Supply Chain - Price Cost Analyst/Sub-Contract Auditor ...

Description: At Lockheed Martin Aeronautics, we deliver innovative, agile solutions that help customers achieve the impossible. Our Supply Chain team combines problem-solving, creativity, and data to tackle some of the aerospace industryu2019s most exciting challenges. We bring together some of the brightest minds in aerospace, fostering a culture of purposeful innovation, integrity, and collaboration. Guided by our core values, youu2019ll have opportunities to grow professionally, take on challenging projects, and make a real impact. We prioritize our people with flexible schedules, competitive pay, and comprehensive benefits that support a healthy, fulfilling life both at work and beyond. At Lockheed Martin, your mission is ours u2013 join us to innovate, inspire, and make a difference. Learn more about Lockheed Martinu2019s comprehensive benefits package here. Who You Are We are seeking motivated auditors to evaluate the financial records, cost structures, and business systems of defense contractors. This role ensures compliance with applicable accounting standards, Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS), and contract requirements while providing recommendations that enhance internal controls and cost integrity. The Sub-Contract Auditor Level 2 focuses on evaluating indirect rates, labor rates, escalation factors, and pricing assumptions used in contractor cost proposals and forward pricing submissions. You will contribute to fair and reasonable government pricing decisions through detailed financial analysis and audit support. In this dual-role position, you will also support Price Cost Analyst responsibilities, including cost and pricing analyses, supplier evaluations, and contract support. You will gain hands-on experience in audit execution and pricing strategy while developing technical skills under the guidance of senior auditors and analysts. What You Will Be Doing Audit Execution u2022 Support risk-based financial and contract audits u2022 Evaluate cost proposals, forward pricing submissions, and indirect rates under guidance u2022 Review supplier accounting systems and internal controls u2022 Audit supplier financial documents and records, including trial balances and general ledger u2022 Validate cost data against financial records and source documentation Financial Analysis & Reporting u2022 Analyze financial datasets u2022 Verify the accuracy of supplier financial statements and cost data u2022 Perform reconciliations and root cause analysis u2022 Prepare audit reports and supporting documentation under supervision u2022 Present results to contracting and acquisition stakeholders as needed Contract Compliance & Advisory Support u2022 Ensure compliance with federal cost principles and regulations u2022 Support contract negotiations with cost analysis and recommendations u2022 Assist in developing government pricing objectives u2022 Support audit planning and risk assessments Price Cost Analyst Key Responsibilities u2022 Conduct cost and price analyses of supplier proposals under supervision u2022 Review and validate supplier cost models and assumptions u2022 Support supplier negotiations and customer interactions u2022 Prepare reports, charts, and briefings to communicate findings u2022 Provide guidance on cost drivers and pricing opportunities Continuous Improvement & Knowledge Sharing u2022 Maintain knowledge of audit standards and government regulations u2022 Support training and mentoring of junior auditors u2022 Contribute to audit process and technology improvements Fort Worth, TX This position is in Fort Worth, TX Discover Fort Worth. AeroSCM Basic Qualifications: u2022 Bacheloru2019s degree in Accounting from an accredited college or university, including auditing coursework. The degree must include at least 120 semester hours in accounting-related subjects such as financial accounting, managerial accounting, and auditing. u2022 Candidates must have 1 u2013 3 years of relevant experience in audit, finance, cost accounting, proposal pricing, or rate analysis. u2022 Experience should demonstrate the ability to independently manage complex financial tasks, support audit engagements, and contribute to cost or pricing analyses. u2022 Must be able to travel to supplier sites on short notice, typically 40u201350%, including domestic and occasional overseas assignments. Ability to work extended hours during peak audit periods (on weekends as needed). u2022 Strong organizational, research, and time management skills with attention to detail, commitment to data accuracy, and the ability to manage multiple priorities independently. Desired Skills: u2022 Certified Public Accountant (CPA) (preferred) u2022 Certified Internal Auditor (CIA) or similar certification (preferred) u2022 Masteru2019s degree in accounting, finance, or business (preferred) u2022 Knowledge of risk management frameworks and data analytics methods u2022 Strong analytical and quantitative problem-solving skills with an investigative mindset u2022 Professional skepticism, sound judgment, and high ethical standards u2022 Effective collaboration and ability to operate in fast-paced, team-oriented environments u2022 Adaptability, accountability, and commitment to continuous learning and professional development u2022 Effective written and verbal communication with the ability to present findings to stakeholders Government Contracting & Cost Compliance u2022 Cost allowability and allocability principles u2022 Cost Accounting Standards (CAS) fundamentals u2022 Federal acquisition and defense acquisition regulations u2022 Indirect rate and cost structure analysis support Proposal & Forward Pricing Knowledge u2022 Indirect rate pools and allocation bases u2022 Forward Pricing Rate Proposals (FPRPs) support u2022 Labor rate development and escalation modeling u2022 Business base forecasting and productivity assumptions Accounting & Audit Capabilities u2022 Cost accounting systems and ERP environments u2022 General ledger to proposal traceability u2022 Financial and trend analysis u2022 Audit documentation and workpaper preparation u2022 Risk-based and substantive testing methodologies, systems & tools u2022 Intermediate Excel and dataset analysis u2022 ERP or cost systems (e.g., Deltek, SAP, Oracle) u2022 Audit or analytics tools (e.g., CaseWare, ACL, IDEA, Power BI, Tableau) u2022 Regulatory & Standards Knowledge u2022 GAAP and applicable accounting standards u2022 Government auditing standards (GAGAS) u2022 Internal control frameworks and regulatory compliance Security Clearance Statement: This position requires a government security clearance, you must be a US Citizen for consideration. Clearance Level: Secret Other Important Information You Should Know Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings. Ability to Work Remotely: Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility in Fort Worth, TX. The specific weekly schedule will be discussed during the hiring process. Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits. Schedule for this Position: 4x10 hour day, 3 days off per week Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics. The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration. At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work. With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility. If this sounds like a culture you connect with, youu2019re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs , and apply for roles that align with your qualifications. Experience Level: Experienced Professional Business Unit: AERONAUTICS COMPANY Relocation Available: Possible Career Area: Purchasing/Procurement/Supply Chain Type: Full-Time Shift: First

Created: 2026-02-23