Boeing

Senior Cost Estimating Specialist - Millennium Space Systems

Boeing$113K — $211K *
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Must obtain and maintain TS/SCI security clearance
  • Knowledge of FAR, DFARS, CAS, and TINA
  • 5+ years in major cost estimating for a Government customer
  • Strong communication and analytical skills for pricing strategy articulation
  • Advanced proficiency in Microsoft Excel

Responsibilities

  • Lead cost estimating for government projects
  • Analyze RFPs and related documents for cost alignment
  • Generate submission-ready cost proposal articles
  • Collaborate with cross-functional teams for alignment in cost estimates
  • Ensure compliance with government regulations and standards
  • Track actual cost versus estimates for mitigation strategy recommendations
  • Conduct risk analysis and cost realism assessments

Benefits

  • Health insurance
  • Flexible spending accounts
  • Health savings accounts
  • Retirement savings plans
  • Life and disability insurance
  • Paid and unpaid time off options
Full Job Description
Senior Cost Estimating Specialist - Millennium Space Systems

Company:

Millennium Space Systems

We are seeking aSenior Cost Estimating Specialistwho will be responsible for leading major cost estimating efforts for Millennium Space Systems. As a member of the Estimating team, you will be accountable for the development of cost estimates and all associated cost articles (basis of estimates, bill of materials, work breakdown structures, cost volumes, etc.), ensure accuracy and reasonableness, and collaborate with cross-functional teams to support business growth. This is an onsite role in El Segundo, California.

This position's internal job is Estimat & Pricing Spec. Our team is currently hiring for a level 4 or 5.

Position Responsibilities:

  • Lead the cost estimating effort in preparing detailed and accurate cost estimates for government (Department of Defense, NASA, and other federal agencies) projects
  • Analyze Requests for Proposals (RFPs), Statement of Works (SOWs), Technical Requirements Documents (TRDs), and other proposal documentation to develop cost estimates that align with customer requirements
  • Generate submission ready cost proposal articles, including cost volumes, rate justifications, bill of materials, basis of estimates, supplier consent packages, etc.
  • Work closely with program management, engineering, finance, and contracts to ensure alignment between the engineering solutions and cost estimates
  • Ensure compliance with Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS), Truth in Negotiations Act (TINA), and other government regulations, as necessary
  • Assists with program baselining and execution efforts
  • Track and analyze cost estimate verses actual costs to recommend mitigation strategies to resolve the deltas and identify opportunities to inform future proposal efforts
  • Conduct risk analysis, what-ifs, and cost realism assessments to ensure pricing accuracy and executability
  • Generate detailed cash flow projections
  • Present cost estimates and pricing strategies to executive leadership and participate in customer negotiations and other cost discussions
  • Continually assess and improve the estimating processes and tools used by the team to maintain efficiency and accuracy
  • Support audit reviews by government agencies, including DCMA and DCAA, ensuring transparency and adherence to cost estimating policies and procedures

Basic Qualifications (Required Skills/Experience):

  • Must be able to obtain and maintain a TS/SCI security clearance
  • Knowledge of FAR, DFARS, CAS, and TINA
  • 5+ years of experience in leading major cost estimating efforts for a Government customer
  • Strong communications and analytical skills necessary to articulate pricing strategy to senior business and finance leaders
  • Advanced proficiency with Microsoft Office, specifically Microsoft Excel

Preferred Qualifications (Desired Skills/Experience):

  • Masters degree in engineering or business domain
  • 8+ years of experience in leading major cost estimating efforts for a government customer
  • Experience preparing and analyzing detailed cost summaries, learnings curves, cash flows, liability profiles and other price summaries required for corporate approval packages
  • Experience generating work breakdown structures, cost estimates and associated cost volumes
  • Experience working with technical and other functional teams to develop accurate and reliable cost estimates
  • Experience reviewing proposal request for proposal documentation including, but not limited to, Technical Requirements Documents, Statement of Works, solicitation instructions, CDRL and GFX lists, etc.
  • Experience generating basis of estimates and bill of materials prior to engineering and functional inputs
  • Experience reviewing and generating proposal Integrated Master Schedules, DCMA 14 point checks, and/or Schedule Risk Assessments
  • Experience with risk analysis, specifically the cost and schedule quantification of risks
  • High level understanding of the design, development, and/or operations of space vehicles
  • Experience with DoD and/or Intelligence Community proposals
  • Experience with ProPricer or other relevant pricing software

Conflict of Interest:

Successful candidates for this job must satisfy the Companys Conflict of Interest (COI) assessment process.

Drug Free Workplace:

Millennium Space Systems, a Boeing Company, is a Drug Free Workplace (DFW) where post offer applicants and employees are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and alcohol when criteria is met as outlined in our policies.

Total Rewards:

At Millennium Space Systems, a Boeing Company, we strive to deliver a Total Rewards package that will attract, engage and retain the top talent. Elements of the Total Rewards package include competitive base pay and variable compensation opportunities.

Millennium Space Systems also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and a number of programs that provide for both paid and unpaid time away from work.

The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.

Pay is based upon candidate experience and qualifications, as well as market and business considerations.

Summary pay range:

  • Level 4: $113,900 - $167,500
  • Level 5: $143,650 - $211,250

Millennium is DDTC-registered, ITAR-compliant Company. This position is located at a facility that requires special access. Applicants MUST be U.S. citizens and eligible for a security clearance. Additionally, applicants must be willing to apply for and maintain a security clearance. We encourage all interested candidates to apply for any open position for which they feel they are qualified.

Language Requirements:

Not Applicable

Education:

Not Applicable

Relocation:

Relocation assistance is not a negotiable benefit for this position.

Export Control Requirement:

This position must meet U.S. export control compliance requirements. To meet U.S. export control compliance requirements, a U.S. Person as defined by 22 C.F.R. 7120.62 is required. U.S. Person includes U.S. Citizen, U.S. National, lawful permanent resident, refugee, or asylee.

Safety Sensitive:

This is not a Safety Sensitive Position.

Security Clearance:

This position requires the ability to obtain a U.S. Security Clearance for which the U.S. Government requires U.S. Citizenship. An interim and/or final U.S. Top Secret/SCI Clearance Post-Start is required.

Visa Sponsorship:

Employer will not sponsor applicants for employment visa status.

Contingent Upon Award Program

This position is not contingent upon program award

Shift:

Shift 1 (United States of America)

Stay safe from recruitment fraud! The only way to apply for a position at Boeing is via our Careers website. Learn how to protect yourself from recruitment fraud -

About Boeing

Insitu designs, develops, produces, and operates high-performance, cost-effective unmanned aircraft systems. The company’s focus is to deliver ISR information to their customers that are located all over the world, whether on land or at sea. To meet new operational needs and address the global market, they have introduced scores of game-changing technologies that have improved imagery and exploitation, operational security, training, airspace safety, reliability, maintainability, and availability. They are fully backed by their parent company, The Boeing Company, and its 95+ years of world-renowned innovation, delivery, performance and value. Insitu Pacific, the company’s Australia-based affiliate, was established to serve the unique needs of the Asia-Pacific region. Insitu also maintains a strong network of partners and suppliers, allowing them to provide specialized, in-country support for any region in the world. Insitu was founded in 1994 and is based in Bingen, Washington, United States.

Boeing Careers

Joining Boeing presents an unparalleled opportunity to advance your career with a leader in innovation and aerospace technology. As part of our global team, you will contribute to some of the most challenging and transformative projects in the aerospace industry today. Work You’ll Do At Boeing, we are committed to pioneering advancements in aerospace and defense. Our team is looking for professionals who are eager to drive innovation and lead the industry in creating cutting-edge solutions for the future. Transform the Sky Work alongside the brightest minds in the industry to reshape the future of air travel and defense solutions. Boeing offers a unique position at the forefront of aerospace innovation, where technology meets visionary leadership. Engage with a Global Team Collaborate with over 140,000 employees worldwide, all dedicated to achieving excellence and pioneering new solutions. Boeing’s diverse and inclusive culture fosters a collaborative environment that encourages networking and professional growth. Boeing Career Opportunities We are actively expanding our team and have numerous job opportunities, from internships to leadership positions. Boeing is committed to hiring top talent and providing them with the training, benefits, and support needed to succeed. Innovate and Grow Join a company that values innovation and leadership. At Boeing, you will have access to extensive professional development programs and diversity training that will future-proof your career and enhance your skills. Be Part of Our Team Experience the culture of growth and excellence at Boeing. Our team is driven by a passion for aerospace and a commitment to achieving extraordinary results. We offer competitive benefits and a supportive environment where every employee is valued. Explore Boeing’s Impact From revolutionizing air travel to advancing global satellite communications, Boeing is at the forefront of technological innovation. Our projects not only support global infrastructure but also contribute to humanitarian missions and environmental sustainability. The Boeing Advantage Our commitment to leadership in aerospace is matched by our dedication to our employees' career advancement. Boeing fosters an environment where innovation, leadership, and a diverse workforce thrive. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are looking for passionate, curious, and driven team players ready to make a significant impact. SEARCH BOEING JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Boeing.
Learn more about Boeing
Size
142,000 employees
Market Cap
$112.3 billion
Industry
Net Income
-$11.8 billion
Founded
1916
5 Year Trend
-7.8%
Revenue
$58.6 billion
NASDAQ

Similar Jobs

More Jobs at Boeing

More Aerospace & Defense Jobs

Find similar Senior Cost Estimating Specialist - Millennium Space Systems jobs: