RELOCATION ASSISTANCE: Relocation assistance may be availableCLEARANCE TYPE: SecretTRAVEL: Yes, 10% of the Time Description 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.The Northrop Grumman Aeronautics Systems sector is seeking a Principal / Sr. Principal Price/Cost Analyst (Level 3 or 4) to join its growing team of diverse professionals. This job is based in our Melbourne, Florida offices.
 
The person chosen for this role will be tasked with analyzing the pricing and costs associated with major subcontracts and general procurement cost proposals. This analysis will support both ongoing activities and prime proposal activities, which are essential for the company's operations and strategic initiatives.

Essential Functions:
Responsible for supporting the Price/Cost Team, who support both prime and supplier acquisitions.
 
Responsibilities include, but are not limited to:

• Cost Model Development: Create cost models to aid in analyzing and negotiating supplier proposals.
• Supplier Proposal Analysis: Work with suppliers to understand their operations and determine factors affecting pricing. Conduct cost analysis and audits to ensure costs and prices are reasonable.
• Technical Integration: Collaborate with engineers to incorporate technical evaluations into cost analyses when needed.
• Data Compilation: Gather data to develop objective cost analyses for ongoing procurements and prime proposal cost estimates.
• Reporting: Prepare Price/Cost Analysis Reports (PCAR) and presentations summarizing evaluation findings. Make recommendations to Global Supply Chain (GSC) Business Management and Program Management.
• Negotiation Support: Provide support throughout the subcontract definition process and participate in supplier negotiations as needed. Establish negotiation objectives for supplier negotiations and maintain records and data supporting proposals.
• Compliance Evaluation: Assess supplier proposals for compliance with Federal Acquisition Regulation (FAR) requirements and prepare detailed PCARs.
• Fact-Finding: Engage in fact-finding sessions via telecom or at supplier sites and request DCAA Assist Audits when applicable.
• Market Research: Conduct market research, analyze historical data, and develop cost estimating models to evaluate price reasonableness and negotiation positions.
• Commerciality Reviews: Support reviews of Subcontractor claims of "Commerciality" and Commercial Item Determinations.
• Pricing and Estimating: Support GSC pricing and estimating activities during proposal phases and post-award execution.
• Audit Support: Assist with DCAA Proposal and Estimating System Audits and DCMA Purchasing System Audits.
• Make/Buy Analysis: Provide support for Make/Buy analysis decisions.
 
This role can be filled at either the Level 3 Principal Price/Cost Analyst or Level 4 Senior Principal Price/Cost Analyst position.

Basic Qualifications for a Principal Price Cost Analyst (Level 3):
- Education and Experience: A Bachelor's degree with at least 6 years of relevant experience in price/cost analysis, or a Master's degree with at least 4 years of related experience.
- Technical Skills: Proficiency in Microsoft Office, particularly Excel and Word.
- Analytical Skills: Capability to effectively perform and apply cost accounting, pricing, and estimating methods, concepts, and principles.
- Security Clearance: Must be able to obtain and maintain a Department of Defense (DOD) Secret Security Clearance.
 
Basic Qualifications for a Sr. Principal Price/Cost Analyst (Level 4):
- Education and Experience: A Bachelor's degree with at least 8 years of relevant experience in price/cost analysis, or a Master's degree with at least 6 years of related experience.
- Technical Skills: Proficiency in Microsoft Office, particularly Excel and Word.
- Analytical Skills: Capability to effectively perform and apply cost accounting, - - Security Clearance: Must be able to obtain and maintain a Department of Defense (DOD) Secret Security Clearance.

Preferred Qualifications:
- Educational Background: A Bachelor's degree in one of the following fields: Business, Finance, Accounting, Economics, Mathematics, Global Supply Chain, or Project Management.
- Technical Skills: Proficiency in SAP software and the ability to analyze historical job cost data.
- Team Collaboration: Capability to work effectively as a key member of the Subcontract/Procurement team to support Global Supply Chain and Program objectives.
- Time Management: Ability to meet deadlines in a demanding, multi-tasking environment while ensuring compliance throughout all stages of the proposal and acquisition process.
- Price/Cost Analysis: Understanding of Cost Improvement Curves, Price Adjustment Indices, and their application.
- Contract Knowledge: Familiarity with the government contract environment, specifically the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS).
 
We offer phenomenal learning opportunities, exposure to a wide variety of projects and customers, and a very friendly collaborative workplace. We are looking for self-motivated, proactive, and goal-oriented people to help us grow our services and become even better at what we do. Does this sound like you?
 
Our Employee Resource Groups (ERGs) provide benefits for the member, our leaders and the company. Our ERGs offer opportunities to be a friend, be active, be a volunteer, be a leader, to be recognized and to be yourself! Every ERG is inclusive of all employees!
 
At Northrop Grumman, we are innovating-- building the next generation of sophisticated aircraft to protect our country. Our diverse portfolio of programs means there are endless paths to cultivate your career. We are well-known for our inclusive, family environment, as well as our excellent work/life balance. We also offer exceptional benefits/healthcare, a 9/80 schedule, and a great 401K matching program.
 
Salary Range: $78,700.00 - $118,100.00Salary Range 2: $98,100.00 - $147,100.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.PDN-9f082533-26bf-45b5-80f9-41ee23551eda