Cost Analyst

Systems Technology & Research, Inc.

$80K — $95K *
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 5 years of related Program Office experience
  • Knowledge of DoW acquisition policies and project management process
  • Experience in life-cycle cost analysis, cost modeling, and estimating weapon system costs
  • Strong grasp of program management principles with effective communication skills
  • Active DoW SECRET security clearance or ability to obtain

Responsibilities

  • Support program office with life-cycle cost estimates
  • Apply statistical methodologies for cost analysis
  • Collect and analyze complex data; present findings clearly
  • Forecast future funding needs
  • Research and analyze cost review policies
  • Identify analysis areas and formulate study objectives
  • Produce reports and provide recommendations to management

Benefits

  • Opportunity to work directly with government stakeholders
  • Mentorship and professional development for career growth
  • In-person collaboration at Redstone Arsenal
  • Engagement in impactful national defense projects
Full Job Description
Cost Analyst in the Huntsville, AL area to support an Army Aviation Project Office located at Redstone Arsenal, AL. The successful candidate should be a highly motivated self-starter capable of managing multiple tasks and efforts. Responsibilities include but are not limited to leading cost estimating activities, guiding program cost strategy, and providing expert-level analytical insights to government stakeholders and executive leadership. This role requires strong technical proficiency in cost modeling, life-cycle cost analysis, and risk assessment, with the ability to communicate complex financial and engineering data clearly and effectively. The Cost Analyst serves as a subject-matter expert, mentor, and key contributor to program cost decisions. This opportunity is an in-person/on-site position. Qualifications/Experience: - Bachelor's degree required with 5 years of relevant Program Office experience - Working knowledge of Department of War (DoW) acquisition policies and the DoW acquisition and project management process - Knowledge of overall life cycle cost analysis and economic analysis functions to include cost modeling, development of cost estimating methodologies and their applications, and estimating the cost of major weapon systems - Ability to learn and develop skills in maintaining a standardized life cycle cost model for project managers and cost analysis personnel for use in preparing baseline cost and independent cost estimates - Ability to understand technical baselines and formulate technical judgments - Ability to translate technical and financial risk into cost estimates including risk application to provide estimate confidence, along with budgeting, planning, programing budgeting systems, the acquisition process, and logistics support processes - Ability to learn and develop skills in applying complex mathematical and statistical theories, principles, and practices of operations research for application to the development and adjustment of Cost Estimating Relationships, relating cost to physical and performance variables by mathematical expressions such as regression analysis, sensitivity analysis, trend analysis, and uncertainty analysis - Ability to learn and develop skills in life cycle cost analysis methodology and mathematical modeling for major studies required to provide management with alternative solutions to problems for assigned weapon systems - Strong understanding of program management principles and practices - Strong communication and interpersonal skills - Ability to work effectively with cross-functional teams - Ability to work independently and as part of a team, occasionally in the absence of direct oversight - Ability to work under pressure and meet deadlines - Familiarity of Microsoft Programs, to include, but not limited to Outlook, Word, PowerPoint, and Excel, etc. - Possess an active DoW SECRET security clearance or the ability to obtain Responsibilities: - Support program office and life-cycle cost estimate activities - Apply operations research/statistical/mathematical methodologies and techniques to develop cost positions/independent government cost estimates - Collect, normalize, and analyze complex data; uses critical thinking to synthesize information from multiple sources and effectively capture analyzed data in an understandable format such as Microsoft Excel or PowerPoint - Assist in forecasting future funding needs - Conduct research and analysis of studies designed to produce effective and efficient cost analysis within an assigned area. - Analyze and apply current procedures, policies, directives - Identify areas of analysis and formulate basic study objectives based on current cost review policies and cost objectives - Perform data evaluation, produce reports, and present findings to management with recommendations - Work and communicate effectively both independently and as part of a team in a fast-paced, rapidly changing environment reacting quickly to changing requirements and schedules - Comprehend Statements of Work, Performance Work Statements, Performance Specifications, Contract Data Requirement Listings, Earned Value data, and related DoW contractual documents

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