Cost Estimating Specialist I at General Dynamics Ordnance & Tactical Systems
General Dynamics Ordnance & Tactical Systems · Saco, United States Of America · Onsite
- Junior
- Office in Saco
General Profile
- Requires conceptual knowledge of theories, practices, and procedures within a job discipline
- Performs routine assignments using existing procedures
- Receives instruction, guidance and direction from more senior level roles
- Entry level to a professional career progression
- Consistent exercise of discretion & judgment
- Develops cost estimates for projects based on work scope, specifications, and contract proposals using applicable estimating methodologies and tools.
- Analyzes project requirements, plans, and specifications to identify labor, material, equipment, and service requirements.
- Uses benchmark data, trends, prior estimates, and historical pricing schedules to generate detailed cost estimates that consist of itemized lists of expenses, labor hours, material quantities, and potential cost variations.
- Depending on the complexity and type of project, may use different estimating methods, mathematical models, or specialized estimating software tools to generate estimates.
- Required education and experience: Associate's Degree and 0-3 years' experience OR Equivalent Combination of Relevant Education &/or Experience
- Critical professional related technical skills; computer skills: Proficient in Microsoft Office (Excel, Word, PowerPoint)
- Preferred education and experience: Bachelor's Degree
- Discipline/Major: Finance or related degree preferred.
- Knowledge, skills & abilities: Cost Estimation. Material Requirements Planning. Project Estimation. Requirements Analysis. Spreadsheet advanced. Cost Analysis. Specification Review. Construction Estimating Software. ERP Systems. Basic understanding of cost estimation methodologies (e.g., parametric, analogy, or engineering build-up). Knowledge of statistical analysis or data analytics tools. Ability to interpret and analyze financial data, budgets, and historical cost data. Familiarity with government contracting principles, such as Federal Acquisition Regulation (FAR) or Defense Federal Acquisition Regulation Supplement (DFARS). Strong grasp of basic mathematics, including algebra and statistics, for cost calculations and projections. Basic knowledge of economics, including inflation, discounting, and net present value (NPV) calculations.
- Must be able to remain in a stationary position at a desk and/or computer for extended periods of time.
- Work primarily in a climate-controlled environment with minimal safety/health hazard potential.
- Required Qualifications: