Senior Pricing Analyst - Material Cost Estimator

About the role

The Leonardo DRS Land Systems business is a recognized leader in the design and integration of complex technologies into new and legacy systems and platforms for global military and commercial customers. We are a 5-year running Top Workplace in the Greater St. Louis area.

Job Responsibilities

• Cost Estimating: Conduct material cost estimating, analyze price reasonableness, and prepare internal supporting documentation.
• Supply Chain Collaboration: Work with purchasing and engineering functions to optimize material cost estimating, determine supplier quoting strategy and ensure comprehensive cost estimates.
• Proposal Development: Generate material basis of estimate for proposal submittals, providing accurate and well-supported packages.
• Contract Negotiation and Award Reporting: Support contract negotiations with updated cost estimates and the disclosure cost or pricing data as required.
• After award, provide artifacts to program execution team detailing awarded material basis of estimate by part number.
• Develop, organize, and maintain cost traceability linking supplier quotes, historical data, and pricing rationale to proposal submissions for audit readiness and internal transparency.
• Measure target costs against proposal costs and work with Supply Chain Management on methods to meet targets.
• Work with other functional areas and be able to support and present material estimates to executive level management.
• Support, communicate and defend the mission, values and culture of the company.
• Maintain professional relationships with internal customers.
• Assist department staff with various analyses for the specific area of expertise.
• Provide routine status and track outstanding actions and issues.
• Look for creative ways to improve purchasing ability to make contributions to the company’s goals.
• Review requests for proposals to identify and assist the proposal team in developing responses.
• Analyze estimates against previous cost experience and recommend adjustments.
• Provide guidance to the team and senior management in the execution of new business cost proposals including providing counsel on RFP, FAR, CAS and disclosure compliance issues.
• Establish and coordinate schedules, monitor and escalate problems, develop cost/price models.
• Aid in pricing cost narrative, price strategy, risk assessment, business case analysis, and preparation/presentation of management briefings.

Qualifications

• Bachelor's degree in Finance, Supply Chain, Data Science, Business or related field.
• A minimum of 5 years of relevant experience.
• Experience in DoD procurement, material planning, or estimating within an aerospace/defense production environment.
• Proficiency with ERP systems, strong data analysis, and familiarity with material estimating/proposal processes.
• Demonstrated knowledge of supply chain management tools and procedures able to manage multiple tasks, set priorities and make decisions.
• Understanding of DoD estimating requirements.
• Strong communication skills to interact with stakeholders and cross-functional teams.
• Continuous improvement mindset focused on cost reduction.

Benefits

• Comprehensive health insurance (medical, dental, vision)
• Employer matching 401(k) retirement plan
• Paid time off including vacation, holidays, and sick leave (including state-mandated paid sick leave)
• Paid parental leave
• Tuition reimbursement
• Professional development support
• Life and disability insurance coverage
• Annual performance-based bonuses
• Equity awards
• Overtime pay (for non-exempt employees as applicable)

Pay

The salary range for this position is $79,919.00/year - $103,895.00 for the state of Illinois. This range reflects the good faith estimate of pay the employer is willing to offer at the time of posting. Several factors can influence the pay scale, including but not limited to: Federal contract labor categories and contract wage rates, collective bargaining agreements, geographic location, business considerations, scope, and responsibilities of the position, local or other applicable market conditions, and internal equity.