Journeyman Cost Estimator

Location/Area:

Joint Base Andrews, Maryland
Description:

The 2021 National Defense Authorization Act (NDAA) legislation resulted in a requirement for independent cost estimates on legacy programs every five years as part of Sustainment Reviews. The Air Force Cost Analysis Agency periodically performs independent cost estimates and non-advocate cost assessments (NACAs) of Operations and Support costs for acquisition decisions. NACAs are similar to independent cost estimates in scope, function, and expectations. Cost estimating professionals require specific knowledge and experience for reasonable and complete technical and cost analysis. The knowledge, skills, and abilities of this position are crucial for the overall success of the task order for each level of experience. Required deliverables include assigned independent cost estimates, complete with documentation and briefings prior to and for the Cost Review Board, and post-product support and drills as required. Documentation must be delivered to the government in form of a documented Excel cost model, PowerPoint briefing summarizing estimate using the AFCAA/FMCY division template, and word documentation as necessary to document and complete the task. The Journeyman Cost Estimator shall support necessary product reviews prior to the Cost Review Board on schedule determined by the government and share all draft models and documentation upon government request.

Responsibilities:

· Must be able to demonstrate progressive cost analysis experience in cost analysis principles and concepts

· Major weapon systems procurement and operations and support cost estimating

· Statistical analysis, cost risk & uncertainty modeling

· Budget formulation, affordability analysis and cost benefit analysis

· Define problems, identify avenues of approach, and identify applicable resources and methods

· Remain up to date on trends within the industry, regulatory changes, and advancements that may influence cost estimates

Qualifications/Requirements:

· Bachelor's degree required in (finance, accounting, business or related field

· Current Secret clearance required

· Technical knowledge of aircraft sustainment both past and current platforms. This knowledge will consist of an understanding of the multiple options for system product support and the cost elements affected by different product support strategies. Working knowledge of logistics associated with aircraft systems.

· Advanced Microsoft Excel techniques

· Must have at least 2 years concentrated experience doing cost estimating for AF or DOD programs

· Understand drivers and patterns in O&S cost estimates

· Must have completed at least one O&S cost estimate with oversight

· Knowledge of the correct application of inflation and price escalation

· Most have demonstrated experience using the AFTOC database and be able to pull and understand how to use the data without Air Force Cost Analysis Agency (AFCAA) staff assistance

This position is announced as a potential (contingency) hire

Job Type: Full-time

Pay: $108,000.00 - $122,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Professional development assistance
• Retirement plan

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person

Salary : $108,000 - $122,000