What are the responsibilities and job description for the Cost Analyst position at JST?
Overview
JST is seeking a Cost Analyst to join our team. The Business Cost Analyst examines the program/project expenses in relation to programed budgets and creates reports and advises the program managers.
This is a full-time position in San Antonio, TX. JST offers a full benefit package, a collaborative work environment and strong company culture. Veterans and military spouses are encouraged to apply.
Cost Analyst Responsibilities
- Focus heavily on forecasting, team learning, and process improvements.
- Perform detailed variance analysis of actual financial results versus plan, forecast, and key performance metrics.
- Work closely with accounting to ensure accurate financial reporting.
- Weekly tracking and reporting to program management and customers.
- Review strategic and task order pricing, providing pricing recommendations.
- Examine data to help with reducing cost in all operations.
- Develop/conduct training of both program and functional staff in cost estimating.
- Monitor project costs and commitment to budget and forecast.
- Maximize profitability through product cost savings initiatives factoring in impact from sourcing strategy shifts, manufacturing practices, duty landscape, macro-economic variables, payment terms, logistics models, business and consumer needs.
- Perform schedule risk assessments to identify and mitigate program cost and scheduling risks.
- Maintain variable cost files and price/volume variance analysis by contract line items.
- Work with key stakeholders to identify project risks and track them.
- Contribute to plans for yearly operations, budgets, and estimating new product costs, including economic analysis.
Cost Analyst Qualifications
- 5 plus years' professional service in one of the following disciplines (or a combination thereof): budget analysis, program control, or financial analysis within the Department of the Defense (preferably Air Force) marketplace.
- Ability to generate moderate to complex Excel spreadsheets for presentation to leadership
- Excellent oral and written communication skills
- Understanding of Contract Financial Types: Cost Plus Fixed Fee (CPFF), Time & Material (T&M), Firm Fix Price (FFP), etc.
- Excellent time management skills
- Bachelor's or Graduate's Degree in mathematics, business, finance or engineering, or equivalent experience.
- Experience with spreadsheets, PCA, AS/400, and SQL software and systems.
- Comfortable with decision making and problem solving.
- Skilled at cost estimates and cost analysis with an eye for detail.
- Comfortable collaborating, analyzing, and planning budgets.
- Prior experience as a Business Cost Analyst
Required Clearances and Screenings
- MUST be able to successfully pass a drug and background check
About Joint Strategic Technologies (JST)
No objective is beyond reach! Joint Strategic Technologies (JST) enables successful mission outcomes from the back office to the battlefield. Our team includes leading experts from military, government and the private sector, all working together to help federal customers make a difference. Our goal is to Elevate the Impact that our employees have on our customers and treat every employee as a valued member of our team. JST empowers employees to make decisions and take-action, thus improving overall organizational growth and employee development.
Culture isn't something you talk about. It's something you do. JST is committed to creating a positive environment 'that reaches beyond work and careers' to support every employee's professional and personal objectives. JST values the well-being of every employee and encourages healthy lifestyles, family activities and community involvement.
JST is a proud equal opportunity employer. All qualified applicants will be considered for employment without attention to age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. JST will not tolerate discrimination or harassment.
