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Pricing Analyst

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Northrop Grumman

2mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Business, Operations & Strategy

AI generated summary

  • You need a relevant degree, experience with UK Government contracts, strong analytical skills, bid proposal experience, knowledge of EVM, commercial proficiency, and the ability to obtain SC clearance.
  • You will estimate costs, ensure proposal compliance, analyze historical data, support pricing best practices, prepare procedural updates, assess risks, and participate in contract negotiations.

Requirements

  • Degree educated or equivalent qualification or level of experience in a business field (finance/ business administration / legal etc)
  • Experience with UK Government contracts
  • Excellent analytical skills. with a keen attention to detail and ability to translate into action insight for business leaders
  • Experience of large Bid and Proposal efforts
  • Working understanding of Scheduling, EVM and relevant tools
  • Commercial proficiency, with an appreciation of different contract models and the relative strengths and weaknesses of each
  • You must be able to gain and maintain the relevant UK Government security clearance in line with the job role (SC).

Responsibilities

  • Ensure that proposals submitted meet NGUK requirements, including profitability and appropriate cash profiling.
  • Estimating labour, material, and travel costs as appropriate based on Customers’ request for proposal (RFP)
  • Scrutinizing Basis of Estimates for compliance to requirements of the RFP
  • Calculating production costs using labour and material pricing schedules
  • Analysing historical financial performance when available for current opportunities
  • Assisting the Pricing & Estimating Lead in establishing best practice for Pricing proposals in regard to templates that can be adapted for use across the business, with a consistent output of bid information to be presented to approvers within C101 process.
  • Preparing updates to Pricing & Estimating procedures
  • Supporting risk and opportunity assessment, quantification, and analysis during the proposal process.
  • Participating as a member of the contract negotiating team in concert with the relevant OU Business Manager.
  • Understanding the requirements for Supplier price cost analysis

FAQs

Do we support remote work?

Yes, we do support remote work but in a hybrid format.

What is the salary range for this position?

The salary range for this position is £45,700 - £75,400.

What qualifications are required for the Pricing Analyst role?

A degree or equivalent qualification/experience in a business field such as finance, business administration, or legal is required.

Is experience with UK Government contracts necessary?

Yes, experience with UK Government contracts is required for this position.

What type of security clearance is needed for this role?

Candidates must be able to gain and maintain the relevant UK Government security clearance (SC) for this position.

Will there be any travel involved in this job?

Yes, travel is required for 10% of the time.

What benefits does Northrop Grumman offer its employees?

Northrop Grumman offers flexible working options, private health care, career development opportunities, and performance bonuses among other benefits.

What responsibilities does the Pricing Analyst have?

The Pricing Analyst is responsible for ensuring proposals meet requirements, estimating costs, analysing financial performance, supporting risk assessment, and participating in contract negotiations.

Is there an opportunity for career development within this role?

Yes, there are various career development opportunities available for employees, including mentorship and diverse roles.

How many positions are available for the Pricing Analyst role?

There is 1 position available for the Pricing Analyst role.

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Northrop Grumman

Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace.

Defence & Aerospace
Industry
10,001+
Employees

Mission & Purpose

We are a close-knit community of big thinkers collaborating to keep the world safe. Our passion, creativity and expertise bring next-level technology solutions to life in autonomous systems, cyber, C4ISR, strike, space, and logistics and modernization for our customers around the globe. On the Northrop Grumman team, you’ll join our pursuit of excellence immersed in a dynamic culture of innovation and respect. Your unique perspective will help achieve our shared vision for the future of global security. Every step of the way, you'll be supported by world-class training, employee resource groups and a comprehensive benefits package that enables greater health and happiness for you and your family. Worldwide and across disciplines, we’re challenging what’s possible for technology to protect people and places from undersea to outer space and into cyberspace. And we see the impact of our performance every day. We are Northrop Grumman, and we work on what matters—now, you too can make a difference. Explore opportunities in engineering, IT, manufacturing, business management, cybersecurity and more at careers.northropgrumman.com. Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO/AA statement, please visit www.northropgrumman.com/EEO. U. S. citizenship is required for most positions. Our careers site can be found at northropgrumman.com/careers/. If you are contacted by someone about a job at Northrop Grumman, please verify the opportunity on our Careers site before engaging with that contact. We only schedule interviews with qualified candidates who have applied to a job posting through our Careers site.