Principal Pricing Financial Analyst Job
Job Description Job Attributes+
San Jose, CA 95119, US
Finance & Accounting
BAE Systems is seeking a Financial Analyst Principle to join the Pricing Department. This individual will analyze solicitation requirements and prepares fully compliant responses to Request for Proposal (RFP) from Federal Government Agencies across all Contract Types, FFP, FPI, T&M, CPIF, CPFF, and Other Cost Reimbursable Contract Types. Responsibilities include but not limited to lead complex research development and production cost proposals in accordance with RFP of sole source and / or competitive environment. In addition, function as an individual contributor of development, coordination, and submission of cost proposals that are consistent with the Federal Acquisition Regulation (FAR) and the BAE Systems estimating and pricing practices and procedures.
Understand and analyze RFP requirements, developing and presenting cost kick-off briefings, pricing proposals, analyzing cost data, and support negotiations.
Interface with the proposal team (capture managers, program managers, engineering, contracts, finance/accounting, and operations personnel) to ensure that proposal is in compliance with all Cost Accounting Standards and BAE Systems policies and procedures.
Analyze, review Basis of Estimate (BOE) for adequacy, accuracy, current cost and pricing, reasonableness, and completeness.
Provide guidance to proposal managers or others on pricing issue / pricing strategies, financial analyses, and mitigation alternatives.
Develop pricing strategies and “what-if” scenarios.
Prepare Cost / Price volume including cost summaries and narrative analysis or explanation of cost estimates in accordance with technical, management and cost specifications of a request for proposal (RFP).
Ensure the proper application of labor hour estimates, ODC, subcontractor, and material requirements, and overhead pools.
In-depth understanding of FAR and accounting practices including audits, cost pools, rates, and analysis of contract cost data.
Ensure timely response to proposal deadlines and customer requests.
Provide support during customer / government audits, fact-finding and negotiations as required
Maintain detailed pricing documentation files to serve as reference for future inquires or audits.
Provide support to Estimating System audit and post award audits.
Provide leadership/technical guidance to lower level pricing analysts.
Required Education, Experience, & Skills
Bachelor’s degree from an accredited college in a related discipline plus 6 years of experience in pricing / contracts or Masters with 4 years of experience in pricing field.
Complete understanding of Cost Accounting Standards (CAS) and Government Regulation (FAR, DFAR) regarding proposal requirements.
In-depth understanding of direct and indirect rates.
Understanding of Cost Estimating Relationship (CER)
Extensive understanding of Work Breakdown structure or functional cost elements.
Excellent interpersonal skills.
Strong analytical skills.
Strong planning, time management and organizational skills.
Excellent oral and written skills.
Dedicated and works well with others in the performance of duties in an environment with tight schedules.
Must be detail oriented and able to handle multiple tasks at the same time.
Ability to communicate and interact well with all levels of the organization.
Ability to interact effectively with external and internal customers and work both independently and with teams.
Ability to make decisions using sound judgment while complying with policies, procedures, appropriate principles and applicable state and federal laws and regulations.
Ability to develop / demonstrate research and presentation skills.
Ability to effectively defend contract pricing proposals during negotiation.
Highly proficient in MS Office applications.
Excel skills – Pivot Tables, V-lookups, complex formulas.
Preferred Education, Experience, & Skills
- Prior experience with ProPricer
Familiarity with cost volumes and BOEs.
Good knowledge of learning curves and statistics.
Thorough knowledge of the functions of the various departments including the Manufacturing and Engineering process.
Knowledge of purchasing, material pricing, and vendor processes.
Strong project management, analytical, problem solving, teamwork and communication skills required.
About BAE Systems Platforms & Services BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it’s what we do at BAE Systems. Working here means using your passion and ingenuity where it counts – defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team—making a big impact on a global scale. At BAE Systems, you’ll find a rewarding career that truly makes a difference.
The Platforms & Services (P&S) sector under BAE Systems, Inc does the big stuff: the armored combat vehicles, naval guns, missile launchers, and naval ship repair…just to name a few. Our employees take pride in the work they do and why they do it. They are on the front lines every day, building our products to protect the lives of those who serve. We may be biased, but we think P&S does some of the coolest work around, and we think you will too.
At BAE Systems, we celebrate the array of skills, experiences, and perspectives our employees bring to the table. For us, differences are a source of strength. We’re laser-focused on high performance, and we work hard every day to nurture an inclusive culture where all employees can innovate and thrive. Here, you will not only build your career, but you will also enjoy work-life balance, uncover new experiences, and collaborate with passionate colleagues.
Who We Are
You're used to protecting what matters most.
Our team has the privilege and the responsibility of knowing that the work we do really matters. Our work is vital to the armed forces personnel and major corporations who rely on us to protect, equip and support them where it counts; to the security and prosperity of the nations we serve; to our skilled and talented people; to the local communities where we are based; and to the wider community who invest in, supply and engage with us. At BAE Systems, everyone can make a difference.
We believe that a diverse workforce inspires creativity and drives innovation. We respect and value the huge variety of skills, abilities and perspectives that our people bring to our business. We celebrate our differences and aim to recruit and develop talent from all backgrounds, championing the strength that a truly inclusive and collaborative workplace gives to our company culture and performance.
Enjoy a flexible environment that values your work-life balance and helps you perform at your best.
On the job training, leadership programs, collaboration with leading experts – excellence is built into your career development whether you are just starting out as an apprentice or are an experienced professional.
We’re united by trust, camaraderie and a shared ambition to lead the world in our field. It helps that we’re nice people too.
See your contribution, making real change as breakthrough technology and intelligence solutions reshape the landscape for our customers.
What We Offer+ Warrior Integration Program (Est. 2008)
This program was created to assist in the employment, transition, education, and development of wounded warriors. Through mentoring, partnership, education, and leadership, we vow to serve our veterans in the same manner they served our country. WIP provides mission-centered work that gives wounded warriors the opportunity to contribute, providing a path for career progression.
Camo to Corporate underpins all of our military recruiting and veteran efforts. We participate in annual career workshops and partner with VA employment reps to identify opportunities for vets at BAE Systems. We’re also proud members of Joining Forces, the Veteran Jobs Mission and Hiring our Heroes - initiatives focused on helping vets and their spouses find meaningful careers.
Meet Our Veterans
All of my co-workers have been very helpful with my transition into the company and in my training as a Common Missile Warning Systems technician. The camaraderie of the other WIP employees has also been instrumental in my transition out of the Marine Corps.
Retired Cpl. J. Munoz
Operating Enduring Freedom