Bachelor's degree in Business, Finance, Economics, or related field preferred
5-7 years of experience in government contract pricing or cost estimating
In-depth knowledge of FAR Part 15 and 31, CAS, and TINA requirements
Expert-level proficiency in Microsoft Excel and Word; familiarity with pricing software (e.g. ProPricer) preferred
Ability to manage multiple projects in a fast-paced environment
Exceptional attention to detail and anomaly identification skills
Strong written and verbal communication skills for explaining complex concepts
Responsibilities
Develop cost proposals including pricing models and narratives for proposals
Conduct reviews of complex pricing models for formula integrity and compliance
Ensure Cost/Price narratives provide logical and auditable rationale
Assist in developing and enforcing corporate pricing policies
Support Pricing management with training and cost proposal reviews
Act as subject matter expert during internal reviews, providing feedback
Prepare documentation for DCAA or DCMA audits regarding pricing methodologies
Benefits
Opportunities for professional development and training
Supportive company culture fostering teamwork
Access to modern tools and software in the pricing field
Work in a dynamic environment with a focus on compliance and accuracy
Engagement in meaningful projects within government contracting
Full Job Description
Position Overview
The Pricing Analyst, Mid plays a critical role within the Pricing team. This individual is expected to support pricing activities such as developing cost models, BOE templates, and narrative templates. They are also responsible for ensuring that all cost/price volumes, financial models, and supporting narratives are 100% compliant with solicitation requirements (Section L and M), internal corporate policies, and all applicable statutory regulations. The Analyst will audit complex Excel models, verify Basis of Estimate (BOE) rationales, and ensure strict adherence to the Federal Acquisition Regulation (FAR), Cost Accounting Standards (CAS), and the Truth in Negotiations Act (TINA).
Responsibilities
Develop detailed cost proposals, both pricing models and narratives, for various proposals, considering labor, material, overhead, and other direct and indirect costs.
Conduct thorough reviews of complex pricing models (i.e. integrity of formulas, traceability of values, rate compliance).
Review Cost/Price narratives and Bases of Estimates (BOEs) to ensure they provide logical, data-driven, and auditable rationale for proposed costs.
Assist in the development, maintenance, and enforcement of corporate policies.
Assist Pricing management with training, cost proposal review, and policy compliance initiatives
Serve as the subject matter expert during internal reviews, providing actionable corrective feedback.
Assist in preparing documentation and defending pricing methodologies during Defense Contract Audit Agency (DCAA) or Defense Contract Management Agency (DCMA) audits.
Required Experience/Qualifications
Bachelor's degree required - Business, Finance, Economics, or related field preferred
Minimum 5-7 years of experience in government contract pricing, cost estimating, or defense auditing.
Deep, demonstrable understanding of FAR Part 15 (Contracting by Negotiation) and FAR Part 31 (Contract Cost Principles and Procedures), as well as CAS and TINA requirements.
Expert-level proficiency in Microsoft Excel (advanced formulas, pivot tables, data validation, and model auditing) and Microsoft Word. Familiarity with pricing software (e.g. ProPricer) is highly preferred.
Ability to manage multiple projects and deadlines in a fast-paced environment.
Exceptional attention to detail and the ability to identify anomalies in massive data sets under tight deadlines.
Excellent written and verbal communication skills, with the ability to explain complex regulatory or financial concepts to non-financial proposal team members.
Physical Demands
Must be able to work while sitting for extended periods of time.
About By Light Professional IT Services
By Light Professional IT Services is a provider of full lifecycle information technology and telecommunications solutions to the federal government and commercial clients. The company provides services in the areas of cybersecurity, cloud computing, application development, network engineering, and strategic consulting. By Light has been recognized as one of the fastest-growing private companies in the United States by Inc. Magazine and has been named a top workplace by The Washington Post.
