Senior Pricing Analyst at JHNA in Patuxent River, MD, USA

Job description

• Full-time/Permanent Employee
• Location: The ideal candidate will be local to the Patuxent River, MD or Washington, DC/National Capital Region area.
• As a Pricing Analyst, you will serve as an emerging authority in pricing and cost analysis, applying extensive technical expertise to complex pricing challenges. You will be responsible for determining and analyzing material, labor, and overhead costs related to contractual efforts, ensuring accurate and strategic cost estimates.
• With considerable latitude, you will develop innovative pricing solutions, create cost models, and provide strategic pricing guidance to proposal and capture teams. Your ability to independently determine objectives and approaches will be critical in facilitating pricing reviews and presenting cost findings to management and external stakeholders.
• You will remain well-versed in Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and various contract types, including Firm Fixed Price, Cost Plus, IDIQ, and Time and Materials (T&M).
• This role requires strong analytical skills and leadership capabilities to drive pricing strategies that align with business objectives and compliance requirements.

Responsibilities

• Determine material, labor, and overhead costs related to contractual efforts
• Estimate labor and material costs using RFP data submitted by prospective customers
• Analyze specifications and calculate production costs using labor and material pricing schedules and historical data
• Develop, write, and maintain compliant Cost Volume narratives that clearly communicate pricing methodology, assumptions, and Basis of Estimate (BOE).
• Develop detailed BOEs for labor, materials, travel, subcontractors, and ODCs that withstand customer and audit scrutiny.
• Ensure consistency between Technical, Management, and Cost Volumes throughout proposal development.
• Collect cost data from functional representatives, subcontractors, and vendors
• Compute cost estimates for raw materials, subcontracted work, and labor
• Prepare and maintain historical cost data for future use in pricing strategies
• Create cost models for cost-estimating elements
• Prepare cost reports and present findings to management, contract personnel, proposal analysts, customer representatives, price auditors, vendors, and subcontractors
• Facilitate pricing reviews and provide pricing guidance to proposal and capture teams to ensure compliance with disclosure statements
• Stay up to date on FAR, CAS, and various contract types, including Firm Fixed Price, Cost Plus, IDIQ, and T&M, while working with a diverse range of federal and DoD customers
• Develop technical solutions to complex pricing problems, exercising significant judgment in determining objectives and approaches
• Provide technical support to operational strategies aligned within your program and initiatives that optimize processes, enhance productivity, and ensure quality across all program functions
• Support operational strategies aligned within your program and initiatives that optimize processes, enhance productivity, and ensure quality across all program functions
• Ensure 100% of planned hours are worked and recorded
• Identify and forward to leadership any opportunities that could lead to growth within your work area
• Participate in growth efforts as requested
• Ensure all contractual deliverables are met or exceeded to the customer's satisfaction
• Complete personal PDP and attend Staff Meeting and Storytime (with camera on)
• Execute all contract requirements as assigned in accordance with the contract-specific LCAT and requirements
• Support Price-to-Win (PTW), competitive assessments, fee strategy, and profitability analyses.
• Facilitate executive pricing reviews and provide pricing guidance to proposal, capture, and business development teams.
• Perform other related duties as assigned

Requirements

• Clearance: Ability to obtain Secret Experience and Education: Bachelor's degree (or equivalent) with 8 - 12 years of experience, or a Master's degree with 6-10 years of experience
• Extensive experience in cost estimation, pricing strategy, and financial modeling for complex contracts
• Ability to develop technical solutions to complex pricing challenges with minimal supervision
• Strong knowledge of government contracts, including FAR, CAS, and various contract types
• Proven ability to provide strategic pricing guidance and facilitate pricing reviews with leadership and stakeholders
• Excellent analytical, problem-solving, and decision-making skills with the ability to handle multiple priorities
• Experience leading pricing efforts for federal and Department of Defense (DoD) contracts
• Advanced proficiency in Microsoft Excel, cost analysis tools, and pricing software
• Strong leadership skills with the ability to mentor and guide junior pricing analysts
• Ability to develop pricing strategies that align with corporate objectives while ensuring compliance with regulatory requirements
• Experience working in cross-functional teams to drive process improvements and pricing optimization

Skills

Required

• Cost estimation
• Pricing strategy
• Financial modeling
• Analytical skills
• Problem-solving skills
• Decision-making skills
• Leadership capabilities

Preferred

• Advanced proficiency in Microsoft Excel
• Proficiency in cost analysis tools
• Proficiency in pricing software

Benefits

• The salary range for this position is: $105,000 - $160,000 a year
• There are a host of factors that can influence final salary including, but not limited to, Federal Government contract labor categories and contract wage rates, relevant prior work experience, specific skills and competencies, geographic location, education, and certifications.