Price Cost Analyst Sr

Lockheed Martin Corporation Grand Prairie , TX 75050

Posted 3 months ago

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). Responsibilities include:

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

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

Prepare reports and charts that present findings. In this role you are responsible to negotiate standard and non standard contracts with suppliers.

Maintain communications to ensure timely contact execution by both parties.

Plan and participate in training Price/Cost Analysis practices and negotiation techniques to company personnel.

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

Basic Qualifications:

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 cost incompliance 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 Regulations (FAR) and Defense Federal Acquisition Regulations (DFAR), 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, multitasking environment.

Proficient in MS Office, specifically Excel, Word, and Power Point.

Ability to travel 25%-30% of the time.

Desired Skills:

Bachelor's or Master's degree in finance, supply chain, or accounting.

Strong interpersonal skills and ability to communicate departmental and program messages effectively to both LM personnel, as well as the customer.


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Price Cost Analyst Sr

Lockheed Martin Corporation