Principal /Sr Principal Pricing Analyst
Requisition ID: R10117460
Category: Business Management
Location: Rolling Meadows, Illinois, United States of America
Citizenship required: United States Citizenship
Clearance Type: None
Telecommute: Yes-May consider hybrid teleworking for this position
Shift: 1st Shift (United States of America)
Travel Required: Yes, 10% of the Time
Relocation Assistance: Relocation assistance may be available
Positions Available: 1
Northrop Grumman is looking for a Professional (Level 3/4) to support the Navigation, Targeting, & Survivability Division in the Pricing & Estimating Department. The position will be located in Rolling Meadows, IL and will offer a hybrid work schedule with 2 days in the office.
Responsibilities include, but are not limited to:
Prepare material estimates for proposal submittals by
Understanding customer requirements through RFPs and other requests
Collaborating and coordinating with proposal technical teams in developing the material estimating strategy by interfacing with Business Management, Procurement, Supply Chain, Program Management, Program Office, and Pricing Organizations
Selecting appropriate pricing methods (PO History, vendor quote, etc) for each item included in the proposal
Ensuring compliance with Customer and FAR Regulatory Requirements
Ensure schedule adherence
Support proposal reviews with detailed Bills of Materials and Cost Estimating Relationship (CERs) Estimates including accompanying supporting data
Compile costs, schedules, technical elements and hardware/sub-contractor costs in accordance with request for proposal (RFP) specifications
Coordinate the collection and accumulation of cost, scheduling, and performance elements from internal customers
Research and analyze historical data
Interact with other functional areas to troubleshoot issues in support of proposal requirements and deadlines
Develop cost models to support proposal efforts and overall pricing strategy
Support risk and opportunity assessment, quantification, and analysis during the proposal process
Present and brief material pricing, cost issues and risks to senior and executive leadership
Prepare material price analysis to support business unit and GSC leaders in decision making as it pertains to specific pricing proposals
Support fact finding, audits, customer negotiations, and certifications while ensuring TINA compliance during all aspects of the proposal process
Support Pricing and Estimating team initiative
Basic Qualifications (A3):
(A03) 6+ Years of combined experience Pricing/Finance/Contracts/Business or 4+ years with a Masters Degree
(A04) 10+ Years of combined experience in Pricing/Finance/Contracts/Business or 8+ years with a Masters Degree
Ability to prioritize effectively and complete work timely in a deadline driven environment
Proactive, eager to learn and challenge him/herself
Excellent communication and coordination skills
A team player that possesses excellent problem solving and organizational skills
Ability to analyze and develop solutions to complex issues
Proficient in Microsoft Office suite of tools/applications
Preferred Qualifications:
Candidates with these desired skills will be given preferential consideration:
Aerospace/defense industry experience
Working understanding of TINA and FAR requirements
Working understanding of Global Supply Chain processes
Working knowledge of material pricing systems
Knowledge of the business acquisition process
Experience using SAP
Risk Analysis and S-curve technique experience
The health and safety of our employees and their families is a top priority. The company encourages employees to remain up-to-date on their COVID-19 vaccinations. U.S. Northrop Grumman employees may be required, in the future, to be vaccinated or have an approved disability/medical or religious accommodation, pursuant to future court decisions and/or government action on the currently stayed federal contractor vaccine mandate under Executive Order 14042 https://www.saferfederalworkforce.gov/contractors/.
Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action 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/AA and Pay Transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for most positions.
What's great about
Northrop Grumman
- Be part of a culture that thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work.
- Use your skills to build and deliver innovative tech solutions that protect the world and shape a better future.
- Enjoy benefits like work-life balance, education assistance and paid time off.
Did you know?
Northrop Grumman leads the industry team for NASA’s James Webb Space Telescope, the largest, most complex and powerful space telescope ever built. Launched in December 2021, the telescope incorporates innovative design, advanced technology, and groundbreaking engineering, and will fundamentally alter our understanding of the universe.