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Price Cost Analyst

Req ID :
Job Code/Title :
E5832:Price Cost Analyst
Job Description :
Primarily responsible for the evaluation of supplier proposals in excess of $750K; review supplier cost or pricing data submitted and all other factors provided by the supplier in support of their proposal in determination of RFP compliance and assessment of FAR and Truth in Negotiations Act compliance. Duties include in-depth analysis and review of supplier proposal adequacy conditions to FAR 15.408 Table 15-2 requirements and LM F330 Proposal Adequacy Checklist requirements, reviewing proposals with RMS sourcing personnel and suppliers for proposal adequacy conditions, and recording and metrics to subcontract adequacy performance. Additional duties include supporting other RMS Cost Analysis team members through the fact-finding meetings with suppliers, coordination of assist audit procedure, and writing documentation supporting recommended fair and reasonable positions on supplier proposals and communicating those results to RMS sourcing personnel for pre-negotiation strategy and supplier negotiation support. Position requires strong financial analysis skills, excellent written and verbal communication skills, and ability to adapt to change. Position requires travel.
Position will be staffed at one of RMS major sites; Baltimore, Manassas, Moorestown, Orlando, Owego, Stratford or Syracuse.

Basic Qualifications
• Proficient in MS Office Suite (Excel & Word)
• Excellent written and verbal communication skills
• Ability to work independently or as a team member to establish project goals and follow through to completion

Desired skills
• Work experience or background in subcontracting with an understanding and knowledge of FAR and TINA requirements
• Proposal adequacy review experience to FAR 15.408 Table 15-2 requirements

As a leading technology innovation company, Lockheed Martin’s vast team works with partners around the world to bring proven performance to our customers’ toughest challenges. Lockheed Martin has employees based in many states throughout the U.S., and Internationally, with business locations in many nations and territories.

Join us at Lockheed Martin, where we’re engineering a better tomorrow.

Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

Job Location(s):
City(s): Baltimore, Liverpool, Manassas, Moorestown, Orlando, Owego, Stratford

State(s): Connecticut, Florida, Maryland, New Jersey, New York, Virginia
Security Clearance :
Business Unit :
Job Class :
Job Category :
Experienced Professional
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State :
Virtual :
Relocation Available :
Work Schedule :
TEMPO: 9X80A - Standard Fri to Fri (Flex & Rigid)
Req Type :
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Additional Posting Locations :
Baltimore, Liverpool, Manassas, Moorestown, Orlando, Owego, Stratford