Cost Estimator Specialist

3 weeks ago

Arlington, Virginia, United States Logistics Management Institute Full time
Job Title: Cost Estimator SME

LMI is seeking a highly skilled Cost Estimator SME to join our team in a partially remote position. As a Cost Estimator SME, you will play a critical role in developing and maintaining cost documents in accordance with DoD Acquisition Management policies and procedures.

Responsibilities:
  • Develop and maintain cost documents, including Cost Analysis Requirements Documents (CARD), Economic Analysis Development Plans (EADP), and Economic Analyses (EA).
  • Perform scenario and affordability analysis, including sensitivity analysis using historical performance measures, parametric cost models, and heuristic metrics.
  • Work closely with program and acquisition managers in the development of acquisition strategies, analyses, plans, and documents.
  • Provide cost analysis services in support of program business management services, including internal cost and budgeting analyses and independent government cost estimates for contracting actions.
  • Provide financial and operational execution analysis, research, recommendation, and costed options for impacts and financial changes that result from operational planning changes.
  • Conduct analyses of alternatives (AOA) and business case analyses (BCA).
  • Develop and maintain full LCCE (Life Cycle Cost Estimate) cost modeling and reporting.
  • Perform cost benefit analysis and business case analysis for DoD ACAT 1 ERP programs with 36K-150K end users for software, hardware, and labor support services.
  • Develop and apply cost models as necessary to address resource analysis issues and illustrate cost/schedule tradeoffs.
  • Provide monthly execution analysis, research, responses to customer inquiries, and be involved in the collection and presentation of data for various briefings and working groups.
Qualifications:
  • Masters' degree with 13+ years of relevant work experience or Bachelor's degree with 15+ years of relevant work experience.
  • Knowledge and proficiency with DoD 5000 acquisition framework.
  • Deep understanding of and demonstrated performance using cost estimating models, basic modeling and simulation principles, and basic operations research methods.
  • Experience performing economic cost analyses, including calculating Return on Investment (ROI), business case analysis (BCA), analysis of alternatives (AoA), and cost benefit analysis (CBA).
  • Experience with developing Cost Analysis Requirements Documents (CARD).
  • Specialized knowledge of financial systems' management theories, practices, methods, and techniques.
  • Expertise in organizing, presenting, and discussing complex program issues, findings, and making detailed recommendations.
  • U.S. citizen with DoD SECRET clearance required.

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