Senior Cost and Price Analyst

Company Details

The Premier Dedicated Small Satellite Launch Service

At Virgin Orbit, we are launching the small satellite revolution, enabling missions that were previously unimaginable. We are delivering Virgin’s legendary customer experience by combining advanced technology with a diligent, hard-working team. We have built a workplace and a workforce of the future, knowing that our decisions and investments of today are launching the industries of tomorrow. We have engaged a diverse and inclusive community of doers and dreamers alike, empowering all those working today to build satellites and constellations that will change the world.

Position Summary 

Virgin Orbit (VO) is seeking a new member to serve as a Senior Cost and Price Analyst. If you join us in this position, you will support and partner with the FP&A team on cost management initiatives for the LauncherOne small satellite program. The ideal candidate will have experience in a start-up and manufacturing organization around operational and program schedule analysis. The role will require monitoring and presenting manufacturing costs and budget performance information along with providing strategic influence to the supply chain, production and business management organizations. This role is for a hands-on person with great attention to detail and excellent people skills. This is a full-time position at our rocket factory in beautiful Long Beach, California.

Your Mission

  • Estimate Pricing and Costing information to be used in Bids (direct support to the Bid Process)
  • Be a major contributor to the overall cost management strategies for manufacturing and the supply chain.
  • Develop and manage cost models for manufacturing initiatives with actual, standard and target costing; integrate affordability strategies into recurring cost estimates.
  • Support the Recurring Cost Estimating process (Direct Costs, Indirect Costs, Overhead Rates, capital expenditures)
  • Participate in strategic initiatives that focus on efficient utilization of resources, require financial analysis and continuous improvement initiatives
  • Benchmark productivity and learning curve forecasting as well as target costing for higher volume buys, offshoring, outsourcing, etc.
  • Support the creation of production ramp plans by integrating direct material costs over time and labor leaning curves
  • Support the creation of dashboards for the manufacturing and business management teams
  • Assist FP&A team in developing and maintaining weekly and monthly status reports to keep management informed on program progress
  • Support in the monitoring of department and program spend versus budget, reviewing expenses to determine if operating to plan
  • Work with FP&A team to support the preparation of annual budgets and monthly forecast
  • Support the mapping/diagraming of new business policies and processes
  • Provide analytical capabilities, information and tools for operations to enhance the detection of current and future performance issues
  • Help Virgin Orbit do our part to make the world a better place
  • Constantly learn new things—and share them with your team members
  • Performs other duties as assigned

What you bring

If you want to join us, you’d better have all of these…

  • Bachelor’s degree in Business Administration or a related discipline
  • Experienced in supporting Bid Process (Cost, Price and Margin Analysis)
  • 5+ years of relevant experience in an Aerospace manufacturing environment
  • Experience creating cost models and analyzing data from ERP and financial systems – Oracle a plus
  • Experienced in disciplines around program financials, forecasting, cost modeling and scheduling
  • Advanced Excel skills (Macros, VBA, functions, graphs, pivot charts, vlookup, simulations, solver, etc.)
  • Experience interpreting business information and creating necessary action plans
  • Demonstrated experience in support of capital equipment purchases. (ROI analysis)
  • Strong analytical, communication, presentation and organizational skills
  • Self-motivated and driven to make an impact
  • Ability and willingness to thrive in a fast-paced, rapidly changing work environment
  • Driven, highly motivated, and committed to improvement
  • Ability to add something unique and positive to our team
  • Generally high level of all-around awesomeness
  • Must be able to provide proof of US-approved Covid-19 full vaccination status, unless otherwise exempted by an approved reasonable medical or religious accommodation from Virgin Orbit.

… and you should probably have a bunch of these, too.

  • Must be able to communicate clearly and frequently
  • Passion to remain a life-long learner
  • Must love to work in the weeds or at a high level, and can live and breathe in a geeky start-up culture
  • Inspires innovation and use of rational and logical reasoning to solve difficult problems
  • Ability to recommend best practices using innovation, good judgement, creativity and strategic thinking
  • Ability to learn quickly and grasp projects and operational details
  • High integrity and an unyielding commitment to compliance
  • Able to work in a fast paced team environment
  • Passion for space exploration and a firm belief in the utility of affordable access to space
  • Ability to thrive as a ‘one person team’

Tagged as: VBA, macros, functions, graphs, pivot charts, vlookup

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