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Cost Analyst, Junior - FAA

Cobec Consulting
United States, D.C., Washington
Nov 18, 2024

Position: Cost Analyst, Junior - FAA

Location: Remote - Remote/Cobec Site - Washington, D.C.

Salary Range: $60k- $90k

Security Requirements

Must be a US citizen or a legal resident for three of the past five years. Public Trust cannot be granted without meeting the residency requirement.

Must meet eligibility requirements for a US Public Trust security clearance (moderate risk), including a soft credit check and criminal background check. Please refer to the criteria listed in 5 CFR 731.202 to understand the Public Trust suitability requirements.

Culture

Cobec is consistently breaking the current mold for delivering services to our government clients. What does that mean? That means believing in a "people first" mentality, building high performance teams and empowering people to make informed decisions without going through a large bureaucratic system. Cobec values the well-being of employees and bestows tremendous trust in those people to negotiate work and non-work obligations. Cobec is where someone can bring their whole self to work and be themselves, never having to compromise their authenticity just to fit in. Lastly, we believe in the work we do, the goals and missions of our customers and the interpersonal relationships we have with clients, stakeholders and our people.

Values and Expectations

The successful candidate for this role embodies the same values as Cobec. We realize experience is important, however; Cobec believes a person's abilities and skills that align with our values (Relationships, Leadership, Passion, Accountability, Integrity, Innovation, Quality, Teamwork, Diversity, Commitment, & Respect) are the most important drivers for success in this role.

In addition to exhibiting our values, a successful candidate for this role is expected to be a high performer, organized, dynamic, and have a positive attitude.

Job Summary

This position will involve cost estimation/analysis, software estimation/analysis, cost-benefit analysis, operations research, and/or technical analysis for the Federal Aviation Administration (FAA).

Years of Relevant Experience

The position requires 2+ relevant years of experience in cost estimation/analysis, finance, engineering, cost estimation, cost-benefit analysis, operations research, and/or technical analysis. Specific experience with the Federal Aviation Administration (FAA) is desired.

Essential Job Functions



  • Individual will perform cost analyst duties, responsible for primarily for supporting the evaluation and quality assurance of cost estimates, including ad-hoc special studies, in support of investment decisions for information technology systems. Assisting with the development of cost estimates may be required at times.
  • Individual will review, assess and provide comment on cost estimates for program baselines, budget and life cycle cost estimates, feasibility studies and sensitivity analyses, acquisition/contract evaluation and contract solicitation support, and cost performance monitoring and analysis.
  • Individual will assist in developing analytical solutions, including the evaluation/review of program life cycle cost estimates (LCCEs), development of LCCEs, and the development of economic analysis such as Net Present Value (NPV), Return on Investment (ROI), and Internal Rate of Return (IRR), and other business case documentation for a wide range of investment analysis tasks.
  • Work will primarily include cost model, schedule and acquisition documentation review, but will also include include data collection, data normalization, life cycle cost analysis, cost model development, cost risk analysis, earned value analysis, cost-benefit analysis, and other technical analyses as needed.
  • Individuals will be required to contribute effectively to working groups through oral and written communication and cooperative working relationships.



Education Requirements

Bachelor's degree required, preferably in Engineering, Math, Operations Research, or Finance.

Master's degree a plus.

Skills Required



  • High level of proficiency with MS Excel, MS PowerPoint, MS Project and other MS Office Products.
  • Strong analytical background and excellent communication and interpersonal skills.


Skills Desired



  • Proficiency in use of cost estimating and risk tools such as Crystal Ball, ACEIT, SEER-SEM, and/or @RISK.
  • Certified Cost Estimator/Analyst (CCE/A) or Professional Cost Estimator/Analyst (PCEA) designation from the International Cost Estimating and Analysis Association (ICCEA)


Security Requirements

Must be a US citizen or a legal resident for three of the past five years

Must meet eligibility requirements for a US Public Trust security clearance

Travel

Occasional travel required as needed by client/s and/or company



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