Price Cost Analyst/Sub-Contract Auditor - E2

Standard Job Description 
 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.

Support risk-based financial and contract audits Evaluate cost proposals, forward pricing submissions, and indirect rates under guidance Review supplier accounting systems and internal controls Audit supplier financial documents and records, including trial balances and general ledger Validate cost data against financial records and source documentation Conduct cost and price analyses of supplier proposals under supervision Review and validate supplier cost models and assumptions Support supplier negotiations and customer interactions Able to travel to supplier sites on short notice, typically 40–50%, including domestic and occasional overseas assignments. Ability to work extended hours during peak audit periods (on weekends as needed). Basic Qualifications 
   Bachelor’s degree in Accounting from an accredited college or university, including auditing coursework. Candidates must have 1+ years of relevant experience in audit, finance, cost accounting, proposal pricing, or rate analysis. Experience should demonstrate the ability to independently manage complex financial tasks, support audit engagements, and contribute to cost or pricing analyses. Advance organizational, research, and time management experience with attention to detail, commitment to data accuracy, and the ability to manage multiple priorities independently. Desired Skills 
   The degree include at least 120 semester hours in accounting-related subjects such as financial accounting, managerial accounting, and auditing.  Certified Public Accountant (CPA) (preferred) Certified Internal Auditor (CIA) or similar certification (preferred) Master’s degree in accounting, finance, or business (preferred) Knowledge of risk management frameworks and data analytics methods Strong analytical and quantitative problem-solving skills with an investigative mindset Professional skepticism, sound judgment, and high ethical standards Effective collaboration and ability to operate in fast-paced, team-oriented environments Adaptability, accountability, and commitment to continuous learning and professional development Effective written and verbal communication with the ability to present findings to stakeholders Pay Information Full-Time Salary Range: $59900.00 - $111300.00 At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally. The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.   Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules