Principal Price/Cost Proposal Analyst - Level 3

RELOCATION ASSISTANCE: Relocation assistance may be available CLEARANCE REQUIRED FOR START: Yes CLEARANCE TYPE: Secret TRAVEL: 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. Northrop Grumman Aerospace Systems (NGAS) is currently seeking a Principal Price/Cost Proposal Analyst Level 3 , to support the Strike Division on site at one of the following locations: Palmdale, California; or Melbourne, Florida.      This Level 3 Principal Price/Cost Proposal Analyst will be responsible for evaluating supplier proposals under multiple contract types, to include, but not limited to, Firm Fixed Price (FFP), Cost Type, and Indefinite Delivery and Indefinite Quantity (IDIQ) and providing a fair and reasonable position in a price/cost analysis report (PCAR).  This position will collaborate across multiple functions such as Contracts, Pricing & Estimating, Engineering, Global Supply Chain, and Program Management to prepare and submit first-time quality, compliant, and on-time PCARs to support the customer commitments, as well as NG’s financial goals.  In addition to PCAR support, the role will also provide Quality and Compliance reviews for NG proposals prior to customer submission.  These reviews will focus on content (BOE and Cost Volume), spelling/grammar, and rate verifications/validations.  It will also include the internal audit of various Cost Estimating Factors (CEFS). Specific duties include: • Evaluates proposals (internal and external) for compliance to Federal Acquisition Regulation (FAR) and Northrop Grumman requirements • Prepares and performs a detailed analysis documented in a Price/Cost Analysis Report (PCAR) of supporting documentation to validate labor, material, and other cost elements such as travel, other direct costs (ODCs), rates, escalation and profit/fee. • Conducts market research, analyze historical data, and develop cost estimating models and factors to evaluate price reasonableness and develop negotiation positions. • Compiles information from periodicals, catalogs, and other sources to stay informed on regulations (e.g., FAR, DFARS, etc.), price trends and manufacturing processes. • Confers with suppliers and analyzes suppliers' operations to determine factors that affect prices. • Participates in fact-finding sessions via telecom or at supplier’s site to review basis of estimates (BOEs) and source documentation verifying proposal cost estimates. • May analyze and audit direct/indirect rates at supplier locations to provide rate recommendations. • Perform regression analysis to account for learning or quantity variance as required. • Requests and obtains DCAA Assist Audits where applicable. • Interfaces with responsible engineers regarding the integration of technical evaluations into the cost analysis when appropriate. • Establishes supplier proposed vs. negotiation objective positions by major element of cost to attain formal Supply Chain Management approval for supplier negotiations and prepares presentations summarizing the review.