Principal Cost Estimating Analyst

Northrop Grumman Northrop Grumman · Aerospace · Plymouth, MN +1 · Business Management Mult-Func

Principal Cost Estimating Analyst for Northrop Grumman's Armament Systems Pricing & Estimating team. Responsibilities include estimating labor costs for manufacturing and engineering based on RFPs, compiling cost/schedule/technical elements for proposals, calculating production costs, collecting cost data, preparing cost reports, supporting risk/opportunity assessment, and participating in contract negotiations. Requires extensive experience in pricing, finance, contracts, or business operations, with proficiency in Excel.

What you'd actually do

  1. Estimating labor costs of manufacturing and engineering based on request for proposal (RFP) data submitted by prospective customers
  2. Compiling cost, schedule, and technical elements in the development of proposals in accordance with Request for Proposal (RFP) specifications.
  3. Calculating production costs using labor and material pricing schedules and historical data
  4. Collecting cost data from functional representatives and subcontractors
  5. Preparing cost reports and presenting results to management, contract personnel, proposal coordinators and customer representatives

Skills

Required

  • High School Diploma or GED with 10 years of related experience OR Bachelor's degree with 6+ years of related experience OR Master's degree with 4+ years of related experience
  • Extensive experience in pricing, finance, contracts, business and/or business operations
  • Ability to prioritize effectively and complete work timely in a deadline driven environment
  • Proficient in Microsoft Office suite of tools/applications, with a strong emphasis on Microsoft Excel

Nice to have

  • Aerospace/defense industry and business management experience
  • Strong presentation skills
  • Ability to create Microsoft Excel macros
  • Knowledge of the Business Acquisition Process (BAP)