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Huntington Ingalls Industries
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Pricing Analyst
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$75k-93k (estimate)
Full Time 4 Days Ago
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Nationwide IT Services is Hiring a Pricing Analyst Near Fairfax, VA

Job Description

Job Description

Pricing Analyst
Fairfax VA
Position Overview:
Nationwide IT Services is seeking a Mid-Senior Level Pricing Analyst to lead the development of strategy and pricing of proposals for Government contracts. This role will be located at our Corporate Headquarters working under the Growth Department.
Duties and Responsibilities:

  • Lead pricing efforts of all sizes and complexities, of all types of contracts (FFP, T&M, LH, CPFF, CPAF, etc.).Collaborating with the Growth team (Directors, Business Unit Directors, program managers, capture managers, contracts/subcontracts, finance, and operations personnel) to ensure that proposal pricing/costing and customer deliverables comply with all federal government regulations (CAS, FAR, DFARS, other agency specific clauses), RFP requirements, and internal policies and procedures.
  • Ad-hoc cost and performance analyses and other special projects as assigned.
  • Perform competitor analysis on similar services and products
  • Serve as the Pricing SME and provide guidance and counsel on all aspects of cost proposal preparation during the proposal process
  • Develop Pricing Narratives based on government solicitations
  • Participate in strategy sessions and color team reviews
  • Work closely with Business Unit Directors, Contracts, Purchasing, Human Resources, Proposals and Operations to ensure accuracy of Basis of Estimates (BOEs)
  • Facilitate/lead pricing reviews with upper management and coordinate with senior staff to determine pricing structure and strategy.
  • Conducting market research to identify trends in the industry and competitors’ pricing strategies
  • Interact with subcontract teammates to ensure data call(s) responses from them are timely

Job Qualifications:

  • Bachelor's Degree in Finance, Accounting, Business, Math, or related
  • 8-10 years of GovCon pricing and/or finance experience
  • Working knowledge of all contract types
  • Advanced/Expert with Microsoft Excel
  • Functional knowledge of FAR, DFARs and CAS
  • Excellent analytical and critical thinking skills
  • Strong communication, interpersonal and organizational skills
  • Be able to work within a fast-paced environment with tight deadlines

About Nationwide IT Services
NIS is an IT and Management consulting company, designated 8(a) by the SBA, and a CVE-verified Service Disabled Veteran Owned Small Business. Our mission is to deliver value-added services to our customers, leveraging technology, people, and industry best practices to implement innovative solutions through our trusted employees and team members.
 
Our benefits package includes medical, dental, and vision insurance, life and disability insurance, 401(k) plan with employer match, paid holidays, PTO (sick/vacation), commuter benefits, employee assistance program (EAP) and educational reimbursement along with Pet Insurance.
 
Nationwide IT Services, Inc. provides equal employment opportunities (EEO) to all qualified applicants for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, genetics, disability or protected veteran status.

Job Summary

JOB TYPE

Full Time

SALARY

$75k-93k (estimate)

POST DATE

04/26/2024

EXPIRATION DATE

05/13/2024

WEBSITE

nw-its.com

HEADQUARTERS

Fairfax, VA

SIZE

100 - 200

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

If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Analyst job description and responsibilities

Pricing analysts understand business trends and market values for the products and services their organizations offer.

03/24/2022: Virginia Beach, VA

Pricing analysts help determine what prices to set and whether current rates need adjustment.

02/05/2022: Denver, CO

Pricing analysts conduct research to learn the history of the product and previous market trends.

02/24/2022: Lafayette, LA

Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.

03/14/2022: Boca Raton, FL

Heavily quantitative role focused on guiding management through developing pricing policies.

03/05/2022: Helena, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Analyst jobs

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

04/10/2022: Fayetteville, NC

Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.

01/21/2022: Springfield, IL

Use pricing models to measure product profitability.

03/27/2022: Pittsfield, MA

Undertake ad-hoc pricing analysis as required by superiors.

03/02/2022: Boulder, CO

Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

03/12/2022: Hopkinsville, KY

Step 3: View the best colleges and universities for Pricing Analyst.

Butler University
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