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Cost Estimating – Principal Specialist

Cost Estimating – Principal Specialist

CompanyRTX
LocationEast Windsor, CT, USA
Salary$82000 – $164000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Typically requires a University Degree and minimum 5 years prior relevant experience or an Advanced Degree in a related field and minimum 3 years of experience

Responsibilities

  • Handling multiple projects simultaneously
  • Analyze supplier quotations and purchase orders to determine reasonableness prior to data entry
  • Data entry into Cost Estimating tool
  • Reviewing SAP BoM (bill of material) structures and material master data to estimate material costs
  • Performing variance analysis to previous bids
  • Understanding manufacturing cost flows and application of material rates and factors
  • Reviewing estimates with proposal teams to provide business insight in support of gate reviews
  • Identifying and quantifying proposal risks and opportunities
  • Supporting customer fact finding and government assist audits with support
  • Ensuring compliance with internal procedures and FAR/DFARS requirements
  • Prepare proposal pricing review package for management

Preferred Qualifications

  • Bachelors’ degree in Finance, Business Management, or related/applicable field
  • Intermediate knowledge of MS Excel and SAP to include Project Systems, Material Master Data, and Procurement modules
  • Experience in an Operations/Manufacturing related field
  • Familiarity with BidMaster.Web (BMW)
  • Excellent communication and analytical skills
  • Strong time management skills, to ensure bids are completed on schedule
  • Capable of working both independently and in a team environment