Principal Cost Analyst

Position Summary

Odyssey Systems has an exciting opportunity for a Principal Cost Analyst providing support to the Command, Control, Communications, and Battle Management Division (C3BM).

Command, Control, Communications, and Battle Management (C3BM) has been tasked with delivering an integrated Department of the Air Force (DAF) Battle Network providing resilient decision advantage and enabling the USAF, USSF, Joint, and Coalition Force to win against the pacing challenge. C3BM supports execution in many different focus areas. C3BM's main efforts are Architecture and Systems Engineering (ASE), Operational Response Team (ORT), and multiple mission integration teams such as Air, Maritime and multiple acquisitions consisting of both the Advanced Battle Management System (ABMS) and Space.

The Cost Analyst will manage, oversee/lead, and perform scientific work involving the design, development, and adaptation of mathematical, statistical, econometric, and other scientific methods and techniques. This work involves analyzing management problems and providing advice and insights about the probable effects of alternative solutions. The primary requirement of the work is competence in rigorous methods of scientific inquiry and analysis, along with professional knowledge and skill in applying a wide range of theories, concepts, and methods of analytical, mathematical, and statistical principles and practices to military weapons programs.

The Cost Analyst will use the Automated Cost Estimating Integrated Tools (ACEIT) tool suite for all program office estimates and analyses.

This is a full time position located at Hanscom AFB, Bedford, MA.

Responsibilities

Duties include, but not limited to:

Cost Estimating & Analysis

• Perform cost estimating methods (analogy, engineering/scientific methodology, extrapolation).
• Assess impacts of various factors on costs to design, develop, operate, maintain, and dispose of weapon systems.
• Analyze elements affecting costs for projects of limited scope.
• Analyze contractor financial data using Earned Value Management (EVM) to assess cost/schedule performance.
• Conduct analytical processes: problem definition, background research, data collection/reduction, data display, mathematical formulation, and conclusions.
• Conduct Program Office Estimates (POE), adjusting estimates with program changes, and document life cycle costs (development, procurement, sustainment, disposal).
• Prepare cost estimates in compliance with AFI 65-508 and AFMCI 65-201.
• Ensure all POEs undergo Cost Chief review and AFLCMC/FZC Sufficiency Review.
• Deliver electronic copies of completed POEs to the Directorate Cost Repository within 10 business days.
• Provide price estimates (including life cycle costs) for FMS programs.
• Perform "what if" analyses/excursions for restructures, technology insertion, quantity changes, and funding adjustments.
• Support economic analyses (AFMAN 65-506) and Analysis of Alternatives (AoA) (DoDI 5000.84).
• Provide ancillary support to AFCAA, OSD CAPE, and related agencies per the Weapon Systems Acquisition Reform Act.

Contract Pricing Support

• Provide pricing services across acquisition phases: development, award, management, measurement, and closeout.
• Draft pricing briefings, correspondence, reports, and evaluation criteria.
• Support source selection teams in evaluating cost proposals.
• Prepare pricing spreadsheets, analyses, and documentation for Government CO review/approval.
• Provide support for communications with offerors, protest responses, and pricing-related reports.
• Access, populate, and analyze organizational pricing databases.

Earned Value Management (EVM) & Integrated Baseline Reviews (IBR)

• Use Insight or other government software for scope/schedule/cost integration.
• Analyze contractor performance reports, funds status reports, and cost data reports.
• Train IPTs on EVM analysis and support surveillance review teams.
• Assess Performance Measurement Baselines (PMB) during IBRs and evaluate risks, scope, controls, and corrective actions.

Program Integration, Financial Products & Reporting

• Support development of POM and financial documents to align operational requirements with fiscal/manpower resources.
• Provide inputs to program plans, baselines, risk assessments, WBS, SARs, Monthly Acquisition Reports, and DAES.
• Support SARs (life cycle cost analysis, unit costs, breaches).
• Support DAES reporting for program status, risks, unit costs, and estimates.
• Provide functional support for ACAT I MCA documentation per DoDI 5000.02T.
• Provide cost support at acquisition milestone reviews (MCA, ACAT II/III, non-ACAT, Urgent Capability, MTA, Software Acquisition, DBS, Services).
• Support milestone regulatory/statutory documentation, briefing packages, and updates.
• Participate in Operational Readiness Inspections (ORI), developing estimates and documentation for accelerated schedules, configuration changes, or material support.

Cost Data Repository Management

• Develop, maintain, and sustain a directorate cost data repository on a government network.
• Catalog, store, and retrieve all cost reports, data, and estimates (used and unused).
• Provide quarterly PMR status updates.
• Ensure compliance with records management requirements.
• Leverage document management technology (e.g., SharePoint).

Technical Tools & Database Integrity

• Use ACEIT (mandatory).
• Work with additional tools: PRICE TruePlanning, Constructive Cost Model, Oracle Crystal Ball.
• Use Air Force-maintained databases: AFTOC, REMIS.
• Verify accuracy of cost estimating system inputs.
• Support reconciliation and maintenance of financial databases (e.g., REMIS).
• Support mandatory cost data/documentation: 1537s, CSDR, procurement documents, RDOCs, Capital Investment Reports, GAO/AFAA reviews, APB, Award Fee Plans, MAR, CCaRS, Should Cost, Cost Capability Analysis, etc.

Qualifications

Citizenship: Must be a US citizen

Minimum Required Qualifications

Clearance: Must have and be able to maintain a Top Secret level clearance and have current SCI eligibility

• Knowledge of most appropriate phase of the budgetary cycle (planning, programming, justification, and execution) for initiating new programs
• Experience in quantitative analysis and calculus

Preferred Qualifications

Education: Bachelor's or Master's Degree in a related field

Years of experience: 20+ years of experience with 12+ of those years working in the DoD sector

Additional Information

Location: Hanscom Air Force Base, Bedford, MA

Travel: Travel may be required as the customer's discretion

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Company Overview

Odyssey Systems is a world-class technical, engineering, and integration company serving the warfighting ecosystem with airborne integration, ISR, C2, and warfighter readiness capabilities. Odyssey meets the military's operational needs by integrating layered defense systems from equipment, technology, and services to data, information, and business operations. We streamline defense acquisition and sustainment, engineering the technical battlefield with domain-specific proficiency to ensure lethality. Odyssey is dedicated to excellent contract execution, peak organizational performance, and fostering a workplace built on employee care.

Odyssey is proud to live out our core values of commitment, ambition, and respect in our work and communities through OdysseyCares , a philanthropic group focused on giving back through direct donations, an employer match program, and volunteering events.

Please note: Final compensation for this position will be determined by various factors such as the Federal Government contract labor categories and contract wage rates, relevant work experience, specific skills and competencies, geographic location, education, and certifications.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities