Cost Estimating Manager – Millennium Space Systems

About this role

Cost Estimating Manager – Millennium Space Systems

Company: Millennium Space Systems

Millennium Space Systems, a part of Boeing Defense, Space and Security (BDS), is a fast, agile small satellite company focused on national security space. Our missions have direct impact to global security, like missile warning and Earth observation.

Our team is curious, bold and innovative. We take risks, innovate and explore new techniques and technologies. We influence change because we challenge the status quo. And when we watch our satellites launch, we know each one of us made it happen.

Job Summary: We are seeking a Cost Estimating Manager who will be responsible for leading the cost estimating team for Millennium Space Systems. As the Estimating team leader, you will be accountable for the development of cost estimates and all associated cost articles (basis of estimates, bill of materials, work breakdown structures, cost volumes, etc.), ensure accuracy and reasonableness, and collaborate with cross-functional teams to support business growth. This is an onsite role at our office in El Segundo, California.

This position's internal job is Applied Mathematician. Our team is currently hiring for a level K.

Position Responsibilities: • Lead and manage the cost estimating team in preparing detailed and accurate cost estimates for government (Department of Defense, NASA, and other federal agencies) projects • Analyze Requests for Proposals (RFPs), Statement of Works (SOWs), Technical Requirements Documents (TRDs), and other proposal documentation to develop cost estimates that align with customer requirements • Generate submission ready cost proposal articles, including cost volumes, rate justifications, bill of materials, basis of estimates, supplier consent packages, etc. • Work closely with program management, engineering, finance, and contracts to ensure alignment between the engineering solutions and cost estimates • Ensure compliance with Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS), Truth in Negotiations Act (TINA), and other government regulations, as necessary • Assists with program baselining and execution efforts • Track and analyze cost estimate verses actual costs to recommend mitigation strategies to resolve the deltas and identify opportunities to inform future proposal effort • Conduct risk analysis, what-ifs, and cost realism assessments to ensure pricing accuracy and executability • Develop algorithms or mathematical tools to streamline the overall estimating process; conducts mathematical research and monitors trends • Generate detailed cash flow projections • Present cost estimates and pricing strategies to executive leadership and participate in customer negotiations and other cost discussions • Continually assess and improve the estimating processes and tools used by the team to maintain efficiency and accuracy • Support audit reviews by government agencies, including DCMA and DCAA, ensuring transparency and adherence to cost estimating policies and procedures

Boeing First-Line Leader Assessment:  To be considered for this position you will be required to complete an assessment as part of the selection process.  Failure to complete the assessment will remove you from consideration.

Basic Qualifications (Required Skills/Experience): • Bachelor’s degree • 8+ years of experience in leading major cost estimating efforts for a government customer • Knowledge of FAR, DFARS, CAS, and TINA • Experience with ProPricer or other relevant pricing software • This position requires the ability to obtain a US Security Clearance for which the US Government requires US Citizenship. A final U.S. clearance Post Start is required

Preferred Qualifications (Desired Skills/Experience): • Master’s degree in engineering or business domain • Experience leading and developing high performing teams • Experience with DoD and/or Intelligence Community proposals • Advanced proficiency with Microsoft Office, specifically Microsoft Excel • Strong communications and analytical skills necessary to articulate pricing strategy to senior business and finance leaders • Experience generating basis of estimates and bill of materials prior to engineering and functional inputs • Experience preparing and analyzing detailed cost summaries, learnings curves, cash flows, liability profiles and other price summaries required for corporate approval packages • Experience generating work breakdown structures, cost estimates and associated cost volumes • Experience working with technical and other functional teams to develop accurate and reliable cost estimates • Experience reviewing proposal request for proposal documentation including, but not limited to, Technical Requirements Documents, Statement of Works, solicitation instructions, CDRL and GFX lists, etc. • Experience reviewing and generating proposal Integrated Master Schedules, DCMA 14 point checks, and/or Schedule Risk Assessments • Experience with risk analysis, specifically the cost and schedule quantification of risks • High level understanding of the design, development, and/or operations of space vehicles

Conflict of Interest: Successful candidates for this job must satisfy the Company’s Conflict of Interest (COI) assessment process.

Drug Free Workplace: Millennium Space Systems, a Boeing Company, is a Drug Free Workplace (DFW) where post offer applicants and employees are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and alcohol when criteria is met as outlined in our policies.

Total Rewards: At Millennium Space Systems, a Boeing Company, we strive to deliver a Total Rewards package that will attract, engage and retain the top talent.  Elements of the Total Rewards package include competitive base pay and variable compensation opportunities.  

Millennium Space Systems also provides eligible employees with an opportunity to enroll in a variety of

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