BMD Cost Analyst

Responsibilities

• Evaluate the financial implications of programs, projects, and acquisitions by analyzing costs throughout their life cycle—development, production, operation, and disposal—to provide decision-makers with data-driven insights on affordability and resource allocation.
• Conduct cost-benefit analyses to inform critical decisions regarding new weapons systems, force structures, and operational strategies within the Army.
• Support Foreign Military Sales (FMS) cases by developing cost estimates, performing cost analysis, analyzing alternatives, and providing cost information to decision-makers during the acquisition process.
• Develop and update complex cost models to accurately forecast future expenses.
• Collaborate with program managers, engineers, logisticians, and other personnel to gather data and understand project requirements.
• Create Independent Government Estimates (IGE) for various programs, used during all phases of a program, including Life Cycle Cost and Total Operating Cost of a Services Acquisition project, as well as limited estimates for contract subsets or option periods.
• Ensure IGEs serve as:
  • An aid in achieving best value and shared contract risk.
  • A benchmark for establishing cost/price analysis based on market research.
  • An analysis of reasonable and required resources to perform the contract.
  • The projected, anticipated, or probable cost/price of a proposed acquisition.

Requirements

• Bachelor’s degree with 20 years of relevant experience or a master’s degree with 18 years of relevant experience.

Skills

• Expertise in cost estimating techniques and methods, including parametric analysis, analogous estimating, and detailed cost breakdowns.
• Proficiency in using data analysis tools to collect, analyze, and interpret financial data.
• Strong communication skills.
• Experience creating Independent Government Estimates (IGE).