Price Cost Analyst (HYBRID TELEWORK)

  • Lockheed Martin
  • Stratford, Connecticut
  • Full Time
We are committed to work life balance by promoting this HYBRID TELEWORK opportunity. These job requirements allow the employee to work at a Lockheed Martin-designated office or job site for part of their schedule and has a predefined regular, recurring telework schedule for the remaining part of their work schedule.

WHAT WE'RE DOING
As a Price Cost Analyst - Staff within our Center of Excellence, you will play a vital role in evaluating certified proposals submitted by subcontractors and suppliers. Our team performs and documents price/cost analysis on a variety of Supplier proposals for development, production and sustainment programs for our US Government customers.

THE WORK
Your work will involve detailed analysis of supplier proposals, by evaluating cost elements such as Direct Materials, Labor Hours, Other Direct Costs, Direct (labor) Rates and Indirect (overhead) Rates, Tooling, NRE and Profit.
Your analysis report will make determinations regarding fair and reasonable pricing.
Evaluations of supplier proposals are provided to the government customer and used in prime proposal pricing and are vital to winning business for Lockheed Martin.
You will collaborate with various stakeholders in Supply Chain, including Subcontract Management, Engineering, Material Cost Estimating, Compliance and US government agencies to produce comprehensive written reports that inform decisions and contribute to prime proposal submissions.
In addition to your analysis, you will provide support during price negotiations, ensuring alignment between Lockheed Martin and its subcontractors/suppliers.
Some travel (10-20%) will be required as certain audits are conducted at subcontractor facilities.
Occasionally, you may be called upon to support audits and field inquiries from US Government customers regarding your findings.
Your expertise will also contribute to organizational initiatives, including process improvement and cost-estimating advancements. The role involves a mix of independent work and collaboration, both virtually and on-site at a LM location.

WHO WE ARE
Our customers are world-wide and so is our reputation for creating original solutions with the latest technologies. Our products keep our customers safe and bring them home to their families at night.

We provide the resources, inspiration, and focus - if you have the resourcefulness and perseverance to work hard, then we want to create a better tomorrow with you.

WHO YOU ARE
You thrive in a collaborative, multidisciplinary engineering environment and are committed to delivering best-in-class products and solutions.

WHY JOIN US
Your Health, Your Wealth, Your Life

Our flexible schedules, competitive pay and comprehensive benefits enable you to live a healthy, fulfilling life at and outside of work.

Learn more about Lockheed Martin's Comprehensive benefits package here! Experience with financial data analysis / financial modeling
Experience with Negotiations
Microsoft Office (Excel, Word, PowerPoint) proficiency
Travel is required, approximately 10-20%. Auditing experience
Knowledge of Financial and Managerial Accounting concepts
Knowledge of Overhead Rate development
Supply Chain experience
Presentation skills
Familiarity with Federal Acquisition Regulations (FAR)
Masters degree in Finance, Accounting, Supply Chain, or MBA
CPA Certification
Job ID: 474450857
Originally Posted on: 4/23/2025

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