Price / Cost Analyst

Lockheed Martin Corporation Grand Prairie , TX 75050

Posted 1 week ago

Job Description:

As a Price Cost Analyst, you will be responsible for complex supplier proposals within the Missiles & Fire Control (MFC) division of Lockheed Martin (LM). In this role, you would be responsible for:

Reviewing supplier proposals, cost and pricing data submitted and all other factors provided by supplier in support of their proposal.

Conferring daily with suppliers and analyze supplier operations to determine factors that affect price.

Preparing reports and charts that present findings.

Negotiating standard and non-standard contracts with suppliers.

Maintaining communications to ensure timely contract execution by both parties.

This position requires travel, on average 20-30% domestically and internationally.

Basic Qualifications

Bachelor's degree from an accredited college in a related

discipline, or equivalent experience/combined education

Ability to perform and apply cost accounting, pricing, and

estimating concepts and principles

Ability to conduct fact-finding exercises as needed to review basis of price/cost trends and development of key cost indicators

Ability to comprehensively review all elements of cost including direct labor, material, ODC and indirect costs in compliance with FAR, DFARS, GAP and LM procedures

Ability to review Supplier proposals for Compliance with FAR and LM requirements

Working knowledge of the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation (DFAR)

supplements, with a strong working knowledge of FAR Part 15 Ability to utilize analytical, verbal and written communication skills to accurately document, report, and present findings

Ability to meet deadlines in a challenging, multi-tasking

environment

Proficient with MS Office Suite, specifically Excel, Work, and PowerPoint

Ability to travel approximately 25 - 30% of time


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Price / Cost Analyst

Lockheed Martin Corporation