Principal Cost & Pricing Analyst

Principal Cost & Pricing Analyst

Location: Monroe, NC

Department: Finance

Reports To: Senior Director of Finance

Position Summary

The Principal Cost & Pricing Analyst serves as a strategic partner to Finance, Program Management, Engineering, Supply Chain, and Operations in developing and analyzing pricing strategies for complex U.S. Navy programs. This role is responsible for leading proposal pricing, cost estimating, government compliance, and profitability analysis for engineered-to-order pump manufacturing operations.

The successful candidate will possess deep expertise in FAR, DFARS, Cost Accounting Standards (CAS), Truthful Cost or Pricing Data (formerly TINA), and government contract pricing requirements. The position plays a critical role in securing profitable business while ensuring compliance with all government regulations and company policies.

KEY RESPONSABILITIES

Government Contract Pricing

• Lead development of certified cost or pricing data packages and support Truthful Cost or Pricing Data compliance.
• Support Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) audits and reviews.
• Develop, maintain, and support Forward Pricing Rate Proposals (FPRPs), including coordination with Finance, Operations, DCAA, and DCMA to establish compliant labor, overhead, G&A, and material burden rates used in government contract proposals.

Cost Analysis & Financial Modeling

• Develop and maintain detailed pricing, estimating, and financial models.
• Analyze manufacturing costs, labor standards, material pricing trends, overhead absorption, and production efficiency.
• Perform variance analysis comparing estimated versus actual program costs.
• Identify cost reduction initiatives and continuous improvement opportunities.

Cost Accounting

• Partner with Operations and Finance to maintain accurate labor routings, bills of material, and standard costs.
• Support annual standard cost updates and inventory valuation reviews.
• Provide financial guidance on make-versus-buy decisions and sourcing strategies.
• Assist in the development of strategic planning, annual operating plans, and forecast updates.
• Ensure that all journal entries related to allocations are posted as part of monthly close and are accurate and auditable.

Compliance & Governance

• Ensure estimating practices comply with applicable government regulations, company procedures, and internal controls.
• Support contractor business system compliance requirements.
• Maintain documentation supporting cost estimates and rate decisions.
• Assist with internal and external audits relating to pricing, estimating, and government contracts.
• Monitor regulatory changes affecting government contracting and proposal pricing activities.

KNOWLEDGE, SKILLS & ABILITIES

• Strong understanding of:

• Federal Acquisition Regulation (FAR)

• Defense Federal Acquisition Regulation Supplement (DFARS)

• Cost Accounting Standards (CAS)

• Truthful Cost or Pricing Data requirements

• Government proposal and contract compliance

• Advanced financial modeling and analytical skills.

• Strong understanding of manufacturing cost structures and standard costing methodologies.

• Proficiency in Microsoft Excel, including complex formulas, Power Query, and financial modeling.

• Excellent written and verbal communication skills.

• Ability to translate complex financial information into executive-level recommendations.

EDUCATION & EXPERIENCE

• Bachelors degree in Accounting or Finance.
• Masters degree or MBA preferred.
• Minimum 8-12 years of progressive experience in cost estimating, pricing, government contracts, or manufacturing finance.
• Experience supporting U.S. Government, DoD, Navy, defense, aerospace, industrial equipment, or engineered manufacturing environments.
• Demonstrated experience with complex forward pricing rate development and project costing.
• Experience supporting DCAA and DCMA audits preferred.

Other

• US Citizen