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Senior Pricing Analyst
2 months ago
Senior Pricing Analyst
Position Location: Remote
TSC is actively recruiting a highly motivated and detail-oriented
Senior
Pricing Analyst
to join our team in a fast-paced, dynamic environment. Professionals with previous experience in defense industry Pricing and Financial Analytics are encouraged to apply. The ideal candidate will play a critical role in supporting our business development efforts by analyzing pricing strategies, conducting market research with Business Development and Price-to-Win teams, and developing pricing models to optimize profitability and competitiveness in the defense and aerospace industry. Upon the candidate's selection, the individual is expected to adhere to, comply with, and ensure that others comply with company policy, contractual obligations, and any operational workflows or procedures as directed by company leadership.
Key Responsibilities:
Works closely with Proposal and Program Teams to review RFPs/RFQs, develop labor categories and rates, and identify internal team members.
Conduct detailed analysis of customer requirements, market trends, and competitive landscapes to inform pricing strategies.
Collaborate with cross-functional teams, including sales, finance, product management, technical experts and contract management to develop and implement pricing strategies that align with business objectives and solicitation requirements.
Lead and/or participate in proposal kick-off and status meetings and identify cost volume activities with related internal team assignments.
Create supportable Basis of Estimates (BOEs) and Cost/Price Volumes for winning proposals.
Analyze historical pricing data and performance metrics to identify opportunities for pricing optimization and revenue enhancement.
Develop and maintain pricing models to support decision-making processes and ensure accuracy and consistency in pricing proposals.
Create pricing templates for varying types of work (Products, Services, etc.).
Develop pricing strategy & coordinate with Business Development to build a winning proposal that incorporates financial objectives and is fully compliant with Federal Acquisition Regulation (FAR) and Truthful Cost or Pricing Data (formerly TINA), Cost Accounting Standards (CAS) and company policies and procedures.
Ensure compliance with federal, state and other related pricing laws, regulations and guidelines to minimize legal and financial exposure. Ensure that proposals meet the definition of an adequate proposal per FAR guidelines.
Prepare and present pricing proposals to internal stakeholders and external customers, including cost analyses, pricing recommendations, cash flow analyses, and negotiation strategies.
Monitor and evaluate pricing trends, market dynamics, and regulatory changes to proactively identify risks and opportunities.
Support contract negotiations and pricing discussions with customers, vendors, and partners to achieve mutually beneficial agreements.
Interface with DCAA to provide supporting data and justification during audit.
Maintain documentation and records related to pricing policies, procedures, and agreements in compliance with company standards and regulatory requirements.
Reviews contract awards and modifications with the Program team.
Other duties as assigned.
Minimum Qualifications:
Bachelor's degree in Business, Finance/Accounting, or a related field.
At least 4+ years of experience in Defense Industry.
Experience in government contract financials and the Defense industry.
Understanding of DCAA/DCMA requirements and compliance regulations.
Excellent communication skills and the ability to effectively present financial data to various stakeholders.
Experience with multiple contract types (CP, FFP, T&M, etc.) with both Sole Source as well as Competitive proposals.
Initiative to meet critical deadlines without reminders.
Demonstrated ability for advanced use of MS Office Suite (Excel, PowerPoint, Word).
Ability to collaborate in a team environment for complex problem solving.
Must hold or be able to obtain an active Department of Defense (DoD) SECRET personnel security clearance.
Preferred Qualifications:
At least 7+ years of experience in Defense Industry.
Strong attention to detail with a demonstrated commitment to both precision and accuracy.
Experience with Deltek Costpoint and financial reporting tools.
Strong analytical skills with the ability to analyze complex data.
Demonstrated success with developing substantiated basis of estimates.
Experience with Progress-Based-Payments (PBPs) and Milestone Payment Schedules
Knowledge of and experience with Product Pricing
Ability to use Weighted Guidelines to support USG negotiations.
Strong proficiency in modeling.
Ability to effectively support multiple Proposals and Business Leads simultaneously.
U.S. Citizenship Required:
Yes
Must Actively Hold a DoD Security Clearance for this Position:
Must currently hold or be able to attain.
Travel:
Yes, travel 0-20% will be required.
Location:
Remote
Relocation Assistance Available:
No
Position Contingent upon Award of Contract:
No
TSC Benefits:
TSC offers a stable work environment, a competitive salary, and a comprehensive benefit package, including ESOP participation, 401k Plan, Flexible Work Schedules, Tuition Reimbursement, Co-Sponsored Health Plan, Paid Leave and much more.
Applying to TSC:
Only those candidates invited for an interview will be contacted. Employment at TSC is contingent upon the successful completion of a comprehensive background check, security investigation, and a drug screening.
TSC is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity Employer/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.
This contractor and subcontractor shall abide by the requirements of 41 CFR 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, national origin, or for inquiring about, discussing, or disclosing information about compensation. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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