Job ID: 672506BR Date posted: Aug. 06, 2024
Description:WHAT WE'RE DOING

At Lockheed Martin, our Material Affordability Strategy and Acquisition (MASA) team is leading the charge in driving strategic supplier integration to support our long-term objectives and program campaign pursuits. Our mission is to ensure supplier proposal compliance while achieving company profit objectives and delivering affordability for our customers.

THE WORK

As a Price Cost Analyst Staff within the MASA Team, you will:
• Conduct Alternate Analysis of Other Than Cost and Pricing Data from suppliers for proposals where a supplier was not fully responsive to the request for proposal (RFP).
• Conduct Alternate Analysis on proposed supplier spend where the aggregate value of that supplier exceeds the Truthful Cost or Pricing Data Act threshold.
• Coordinate with Material Cost Estimating to provide substantiated supplier material estimates for inclusion in the prime bill of material (BOM)
• Coordinate with technical subject matter experts to formulate bottoms up estimates and monetize into a substantiated estimate for when no supplier data is available.
• Provide mentorship to junior analysts.

WHO WE ARE

Lockheed Martin is a global leader in aerospace, defense, and security, dedicated to advancing scientific research and technological innovation. Our team is composed of diverse, talented professionals committed to solving complex challenges and making a difference.

WHO YOU ARE

You are a meticulous analyst with a keen eye for detail and a passion for cost analysis and supplier integration. You possess strong analytical skills, and a solid understanding of cost and pricing data, and are adept at working collaboratively with cross-functional teams. You are proactive, resourceful, and committed to delivering high-quality, substantiated estimates that drive affordability and compliance.

WHY JOIN US

Joining Lockheed Martin means being part of a team that is dedicated to innovation and excellence. We offer:

Professional Growth: Opportunities for continuous learning, development, and advancement within the company.
Collaborative Culture: A supportive and inclusive work environment where your contributions are valued.
Impactful Work: The chance to work on projects that make a significant impact on national security and technological advancement.
Comprehensive Benefits: Competitive compensation packages, health and wellness programs, retirement plans, and more.
Join us in driving innovation and excellence at Lockheed Martin. Apply now to become a part of our dynamic team.
Basic Qualifications:
Experience in one or more of the following fields: negotiations, supply chain, statistics, mathematics, engineering, material cost estimating, contracts, accounting, compliance, financial analysis, price analysis, or cost analysis.
• Ability to capture and analyze large data sets from multiple sources and create substantiated material estimates.
• Ability to review Supplier proposals and provide guidance for Compliance with FAR and LM requirements.
• Working knowledge of the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation (DFAR) supplements, with a strong working knowledge of FAR Part 15
Desired Skills:
• Experience with government contracts and Federal Acquisition Regulation (FAR) requirements, specifically Section 15 - Contracting by Negotiation.
• Strong interpersonal skills and ability to communicate departmental and program messages effectively to both LM personnel and the customer.
• Master’s degree in finance, supply chain, accounting, or MBA
• Previous LM experience
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
Pay Rate:
The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Washington or Washington DC is $91,300 - $175,000 . 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.
Pay Rate:
The annual base salary range for this position in most major metropolitan areas in California and New York is $105,000 - $197,800. 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.
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.
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.

With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.

If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Experience Level: Experienced Professional
Business Unit: RMS
Relocation Available: Possible
Career Area: Purchasing/Procurement/Supply Chain
Type: Full-Time
Shift: First