Cost Analyst
Job description
IS4S is seeking a cost analyst to evaluate program financial and operational data to track, manage, and reduce expenses associated with running DoW programs. Core Responsibilities Cost Estimation: Calculate the time, labor, materials, and overhead required for Government-contracted defense programs. Program Planning: Establish program baselines based on cost estimation and document program baseline in tools like Deltek Cobra.
Support budget and baseline development and tracking for Government-contracted defense programs by calculating FTE staffing requirements, labor rates, and material costs. Expense Tracking: Monitor actual spending against budgeted or standard costs to spot financial variances. Performed earned value management (EVM) calculations to assess cost and schedule performance for Government contracted defense programs.
Earned Value: Analyzed earned value data to evaluate budget performance and support program financial planning. Product Disassembly & Pricing: Break down finished items to measure component costs. Variance Analysis: Investigate differences between planned costs and actual expenses in areas like materials and labor. Cost-Saving Strategies: Recommend operational changes, vendor negotiations, or process improvements to eliminate waste and boost profit margins.
Reporting: Prepare financial statements, cost reports, and data models for company management and customers. Desired Abilities: Motivated self-starter Familiar with defense contracts Familiar with ANSI/EIA-748-compliant Earned Value Management System (EVMS) Benefits Summary: Competitive salary with comprehensive health and wellness benefits Dynamic and collaborative work environment Employee ownership Medical, dental, and vision care plans Paid time-off and parental leave programs Group term life insurance 401(k) retirement plan Tuition Assistance, Training, and education development offerings
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