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Cost Analyst
MAG Areospace Aberdeen, MD
$69k-89k (estimate)
Other 4 Months Ago
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MAG Areospace is Hiring a Cost Analyst Near Aberdeen, MD

Position Summary

MAG Aerospace is seeking an experienced Cost Analyst to be responsible for adhering to cost regulations, analyzing, and evaluating costs, policies, regulations, and procedures relative to the life-cycle development, acquisition, deployment, and operation of the complex and technologically advanced Terrestrial Spectrum Warfare related systems in concert with other Agencies, Department of Defense (DoD) Services, DoD Support Agencies and Department of the Army (DA).

This is a fantastic opportunity to join a fast-growing team in the early stages of a recently awarded 5-year task order with multiple opportunities for upward advancement supporting EW&C. The EW&C program delivers critical capabilities to counter current and future threats, enabling the next generation of warfighting capabilities from sensor to Soldier worldwide. By applying game changing cyber technologies through agile development methodology, we enable battlefield dominance for our Warfighters.

Essential Duties and Responsibilities

Duties include, but not limited to:

  • Serve as a senior cost analyst responsible for adhering to cost regulations, analyzing, and evaluating costs, policies, regulations, and procedures relative to the life-cycle development, acquisition, deployment, and operation of the complex and technologically advanced Terrestrial Spectrum Warfare related systems in concert with other Agencies, Department of Defense (DoD) Services, DoD Support Agencies and Department of the Army (DA).
  • Perform cost analysis work. Work will include mastery of integrated cost analysis and cost estimating for life cycle cost estimate development, procurement, and operations as it relates to Research, Development, Test, and Evaluation (RDTE), Procurement (OPA), and Operations (OMA) funding consistent with DoD Financial laws, regulations, and guidance.
  • Develop and recommend changes to estimates and policy/guidance independently while prioritizing and analyzing projects to assure funding and accomplishment of the mission.
  • Cost estimate development and validation will be performed on programs routinely exceeding a billion dollars in life cycle costs and will influence development of budget/Program Objective Memorandum (POM) within the five-year defense plan and for costs beyond the POM.
  • Routinely perform tasks with minimal supervisory interaction and provide sound recommendations as it relates to estimate, policies, procedures, regulations and/or public law.
  • Review and interpret proposed and new regulations and provide updated guidance and procedures within the organization. Appropriations will include RDTE, Procurement, and Operations and Maintenance, Army (OMA) to derive production investment and total life cycle costs.
  • Participate with numerous government activities throughout DoD in the development production and/or acquisition of systems; numerous interface requirements with other weapon systems or with government activities within and external to DoD, and with multiple contractors, Services and Agencies engaged in the development and production of the systems. Assigned areas relate to significant tasks involving studies, analyses, and reports required to support assigned programs (e.g., Work Breakdown Structures Program Networks, Design-to-Cost, Baseline Cost Estimates Schedule Risk Analysis, Cost Estimates) by applying new analytical techniques or adapting existing evaluative methods for specific and specialized problems.
  • Evaluates programs to identify, integrate, and synthesize all divergent aspects of the total system cost analysis/cost estimating program, including receipt and adaption of inputs from various related programs and functions within PdM TSW.
  • Recommends POM and other budget positions and participates in cost analysis studies that require the identification and correlation of operations, and cost factors in a great variety of operational situations associated with systems development, production, and deployment efforts.
  • Leads development of cost plans and procedures to include studies consisting of comparative analyses of cost models for alternative systems including correlation between schedules, technical requirements and cost; comparative analysis of relationships among cost growths, contract changes and funding arrangements; independent studies and estimates for initial production and production changes; analyses of cause and effect cost relationships arising from diversity in specific operational program objectives and similar studies; and life-cycle cost estimates to ensure accurate data and budgetary needs.
  • Develops program cost estimates for PdM TSW to use in the POM and later fiscal years for all estimated appropriations such as RDT&E, Procurement and Operations and System Maintenance by identifiable work breakdown structure consistent with Military Standard (MIL-STD) and capabilities requirements inclusive of quantity; life cycle sustainment plan; Acquisition Strategy, Test and Evaluation Management Plan to provide an estimated cost of the program and future budgetary needs.
  • Integrates a full suite of estimation tools, guidance, and provides inclusion of actuals from available systems and contracts to develop a sound estimating approach and cost estimate to assure the most precise cost projection possible of the eventual cost for inclusion in POM and beyond.
  • Projects future costs and makes recommendations to reallocate budget dollars to improve productivity.
  • Develops unique program variance analysis to reflect pertinent variances for estimation and future budget goals.
  • Makes sound program recommendations and assessments of program performance to the PdM TSW, PM EW&C, PEO IEW&S, and key stakeholders based on mastery of the subject matter and analysis of capability increases/ decreases, contractor, cost/increases decreases, items added/deleted, other cost increases/decreases.
  • Integrates contractor cost information reported by each major contractor, which includes RDT&E and production contracts information, to assess contractor cost data (e.g., categories of information as cost to date scheduled/budget land actual, price at completion budgeted/contractor estimated, and Project Manager estimate) which includes an estimate of work requirements not yet authorized to the contractor. Reviews future work plans from government and provides a sound path forward for program funding and completion.
  • Other duties may be assigned

Requirements

Knowledge and Skills Minimum Requirements

  • Experience using Automated Cost Estimating Integrated Tools (ACEIT), Microsoft Office, including Word, Excel (to include pivot tables), and PowerPoint.
  • Excellent interpersonal skills, proven verbal and written communications, and the ability to work on multi-functional teams in a fast-paced development environment
  • Ability to self-start and multi-task in a fast-paced environment and prioritize multiple tasks with minimal supervision
  • Excellent organizational, problem solving, and strategic thinking skills
  • Knowledge of acquisition cost analysis, cost estimating, and cost estimation tools in support of program life cycle cost management consistent with DoD regulations, best commercial practices and applicable laws guiding government funding.
  • Functional knowledge of program life cycle acquisition management functions such as Acquisition Program Management, Contracting, Budget and Execution, Logistics and Operation and Sustainment as it relates to cost estimates.
  • Knowledge of management techniques such as application of cost driver metrics to improve cost estimation and program management processes.
  • Skill in cost analysis and cost estimation to integrate information from various automated financial management systems and develop costs and budget information for the POM and beyond routinely exceeding a billion dollars.
  • Ability to interpret Public Laws, Regulations, Procedures and Policies to develop guidance on the consideration and applications of cost analysis/cost estimating for the project management processes.

Clearance:

  • Must currently possess a Secret DoD Security clearance with the ability to obtain a Top Secret

Education and Experience 

  • High School/GED Equivalent

  • 7 years' of experience

Preferred Qualifications 

  • Top Secret DoD Security Clearance

  • BA or BS degree, preferred Business, Accounting, Finance, Mathematics, or Economics

Other Qualifications

  • Ability to work within an office environment

Special Note

The position is contingent upon candidate’s ability to meet physical and medical requirements as needed by the position; including compliance with all applicable federal, state, and local jurisdictional requirements.

Government or customer site-specific requirements may include, but are not limited to, proof of full COVID-19 vaccination status, except in circumstances where a candidate is legally entitled to an accommodation.

Company Policy

MAG Aerospace (MAG) is an Equal Opportunity/Affirmative Action Employer and is committed to Diversity and Inclusion. We encourage diverse candidates to apply to our positions.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.Click below for the “EEO is The Law” and “Pay Transparency Nondiscrimination” supplement posters.

https://www.dol.gov/agencies/ofccp/posters

MAG Aerospace (MAG) is committed to providing an online application process that is accessible to all, including individuals with a disability, by offering an alternative way to apply for job openings. This alternative method is available for those who cannot otherwise complete the online application due to a disability or need for accommodation.MAG provides reasonable accommodation to applicants under the guidance of the Americans with Disabilities Act (ADA), Section 503 of the Rehabilitation Act of 1973, the Vietnam-Era Veterans’ Readjustment Assistance Act of 1974, and certain state and/or local laws.

If you need assistance due to a disability, please contact the MAG Aerospace Recruiting email:Applicant.Assist@magaero.com or call (703) 376-8993.

Job Summary

JOB TYPE

Other

SALARY

$69k-89k (estimate)

POST DATE

11/17/2022

EXPIRATION DATE

06/24/2024

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The following is the career advancement route for Cost Analyst positions, which can be used as a reference in future career path planning. As a Cost Analyst, it can be promoted into senior positions as a Cost Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cost Analyst. You can explore the career advancement for a Cost Analyst below and select your interested title to get hiring information.