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Procurement Cost Analyst 4

Supplier Analyst within Procurement Financial Analysis organization. Perform fact finding and analyses of subcontractor proposals to assess a fair and reasonable price for procurement of goods and services. Conduct financial, operational and proposal audits of subcontractor information. In concert with the requisite Procurement Organization or group, negotiate subcontracts. Develop and estimate cost for parts, systems and assemblies for the bill of material to support internal and external pricing activities. Coordinate with Supplier Management, Integrated Product Teams (IPTs) and other functional organizations. Conduct Integrated Baseline Reviews at subcontractors. Coordinate with functional organizations to determine responsibilities, strategies, schedules and timelines. Identify and utilize the appropriate tools, methods and approaches in the development of price and cost analyses. Review supplier proposals to determine acceptability and/or completeness. Obtain historical data to support price comparisons, conduct fact-finding and collect and verify supplier costs or pricing data. Ensure that subcontractor proposals and documentation complies with the applicable provisions of the Federal Acquisition Regulations (FAR). Evaluate, analyze and test the reasonableness of evaluations of separate cost elements in supplier proposals. Provide recommendations for an acceptable cost and price or alternative solutions. Prepare and present cost analysis report and other documentation. Use existing parametric or pricing models using regression analysis to support supplier contracting activities. Generate predicted prices, compare supplier pricing to market pricing and conduct outlier investigation. Prepare and present price analysis reports for use in negotiations. Lead, participate and train others in the negotiation process. Provide information to obtain approval for negotiation objective. Formulate strategies for negotiations to achieve an acceptable settlement. Ensure compliance with company and legal policies, procedures and regulations. Lead, train and perform audits for supplier subcontract termination, supplier banked material, supplier close outs, rates and factors. Coordinate government assist audits and conduct accounting and billing system audits to support procurement objectives. Assist in the process of audit waivers and coordination with cross-functional organizations. Perform associated risk analysis and convey related findings. Lead teams and train personnel in the coordination and interface with subcontractors, Supplier Management and other functional organizations to analyze the material/labor costs and schedule data for team, contracts and projects. Perform work with minimal direction and exercise considerable latitude in determining objectives and approaches to assignment. Serve as subject matter expert to management and special external spokesperson for the organization on major matters pertaining to its policies, plans, and objectives.

Competencies



General


Adaptability
Fully understands changes in own and fellow senior employees' work and situations; is frequently called upon to explain the logic or basis for change to other employees; is generally seen as an expert on information about changes affecting own and fellow senior employees' jobs; occasionally mentors fellow employees around the change. Treats changes and new situations as opportunities for learning or growth; focuses on the beneficial aspects of change; speaks positively about the change to fellow senior employees and external customers. Quickly modifies behavior to deal effectively with changes in the work environment; readily tries new approaches appropriate for new or changed situations; does not persist with ineffective behaviors.

Business (Financial) Acumen
Accurately performs substantial quantitative financial calculations and/or understands and explains the complex implications of financial graphs, charts, tables, etc. to other project leads, internal employees, and external customers. Viewed as an expert in integrating complex financial data effectively; allowing for the identification of key issues, decision-making criteria, and the determination of strategies and plans. Uses appropriate financial strategies and systems to maximize cash flow and limit risk to the organization.

Decision Making
Consistently recognizes a wide range of complex, specialized issues, problems, or opportunities in own work group, across the organization and with external customers; determines whether action is needed. Steadily identifies the need for and collects information to better understand issues, problems, and opportunities. Regularly integrates complex information from a wide variety of sources; detects complex trends, associations, and cause-effect relationships. Consistently creates relevant options for addressing problems/opportunities and achieving desired outcomes. Formulates clear decision criteria; evaluates options by considering implications and consequences; chooses an effective option. Consistently implements decisions or initiates action within a reasonable time. Regularly includes fellow project leads, employees across the organization, and external customers in the decision-making process as warranted to obtain good information, make the most appropriate decisions, and ensure buy-in and understanding of the resulting decisions.

Negotiation
Explores all parties' needs, concerns, and initial positions as they relate to large/complex negotiations. Builds common ground by highlighting areas of agreement and working through areas of disagreement. Manages the interpersonal process to stay focused on the task; constructively addresses emotions and conflict. Engages in mutual problem solving by brainstorming alternative positions or approaches and evaluating them openly and fairly. Builds value of preferred alternatives by relating them to the needs of others; responds to objections by emphasizing value. Seeks a win-win solution through a give-and-take process. Technical


Acctg Systems & Process
Extensive and specialized knowledge of existing and new internal controls and processes to ensure system integrity and compliance with accounting system requirements and company internal control guidelines and requirements. Extensive and specialized ability to identifies and resolves accounting system issues. Extensive and specialized ability to supports internal/external auditors and provide expert assistance regarding implementation and problem resolution. Extensive and specialized ability to lead and guide the development and deployment of new accounting systems and tools. Extensive and specialized ability to act as a subject matter expert and training resource for accounting systems and processes.

Analytical Skills
Skill and ability to: collect, organize, synthesize, and analyze data; summarize findings; develop conclusions and recommendations from appropriate data sources with clients, customers and/or suppliers.

General Financial Knowledge
Extensive and specialized knowledge of financial concepts, such as, time value of money, present value, future value, internal rate of return, annuity, and amortization table development.

Typical Education/Experience



Bachelor's degree and related work experience, a Master's degree and related work experience or an equivalent combination of education and experience.


Other Job related information





*** Please note that depending on the specific position, you may be required to pass additional medical tests, credit checks, and/or other requirements. These additional items are required for the Company to comply with various laws and regulatory rules.***

Every job requisition has specific and unique requirements listed under 'Description', 'Competencies', and 'Education'. Applicants will increase their opportunities for consideration by demonstrating compatibility with these requirements in their resumes.

The job specifications - including competencies (knowledge, skills, abilities, and other characteristics), job-relevant work experience, education, and other requirements described in this requisition - will be the basis for applicant screening, including resume reviews, structured interviews and any other assessments used to support the hiring decision. All candidates considered for this position may be required to participate in a structured interview. The structured interview is a standardized method of evaluating candidates' job-related competencies to support an objective selection and promotion process.