Principal /Sr Principal Pricing Analyst

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.