Sr. Price Cost Analyst
Arlington, Texas
Arlington, Texas
Job Responsibilities
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 Orlando. Discover more about our Orlando, Florida location. or Dallas. 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: Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
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
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: Possible
Career Area: Purchasing/Procurement/Supply Chain
Type: Full-Time
Shift: First
About
At Lockheed Martin, we apply our passion for purposeful innovation to keep people safe and solve the world's most complex challenges.
Mission-Focused Innovation: From aerospace to outer space to cyber space, you can solve the world's most complex challenges for our customers.
Foundational Values: Our culture of performance excellence, ethics, teamwork and inclusion is embedded in everything we do.
Diverse Career Opportunities with Meaningful Work: Grow your career and skills for life. Our technology-driven learning platforms and programs enable your development and agility.
Your Health, Your Wealth, Your Life: Our flexible schedules, competitive pay and comprehensive benefits enable you to live a healthy, fulfilling life at and outside of work.
Empowered to Be Your Best: Use your strengths to make a difference in the lives of one another, our customers, our communities and our planet.
Commitment to Sustainability: We foster innovation, integrity and security to preserve the environment, strengthen diverse communities and propel growth.
Here, the possibilities are endless because we offer:
- Flexible Schedules, dependent on role
- Levels: Student, Entry, Mid, Senior, Management
- Locations: Nationwide & OCONUS Positions
Qualifications
See what it takes to be a successful Lockheed Martin employee.
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Collaborative
There is no innovation without imagination. You bring new, different and exciting ideas to the table every day. You are committed to the success of your team.
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Curious
The ability to explore and drive new ideas. You think innovatively to come up with creative solutions to complex challenges.
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Goal-oriented
From planning and organizing to decision making, goal orientation produces impactful results. You set goals and strive to make things happen quickly and efficiently.
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Proactive
The ability to anticipate, plan and prepare for what lies ahead. You act rather than react to potential situations.
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Problem Solver
You work to tackle tough problems with complex solutions.
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Strategic
You observe, reflect and analyze processes to make more informed decisions.
Quote
“Before I came to Lockheed Martin, I never thought I’d get these opportunities. The benefits available and the company’s value culture make it an incredibly supportive place to work, and I’m grateful to work somewhere that wants me to succeed. I hope to have a long career here making an impact, and I know I’ll be supported in doing that every step of the way.”
Ryan J., Enterprise Operations
Benefits
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Healthcare
Medical, Dental and Vision coverage is available for employees who opt-in.
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401(k)/Retirement Plans
Our 401(k) plan features generous matching and company contributions.
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Professional Development
We support our employees through mentoring, internal & external educational programs, networking, skills enhancement and career-building programs.
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Maternity and Paternity Leave
Our generous parental leave policies support your journey into parenthood. When you return to work, our facilities offer mother's rooms to support your transition and work/life balance.
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Paid Time Off
We offer PTO, paid holidays and paid time off for jury duty and military obligations.
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Flex-time
Depending on the position, we offer flexible work schedules.