Northrop Grumman

Principal or Sr. Principal Price/Cost Proposal Analyst - Level 3 or 4 (Clearance Required)

Northrop Grumman$94K — $176K *
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, economics, engineering, or related discipline
  • 5-7 years (Level 3) or 8-10 years (Level 4) of related experience
  • Knowledge of statistical and forecasting concepts and techniques
  • Proficiency with MS Office Suite, especially Excel and Word
  • Active U.S. Government Secret or higher clearance, with recent background investigation

Responsibilities

  • Perform price and cost analysis on supplier proposals to assess fairness
  • Conduct detailed cost estimating and pricing reviews following regulatory standards
  • Research market data to develop cost estimating models and negotiation positions
  • Compile and analyze supplier operational data to determine pricing factors
  • Issue RFIs and participate in meetings for clarifying proposals
  • Request audits from DCMA/DCAA as needed
  • Collaborate with engineers to integrate technical evaluations into cost analyses
  • Prepare and present proposal data for Supply Chain Management reviews

Benefits

  • Flexible work arrangements
  • Exceptional healthcare and benefits
  • 401K matching program
  • Opportunities for professional learning and development
  • Supportive and friendly team environment
Full Job Description
RELOCATION ASSISTANCE: Relocation assistance may be available

CLEARANCE REQUIRED FOR START: Yes

CLEARANCE TYPE: Secret

TRAVEL: Yes, 10% of the TimeDescription

Northrop Grumman Aeronautics Systems (NGAS) is currently seeking either a Principal Price/Cost Proposal Analyst Level 3 or a Senior Principal Price/Cost Proposal Analyst Level 4 to join our team! This position will be located on site in Palmdale, CA or Rancho Bernardo, CA.

This position will be responsible for producing high quality analysis of supplier proposals in support of Global Supply Chain (GSC) cost estimates. The Principal Price/Cost Proposal Analyst Level 3 will perform fairly complex tasks and participate in determining objectives of assignment. Plan schedules and arrange activities in accomplishing objectives. Work is reviewed upon completion for adequacy in meeting objectives. The Senior Principal Price/Cost Proposal Analyst Level 4 will perform assignments that are complex and performed independently without appreciable direction. Exercises considerable latitude in determining objective and approaches to assignment.

The selected candidate will evaluate supplier proposals through various analysis techniques (such as similar product comparisons, analogous products, parametric estimating, cost estimating relationships, and bottom-up estimating) to assess a fair and reasonable position, which is documented in a price/cost analysis report (PCAR). The Proposal Analyst will encounter various contract types, such as fixed price, cost type, and indefinite delivery/indefinite quantity (IDIQ) contracts. Other items that fall under this statement of work are Option Price Verifications and evaluating Requests for Equitable Adjustment (REAs). The Proposal Analyst will provide valuable insight into supplier risk, negotiation positions, and contribute to an executable baseline for our subcontract management teams. This role will collaborate across multiple functions such as Contracts, Pricing & Estimating, Engineering, Global Supply Chain, and Program Management to prepare and submit high quality, compliant and on-time PCARs to support customer commitments and company financial goals.

Responsibilities include, but are not limited to the following:
  • Perform a price and cost analysis to evaluate the direct and indirect labor rates, overheads, general and administrative expenses, cost of money and any other factors used in supplier's proposal, including any economic factors applied to period of performance or effort, and incorporate the findings into the PCAR
  • Performing cost estimating/pricing reviews and analysis in accordance with industry best practices, solicitation instructions, customer requirements and USG regulatory requirements
  • Conducting research into market and historical data and developing cost estimating models to evaluate price reasonableness and develop negotiation positions with subcontractors
  • Compiling information from periodicals, catalogs, and other sources to stay informed on regulations (e.g., FAR, DFARS, etc.), price trends and manufacturing processes
  • Conferring with suppliers and analyzing suppliers' operations to determine factors that affect prices
  • Issuing requests for information (RFI) and fact-finding questions to suppliers and participating in fact-finding meetings to review bases of estimates (BOEs) and source documentation
  • Requesting DCMA/DCAA assist audits where applicable
  • Interfacing with responsible engineers regarding the integration of technical evaluations into the cost analysis when appropriate
  • Preparing and presenting data for Supply Chain Management review to establish negotiation objective positions; Providing negotiation support through subcontract award
  • Maintaining records and supporting data used and provided in support of proposals


This position may be filled as either a Principal Price/Cost Proposal Analyst Level 3 or Senior Principal Price/Cost Proposal Analyst Level 4 depending on qualification below

Basic Qualifications for Level 3 :
  • Bachelor's degree in business, finance, economics, engineering, or related discipline with 5 years of related experience; or master's degree in stated fields and 3 years related experience.
  • Must have knowledge of statistical and forecasting concepts and techniques
  • Must have proficiency with MS Office Suite, specifically Excel and Word
  • Must have Active U.S. Government Secret or higher clearance (with background investigation completed within the last 5 years or currently enrolled into Continuous Evaluation).
  • Must have the ability to obtain and maintain Special Access Program (SAP) clearance.


Basic Qualifications for Level 4:
  • Bachelor's degree in business, finance, economics, engineering, or related discipline with 8 years of related experience; or master's degree in stated fields and 6 years related experience.
  • Must have knowledge of statistical and forecasting concepts and techniques
  • Must have proficiency with MS Office Suite, specifically Excel and Word
  • Must have Active U.S. Government Secret or higher clearance (with background investigation completed within the last 5 years or currently enrolled into Continuous Evaluation).
  • Must have the ability to obtain and maintain Special Access Program (SAP) clearance.


Preferred Qualifications:
  • Ability to apply analytical skills and accounting, finance, economic and/or forecasting concepts and principles to data
  • Meet deadlines in a challenging environment and manage multiple simultaneous projects with attention to detail
  • Technical and creative writing skills; able to tell the story of the analysis performed and the results such that the reader understands and can follow our position
  • Self-starter who likes to "self-teach" topics and new skills (such as calculations/formulas to enable a more efficient analysis)
  • Active Top Secret clearance or ability to obtain a Top Secret clearance
  • Experience working on or contributing to Government proposals
  • Familiarity and/or practical experience with regression analysis
  • Conceptual or practical knowledge of cost improvement curves
  • Working knowledge of the Government contracting environment (FAR and DFARS) such as FAR Part 15, FAR Part 12, and FAR Part 16
  • Knowledge of direct and indirect rate proposals, activity-based costing, audits and audit processes and the Defense Contract Audit Agency and Defense Contract Management Agency (DCAA/DCMA)
  • Understanding of earned value management and business systems
  • Hands-on experience with SAP
  • Familiarity with aerospace production operation functions, tasks, and processes
  • Background in Global Supply Chain Subcontract/Procurement requirements


We offer flexible work arrangements, phenomenal learning opportunities, exposure to a wide variety of projects and customers, and a very friendly team environment. We are looking for self-motivated, proactive, and goal-oriented people to help us grow our services and become even better at what we do.

At Northrop Grumman, we are on the cutting edge of innovation-- building the next generation of sophisticated aircraft to protect our country. Our diverse portfolio of programs means there are endless paths to cultivate your career. We are well-known for our inclusive, family environment, as well as our excellent work/life balance. We also offer exceptional benefits/healthcare, and a great 401K matching program.

Primary Level Salary Range: $94,200.00 - $141,200.00

Secondary Level Salary Range: $117,500.00 - $176,300.00

The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.

Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.

The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.

About Northrop Grumman

Northrop Grumman is a security company that provides systems, products, and solutions in aerospace, electronics, information systems, shipbuilding, and technical services to government and commercial customers. They design, develop, and build everything from aircraft and spacecraft to cyber security systems. The company is involved in a wide range of defense and technology projects, including the development of aircraft, space systems, cybersecurity solutions, and advanced electronics.

Northrop Grumman Careers

Join the elite team at Northrop Grumman, a leading global security company providing innovative systems, products, and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. There has never been a more exciting time to advance your career with Northrop Grumman.

Work You’ll Do

At Northrop Grumman, your work will redefine the edges of technology and create a safer future. Our culture thrives on intellectual curiosity, cognitive diversity, and bringing your whole self to work. Our team is at the forefront of innovation, collaborating to make the impossible, possible.

Explore Job Opportunities and Growth

Whether you’re looking for an internship, an entry-level position, or a spot for seasoned professionals, Northrop Grumman offers a variety of career paths that encourage growth and development. Explore job opportunities that elevate your skills, and push your career to the next level.

Join Our Diverse and Inclusive Team

Diversity and inclusion are the foundations of our culture. Northrop Grumman is committed to building a diverse team that fosters an inclusive environment, where every team member is valued for their unique perspectives and contributions. We believe that diversity fuels innovation.

Professional Development and Benefits

Northrop Grumman is dedicated to your professional and personal growth. We offer unparalleled benefits, including comprehensive health coverage, generous time off, and family care resources. Additionally, we provide extensive leadership and diversity training to help you craft your career path.

Networking and Leadership

Enhance your career through our robust networking opportunities. Connect with leaders and peers within Northrop Grumman through various events, mentorship programs, and professional groups. Our leadership is deeply invested in nurturing talent and guiding team members through their career journey.

Innovation in Technology

Drive technological breakthroughs with a company at the cutting edge of innovation. Northrop Grumman is a place where you can work on projects that push the boundaries of what is possible.

How to Apply

Ready to join our team? Check out the open positions on our Careers page. Tailor your resume to highlight your relevant skills and experiences. Prepare for your interview with us by researching our projects and understanding our company’s mission and values.

Stay Connected

Keep up to date with the latest news, job openings, and insider tips by subscribing to our careers blog. Personalize your experience by joining our community and setting up job alert emails tailored to your career preferences.

Northrop Grumman Jobs

Discover the impact you can make with a career at Northrop Grumman. We are actively hiring and looking for passionate, curious, and solution-driven team players. Search Northrop Grumman jobs today and find where your expertise is needed most. Join Northrop Grumman, and be part of a team that is dedicated to making a difference, not only within the company but in the world at large. Your journey to building a rewarding career starts here.
Learn more about Northrop Grumman
Size
88,000 employees
Market Cap
$82.7 billion
Industry
Net Income
$3.1 billion
Founded
1939
5 Year Trend
+7.6%
Revenue
$36.7 billion
NASDAQ

Similar Jobs

More Jobs at Northrop Grumman

More Aerospace & Defense Jobs

Find similar Principal or Sr. Principal Price/Cost Proposal Analyst - Level 3 or 4 (Clearance Required) jobs: