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Boeing · 12 hours ago

Senior Cost Estimating Specialist - Millennium Space Systems

El Segundo, CA

Full-time

Onsite

Senior Level

$144K/yr - $211K/yr

5+ years exp

Boeing is a leading aerospace company committed to innovation and collaboration. They are seeking a Senior Cost Estimating Specialist to lead major cost estimating efforts for Millennium Space Systems, ensuring accuracy and collaboration with cross-functional teams to support business growth.

AerospaceIndustrial

No H1B

Security Clearance Required

U.S. Citizen Only

Responsibilities

Lead the cost estimating effort in preparing detailed and accurate cost estimates for government (Department of Defense, NASA, and other federal agencies) projects

Analyze Requests for Proposals (RFPs), Statement of Works (SOWs), Technical Requirements Documents (TRDs), and other proposal documentation to develop cost estimates that align with customer requirements

Generate submission ready cost proposal articles, including cost volumes, rate justifications, bill of materials, basis of estimates, supplier consent packages, etc

Work closely with program management, engineering, finance, and contracts to ensure alignment between the engineering solutions and cost estimates

Ensure compliance with Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS), Truth in Negotiations Act (TINA), and other government regulations, as necessary

Assists with program baselining and execution efforts

Track and analyze cost estimate verses actual costs to recommend mitigation strategies to resolve the deltas and identify opportunities to inform future proposal efforts

Conduct risk analysis, what-ifs, and cost realism assessments to ensure pricing accuracy and executability

Generate detailed cash flow projections

Present cost estimates and pricing strategies to executive leadership and participate in customer negotiations and other cost discussions

Continually assess and improve the estimating processes and tools used by the team to maintain efficiency and accuracy

Support audit reviews by government agencies, including DCMA and DCAA, ensuring transparency and adherence to cost estimating policies and procedures

Qualification

Cost estimatingGovernment contractingFAR complianceMicrosoft ExcelRisk analysisAnalytical skillsProposal documentation reviewCost volume preparationCommunication skillsTeam collaboration

Required

Bachelor's degree or higher in an Engineering or Business domain

5+ years of experience leading major cost estimating efforts for a Government customer

Strong communications and analytical skills necessary to articulate pricing strategy to senior business and finance leaders

Experience reviewing proposal request for proposal documentation including, but not limited to, Technical Requirements Documents, Statement of Works, solicitation instructions, CDRL and GFX lists, etc

Experience generating work breakdown structures, cost estimates and associated cost volumes

Experience working with technical and other functional teams to develop accurate and reliable cost estimates

Experience preparing and analyzing detailed cost summaries, learnings curves, cash flows, liability profiles and other price summaries required for corporate approval packages

Familiarity with FAR, DFARS, CAS, and TINA

Advanced proficiency with Microsoft Office, specifically Microsoft Excel

Must be able to obtain and maintain a TS/SCI security clearance