Cost Analyst

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Job Responsibilities: Cost Analyst

Salary: 69000 per YEAR

Company: Odyssey Systems Consulting Group, Ltd.

Location: Remote US

Position Summary:Odyssey Systems has an exciting new opportunity for a Cost Analyst to join our 13-person team of Analysts developing updating and defending Life Cycle Cost Estimates (LCCs) / Program Office Estimates (POEs) across Radar and C2 missions.

As the Cost Analyst, you will directly support the North American Aerospace Defense Command (NORAD) Cheyenne Mountain Complex Integrated Tactical Warning/Attack Assessment (NCMC-ITW/AA) Legacy Space (LS) Program Office at Peterson Space Force Base (SFB). This is a full-time opportunity with 90% of your time spent working remotely for anyone with DoD experience.


  • Develop maintain update and deliver fully documented and well-supported cost estimates with an assessment of risk and schedule
  • Use of routine cost estimating methods such as analogy engineering or scientific methodology and extrapolation
  • Use of cost estimating outputs to assess the impact various factors have on the costs to design research develop operate maintain and dispose of a particular weapon system
  • Analytical processes such as: setting up the problem; conducting background research; collecting and reducing data; displaying data for analysis; formulating mathematical expressions; and drawing conclusions
  • Analyze all elements affecting costs for a project of limited scope
  • Data collection/compilation/analysis
  • Support and attend Government/Prime Contractor meetings for information-gathering purposes to assist the government in assessing cost estimates
  • Support all cost-related activities within RFP reviews Source Selections and Initial/Integrated Baseline Reviews (IBRs)
  • Analyze Program Contractor cost estimates to ensure consistency with Government cost estimating procedures; analyze the Program Contractor’s BOE risks and crosscheck major WBS elements or cost drivers IAW DoD and AF and requirements; record analysis results
  • Develop cost-related program inputs such as but not limited to Most Probable Cost Estimate Should Cost/Will Cost Estimate and Government Basis of Estimate (BOE) for government Shoulder-to-Shoulder activities with Program Contractors and solicitation activities such as Request for Proposals (RFPs) Acquisition Strategy Plans (ASPs) and Source Selections; and annual execution plans within the Comprehensive Costs and Requirements (CCR) System
  • Create Business Case Analyses Cost-Benefit Analyses market surveys Economic Analyses or other related analyses IAW mandated government regulations; Assess acquisition planning documents; Record results
  • Provide cost-related support to accomplish required Acquisition Reporting to include but not limited to Acquisition Program Baseline (APB) and Program Management Reviews (PMRs)
  • Institute quality control measures report results and conduct process improvement initiatives as needed
BS/BA with 21 semester hours in quantitative analysis courses (or other relevant field related to their area of expertise limited to the following: Management Business Economics Finance Operations Research Analyst Accounting Mathematics Science Technology Engineering Statistics or Cost Estimating/Analysis) plus three (3) semester hours of Calculus.

Preferred Qualifications:

  • Prior weapons system acquisition experience
  • Experience required using standardized and specialized software applications such as but not limited to Microsoft Office and Automated Cost Estimating Integrated Tools (ACE-IT).
  • Experience with Jira and Confluence to track workload status and priorities
  • Experience with estimating agile projects and analyzing agile metrics (velocity features stories etc.)

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