Supply Chain Price/Cost Analyst (Level 4 or 5)

About the position At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history. Northrop Grumman is seeking a Level 4/5 Supply Chain Price/Cost Analyst for Full-Time Telework. Summary of Position : The Supply Chain Price/Cost Analyst will prepare source justification and cost/price analysis of all proposed material (subcontract) items, above the $2.5M FAR threshold for certified cost and pricing data. This role would require maintaining records of analysis for proposal audit/compliance support and coordination with Global Supply Chain, the Supply Chain Proposal Coordinator, and Price/Cost Estimator. Responsibilities • Carry out broad and complex assignments in the analysis of complex high dollar cost proposals • Conduct price analysis of supplier's quoted or proposed pricing using techniques established by FAR 15.404-1 and FASA • Perform cost analysis of supplier's quoted or proposed pricing including: • Assess subcontractor cost or pricing data for adequacy in accordance with FAR Part 15 • Perform In-depth review of the supplier's supporting data for each of the cost elements that make up the subcontractors proposed price • Conduct fact finding to gain a thorough understanding of the suppliers' cost proposals as well as collect and review supporting data • When necessary, perform rate reviews at supplier facilities in the development of the proposed direct and indirect rates • Prepare written supplier Price/Cost Analysis Reports (PCARs) detailing the suppliers' price/cost proposal as required by FAR Part 15 • Assist with the development of negotiation positions and pricing objectives. • Prepares briefings summarizing supplier proposed prices vs. negotiation objectives as necessary • Support negotiations with suppliers, including, as necessary conducting price negotiations in coordination with Buyers • Develop and maintain learning curve cost/should-cost estimating models that can be used as a price analysis tool in support of historical cost comparisons • Supports DCAA, DCMA, and customer audits and reviews as necessary. • Establish and maintain effective, cooperative working relationships with team members and internal customers, supplier representatives, and DCAA/DCMA and external customer auditors and reviewers Requirements • Bachelor's in accounting, finance, or related field with 8 years of experience or Master's degree with 6 years of experience. • 12 years of professional experience required in lieu of a degree • Knowledge of cost and price analysis techniques and government contracting • Experience with general accounting practices, proposal methodology and estimating techniques • Experience with applications to prepare reports and documents with an emphasis on Microsoft Excel and Microsoft Word • Experience with ERP systems and data extraction as well as research and data analysis • Experience with Truthful Cost or Pricing Data Act (commonly referred to as TINA) • Knowledge of applicable Federal Acquisition Regulations (FAR), Defense Acquisition Regulation System (DFARS), Cost Accounting Standards (CAS) and processes affecting procurement and contractual functions • Experience with supplier negotiations • All qualifications met for Sr. Principal (4) • Bachelor's in accounting, finance, or related field with 12 years of experience or Master's degree with 10 years of experience. • 16 years of experience required in lieu of a degree • Experience with customer negotiations Nice-to-haves • Bachelor's or Master's degree in Accounting, Finance, Economics, or an MBA. • Experience in the aerospace/defense industry • Well versed in a broad range of price and cost estimating methodologies with the ability to implement, model and train them effectively • Technical knowledge or ability to evaluate drawings for material requirements and ability to evaluate shop floor flow Benefits • health insurance coverage • life and disability insurance • savings plan • Company paid holidays • paid time off (PTO) for vacation and/or personal business Apply tot his job