Principal Cost Analyst
MITRE · Bedford, MA · Yesterday
Finance$157k–$197k/yrFull-time
Roles & Responsibilities
- Lead teams of junior analysts to successfully meet project objectives
- Identify, scope, and execute structured analysis for government sponsors while managing timelines, deliverables and outcomes
- Key functions include developing models and performing qualitative and quantitative analyses to understand the cost/economic/financial impact of investments, risk mitigation strategies, options and other government actions
- Collecting and analyzing financial, cost, and economic data
- Developing independent or program life cycle cost estimates (LCCEs) and accompanying cost and schedule risk, uncertainty, and sensitivity analysis
- Developing cost estimates in support of source selection, including Independent Government Cost Estimates (IGCEs)
- Performing cost-related studies and analysis, e.g., on rate reasonableness
- Conducting investment economic and decision analyses, including business case analyses, cost/benefit analyses, analysis-of-alternatives, and portfolio analysis
- Developing strategic business and financial analyses, including but not limited to economic studies, cost recovery strategies, budget development & planning, and affordability analysis
- Affirming the credibility of government and industry cost estimates using benchmark guidance, such as the GAO 12 steps and the Cost Estimating Body of Knowledge (CEBoK)
- Affirming the credibility of government and industry cost savings initiatives data
- Conducting surveys and utilizing various sampling techniques
- Researching various fields including politics, national security, healthcare, education, energy, etc.
- Making use of historical data and analyzing market trends
- Assisting in identifying sources of information and gathering a wide range of quantitative and qualitative data to support decisions that have implications for MITRE and its government sponsors
- Applying analysis skills, including exploratory data analysis, time series analysis, and linear regression
- Drawing conclusions from analyses and clearly and concisely articulating key findings in both written and verbal form
- Aiding in the development of data visualization products that improve the presentation of complex data sets
- Translating unstructured data and nontraditional sources of information into business insights
- Performing data cleaning, visualization and analysis in standard statistical and graphics software languages such as R, Stata and Excel
Basic Qualifications
- A minimum of 10 years of related experience with a bachelor’s degree, including previous leadership experience in cost estimating, cost risk analysis, and/or budgeting and the CPIC process in defense, intelligence and/or civil agencies or 8 years and a master’s degree; or a PhD with 5 years’ experience; or equivalent combination of related education and work experience
- BA/BS or Master’s in Economics, Mathematics, Statistics, Finance, Business, Operations Research, Systems Engineering, Data Science, or related field
- Proficiency in development of risk-adjusted LCCEs and investment economic and decision analyses
- Proficient with MS Office Suite, and other tools for analysis
- Technical depth with demonstrated skills and experience in presenting analytical results both verbally and in writing
- Must be able to obtain Top Secret Clearance