Odyssey Systems · 9 hours ago
Senior Cost Estimating Analyst (FMS)
Odyssey Systems is recruiting for a Senior Cost Estimating Analyst to support the Attack Systems Division, Foreign Military Sales (FMS), at Wright Patterson AFB, OH. This role involves utilizing advanced cost estimating techniques and ensuring data accuracy to support program management and budget activities.
ConsultingProject ManagementTechnical Support
Responsibilities
Possess the advanced knowledge, experience, and recognized ability to be considered a highly skilled Cost Estimating Analyst. Must work independently and be able to apply procedures
Utilize cost estimating/analysis techniques, including linear regression, confidence intervals, learning curves, and various estimating methods (analogy, grassroots, actual cost, parametric) to develop cost estimates for all phases of Sensors acquisition programs
Define Work Breakdown Structures (WBS) and Cost Estimating Structures (CES)
Perform cost estimating/analysis, including Program Office Estimates (POE), Independent Government Cost Estimates (IGCE), special studies, and milestone reviews
Support the development of life cycle cost estimates, "what-if" estimates, Cost as an Independent Variable (CAIV) analyses, should/will cost reviews, Reduction in Total Ownership Costs (RTOC) analyses, and other economic analyses
Apply knowledge of Acquisition and Financial Management policies, procedures, regulations, and directives, including: + Federal Acquisition Regulation (FAR)/Defense FAR Supplement (DFARS) + DoD Financial Management Regulation (FMR) DoD 7000.14-R + Relevant DAFI and DAFMAN guidance on economic analysis, inflation, cost and planning factors, and cost analysis procedures + AFLCMC Standard Cost Process + MILSTD 881D
Utilize automated management information systems and cost-estimating tools, including: + Automated Cost Estimating Integrated Tools + Parametric Review of Information for Costing and Evaluation "True Planning" parametric modeling + Constructive Cost Model + Oracle Crystal Ball
Ensure data accuracy and maintain the integrity of financial databases
Support program offices in: + Program Planning and Budget activities, including developing cost estimates and conducting "should cost"/"will cost" analyses. + Analyzing Price and Availability (P&A) data and cost proposals to ensure reasonableness. + Identifying and developing program requirements, cost, schedule, technical, and program risks
Prepare program documentation, including program management plans, program baselines, WBSs, and program risk assessments
Adhere to the AFLCMC Standard Process for the Annual Program Office Cost Estimate
Qualification
Required
Must be a US citizen
Secret clearance
Master's or Doctorate Degree in a related field and ten years of experience being performed, five years of which must be in the DoD
OR bachelor's degree in a related field and 12 years of experience being performed, five of which must be in the DoD
OR, 15 years of directly related experience with proper certifications as described in the PWS labor category performance requirements, eight of which must be in the DoD
Possess the advanced knowledge, experience, and recognized ability to be considered a highly skilled Cost Estimating Analyst
Must work independently and be able to apply procedures
Utilize cost estimating/analysis techniques, including linear regression, confidence intervals, learning curves, and various estimating methods (analogy, grassroots, actual cost, parametric) to develop cost estimates for all phases of Sensors acquisition programs
Define Work Breakdown Structures (WBS) and Cost Estimating Structures (CES)
Perform cost estimating/analysis, including Program Office Estimates (POE), Independent Government Cost Estimates (IGCE), special studies, and milestone reviews
Support the development of life cycle cost estimates, 'what-if' estimates, Cost as an Independent Variable (CAIV) analyses, should/will cost reviews, Reduction in Total Ownership Costs (RTOC) analyses, and other economic analyses
Apply knowledge of Acquisition and Financial Management policies, procedures, regulations, and directives, including: Federal Acquisition Regulation (FAR)/Defense FAR Supplement (DFARS), DoD Financial Management Regulation (FMR) DoD 7000.14-R, Relevant DAFI and DAFMAN guidance on economic analysis, inflation, cost and planning factors, and cost analysis procedures, AFLCMC Standard Cost Process, MILSTD 881D
Utilize automated management information systems and cost-estimating tools, including: Automated Cost Estimating Integrated Tools, Parametric Review of Information for Costing and Evaluation 'True Planning' parametric modeling, Constructive Cost Model, Oracle Crystal Ball
Ensure data accuracy and maintain the integrity of financial databases
Support program offices in: Program Planning and Budget activities, including developing cost estimates and conducting 'should cost'/'will cost' analyses, Analyzing Price and Availability (P&A) data and cost proposals to ensure reasonableness, Identifying and developing program requirements, cost, schedule, technical, and program risks
Prepare program documentation, including program management plans, program baselines, WBSs, and program risk assessments
Adhere to the AFLCMC Standard Process for the Annual Program Office Cost Estimate
Company
Odyssey Systems
Odyssey Systems is a consultancy that offers acquisition, project management, medical research, technical support and training.
Funding
Current Stage
Late StageRecent News
Washington Technology
2025-10-28
Washington Technology
2025-09-16
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