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Draper

Cost Estimating Analyst 2

Salary$75k – $156k
LocationCambridge, MA; Open to All Draper Campus Locations (US only); Reston, VA
Work modehybrid
Typefull-time
SeniorityMid
Experience3–5 yrs
Company size1,001–5,000 people
First seenOct 4, 2026 · 1w ago
Verified live32m ago
At a glanceSummarised by Seekless from the posting.
Must have3
Bachelor's degree in business, accounting, finance or related discipline required
3 - 5 years of experience in Cost Estimating or other related experience
Applicants selected for this position will be required to obtain and maintain a Top Secret government security clearance
Overview:
Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.
Job Description Summary:
The Cost Estimating Analyst 2 will support estimating and pricing activities. This role reports into the Estimating and Pricing lead, and also supports the proposal team. The responsibilities include understanding the customer solicitation, gathering the estimates required to accurately cost and price that solicitation, and supporting the proposal team through the management review process. This position will work closely with the various functional teams such as Engineering, Procurement, Program Management and Contracts.
Job Description:
Duties/Responsibilities
• Analyzes, evaluates, coordinates, prepares, and supports cost proposals to government and commercial customers
• Coordinates the collection and accumulation of cost input from cross-functional departments
• Supports consolidation and pressure-testing of basis of estimates (BoEs) across all elements of cost (Labor, Material, Travel / Other Direct Costs, Subcontracts) for accuracy and completeness
• Researches and analyzes historical data, and develops cost models to support proposal efforts and determine the of accuracy of functional estimates
• Assesses estimating techniques and historical actuals documentation
• Evaluates Bill of Materials (BOMs), selects appropriate pricing methods (e.g., purchase order history, vendor quotes, etc.), and ensures all quotes are recent
• Consolidates cost estimates in pricing tool / ERP system
• Generates cost volume, financial analyses, and ad hoc support as needed
• Ensures adherence to Federal Acquisition Regulations (FAR), certified cost and pricing compliance (aka TINA), and internal policies and procedures with regard to estimating, cost proposal preparation, review, compliance, submission, and updates / revisions
Skills/Abilities
• Able to communicate and present cost estimating information to leadership.
• Able to perform bidding on different contract types (FFP, FPIF, CPFF, CPIF, T&M).
• Excellent communication and analytical skills.
• Detail-oriented with the ability to ensure bids are completed on schedule.
• Proficient in handling multiple projects simultaneously.
• Self-starter that is capable of working independently and in a team environment.
Education
Bachelor’s degree in business, accounting, finance or related discipline required.
Experience
3 - 5 years of experience in Cost Estimating or other related experience.
Additional Job Description:
Applicants selected for this position will be required to obtain and maintain a Top Secret government security clearance.
Connect With Draper for Future Opportunities! If you don’t find the right posting in our Career Opportunities, you may submit your resume for future consideration.
Job Location - City:
Cambridge
Job Location - State:
Massachusetts
Job Location - Postal Code:
02139-3563
The US base salary range for this full-time position is
$75,000.00 - $156,000.00
Legal
Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement’s approved rates by location and role. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.
Benefits
Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.
Draper is committed to creating an inclusive environment. We understand the value of inclusivity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, national origin, veteran status, or genetic information. Draper is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact [email protected].
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