Moog

Cost Engineer

Moog$75K — $95K *
Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Finance, Business Administration, or a related field.
  • 3+ years of relevant experience in cost engineering or a related field.
  • Ability to obtain a U.S. Security Clearance.
  • Practical knowledge of sales and/or costing principles.
  • Excellent analytical, organizational, and communication skills.
  • Proficiency in Microsoft Office Suite, especially Excel.
  • Attention to detail and accuracy.

Responsibilities

  • Act as a key leader of the proposal team and build pricing models.
  • Develop, analyze, and support cost proposals.
  • Review RFPs and proposal documents for compliance.
  • Ensure compliance with Moog Estimating System and interpret RFP requirements.
  • Interface and coordinate with personnel and management teams.
  • Lead reviews of all estimates prior to delivery.
  • Prepare and present cost estimates to management and audit agencies.

Benefits

  • Great compensation package with bonus opportunities and matching 401k.
  • Flexible paid time off, holidays, and parental leave program.
  • Comprehensive insurance coverage including medical, dental, and vision.
  • Tuition Assistance and professional development programs.
  • Warm, respectful environment with multiple Employee Resource Groups.
Full Job Description

Job Title:

Cost Engineer

Reporting To:

Cost and Pricing Manager

Work Schedule:

Hybrid – Buffalo, NY

Our Space and Defense Group is the operating group with the longest heritage at Moog and serves ever-evolving markets with ongoing innovation that allows for constantly developing technology and excellent career opportunities.  

We are seeking a detail-oriented and skilled Cost Engineer to join our team. Reporting to the Cost & Pricing Manager, you will work a hybrid schedule in East Aurora, NY.

As a Cost Engineer, you will be responsible for developing, analyzing, evaluating, coordinating, preparing, and supporting cost proposals to both government and commercial customers. Your role will be crucial in ensuring compliance with customer specifications, Moog's policies and procedures, and Federal Acquisition Regulations (FAR).

As aCost Engineer, you will:

  • Act as a key leader of the proposal team(s) and build pricing models based on RFP and Moog requirements.

  • Develop, analyze, evaluate, coordinate, prepare, and support cost proposals.

  • Review Requests for Proposals (RFP) and proposal documents for compliance with customer specifications and company policy.

  • Ensure Moog Estimating System compliance and provide interpretation of RFP requirements.

  • Interact with personnel and management at all levels; interface and coordinate with other business management personnel on a daily basis.

  • Lead reviews of all estimates prior to delivery with review by senior management.

  • Prepare and present cost estimates to management, customer representatives, and government audit agencies.

  • Ensure adherence to Federal Acquisition Regulations (FAR), Truth in Negotiations Act (TINA), and Moog policies and procedures regarding cost proposal preparation, review, compliance, submission, updates/revisions, and negotiations.

  • Support audit requests, fact-finding, and negotiation discussions and the program budget baseline process.

  • Support the front-end business acquisition process by developing cost and pricing models.

To be considered forthe Cost Engineer role, here27s what you27ll typically need to bring with you:

  • Bachelor27s degree in Engineering, Finance, Business Administration, or a related field.

  • 3+ years of relevant experience in cost engineering or a related field.

  • Must have the ability to obtain a U.S. Security Clearance.

  • Practical knowledge of sales and/or costing principles and practices.

  • Excellent analytical, organizational, and communication skills.

  • Proficiency in Microsoft Office Suite, particularly Excel.

  • Ability to work independently and as part of a team.

  • Strong attention to detail and accuracy.

  • Ability to travel approximately 20% to customers and Moog sites to support training and negotiations.

It27d be great if you also had:

  • Pricing, sales or contract related experience

  • Data Analysis and/or Data Analytics Knowledge

  • Understanding of Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS), Truth in Negotiations Act (TINA) and Cost Accounting Standards (CAS).

How We Care For You: 

  • Financial Rewards: great compensation package, bonus opportunities, matching 401k, and the ability to participate in Employee Stock Purchase Plan (select locations), Flexible Spending and Health Savings Accounts

  • Work/Life Balance: Flexible paid time off, holidays and parental leave program, relocation assistance.

  • Health & Welfare: Comprehensive insurance coverage including medical, dental, vision, life, disability, Employee Assistance Plan (22EAP22) and other supplemental benefit coverages.

  • Professional Skills Development: Tuition Assistance, mentorship and coaching opportunities, leadership development and other personal growth programs

  • Culture: Warm, respectful, family-like environment driven by our 12 core values. Multiple Employee Resource Groups led by our employees, open and welcoming to all.

Salary Range Transparency:

Buffalo, NY $75,000.00 65,000.00 Annually

Salary Range Disclaimer

The base salary range represents the low and high end of the Moog salary range for this position in the given work location. Actual salaries will vary depending on factors including but not limited to location, experience, and performance. The range(s) listed is just one component of Moog's total compensation package for employees. Other rewards may include annual bonuses, employee stock purchase plan, an open paid time off policy, and many region-specific benefits. 


This position requires access to U.S. export-controlled information.

About Moog

Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog's high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, and marine and medical equipment. The company's 2019 revenues were $2.9 billion. Moog employs approximately 11,000 people worldwide and has a presence in 26 countries.
Learn more about Moog
Market Cap
$2.7 billion
Industry
Net Income
-$2.9 million
Founded
1951
5 Year Trend
+4%
Revenue
$2.8 billion
NASDAQ

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