What are the responsibilities and job description for the Pricing Analyst position at Torch Technologies, Inc.?
Torch Technologies
Thank you for your interest in employment with Torch Technologies. We are a 100% employee-owned, Certified Great Place To Work and named Best Places to Work in Huntsville/Madison County, headquartered in Huntsville, AL. Our team provides superior research, development, and engineering services to the Federal Government and Department of War. As one of the nation’s top 100 defense companies, the services we provide directly support the men and women who serve our country. Our corporate mission sums up the pride our employee-owners take in the work we do: “Lighting the Pathway of Freedom”. And, as a Certified Evergreen ESOP, we have made the commitment to grow and sustain our company for the next 100 years! Come grow with us!
Torch Technologies is seeking a Pricing Analyst to support our Pricing Department. Successful candidate must be detail oriented, highly organized and self-starting. Should possess knowledge and capabilities to perform tasks related to pricing and cost/financial analysis. Should have a full understanding of the pricing process from RFP to Proposal submission, support of Evaluation notices and Best and Final process. Experience in the development of price proposals for all Contract Types (CPFF, FFP, T&M, etc.). Must be able to manage multiple proposals and proposal managers with competing priority levels. Candidate possess intermediate to advanced Microsoft Excel/Word skills to assist in preparation of full cost volumes and prepare pricing data calls to team members/subcontractors to include templates, data call instructions and communication to provide responses/guidance to questions. Proficiency in pivot tables, SUMIF, INDEX/MATCH, and other functions. Under direct supervision, must be able to perform cost/price analysis and other analytical schedules as required in RFP or for management to make informed decisions to project effort.
As a Pricing Analyst your duties will include the following, but are not limited to:
Day-To-Day Activities
Proposal Development Support:
Work Location: Torch- Site
Travel: Yes, 0-10%
Relocation Assistance Available: No
Position Contingent Upon Award of Contract: No
Benefits
Torch Technologies is proud to offer a stable and professional work environment, a competitive salary, and an excellent, comprehensive benefit package including: ESOP participation, 401(k) match and safe-harbor contribution, medical, dental, vision, life insurance, short-term disability, long-term disability, flexible spending accounts, Health Saving Accounts and Health Reimbursement Accounts, EAP, education assistance, paid time off, and holidays.
Applying To Torch Technologies
Only those candidates invited for an interview will be contacted. Employment at Torch Technologies is contingent upon the successful completion of a comprehensive background check.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, citizenship, ancestry, marital status, protected veteran status, disability status or any other status protected by federal, state, or local law. Torch Technologies, Inc. participates in E-Verify.
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access Careers Link as a result of your disability. You can request reasonable accommodations by sending an email to HR@torchtechnologies.com. Thank you for your interest in Torch Technologies.
Thank you for your interest in employment with Torch Technologies. We are a 100% employee-owned, Certified Great Place To Work and named Best Places to Work in Huntsville/Madison County, headquartered in Huntsville, AL. Our team provides superior research, development, and engineering services to the Federal Government and Department of War. As one of the nation’s top 100 defense companies, the services we provide directly support the men and women who serve our country. Our corporate mission sums up the pride our employee-owners take in the work we do: “Lighting the Pathway of Freedom”. And, as a Certified Evergreen ESOP, we have made the commitment to grow and sustain our company for the next 100 years! Come grow with us!
Torch Technologies is seeking a Pricing Analyst to support our Pricing Department. Successful candidate must be detail oriented, highly organized and self-starting. Should possess knowledge and capabilities to perform tasks related to pricing and cost/financial analysis. Should have a full understanding of the pricing process from RFP to Proposal submission, support of Evaluation notices and Best and Final process. Experience in the development of price proposals for all Contract Types (CPFF, FFP, T&M, etc.). Must be able to manage multiple proposals and proposal managers with competing priority levels. Candidate possess intermediate to advanced Microsoft Excel/Word skills to assist in preparation of full cost volumes and prepare pricing data calls to team members/subcontractors to include templates, data call instructions and communication to provide responses/guidance to questions. Proficiency in pivot tables, SUMIF, INDEX/MATCH, and other functions. Under direct supervision, must be able to perform cost/price analysis and other analytical schedules as required in RFP or for management to make informed decisions to project effort.
As a Pricing Analyst your duties will include the following, but are not limited to:
Day-To-Day Activities
Proposal Development Support:
- Attend proposal kick-off meetings.
- Review RFP/RFQ pricing instructions for compliance of solicitation requirements.
- Develop questions to submit to the government for clarification of RFP requirements.
- Coordinate with Program Office, Proposal Management Team, Contracts and Technical Teams to collect data inputs.
- Prepare and format cost volumes and supporting documentation for submission.
- Draft, conduct reviews and finalize cost narrative per solicitation compliance requirements.
- Analyze labor categories, rates, and escalation trends to build competitive pricing.
- Develop pricing scenarios to assess pricing strategies.
- Evaluate and negotiate subcontractor rate pricing across multiple teams for reasonable and competitive pricing.
- Perform profitability and margin analysis for management review.
- Prepare pricing templates and instructions per RFP requirements to send to subcontractors.
- Review returned rate/pricing data, analyze and negotiate with target rates.
- Consolidate subcontractor submissions into the Prime pricing model.
- Coordinate internal pricing reviews with Program Office and Proposal Team.
- Document internal pricing file and maintain version control for audit readiness.
- Maintain rate tables for additional categories with analysis and negotiations.
- Track proposal workload, deadlines, and pipeline assignments.
- Organize and archive final submissions.
- U.S. Citizenship.
- Bachelor's Degree in a business related field or equivalent experience from an accredited college or university in Engineering or related discipline is required.
- 2-5 years of related discipline experience.
- Ability to collaborate in a team environment to respond to short-notice requests for data.
- Strong communication skills.
- Strong data analysis skills.
Work Location: Torch- Site
Travel: Yes, 0-10%
Relocation Assistance Available: No
Position Contingent Upon Award of Contract: No
Benefits
Torch Technologies is proud to offer a stable and professional work environment, a competitive salary, and an excellent, comprehensive benefit package including: ESOP participation, 401(k) match and safe-harbor contribution, medical, dental, vision, life insurance, short-term disability, long-term disability, flexible spending accounts, Health Saving Accounts and Health Reimbursement Accounts, EAP, education assistance, paid time off, and holidays.
Applying To Torch Technologies
Only those candidates invited for an interview will be contacted. Employment at Torch Technologies is contingent upon the successful completion of a comprehensive background check.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, citizenship, ancestry, marital status, protected veteran status, disability status or any other status protected by federal, state, or local law. Torch Technologies, Inc. participates in E-Verify.
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access Careers Link as a result of your disability. You can request reasonable accommodations by sending an email to HR@torchtechnologies.com. Thank you for your interest in Torch Technologies.