Senior Cost Analyst (Supply Chain)

Job Summary

We are seeking a Senior Cost Analyst to join our team and lead complex analyses in commodity, purchasing, and proposal costing. As a key player in our department, you will tackle challenging tasks and ensure accuracy in auditing data and analyzing costs. If you thrive in a fast-paced environment with strict deadlines, this role is perfect for you.

Key responsibilities include auditing material cost summary reports for accuracy and compliance, as well as performing price and cost analysis. If you are highly analytical, detail-oriented, and ready to take on complex tasks, we want to hear from you. Dont miss out on this opportunity to make a significant impact in our team!

Job Responsibilities

• Perform down-selection, price and cost analysis.


• Develop moderately complex analyses of cost data to determine reasonableness and/or best value.


• Analyze Purchase Bills of Material, send Suppliers Requests for Quotes (RFQ), Evaluate RFQ responses, estimate and forecast Material Cost.


• Evaluate the proposal RFP/Q flow downs from the Contracts department and ensure the appropriate flow-downs are Identified and passed on to Vendor.


• Interact with Program Management, Engineering, Procurement and Contracts to understand all Direct Material requirements and serve as an intermediary between the Suppliers and DRS functional areas to address supplier’s questions and concerns.


• When Applicable, consolidate customer requirements to obtain leverage proposal pricing.


• Perform TCPD Sweeps with respect to direct material and perform impact analysis of applicable updates.


• Measure target costs against proposal costs and work with supply chain management on methods to meet targets.


• Represent supply chain during customer negotiations, fact-find, audits and TCPD sweeps.


• Ensure all forecasted costs are based on most likely cost at time of award.


• Prepare all proposal data in accordance with DRS and FAR applicable requirement.


• Ensure all applicable proposal support data is completed and filed properly.


• Support, communicate and defend the mission, values and culture of the company.


• Complete a Basis of Estimate for all Applicable Assigned Proposals.


• Meet Proposal Due dates.


• Create Excel Pivot Table and complex Excel Formulas (Knowledge of Power Query and Microsoft Access a plus).

•   Prefer Bachelor's degree in supply chain management, business, engineering or 3 years equivalent experience.
•   3 years of demonstrated experience in Aerospace and/or Defense Manufacturing.
•   Experience in finance, contracting, export regulations, engineering, logistics, manufacturing and DoD, ITAR, FAR, DFAR regulations.
•   Outstanding customer interface skills.
•   Demonstrated problem-solving skills and be detail oriented.
•   Must have a successful track record in managing complex aerospace/defense supply chain activities.
•   Must have excellent oral and written communication skills.
•   Must be able to work in a fast-paced environment with strict deadlines.
•   Must be able to work independently and manage assigned proposals. 
•   Must be willing to work overtime when deadlines dictate.
•   Must be proficient in Excel (Nested Formulas, Index, Match, Sumlfs, Pivot Tables, etc.) and data analysis skills
•   Experience in evaluating drawing packages and compiling requests for quotes from vendors
•   Knowledge of FAR requirements, as they pertain to Proposal Material Estimating preferred
•   Ability to forecast future costs based on analysis of cost data
•   Must be able to accurately evaluate Vendor RFQ responses
•   Microsoft Access and Deltek CostPoint / Omnify skills are preferred