Cost Estimating Analyst 2

Company Overview

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. With more than 2,000 employees, Draper tackles national challenges in military defense, space exploration, biomedical engineering, and other critical areas. Multidisciplinary teams of engineers and scientists work in a collaborative environment that encourages cross‑fertilization of ideas for true innovation. For more information, visit www.draper.com.

Job Summary

The Cost Estimating Analyst 2 supports estimating and pricing activities, reporting to the Estimating and Pricing lead and assisting the proposal team. The role involves understanding customer solicitations, gathering and consolidating cost inputs, and supporting the management review process. The analyst works closely with Engineering, Procurement, Program Management, and Contracts teams.

Responsibilities

• Analyze, evaluate, coordinate, prepare, and support cost proposals for government and commercial customers.
• Coordinate collection and accumulation of cost input from cross‑functional departments.
• Consolidate and pressure‑test basis of estimates (BoEs) across labor, material, travel/other direct costs, and subcontracts for accuracy and completeness.
• Research and analyze historical data; develop cost models to support proposals and assess accuracy of functional estimates.
• Assess estimating techniques and historical actuals documentation.
• Evaluate Bill of Materials (BOMs), select appropriate pricing methods (e.g., purchase order history, vendor quotes), and ensure all quotes are recent.
• Consolidate cost estimates in pricing tool/ERP system.
• Generate cost volume, financial analyses, and ad‑hoc support as needed.
• Ensure adherence to Federal Acquisition Regulations (FAR), certified cost and pricing compliance (TINA), and internal policies and procedures throughout estimating, proposal preparation, review, compliance, submission, and revisions.

Skills and Abilities

• Ability to communicate and present cost‑estimating information to leadership.
• Experience bidding on various contract types (FFP, FPIF, CPFF, CPIF, T&M).
• Excellent communication and analytical skills.
• Detail‑oriented with the ability to ensure bids are completed on schedule.
• Proficient in handling multiple projects simultaneously.
• Self‑starter capable of working independently and in a team environment.

Education and Experience

• Bachelor’s degree in business, accounting, finance, or a related discipline (required).
• 3 – 5 years of experience in cost estimating or related fields.

Security Clearance

Applicants selected for this position will be required to obtain and maintain a Top Secret government security clearance.

Location

Cambridge, Massachusetts 02139‑3563

Salary

The US base salary range for this full‑time position is $75,000 – $156,000. The range reflects minimum and maximum target salaries across all US locations; individual pay is determined by work location, job‑related skills, experience, and relevant education or training. This figure represents base salary only and does not include bonuses or benefits.

Benefits

Draper supports work‑life balance through workplace flexibility, employee clubs (photography, yoga), health and finance workshops, off‑site social events, and discounts to local museums and cultural activities.