Senior Cost Estimating Analyst (FMS)

Position Summary

Odyssey has an exciting opportunity 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. 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!

Responsibilities

Duties include, but not limited to: 

• 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

Minimum Required Qualifications

Citizenship: Must be a US citizen

Clearance: SecretEducation/Years of Experience:

• Master’s or Doctorate Degree in a related field and ten years of experience being performed, five years of which must be in the DoD.
• OR bachelor’s degree in a related field and 12 years of experience being performed, five of which must be in the DoD.
• OR, 15 years of directly related experience, eight of which must be in the DoD.

Technical Skills:

• Expertise in applying regression analysis, confidence intervals, learning curves, parametric models, analogy-based methods, and grassroots estimating techniques to produce defensible cost estimates.
• Ability to construct, interpret, and apply WBS/CES frameworks in support of Program Office Estimates (POEs), Independent Government Cost Estimates (IGCEs), and milestone reviews.
• Hands‑on experience with Automated Cost Estimating Integrated Tools, TruePlanning parametric modeling, COCOMO, Oracle Crystal Ball, and other acquisition-related financial databases.
• Deep understanding of FAR/DFARS, DoD FMR 7000.14‑R, DAFI/DAFMAN guidance, AFLCMC Standard Cost Process, and MIL‑STD‑881D to ensure compliant cost analysis and documentation.
• Capability to conduct full life‑cycle cost assessments, CAIV analyses, RTOC studies, “should/will cost” analysis, what‑if scenarios, price reasonableness evaluations, and risk‑based cost assessments.

Additional Information

Location: Wright Patterson AFB, Dayton, OH

Onsite

#LI-ST1

Company Overview

Odyssey 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

Responsibilities

Duties include, but not limited to: 
- 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.