The Charles Stark Draper Laboratory

Cost Estimating Analyst 2

Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in business, accounting, finance or related discipline
  • 3-5 years of experience in Cost Estimating or related field
  • Ability to articulate cost estimates to leadership
  • Knowledge of various contract types (FFP, FPIF, CPFF, CPIF, T&M)
  • Proficient in multi-project management
  • Detail-oriented with a timely work ethic

Responsibilities

  • Analyze and support cost proposals for government and commercial clients
  • Coordinate cost inputs from cross-functional teams
  • Consolidate and validate basis of estimates (BoEs) for precision
  • Research historical data and develop cost models for proposals
  • Assess estimating techniques and documentation accuracy
  • Evaluate BOMs and select suitable pricing methods
  • Ensure compliance with FAR, TINA, and internal policies

Benefits

  • Work-life balance initiatives including workplace flexibility
  • Access to various employee clubs and wellness workshops
  • Social events and cultural discounts
  • Potential for career growth within a renowned R&D company
Full Job Description

Job Description Summary:

The Cost Estimating Analyst 2 will support estimating and pricing activities. This role reports into the Estimating and Pricing lead, and also supports the proposal team. The responsibilities include understanding the customer solicitation, gathering the estimates required to accurately cost and price that solicitation, and supporting the proposal team through the management review process. This position will work closely with the various functional teams such as Engineering, Procurement, Program Management and Contracts.

Job Description:

Duties/Responsibilities
• Analyzes, evaluates, coordinates, prepares, and supports cost proposals to government and commercial customers
• Coordinates the collection and accumulation of cost input from cross-functional departments
• Supports consolidation and pressure-testing of basis of estimates (BoEs) across all elements of cost (Labor, Material, Travel / Other Direct Costs, Subcontracts) for accuracy and completeness
• Researches and analyzes historical data, and develops cost models to support proposal efforts and determine the of accuracy of functional estimates
• Assesses estimating techniques and historical actuals documentation
• Evaluates Bill of Materials (BOMs), selects appropriate pricing methods (e.g., purchase order history, vendor quotes, etc.), and ensures all quotes are recent
• Consolidates cost estimates in pricing tool / ERP system
• Generates cost volume, financial analyses, and ad hoc support as needed
• Ensures adherence to Federal Acquisition Regulations (FAR), certified cost and pricing compliance (aka TINA), and internal policies and procedures with regard to estimating, cost proposal preparation, review, compliance, submission, and updates / revisions

Skills/Abilities
• Able to communicate and present cost estimating information to leadership.
• Able to perform bidding on different contract types (FFP, FPIF, CPFF, CPIF, T&M).
• Excellent communication and analytical skills.
• Detail-oriented with the ability to ensure bids are completed on schedule.
• Proficient in handling multiple projects simultaneously.
• Self-starter that is capable of working independently and in a team environment.

Education
Bachelor’s degree in business, accounting, finance or related discipline required.

Experience
3 - 5 years of experience in Cost Estimating or other related experience.

Additional Job Description:

Applicants selected for this position will be required to obtain and maintain a Top Secret government security clearance.

Connect With Draper for Future Opportunities! If you don't find the right posting in our Career Opportunities, you may for future consideration.

Job Location - City:

Cambridge

Job Location - State:

Massachusetts

Job Location - Postal Code:

The US base salary range for this full-time position is

$75,000.00 - $156,000.00

Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement's approved rates by location and role. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.  Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.

Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.

About The Charles Stark Draper Laboratory

Draper Laboratory is an American non-profit research and development organization, headquartered in Cambridge, Massachusetts; its official name is The Charles Stark Draper Laboratory, Inc. The laboratory specializes in the design, development, and deployment of advanced technology solutions to problems in national security, space exploration, health care and energy. The laboratory was founded in 1932 by Charles Stark Draper at the Massachusetts Institute of Technology to develop aeronautical instrumentation, and came to be called the MIT Instrumentation Laboratory. During this period the laboratory is best known for developing the Apollo Guidance Computer, the first silicon integrated circuit based computer. It was renamed for its founder in 1970, and separated from MIT in 1973 to become an independent, non-profit organization. The expertise of the laboratory staff includes the areas of guidance, navigation, and control technologies and systems; fault-tolerant computing; advanced algorithms and software systems; modeling and simulation; and microelectromechanical systems and multichip module technology.
Learn more about The Charles Stark Draper Laboratory

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