What are the responsibilities and job description for the Cost and Pricing Analyst position at Karman Space & Defense- Huntington Beach?
- Huntington Beach
SUMMARY
The position of Cost & Pricing Analyst is responsible for analyzing data and using all the resources available to determine and provide cost estimates for product manufacturing, projects, or services. This individual will be communicating with various departments to generate these cost estimates and presenting them to upper management. Although this position takes place in an office environment, it is expected that the Cost & Price Analyst is highly familiar with production operations and physical inventory.
ABOUT US
Karman Space & Defense provides concept-to-production solutions for mission-critical systems on spacecraft, launch vehicles, missiles, hypersonics, and integrated defense systems. We believe that solving the industry’s most complex and mission-critical challenges requires relentless determination and a willingness to push the boundaries of possibility. Karman Space & Defense brings to bear unparalleled production capabilities, unmatched engineering expertise, and unflinching analysis to render the impossible, possible.
COMPENSATION & BENEFITS
- Medical, Dental, Vision
- Company Paid Life Insurance
- 401(k) Retirement Savings Plan
- Paid Time Off (PTO)
- Paid Holidays
- Tuition Reimbursement*
ESSENTIAL DUTIES & RESPONSIBILITIES
- Construct, validate, and monitor data accumulation for financial reporting.
- Provide cost analysis results to assist senior management in decision making or other financial initiatives.
- Perform variance analysis between actual and standard costs.
- Monitor, analyze and report on inventory valuation, production and various other costs.
- Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
- Provide productivity analysis.
- Review and analyze product margins for all customers and support Sales department with timely reports.
- Review reporting for trends and investigate abnormalities.
- Collect historical cost data to estimate costs for current or future products.
- Partner with Operations to update and review standard and actual costs.
- Partner with Contracts to submit proposals and respond to customer inquiries in an accurate and timely manner
- Partner with Director of Finance and Controller to provide accurate data to auditors as needed
- Review monthly manufacturing cost activity during monthly close cycle.
- Monitor cycle counting processes and variances.
- Validate inventory cost reporting.
- Partner with operations to be an onsite resource for physical inventory counts.
- Partner with operations to review and analyze overstock and obsolete statement quarterly.
- Ability to observe, receive, and otherwise obtain information from all relevant sources.
- Being able to identify the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
- Estimate sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity.
- Use relevant information and individual judgement to determine whether events or processes comply with laws, regulations, or standards.
EDUCATION & EXPERIENCE
- BA or Master’s degree in Business Administration, Accounting or Finance.
- Experience with Government contracts and FAR/DFAR compliance is a plus.
- 2-3 years of experience in this field is preferred.
- Ability to read, speak and write in English.
ITAR REQUIREMENTS:
- To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.
TRAVEL REQUIREMENTS: Minimal travel may be required.
EQUAL OPPORTUNITY EMPLOYER
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
Karman is committed to equal employment opportunity. We will not discriminate against employees or applicants for employment on any legally recognized basis (“protected class”) including, but not limited to race; color; religion; genetic information; national origin; sex; pregnancy, childbirth, or related medical conditions; age; disability; citizenship status; uniform servicemember status; or any other protected class under federal, state, or local law. Our management is dedicated to ensuring the fulfillment of this policy with respect to hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment advertising, pay, and other forms of compensation, training, and general treatment during employment.