Pricing Analyst
Position Summary:
MAG is looking to fill a critical role for a Pricing Analyst at our company headquarters in Fairfax, VA. This position will report directly to our Pricing Director and be responsible for preparing timely, accurate, and compliant cost proposals.
The Pricing Analyst will collaborate closely with multiple MAG personnel and possible Sub/Prime Contractor finance elements while generating pricing/cost narratives in our proposal response to Government Solicitations/Contracts. The ideal candidate will have an excellent understanding of proposal pricing within the DoD and related market segments, with sharp attention to detail and a keen awareness of current market conditions.
Essential Duties and Responsibilities:
- Develop compliant cost/price proposals to ensure they adhere to RFP requirements, the organization’s estimating system, and applicable U.S. Government procurement regulations (e.g. Federal Acquisition Regulation (FAR))
- Review RFP/RFQ documentation, identify and develop questions based on the solicitation that impact Pricing compliance and strategy
- Works closely with Capture/Business Development, Contracts, Human Resources and Operations to ensure cost proposals are compliant and compelling
- Coordinates with senior staff to determine pricing structure, Price to Win, competitive analysis, and overall strategy
- Works with the proposal team to develop and adhere to cost volume schedules
- Responsible for creating internal and external price volumes, including cost narratives
- Work with primes and subcontractors during pricing proposal development
- Prepare and present pricing materials in BD Gate reviews with upper management
- Contribute to the standardization of tools that result in compliant/quality pricing proposal
- Other duties may be assigned
Requirements:
- 4-8 years of experience with pricing for Government solicitations and proposals
- Advanced proficiency in Microsoft Excel building formulas
- History working on and/or managing major and complex prime cost proposals generally valued at $50M+
- Experience creating pricing models and preparing financial analysis to provide pricing decision support to management throughout the proposal life cycle
- Experience developing compliant large Government Cost/Price volumes, including Cost Narratives.
- Strong communication skills with the ability to interact with all levels of management
- Knowledge of and experience with:
- How to dissect cost / pricing requirements out of a Government solicitation
- different contract, solicitation, and agreement types to include Time and Materials, Firm Fixed Price, and Cost Plus contracts
- the FAR and ability to read and understand Government contracts
- Compliantly developed OCONUS cost models
- Understanding of financial management concepts such as revenue, cost, profit, etc.
- Ability to work flexible hours when dictated by proposal deadlines.
- Ability to thrive in a fast-paced, customer service and collaborative team environment.
Clearance requirement:
- Ability to obtain and maintain a Secret Clearance
Desired Requirements:
- Bachelor’s degree in Accounting/Finance or related field
- Experience with OCONUS, ISR, and integration projects
- History of conducting competitive analysis
- Knowledge of Price to Win processes and tools
Special Note:
The position is contingent upon candidate’s ability to meet physical and medical requirements as needed by the position; including compliance with all applicable federal, state, and local jurisdictional requirements.
Government or customer site-specific requirements may include, but are not limited to, proof of full COVID-19 vaccination status, except in circumstances where a candidate is legally entitled to an accommodation.
Company Policy:
MAG Aerospace (MAG) is an Equal Opportunity/Affirmative Action Employer and is committed to Diversity and Inclusion. We encourage diverse candidates to apply to our positions.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
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MAG Aerospace (MAG) is committed to providing an online application process that is accessible to all, including individuals with a disability, by offering an alternative way to apply for job openings. This alternative method is available for those who cannot otherwise complete the online application due to a disability or need for accommodation.
MAG provides reasonable accommodation to applicants under the guidance of the Americans with Disabilities Act (ADA), Section 503 of the Rehabilitation Act of 1973, the Vietnam-Era Veterans’ Readjustment Assistance Act of 1974, and certain state and/or local laws.
If you need assistance due to a disability, please contact the MAG Aerospace Recruiting email: Applicant.Assist@mag.us or call (703) 376-8993.
Benefits and Compensation:At MAG Aerospace, we value your contributions providing our employees with a robust Total Rewards package that supports your total well-being. Full-time and part-time employees working at least 30 hours a week on a regular basis are eligible to participate in MAG's Total Rewards programs.
Our offerings include health, life, disability, financial, and retirement benefits as well as paid leave, professional development, and tuition assistance. Individuals that do not meet the threshold are only eligible for select offerings not inclusive of health benefits.
We encourage you to learn more about our Total Rewards Program by visiting the Resource page on our Careers site: https://www.magaero.com/benefits/. Salary at MAG Aerospace is determined by various factors including but not limited to location, the particular combination of education, knowledge, skills, competencies, and experience as well as contract-specific affordability and organizational requirements.
The projected compensation range for this position is $110,000 to $125,000 (annualized USD). The estimate displayed represents the typical salary range for this position and is just one component of MAG's total compensation package for employees.