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Form of workCost Analyst
Headquarters - Virginia Beach, Va 23451
Headquarters - Virginia Beach, Va 23451
How your expertise will fit into GTS’ world:
As a Cost Analyst, your main responsibility will be to obtain and analyze supplier quotations in support of the proposal team. Additional responsibilities may include supporting the procurement organization with the validation of quotations, source selection, and purchasing.
What your working environment will be like:
This position is housed at our Headquarters location in beautiful Virginia Beach, VA just a few miles back from the ocean!
As a Cost Analyst, you will be allocated your own workspace that will allow for total focus but also easy access to other team members!
This is how you will play a key part in our GTS ecosystem:
- Additional responsibilities may include supporting the procurement organization with the validation of quotations, source selection, and purchasing.
- Supporting the Proposal Development team by: developing Requests for Quotations (RFQs); soliciting suppliers, and providing inputs into the Consolidated Bill of Materials (CBOMs).
- Must be able to prioritize work on a variety of proposals at the same time.
- Conduct cost reasonableness and realism analysis.
- Conduct analysis of vendor pricing trends, customer demand, and competitive landscape to identify opportunities for pricing optimization.
- Reviews quotes received from vendors for accuracy.
- Monitor and evaluate the effectiveness of vendor pricing strategies, including pricing promotions and discounts.
- Provide ongoing analysis of vendor pricing data to identify trends and opportunities for improvement.
- Maintain vendor pricing data integrity and accuracy within the company's pricing system
- Participate in cross-functional projects related to pricing optimization and process improvement.
- Confers with vendors and analyzes vendor's operations to determine factors that affect vendor prices. May recommend use of alternative parts, materials, or methods to reduce costs.
- Develop and maintain working relationships with local and national vendors.
- Collaborate with Strategic Suppliers to develop Quotations.
- Other duties as assigned.
Qualifications you have that would make you a great fit:
- Bachelor’s degree in business, finance, accounting, mathematics, or related field with five+ years of experience in a similar financial analytics role
- Familiarity with contract types, including Firm-Fixed Price (FFP), Time and Materials (T&M), Cost-Plus Fixed Fee (CPFF), and ID/IQ contracting, as well as a diverse range of customers, including civilian and defense agencies
- Knowledge of Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS)
- Knowledge of cost estimating techniques
- Demonstrated experience working on multiple proposals at a time
- Advanced skills in Microsoft Excel
- Flexibility to work as needed during the proposal process to meet deadlines
- Excellent analytical, communication, leadership and mentoring skills.
- Aptitude for analyzing numerical information, with strong attention to detail skills.
- Ability to communicate with all levels of management including Sales, Legal,
- Finance and Operations.
- Solid understanding of cost modeling and being familiar with creating and issuing Request for Quotations (RFQs).
- Knowledge of computer software (Costpoint and Qstrat).
Meet your future Department Lead:
Chris Adler, Director of Contracts & Procurement
Christopher Adler is an accomplished Embry-Riddle Aeronautical University graduate with more than 28 years of success across the aerospace, aviation, engineering, construction, security, and United States government sectors. As the Director of Contracts & Procurement, Chris fills a very important role at GTS. He is trusted with the organizations overall strategy and aspirations and is an excellent motivational team builder, coach and mentor.
Thank you for taking the time to learn more about the Cost Analyst position and Global Technical Systems! We look forward to hearing from you. If you would like to move forward and apply for this position, you can do through either apply buttons below.
Equal Opportunity Statement:
GTS offers a stimulating and exciting work atmosphere, a competitive salary and benefits. GTS is ISO 9001:2015 certified. We are proud to be an Equal Opportunity Employer, making decisions without regard to race, color, religion, gender, national origin, age, veteran status, disability or any other protected class.
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