Description:
You will be the Sr. Price Cost Analyst for the Material Acquisition Strategy Group. Our team is responsible for driving strategic sourcing decisions and shaping the future of Lockheed Martin's Missiles & Fire Control (MFC) division through expert price and cost analysis.
What You Will Be Doing
As the Sr. Price Cost Analyst, you will be responsible for leading the analysis of complex supplier proposals, negotiating contracts, and driving business growth through data-driven insights. Your responsibilities will include:
* Review and analyze supplier proposals, cost and pricing data, and other key factors to inform strategic sourcing decisions
* Collaborate with suppliers to understand their operations and identify factors that impact pricing
* Develop reports and charts to present findings and recommendations to stakeholders
* Negotiate standard and non-standard contracts with suppliers, ensuring timely execution and mutual benefit
* Train and mentor company personnel on Price/Cost Analysis practices and negotiation techniques
* Lead proposal efforts, monitoring and reporting on PCA status for major initiatives
Why Join Us
We're looking for a collaborative and analytical leader to join our team. As a Sr. Price Cost Analyst, you'll have the opportunity to drive business growth, develop strategic relationships with suppliers, and mentor others in the art of price and cost analysis. If you're a strategic thinker with a passion for data-driven insights and negotiation, we want to hear from you. Apply to join our dynamic team and take your career to the next level!
We are committed to supporting your work-life balance and overall well-being, offering flexible scheduling options Learn more about Lockheed Martin's comprehensive benefits package here.
Our Commitment to Diversity and Inclusion
We Hear You, We See You. At Lockheed Martin, we invest in people and promoting the sharing of ideas to create incredible solutions. We know that our success depends on the combined efforts of diverse thinkers like you! At Lockheed Martin, we cultivate an inclusive environment that appreciates differences and unique thinking.
Our global commitment to diversity and inclusion reflects our values of doing what's right, respecting others and performing with excellence. Learn more here: Global Diversity and Inclusion.
Further Information About This Opportunity:
This position is in Arlington. Discover more about our Dallas, Texas location.
Basic Qualifications:
* Ability to perform and apply cost accounting, pricing, and estimating concepts and principles.
* Ability to conduct fact finding exercises as needed to review basis of price/cost trends and development of key cost indicators.
* Ability to comprehensively review all elements of cost including direct labor, material, ODC, and indirect cost incompliance with FAR, DFARS, GAP and LM procedures.
* Ability to review supplier proposals for compliance with FAR and LM requirements.
* Working knowledge of the Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulations (DFAR), with a strong working knowledge of FAR part 15.
* Ability to utilize analytical, verbal and written communication skills to accurately document, report, and present findings.
* Ability to meet deadlines in a challenging, multitasking environment.
* Proficient in MS Office, specifically Excel, Word, and Power Point.
* Ability to travel 25%-30% of the time.
Desired Skills:
* Strong interpersonal skills and ability to communicate departmental and program messages effectively to both LM personnel, as well as the customer.
Clearance Level: None
Other Important Information You Should Know
Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Full-time Remote Telework: The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 4x10 hour day, 3 days off per week
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California and New York is $85,900 - $161,900. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer. Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. This position is incentive plan eligible.
Pay Rate: The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, Washington or Washington DC is $74,700 - $143,100. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer. Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year. This position is incentive plan eligible.
Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
Join us at Lockheed Martin, where your mission is ours. Our customers tackle the hardest missions. Those that demand extraordinary amounts of courage, resilience and precision. They're dangerous. Critical. Sometimes they even provide an opportunity to change the world and save lives. Those are the missions we care about.
As a leading technology innovation company, Lockheed Martin's vast team works with partners around the world to bring proven performance to our customers' toughest challenges. Lockheed Martin has employees based in many states throughout the U.S., and Internationally, with business locations in many nations and territories.
Experience Level: Experienced Professional
Business Unit: MISSILES AND FIRE CONTROL
Relocation Available: No
Career Area: Purchasing/Procurement/Supply Chain
Type: Full-Time
Shift: First