to submission. Consider cost factors such as: materials, labor, equipment, tools, testing, Other Direct Costs (ODC), transportation costs, as well as indirect rates and factors when preparing analyses, estimates and cost projections. Coordinate, submit, and track approved proposals.

Maintain department Proposal Log and centralized files. Assist Pricing Manager in the

performance of their respective administrative duties.

Remains current on all aspects of company operations, engineering manufacturing and production techniques as well as company business management software such as Deltek / CostPoint.

Reviews RFP / contract terms & conditions and SOW requirements in order to assess impact of these on cost of project performance.

Maintains accurate, complete and well-documented files. Strong written and oral communication skills are a must. Outstanding organizational skills and ability to absorb/manage large quantities of information in a fast-paced environment are essential.

Determines preferred estimating techniques and methods for cost proposals and analyses. Must be able to analyze technical and programmatic risk factors and incorporate these factors into cost estimates and analyses.

Develops, manages, and builds positive client relationships.

Other responsibilities as assigned.

Qualification Requirements (Skills, Knowledge and Abilities required)

Education and experience:

BA/BS from 4-year college/university or equivalent experience; OR 2 to 4 years related experience and/or training.

Experience must include a) pricing and administering DoD contracts and/or major prime subcontracts; b) Military/Aerospace industry with FARDFARS regulations.

Language skills:

Ability to read and interpret documents such as procedure manuals, contract documents and customer correspondence. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers and employees of the organization. Ability to communicate in English. Ability to pay close attention to detail and produce documents with a high level of accuracy.

Mathematical skills:

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Reasoning ability:

Ability to apply common sense understanding to carry out instructions in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Interpersonal skills:

As a member of the organization, the employee is expected to work effectively with co-workers, customers and others by sharing ideas in a constructive and positive manner; listening to and objectively considering ideas and suggestions from others; keeping commitments; keeping others informed of work progress, timetables and issues; addressing problems and issues constructively to find mutually acceptable and practical business solutions; addressing others by name, title or other respectful identifier and; respecting the diversity of our work force in actions words and deeds.

Interactions:

Must have the ability to interact with all functions and levels inside and outside the Company. Must be a team player with strong leadership skills. Must have the ability to accomplish work through others in a matrix management environment. Access to sensitive information - confidentiality required. Interacts with all departments and customers.

Computer skills:

PC. Word processing (WORD), spreadsheets (Excel), CostPoint.

Tools/Equipment Used on The Job:

P.C., telephone, fax, copier.

Physical/mental demands:

Position involves sitting, standing and/or walking. Position requires ability to frequently exert up to 10 pounds of force to move/lift objects and occasionally exert minimal force to move/lift objects.

Specific vision abilities required by this job include close vision, and the ability to adjust focus. While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms. Regularly required to sit and use computer/keyboard. Light to moderate lifting required. Position requires the ability to hear and speak clearly. Must be able to handle fluctuating workload and multiple priorities. Occasional travel required. Accountability to established schedules/time pressures required.

Work environment:

The noise level in the work environment is usually moderate. Work performed in office environment. Work area subject to air conditioning.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of this job. This job description is not intended to be all-inclusive. An employee may also perform other reasonably related business duties as assigned by his/her supervisor.

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