Future Opportunity: Entry Level Cost Analyst

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Thompson Gray Inc.

Posted 2 months ago

Full Time

, Alabama

In Person

Smart Summary

Responsibilities

The Cost Analyst will prepare cost estimates and budgets for Department of Defense programs while collaborating with engineering and logistics teams to model acquisition costs. They are responsible for developing Program Office Estimates and Life Cycle Cost Estimates using the Army's mandated ACEIT software.

Qualifications

You have a Bachelor's degree in a quantitative field such as Mathematics, Statistics, Finance, or Engineering, along with proficiency in Microsoft Excel and strong analytical skills. You are expected to obtain an active Secret Security Clearance and must be able to learn and apply the ACEIT software suite, for which training will be provided.

Must Have Skills for ATS

Microsoft Excel

Microsoft Office Suite

ACEIT

Cost Estimating Relationships (CERs)

Army's Cost Estimating Structure (CES)

Program Office Estimates (POEs)

Life Cycle Cost Estimates (LCCEs)

Independent Government Estimates (IGEs)

Statistical techniques

Applied mathematics

Economic methods

Quantitative research

Analytical problem-solving

Data collection

Data synthesis

Crystal Ball

@Risk

Job Description

This position is contingent upon funding approval. Applicants will be contacted as updates become available.

Until Filled (EST) | Redstone Arsenal, Alabama, USA | Full-Time

Job Description: Thompson Gray seeks motivated, analytically talented individuals for a future entry-level Cost Analyst opportunity. Cost Analysts play a vital role in ensuring the Army can efficiently acquire, sustain, and modernize weapon systems and equipment by providing credible, defensible cost estimates throughout the program life cycle. Cost Analysts prepare cost estimates and budgets for major Department of Defense (DoD) programs, gain knowledge of Army and DoD reporting requirements, and gather an understanding of the DoD acquisition process.

This role is ideal for candidates with strong quantitative and analytical skills who are interested in defense financial analysis.

Job duties require possession of an active security clearance which typically requires US citizenship.

ACEIT Suite Training – A Key Benefit of This Position

Selected candidate(s) will receive full sponsored training in the Army's mandated cost estimating software platform. As an Army cost analyst, your ACEIT proficiency will be central to developing Program Office Estimates (POEs), Independent Government Estimates (IGEs), Life Cycle Cost Estimates (LCCEs), and a range of analytical products required at program milestones. The Army mandates ACEIT for Acquisition Category (ACAT) I and II programs and it is widely used across all acquisition categories.

Full-Time/Part-Time: Full-Time

Worksite details: Full-Time Onsite

Duties will include:

Provide case support to the AMSA International team in support of Security Cooperation customers to include (but not limited to) the following:

  • Review technical system requirements to build LCCEs.
  • Work cross functionally with Engineering and Logistics teams to understand and model acquisition costs.
  • Construct IGEs in order to establish cost reasonableness of development and procurement actions.
  • Conduct research and collect data to develop Cost Estimating Relationships (CERs) in order to accurately project cost.
  • Utilize the Army's Cost Estimating Structure (CES) to develop Program Office Estimates (POEs) and LCCEs.
  • Leverage LCCE data to build program office spend plans.
  • Work with PAE Maneuver Air's Cost Division to adjudicate comments and obtain cost model validations.
  • Perform data collection and program management support requirements
  • Follow Army guidelines and regulations to ensure costs are projected in the correct appropriation.
  • Conduct what-if scenarios, document justification for cost variables, and construct and present Program Management briefings to leadership.

Position Requirements:

Education

  • Bachelor's Degree in a related field from an accredited college. Related fields include:
    • Mathematics
    • Statistics
    • Finance
    • Accounting
    • Economics
    • Business Administration (with quantitative emphasis)
    • Operations Research
    • Engineering (any discipline)
    • Physics
    • Computer Science (with analytical or quantitative coursework)
  • Degrees in non-quantitative fields may be considered only if supplemented by substantial coursework in mathematics, statistics, economics, or a closely related analytical discipline. A degree from an unaccredited institution does not satisfy this requirement.

Active Secret Security Clearance required.

Knowledge, Skills, and Abilities

The position requires the following knowledge, skills, and abilities:

  • Proficiency in Microsoft Excel, including intermediate to advanced functions such as pivot tables, VLOOKUP, SUMIF, conditional formatting, and data visualization.
  • Proficiency in Microsoft Office Suite (Word, PowerPoint, Outlook) to prepare briefings, reports, and correspondence.
  • Knowledge of statistical techniques, applied mathematics, and economic methods as applied to cost estimation.
  • Ability to learn and apply the ACEIT suite - formal sponsored ACEIT training will be provided.
  • Skill in quantitative research and analytical problem-solving, including data collection, reduction, and synthesis.
  • Excellent oral and written communication skills, including the ability to develop concise, accurate cost reports and presentations.
  • Ability to manage and work with large data sets and identify trends and anomalies.
  • Ability to work collaboratively as a team member and build positive relationships across program offices, technical leads, and other stakeholders.
  • Ability to multi-task, manage priorities, and produce quality work products under deadlines and with limited supervision.
  • Attention to detail and commitment to producing estimates that are realistic, comprehensive, and fully documented.

The ideal candidate will possess the following preferred knowledge, skills, and abilities:

  • Exposure to statistical software, cost risk tools (Crystal Ball, @Risk), or cost estimating platforms is preferred but not required at hire.
  • Knowledge of cost, budget, and program analysis concepts and principles.
  • Understanding of DoD or federal government acquisition processes and budget cycles (PPBE) is preferred.

Experience

  • A minimum of 0–3 years of directly related experience in cost analysis, financial analysis, program analysis, budgeting, or a closely related field.
  • Relevant internship experience, capstone projects, or academic research involving quantitative analysis or financial modeling may be credited.
  • Prior exposure to DoD acquisition programs, defense contractors, or government financial environments is preferred.

This position is contingent upon funding approval. Applicants will be contacted as updates become available.

Why join Thompson Gray?

Thompson Gray is a multi-year winner of the Huntsville/Madison County Chamber Best Places to Work, recognized for our exceptional company culture that values employees and customers alike.

Here's what makes Thompson Gray special:

  • Competitive pay based on your qualifications Excellent benefits, including:
  • Health, Dental, Vision, Life, Short-Term and Long-Term Disability insurance 401(k) plan with employer match
  • Additional perks:
  • TG Swag – receive company-branded items during onboarding and seasonal shipments to your home Dependent Scholarship Program – supporting the education of employees' children
  • Tuition Assistance for furthering your own education Professional Development opportunities
  • Generous time-off policies, including 18 days of paid time off, 10 Federal Holidays, and flexible scheduling Annual donation to the charity of your choice
  • Regular team-building events, such as lunches, after-hours gatherings, seasonal family-friendly events, and our memorable annual holiday party

Join Thompson Gray and become part of a dynamic team committed to excellence, innovation, and community.

Thompson Gray is an Equal Opportunity Employer and VEVRAA Federal Contractor. This contractor and subcontractor shall abide by the requirements of 41 CFR 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, sex, gender identity, sexual orientation or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, gender identity, sexual orientation national origin, protected veteran status or disability. Thompson Gray, Inc. welcomes minority and veteran applicants.

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Thompson Gray Inc.

Thompson Gray is a 100% employee-owned company and trusted mission partner to the Department of War (DoW) and federal agencies. Since 2008, we have delivered integrated expertise across program management, financial systems, digital transformation, and strategic integration—helping our customers strengthen operational readiness and sustain mission success. Our teams work shoulder to shoulder with government personnel, providing practical, agile solutions in complex, high-stakes environments. From audit readiness and financial management to enterprise systems and digital modernization, we bring the technical rigor and embedded expertise needed to support today’s missions while preparing for tomorrow’s challenges.
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