Cost Estimating Analyst 3
Company: Draper Labs
Location: Cambridge
Posted on: January 22, 2025
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Job Description:
Overview:Draper is an independent, nonprofit research and
development company headquartered in Cambridge, MA. The 2,000+
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 .Job Description Summary:The Cost Estimating Analyst
3 will support estimating and pricing activities. This role reports
into the Estimating and Pricing lead, and also supports the
proposal team. The responsibilities include understanding the
customer solicitation, providing guidance to the proposal team on
the required estimates, and is able to provide guidance for
estimating labor, material, and travel, to accurately cost and
price that solicitation, and supporting the proposal team through
the management review process. This position will work closely with
the various functional teams such as Engineering, Procurement,
Program Management and Contracts.Job
Description:Duties/Responsibilities
* 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
* Supports audit requests and fact-finding
* 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, updates / revisions,
and negotiations
Skills/Abilities
* Able to communicate and present cost estimating information to
leadership.
* Able to perform 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 review, compliance, submission, updates /
revisions, and negotiations.
Education
Bachelor's degree in business, accounting, finance or related
discipline with 3-5 years of relevant experience.
Experience:
5 - 7 years experience in cost estimation.Additional Job
Description:Applicants selected for this position may be required
to obtain and maintain a government security clearanceConnect With
Draper for Future Opportunities! If you don't find the right
posting in our Career Opportunities, you may for future
consideration.Job Location - City:CambridgeJob Location -
State:MassachusettsJob Location - Postal Code:02139-3563Our 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
.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 .
Keywords: Draper Labs, Newton , Cost Estimating Analyst 3, Professions , Cambridge, Massachusetts
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