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Material Cost Estimator

Draper Labs
United States, Massachusetts, Cambridge
555 Technology Square (Show on map)
April 16, 2024

Material Cost Estimator
Job Location

US-MA-Cambridge


Requisition ID
2024-8111



Overview

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.

Equal Employment Opportunity

Draper is committed to creating a diverse environment and is proud to be an affirmative action and equal opportunity employer. We understand the value of diversity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.

Draper is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.



Responsibilities

Responsibilities:

The Draper Program Finance organization is looking for an experienced Material Cost Estimator that will support all Draper business areas, including Strategic, Space, Biotechnology, and Electronic Systems. In this important role, the estimating analyst will closely collaborate with our internal business partners to provide detailed and accurate material estimate analyses utilized across all contract type proposals.

The successful candidate will have an analytical approach, customer focus, strong attention to detail, and will provide superior service to internal partners.

The responsibilities for this role include the following:

    Developing, analyzing, evaluating, coordinating, and preparing material cost estimates for cost proposals to US Government customers
  • Developing Bill of Materials (BOMs), selecting appropriate pricing methods (e.g., purchase order history, vendor quotes, etc.), and ensuring all quotes are recent
  • Supporting other cost estimating deliverables as needed, such as generating detailed cost volumes, financial analyses, and ad hoc support
  • Researching and analyzing historical data, and developing cost models to support proposal efforts and determine the of accuracy of functional material estimates
  • Assessing estimating techniques and historical cost actuals documentation
  • Consolidating cost estimates in pricing tool / ERP system
  • Supporting the internal proposal review and approval process, which includes developing presentations for senior leadership
  • As required, supporting requests for information (RFI), related audit requests, fact-finding, compliance, submission, updates / revisions, and negotiations


Qualifications

Preferred Qualifications:

Required Qualifications:

Must have experience.

  • Previous work in material cost estimation with at least 5+ years of experience.
  • Bachelor's degree in finance, accounting, or related discipline
  • Able to communicate and work effectively as part of matrix organization
  • Ability to present complex information to all levels of management
  • Strong demonstrated knowledge of relevant federal acquisition regulations and standards such as CAS/FAR/DFARS
  • Proficient with Microsoft software, including advanced Excel skills


Preferred Qualifications:

  • Experience in bidding to different contract types (FFP, FPIF, CPFF, CPIF, T&M)
  • Detail oriented with the ability to ensure tasks are completed on time and accurately
  • Proficient in handling multiple projects simultaneously
  • Excellent verbal and written communication
  • Self-starter that is capable of working independently and in a team environment
  • Experience with ProPricer or similar pricing software

Security Requirement:

  • Ability to obtain a Secret Clearance required.

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