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SalaryJob Description
What's it like working for a company where you are treated as more than a number? Empowering. Joining our Supplier Partnership team, you are the backbone behind determining reasonableness of supplier proposed pricing for multiple contracts and programs that keep nations safe. With the diversity of our offerings and work, you'll get to take on new challenges while your career reaches new heights.
BAE Systems is seeking a Principal Cost Analyst with exceptional analytic skills to join the Supplier Cost Analyst team. As a Supplier Cost Analyst, you will analyze supplier cost proposals and provide recommended negotiation positions to Subcontracts/ Procurement. Supplier Proposal Analyses are compliant with Electronic Systems estimating system policies and guidance, FAR (Federal Acquisition Regulations)/ DFARs (Defense Federal Acquisition Regulations) and Truthful Cost Pricing Data (TCPD) requirements. In addition, you will support customer request for information and audits of proposed material.
Job functions and duties will include the following:
Required Education, Experience, & Skills
Preferred Education, Experience, & Skills
Pay Information
Full-Time Salary Range: $96470 - $164010
Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics.
About BAE Systems Electronic Systems
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it’s what we do at BAE Systems. Working here means using your passion and ingenuity where it counts – defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team—making a big impact on a global scale. At BAE Systems, you’ll find a rewarding career that truly makes a difference. Electronic Systems (ES) is the global innovator behind BAE Systems’ game-changing defense and commercial electronics. Exploiting every electron, we push the limits of what is possible, giving our customers the edge and our employees opportunities to change the world. Our products and capabilities can be found everywhere – from the depths of the ocean to the far reaches of space. At our core are more than 14,000 highly talented Electronic Systems employees with the brightest minds in the industry, we make an impact – for our customers and the communities we serve.
Our Commitment to Diversity, Equity, and Inclusion:
At BAE Systems, we work hard every day to nurture an inclusive culture where employees are valued and feel like they belong. We are conscious of the need for all employees to see themselves reflected at every level of the company and know that in order to unlock the full potential of our workforce, everyone must feel confident being their best, most sincere self and be equipped to thrive. We provide impactful professional development experiences to our employees and invest in social impact partnerships to uplift communities and drive purposeful change. Here you will find significant opportunities to do meaningful work in an environment intentionally designed to be one where you will learn, grow and belong.
What's it like working for a company where you are treated as more than a number? Empowering. Joining our Supplier Partnership team, you are the backbone behind determining reasonableness of supplier proposed pricing for multiple contracts and programs that keep nations safe. With the diversity of our offerings and work, you'll get to take on new challenges while your career reaches new heights.
BAE Systems is seeking a Principal Cost Analyst with exceptional analytic skills to join the Supplier Cost Analyst team. As a Supplier Cost Analyst, you will analyze supplier cost proposals and provide recommended negotiation positions to Subcontracts/ Procurement. Supplier Proposal Analyses are compliant with Electronic Systems estimating system policies and guidance, FAR (Federal Acquisition Regulations)/ DFARs (Defense Federal Acquisition Regulations) and Truthful Cost Pricing Data (TCPD) requirements. In addition, you will support customer request for information and audits of proposed material.
Job functions and duties will include the following:
- Decompose supplier provided proposal and Cost or Pricing Data into constituent estimating elements for analysis and determination of price reasonableness.
- Perform indirect rate analysis and direct labor cost analysis to determine reasonableness of supplier cost burdens applied to direct elements and develop detailed rebuttal position.
- Develop walk-down positions by cost element in order to establish summary conclusions and recommendations regarding supplier pricing and provide basis for negotiations.
- Conduct market research and price analysis to confirm the commerciality of a proposed part.
- Participate in Continuous Improvement projects as needed that enhances the current proposal and Cost/Price analysis process.
Required Education, Experience, & Skills
- Bachelor Degree preferably in a business, financial, or accounting discipline and six (6) year's work or equivalent experience or a Master’s Degree with four (4) years’ experience.
- Skills:
- Exercise discretion and independent judgment in the performance of duties
- Be able to prioritize and self-manage a multitasked workload in a fast-paced environment
- Must have strong problem-solving, analytical and in-depth research skills
- Effective communications skills to include writing reports of significant complexity and length. Detail oriented.
- Exhibit sound interpersonal skills involving interfacing, coordinating and negotiating with company personnel and suppliers
- Utilize analytical and computer skills, and various software packages to prepare appropriate reports and documents
- Support the analysis, evaluation, development and implementation process and system improvements within budget while adhering to strict time requirements and schedule.
Preferred Education, Experience, & Skills
- Experience in proposal preparation with a working knowledge of Project Finance, Contracts or Subcontract Administration with a working knowledge of Cost & Price Analysis for Department of Defense procurements.
- A working understanding of the Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulations (DFAR) with an emphasis on FAR/DFAR compliant proposals.
- Familiarity with Cost Accounting Standards, Contract Cost Principles and Procedures, and Accounting and Proposal preparation procedures.
Pay Information
Full-Time Salary Range: $96470 - $164010
Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics.
About BAE Systems Electronic Systems
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it’s what we do at BAE Systems. Working here means using your passion and ingenuity where it counts – defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team—making a big impact on a global scale. At BAE Systems, you’ll find a rewarding career that truly makes a difference. Electronic Systems (ES) is the global innovator behind BAE Systems’ game-changing defense and commercial electronics. Exploiting every electron, we push the limits of what is possible, giving our customers the edge and our employees opportunities to change the world. Our products and capabilities can be found everywhere – from the depths of the ocean to the far reaches of space. At our core are more than 14,000 highly talented Electronic Systems employees with the brightest minds in the industry, we make an impact – for our customers and the communities we serve.
Our Commitment to Diversity, Equity, and Inclusion:
At BAE Systems, we work hard every day to nurture an inclusive culture where employees are valued and feel like they belong. We are conscious of the need for all employees to see themselves reflected at every level of the company and know that in order to unlock the full potential of our workforce, everyone must feel confident being their best, most sincere self and be equipped to thrive. We provide impactful professional development experiences to our employees and invest in social impact partnerships to uplift communities and drive purposeful change. Here you will find significant opportunities to do meaningful work in an environment intentionally designed to be one where you will learn, grow and belong.
