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Job Details

Price Analyst

Company name
Meggitt Airdynamics Inc

Irvine, CA, United States

Employment Type

Posted on
Mar 10,2019

Valid Through
Jun 23,2019

Apply for this job


Responsible for the development and coordination of accurate, well supported project cost analyses, price estimates, and proposals for MDSI goods and services. Duties may also include reviewing and responding to RFPs and RFQs, initiating pricing requests, coordinating internal price reviews, support of negotiations, and interface with customer and Government auditors. Candidate must be able to work independently or in a team supporting cost analysis and estimating functions. Must have strong analytical math skills and be capable of reviewing and managing large amounts of data. Attention to detail is critical.

Analyzing RFP/RFQ requirements and, project-to-date cost performance, and Statements of Work, preparation of cost estimates / proposals and preparing / analyzing and evaluating Estimates to Complete.

Prepares detailed, current, accurate, complete cost analyses, estimates and proposals for MDSI customers and coordinates their review and approval by functional managers and company management prior to submission. Considers cost factors such as: materials, labor, equipment, tools, testing, Other Direct Costs (ODC), transportation costs, as well as indirect rates and factors when preparing analyses, estimates and cost projections.

Assists with the development and maintenance of Cost Estimating Relationships (CERs), improvement curves, historical cost data bases files, estimating tools and techniques. Collects and analyses cost and performance data from project teams. Evaluates historical data to validate cost analyses and price estimates. Where appropriate, normalizes data to ensure “apples-to-apples” comparisons.

Supports contract negotiations and government audit activities as required. May serve as lead price negotiator.

Prepares analyses for product life cycle cost estimates, termination liability schedules and expenditure plans / profiles. Must be able to develop structure and methods for major cost analysis projects and respond to “what-if” questions. Must also be able to validate cost estimate/analysis models.

Remains current on all aspects of company operations, engineering manufacturing and production techniques as well as company business management software such as Deltek / CostPoint.

Monitors cost performance for assigned projects. May be required to provide input for Earned Value analysis. Must have the ability to work effectively with other departments to obtain accurate inputs for cost analyses and price proposals.

Reviews RFP / contract terms & conditions and SOW requirements in order to assess impact of these on cost of project performance.

Maintains accurate, complete and well-documented files. Strong written and oral communication skills a must. Outstanding organizational skills and ability to absorb/manage large quantities of information in a fast-paced environment are essential.

Determines preferred estimating techniques and methods for cost proposals and analyses. Must be able to analyze technical and programmatic risk factors and incorporate these factors into cost estimates and analyses.

Develops, manages, and builds positive client relationships.

Education Bachelor’s degree (B.A./B.S./BSc) from four-year college or university or equivalent; and –minimum of six (6) years related experience. Experience must include: a) pricing and administering DoD contracts and/or major prime subcontracts; b) Military/Aerospace industry with FARDFARS regulations. Professional certification desired.

Computer skills: PC. Word processing (WORD), spreadsheets (Excel), Deltek, CostPoint.

Experience with Cost Estimating software such as Pro-Pricer a plus.

Meggitt Defense Systems is an equal opportunity employer. M/V/D/F

Job Location

Irvine, California, United States

Company info

Meggitt Airdynamics Inc
Website :

Company Profile
Meggitt Control Systems, formerly known as Meggitt Airdynamics, is an engineering-oriented manufacturer recognized for its leading custom high-performance fans, pumps, high pressure compressors and related components for the defense, marine and aerospace sectors. Our products include AC/DC electric motors, regenerative drives, advanced high voltage controllers and energy dissipators.

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