What are the responsibilities and job description for the Entry Level Cost Estimating Analyst position at Draper?
Overview
Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 1,800 employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.
Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.
Equal Employment Opportunity
Draper is committed to creating a diverse environment and is proud to be an affirmative action and equal opportunity employer. We understand the value of diversity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.
Draper is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.
Responsibilities
Draper is seeking an Entry Level Cost Estimating Analyst who will support costing and pricing proposals from RFP and proposal authorization to coordinating inputs and guiding the proposal financials through the management review process. This position, reporting to the Associate Director, Corporate Finance, works closely with the various functional teams such as Engineering, Procurement, Program Management and Contracts.
Primary Responsibilities:
- Develops, analyzes, evaluates, coordinates, prepares, and supports cost proposals to government and commercial customers
- Coordinates the collection and accumulation of cost input from cross-functional departments
- Supports consolidation and pressure-testing of basis of estimates (BoEs) across all elements of cost (Labor, Material, Travel / Other Direct Costs, Subcontracts) for accuracy and completeness
- Researches and analyzes historical data, and develops cost models to support proposal efforts and determine the of accuracy of functional estimates
- Assesses estimating techniques and historical actuals documentation
- Evaluates Bill of Materials (BOMs), selects appropriate pricing methods (e.g., purchase order history, vendor quotes, etc.), and ensures all quotes are recent
- Consolidates cost estimates in pricing tool / ERP system
- Generates cost volume, financial analyses, and ad hoc support as needed
- Ensures adherence to Federal Acquisition Regulations (FAR), certified cost and pricing compliance (aka TINA), and internal policies and procedures with regard to estimating, cost proposal preparation, review, compliance, submission, and updates / revisions
Qualifications
Basic Qualifications:
- Previous experience in cost estimation
- Bachelor’s degree in business, accounting, finance or related discipline and 1-3 years of relevant experience
- Able to communicate and present cost estimating information to leadership
- Must have the ability to obtain and maintain a Secret Clearance
Preferred Qualifications:
- Active Secret clearance
- Experience in bidding to different contract types (FFP, FPIF, CPFF, CPIF, T&M)
- Excellent communication and analytical skills
- Detail-oriented with the ability to ensure bids are completed on schedule
- Proficient in handling multiple projects simultaneously
- Self-starter that is capable of working independently and in a team environment
** Draper has implemented a mandatory COVID-19 vaccination requirement for all Draper employees. This will be a condition of employment to work at Draper.
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