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Senior Cost Estimating Specialist - Millennium Space Systems
full-timeEl Segundo$143k - $211k

Summary

Location

El Segundo

Salary

$143k - $211k

Type

full-time

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About this role

Senior Cost Estimating Specialist - Millennium Space Systems

Company:

The Boeing Company

Job Description
Millennium Space Systems (MSS), a part of Boeing Defense, Space and Security (BDS) is seeking a Senior Cost Estimating Specialist who will be responsible for leading major cost estimating efforts for Millennium Space Systems. As a member of the Estimating team, you will be accountable for the development of cost estimates and all associated cost articles (basis of estimates, bill of materials, work breakdown structures, cost volumes, etc.), ensure accuracy and reasonableness, and collaborate with cross-functional teams to support business growth. This is an onsite role at our El Segundo, California.

Position Responsibilities:

  • Lead the cost estimating effort in preparing detailed and accurate cost estimates for government (Department of Defense, NASA, and other federal agencies) projects.
  • Analyze Requests for Proposals (RFPs), Statement of Works (SOWs), Technical Requirements Documents (TRDs), and other proposal documentation to develop cost estimates that align with customer requirements.
  • Generate submission ready cost proposal articles, including cost volumes, rate justifications, bill of materials, basis of estimates, supplier consent packages, etc.
  • Work closely with program management, engineering, finance, and contracts to ensure alignment between the engineering solutions and cost estimates.
  • Ensure compliance with Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS), Truth in Negotiations Act (TINA), and other government regulations, as necessary.
  • Assists with program baselining and execution efforts.
  • Track and analyze cost estimate verses actual costs to recommend mitigation strategies to resolve the deltas and identify opportunities to inform future proposal efforts.
  • Conduct risk analysis, what-ifs, and cost realism assessments to ensure pricing accuracy and executability.
  • Generate detailed cash flow projections.
  • Present cost estimates and pricing strategies to executive leadership and participate in customer negotiations and other cost discussions.
  • Continually assess and improve the estimating processes and tools used by the team to maintain efficiency and accuracy.
  • Support audit reviews by government agencies, including DCMA and DCAA, ensuring transparency and adherence to cost estimating policies and procedures.

Basic Qualifications (Required Skills/Experience):

  • Bachelor’s degree or higher in an Engineering or Business domain
  • 5+ years of experience leading major cost estimating efforts for a Government customer.
  • Strong communications and analytical skills necessary to articulate pricing strategy to senior business and finance leaders
  • Experience reviewing proposal request for proposal documentation including, but not limited to, Technical Requirements Documents, Statement of Works, solicitation instructions, CDRL and GFX lists, etc.
  • Experience generating work breakdown structures, cost estimates and associated cost volumes
  • Experience working with technical and other functional teams to develop accurate and reliable cost estimates
  • Experience preparing and analyzing detailed cost summaries, learnings curves, cash flows, liability profiles and other price summaries required for corporate approval packages
  • Familiarity with FAR, DFARS, CAS, and TINA
  • Advanced proficiency with Microsoft Office, specifically Microsoft Excel
  • Must be able to obtain and maintain a TS/SCI security clearance.

Preferred Qualifications (Desired Skills/Experience):

  • Master’s Degree in Engineering or Business domain
  • 8+ years of experience leading major cost estimating efforts for a Government customer
  • Experience generating basis of estimates and bill of materials prior to engineering and functional inputs
  • Experience reviewing and generating proposal Integrated Master Schedules, DCMA 14 point checks, and/or Schedule Risk Assessments.
  • Experience with risk analysis, specifically the cost and schedule quantification of risks
  • High level understanding of the design, development, and/or operations of space vehicles
  • Experience with DoD and/or Intelligence Community proposals
  • Experience with ProPricer or other relevant pricing software

Conflict of Interest:

Successful candidates for this job must satisfy the Company’s Conflict of Interest (COI) assessment process

Drug Free Workplace:

Millennium Space Systems, A Boeing Company is a Drug Free Workplace where post offer applicants and employees are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and alcohol when criteria is met as outlined in our policies.

Pay & Benefits:
Millennium Space Systems, A Boeing Company offers a very competitive benefits package to include medical, dental, vision, and 401k plan.

  • Level 5: $143,650 - $211,250

Equal Opportunity Employer:

Millennium Space Systems, A Boeing Company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic factors, military/veteran status or other characteristics protected by law.

Language Requirements:

Not Applicable

Education:

Not Applicable

Relocation:

Relocation assistance is not a negotiable benefit for this position.

Export Control Requirement:

This position must meet U.S. export control compliance requirements. To meet U.S. export control compliance requirements, a “U.S. Person” as defined by 22 C.F.R. §120.62 is required. “U.S. Person” includes U.S. Citizen, U.S. National, lawful permanent resident, refugee, or asylee.

Safety Sensitive:

This is not a Safety Sensitive Position.

Security Clearance:

This position requires the ability to obtain a U.S. Security Clearance for which the U.S. Government requires U.S. Citizenship. An interim and/or final U.S. Top Secret/SCI Clearance Post-Start is required.

Visa Sponsorship:

Employer will not sponsor applicants for employment visa status.

Contingent Upon Award Program

This position is not contingent upon program award

Shift:

Shift 1 (United States of America)

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Other facts

Tech stack
Cost Estimating,Government Proposals,Cost Analysis,Risk Analysis,Microsoft Excel,Cost Volumes,Work Breakdown Structures,Federal Acquisition Regulations,Collaboration,Communication,Analytical Skills,Proposal Documentation,Cash Flow Projections,Cost Accounting Standards,Negotiation,Audit Support

About Boeing

Boeing is a leading global aerospace company that designs, builds and supports commercial airplanes, defense products and space systems for customers in more than 150 countries. Guided by our commitment to safety and quality, we innovate to deliver solutions that bring real value to our customers and the industry.

As a top U.S. exporter, we work with a strong global supply base to drive economic opportunity and community impact worldwide. Our team leads with integrity and passion as it shapes the future of aerospace.

Explore careers with us: boeing.com/careers

Boeing is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic factors, military/veteran status or other characteristics protected by law.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Aviation & Aerospace

What you'll do

  • Lead major cost estimating efforts for government projects, ensuring accuracy and collaboration with cross-functional teams. Generate detailed cost estimates and proposal articles while ensuring compliance with government regulations.

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Frequently Asked Questions

What does Boeing pay for a Senior Cost Estimating Specialist - Millennium Space Systems?

Boeing offers a competitive compensation package for the Senior Cost Estimating Specialist - Millennium Space Systems role. The salary range is USD 144k - 211k per year. Apply through Clera to learn more about the full compensation details.

What does a Senior Cost Estimating Specialist - Millennium Space Systems do at Boeing?

As a Senior Cost Estimating Specialist - Millennium Space Systems at Boeing, you will: lead major cost estimating efforts for government projects, ensuring accuracy and collaboration with cross-functional teams. Generate detailed cost estimates and proposal articles while ensuring compliance with government regulations..

Why join Boeing as a Senior Cost Estimating Specialist - Millennium Space Systems?

Boeing is a leading Aviation & Aerospace company. The Senior Cost Estimating Specialist - Millennium Space Systems role offers competitive compensation.

Is the Senior Cost Estimating Specialist - Millennium Space Systems position at Boeing remote?

The Senior Cost Estimating Specialist - Millennium Space Systems position at Boeing is based in El Segundo, California, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Cost Estimating Specialist - Millennium Space Systems position at Boeing?

You can apply for the Senior Cost Estimating Specialist - Millennium Space Systems position at Boeing directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Boeing on their website.