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Cost Estimating Analyst (FMS)

Odyssey Systems Consulting Group
United States, Ohio, Dayton
Mar 03, 2025

Cost Estimating Analyst (FMS)
Job Locations

US-OH-Dayton


ID
2025-5865

Category
Finance

Type
Full Time

Hours/Week
40


Location : Name

Wright Patterson AFB



Position Summary

Odyssey Systems is recruiting for a Senior Cost Estimating Analyst to support the Attack Systems Division, Foreign Military Sales (FMS), at Wright Patterson AFB, OH. WID is part of the ISR/SOF Directorate (AFLCMC/WI), who is responsible for equipping our warfighters to win the fight. The Directorate executes a $22 billion acquisition portfolio developing, producing, testing, modifying, fielding, and supporting Air Force ISR and SOF platforms, and related sub-systems.



Responsibilities

Duties include, but not limited to:

WIDN is AFPEO/WI's centralized hub for Pre-LOR (Letter of Request) and Case Development for FMS new business efforts. WIDN will provide temporary support to executing Program Management Offices for case execution. Applicants will benefit from competitive salaries, career growth, and a unique ability to positively impact national security on a global scale!

    Possess the advanced knowledge, experience, and recognized ability to be considered a highly skilled Cost Estimating Analyst. Must work independently and be able to apply procedures.
  • Utilize cost estimating/analysis techniques, including linear regression, confidence intervals, learning curves, and various estimating methods (analogy, grassroots, actual cost, parametric) to develop cost estimates for all phases of Sensors acquisition programs.
  • Define Work Breakdown Structures (WBS) and Cost Estimating Structures (CES).
  • Perform cost estimating/analysis, including Program Office Estimates (POE), Independent Government Cost Estimates (IGCE), special studies, and milestone reviews.
  • Support the development of life cycle cost estimates, "what-if" estimates, Cost as an Independent Variable (CAIV) analyses, should/will cost reviews, Reduction in Total Ownership Costs (RTOC) analyses, and other economic analyses.
  • Apply knowledge of Acquisition and Financial Management policies, procedures, regulations, and directives, including:
  • Federal Acquisition Regulation (FAR)/Defense FAR Supplement (DFARS)
  • DoD Financial Management Regulation (FMR) DoD 7000.14-R
  • Relevant DAFI and DAFMAN guidance on economic analysis, inflation, cost and planning factors, and cost analysis procedures
  • AFLCMC Standard Cost Process
  • MILSTD 881D
  • Utilize automated management information systems and cost-estimating tools, including:
  • Automated Cost Estimating Integrated Tools
  • Parametric Review of Information for Costing and Evaluation "True Planning" parametric modeling
  • Constructive Cost Model
  • Oracle Crystal Ball
  • Ensure data accuracy and maintain the integrity of financial databases.
  • Support program offices in:
  • Program Planning and Budget activities, including developing cost estimates and conducting "should cost"/"will cost" analyses.
  • Analyzing Price and Availability (P&A) data and cost proposals to ensure reasonableness.
  • Identifying and developing program requirements, cost, schedule, technical, and program risks.
  • Prepare program documentation, including program management plans, program baselines, WBSs, and program risk assessments.
  • Adhere to the AFLCMC Standard Process for the Annual Program Office Cost Estimate.


Qualifications

Citizenship: US Citizen

Clearance: Secret

Certifications: N/A

Minimum Qualifications:

  • Master's or Doctorate Degree in a related field and ten years of experience in the respective technical / professional discipline being performed, five years of which must be in the DoD.
  • OR bachelor's degree in a related field and 12 years of experience in the respective technical/professional discipline being performed, five of which must be in the DoD.
  • OR, 15 years of directly related experience with proper certifications as described in the PWS labor category performance requirements, eight of which must be in the DoD.

Additional Information

Location: Wright Patterson AFB, Dayton, OH

Travel: 25%

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Company Overview

Odyssey Systems Consulting Group, is an innovative small business committed to providing world-class technical, management, and training support services to government and public sector clients. We focus on people, processes, and performance to deliver superior results. Since our inception in 1997, our commitment to mission success and customer satisfaction has been recognized with exponential growth and exceptional past performance ratings. We accept challenging assignments and drive projects from the planning stages, through implementation, and into operations and support.

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

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