RELOCATION ASSISTANCE: No relocation assistance availableCLEARANCE TYPE: NoneTRAVEL: 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 is currently seeking a Sr Principal Supply Chain Price Analyst Level 4 for the Weapons Systems Division of the Defense Systems Sector of Northrop Grumman.
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This position will be full time remote and support the Missile Products and Propulsion System & Controls (PS&C) business units based in Rocket Center, West Virginia and Elkton, Maryland.
Summary of Position: The Supply Chain Price Analyst Weapons Systems Division will prepare source justification and cost/price analysis of all proposed material (subcontract) items, below the $2M FAR threshold for certified cost and pricing data. This role would require maintaining records of analysis for proposal audit/compliance support and coordination with Global Supply Chain, the Supply Chain Proposal Coordinator, and Price/Cost Estimator.
Responsibilities include but are not limited to:
• Carry out broad and complex assignments in the analysis of complex high dollar cost proposals
• Conduct price analysis of supplier's quoted or proposed pricing using techniques established by FAR 15.404-1 and FASA
• Perform cost analysis of supplier's quoted or proposed pricing including:
o Assess subcontractor cost or pricing data for adequacy in accordance with FAR Part 15
o Perform In-depth review of the supplier's supporting data for each of the cost elements that make up the subcontractors proposed price
o Conduct fact finding to gain a thorough understanding of the suppliers' cost proposals as well as collect and review supporting data
o When necessary, perform rate reviews at supplier facilities in the development of the proposed direct and indirect rates
• Prepare written supplier Price/Cost Analysis Reports (PCARs) detailing the suppliers' price/cost proposal as required by FAR Part 15
• Assist with the development of negotiation positions and pricing objectives. Prepares briefings summarizing supplier proposed prices vs. negotiation objectives as necessary
• Support negotiations with suppliers, including, as necessary conducting price negotiations in coordination with Buyers
• Supports DCAA, DCMA and customer audits and reviews as necessary.
• Establish and maintain effective, cooperative working relationships with team members and internal customers, supplier representatives, and DCAA/DCMA and external customer auditors and reviewers
Basic Qualifications Sr. Principal Supply Chain Price Analyst:
• Must have at least 14 years of experience. Will consider those with a Bachelor's in accounting, Finance, or related field with 10 years of experience or Masters degree with 8 years of experience
• Knowledge of cost and price analysis techniques and government contracting
• Experience with general accounting practices, proposal methodology and estimating techniques
• Experience with applications to prepare reports and documents with an emphasis on Microsoft Excel and Microsoft Word
• Experience with ERP systems and data extraction as well as research and data analysis
• Experience with Truthful Cost or Pricing Data Act (commonly referred to as TINA)
• Knowledge of applicable Federal Acquisition Regulations (FAR), Defense Acquisition Regulation System (DFARS), Cost Accounting Standards (CAS) and processes affecting procurement and contractual functions
• Experience with supplier negotiations
Preferred Qualifications:
• Bachelor's or Master's degree in Accounting, Finance, Economics, or an MBA.
• Experience in the aerospace/defense industry
• Well versed in a broad range of price and cost estimating methodologies with the ability to implement, model and train them effectively
• Technical knowledge or ability to evaluate drawings for material requirements and ability to evaluate shop floor flow
Salary Range: $103,200.00 - $154,800.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.