Richard Garcia
Pueblo West
Summary
Dynamic financial professional with extensive experience at TechSource, Inc., excelling in cost analysis and compliance management. Proven track record in negotiating contracts and implementing procurement strategies, ensuring adherence to Federal Acquisition Regulations. Adept at cross-functional collaboration and delivering actionable insights, driving significant improvements in cost control and financial performance.
Overview
39
39
years of professional experience
Work History
Price Cost Analyst
TechSource, Inc.
01.2021 - 04.2025
- Perform Price/Cost Analysis for the Contracts and Purchasing group to evaluate contract proposals and provide recommendations as to the reasonableness of the costs associated with each element of the contract.
- Determine and implement cost accounting procedures and methods related to subcontract proposals.
- Responsible for the preparation and analysis of cost proposals and costing audits.
- Examine and review unusual cost records and ensure cost data is allocated correctly.
- Perform a variety of complicated tasks with Suppliers, Commodity Managers, Pricing Analysts and Program Managers.
- Expert knowledge of the Federal Acquisitions Regulations (FAR Part 12, 15, 31) and Cost Accounting Standards.
- Responsible for the analysis of cost and pricing data obtained from subcontractors that are $2.0 mil or greater.
- Conduct/participate in internal meetings with ASM personnel.
- Conduct/Support the proposal price recommendation with analysis of cost or pricing data.
- Communicate analyses with internal and external customers.
- Support subcontractor negotiations.
- Document the review/audit results into a clear and concise summary analysis and work with Procurement Specialist to achieve fair and reasonable pricing.
- Accurately perform quantitative financial calculations and/or prepare financial graphs, charts, tables.
- Manage financial data contained in large spreadsheets and convert to legible financial data.
- Maintain strong working alliances with other departments, suppliers and customers.
Senior Procurement Engineer
TechSource, Inc.
01.2021 - 04.2025
- Supports Los Alamos National Laboratory (LANL)’s procurement process to ensure specific, high priority procurements are executed on time and meet all technical and business specifications.
- Develops and writes DOE Project Acquisition Plans.
- Produces Request for Proposal (RFP) documents.
- Negotiates and evaluates cost and price.
- Contributes to procurement strategies.
USG Compliance Financial Analyst III
Vectrus Corporation
02.2019 - 12.2020
- Ensured effective development and management of finance processes, templates, training, and audit procedures to ensure compliance with FAR, DFARS, CAS and other government regulations and applicable laws.
- Managed compliance of policies and procedures, FAR and CAS guidelines, supported all audits, and provided internal and external customer support.
- Worked as the finance liaison for all DCAA, DCMA and internal audit requirements.
- Acted as finance compliance advisor to business development and other functional areas for Vectrus Systems Corporation.
- Interfaced with other internal compliance activities and personnel.
- Conducted audits and training for field offices.
- Supported special projects as determined by management.
USG Compliance Manager
Cobham Semiconductor Solutions
08.2018 - 02.2019
- Provided practical, solution-oriented guidance on all aspects of United States government (USG) compliance.
- Oversaw government contracting compliance, internal controls, oversight, and compliance with Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulations (DFARS), Cost Accounting Standards (CAS) and Truth in Negotiations Act (TINA).
- Created, tracked, maintained, performed analytics and support (indirect) bidding rates, direct labor rates, and communicated internally and externally (FPRP to ACO/DCMA/DCAA).
- Developed and maintain business unit (BU) policies, internal controls, training, tools, and other resources related to USG contracting and compliance programs and oversee compliance monitoring.
- Supported BUs, sites, and employees regarding USG compliance to include assessments, non-compliances, interpretation, and application of FAR, DFARs and CAS.
- Ensured proper internal control environment is in place, including performing Quarterly Floor Checks.
- Compiled annual internal control questionnaire to identify risk (non-compliance) areas and remediate.
- Performed reviews and analysis of business systems, applicable DCAA mandatory annual audit requirements (MAARs) to ensure BUs and sites were compliant.
- Prepared and maintained CAS disclosure statements timely submittal of incurred cost submissions.
- Acted as primary point of contact for DCAA/DCMA and contract audits.
Principal Cost Accountant
Honeywell Aerospace
03.2014 - 08.2018
- Performed cost and price analysis for the contracts and purchasing group to evaluate defense contract proposals and provided recommendations as to the reasonableness of the costs associated with each element of the contract.
- Coordinated acquisition strategy by leading cross function team of project management, procurement, engineering, and commodity managers in support of DoD business development opportunities.
- Developed and navigated professional network with customers, subcontractors, engineering, procurement, and commodity management in complex matrix environment while maintaining strong professional relationships.
- Determined and implemented cost accounting procedures and methods related to subcontract proposals.
- Prepared and analyzed cost proposals and costing audits.
- Led the audit and analysis of cost and pricing data efforts obtained from subcontractors for proposals in excess of $2 million.
- Established specific flow down requirements of the customer’s solicitation as they related to contract terms and conditions.
- Conducted and supported the proposal price recommendation with analysis of cost or pricing data.
- Conducted and supported subcontractor negotiations with buyers and commodity managers.
- Maintained strong working relationships with both DCAA and DCMA.
- Interpreted and analyzed large amounts of financial and programmatic data to determine fair and reasonable pricing.
- Provided input to appropriate proposal responses and strategies to maximize cash flow and limit risk to the organization.
- Used budgeting and cost estimating tools (e. g., cost benefit analysis, estimates-at-completion) and principles to perform daily work responsibilities.
Corporate Controller
RadiantBlue Technologies, Inc.
06.2012 - 11.2013
- Company Overview: A computer software company specializing in software development with $30 million in annual sales.
- Led the general accounting and finance functions for a computer software company specializing in software development with $30 million in annual sales.
- Oversaw the financial policies, systems, procedures, and led the finance organization.
- Directed financial planning and analysis, general accounting, and financial control.
- Managed general ledger, payroll, accounts receivable, bank reconciliation, cash flow, sales order entry, and invoicing.
- Directed all financial functions including preparation of financial statements, budgets, forecasting, and oversight of working capital to drive financial performance.
- Directed and managed annual budget and quarterly forecasting processing, including coordination with CEO and individual budget department heads.
- Provided support to senior management, contracts group, regional administrative staff, project managers, and proposal managers regarding audit issues, system improvements, policy changes, and compliance with FAR and CAS.
- Provided project management and operational oversight with program managers to identify schedule and cost variances and development corrective actions.
- Established and monitored internal controls and ensured accounting activities complied with legal, government, and company policies.
- Managed a staff of three, including accounts payable clerk, payroll clerk, and senior accountant.
- Led efforts for incurred cost submissions and coordination of government, internal, and external audits.
- A computer software company specializing in software development with $30 million in annual sales.
Project Controls Lead Analyst
URS Corporation
04.2009 - 06.2012
- Provided financial management support to the Pueblo Accelerated Construction Pilot Plant (PCAPP), including tracking, reporting, scheduling, budgeting, communications, and resource planning for projects of varying contract types and complexity, with values ranging from $60 million to $700 million.
- Developed and maintained cost and schedule baselines, milestone achievements, work breakdown structure (WBS), and resource-loaded networks as the micro-frame program manager administrator.
- Performed earned value analysis, integrated baseline review activities, and schedule analysis.
- Conducted critical path analysis and estimate at completion forecasting.
- Prepared detailed reports to senior leadership.
- Completed CPR formats 1 – 5 and submitted to management and customer.
- Interfaced with customer and various departments to obtain data for budget change authorizations (BCA), including guidance on proper use of BCA, pricing of cost elements, and compiling BCA packages with required documentation.
- Created and controlled EVMS manual, CWBS index, CWBS dictionary, budget logs for contract budget baseline (CBB), undistributed budget, BCA, and corrective actions.
- Provided technical support (instruction and guidance) on application of EVMS to CAMS and project management.
- Prepared work packages, including schedules, basis of estimate, and work authorization document.
- Developed, updated, and analyzed the performance measurement baseline.
- Interfaced with engineering and construction discipline leads in the development, integration, and progression of all work packages to produce data for earned value calculation of percent complete statistics.
- Considered the subject matter expert (SME) for setting up WBS, original budgets, and earned value system.
- Assisted in the conversion from Oracle Financial to Deltek Costpoint accounting software and implementation of Deltek.
Auditor
Defense Contract Audit Agency
01.1986 - 12.1990
- Review standard audit programs and steps, previous work papers, reports, guidance material, draft audit reports with findings and conclusions on the audit performed in accordance with agency procedures.
- Maintain audit working papers including preparation of schedules, summaries, and reconciliations as instructed or appropriate.
- Meet with subcontractor/supplier to explain audit purpose and obtain necessary information and data.
- Perform assigned audit steps such as tests and examinations of contractor's direct labor and material costs.
- Examine financial reports, records, ledgers, budgetary and historical data, and other documents against invoices, receipts, payroll slips, and other source documents.
- Verify appropriateness of charges for materials and labor and determine that transactions are properly recorded.
- Examine and test accounting systems and records, cost representations, internal controls, and management policies and practices to determine compliance with accounting principles, standards, and regulations.
- Evaluate cost proposals to determine allowability, reasonableness, and compliance with established laws and regulations.
- Document and evaluate detailed business processes and prepare comprehensive risk assessments.
- Compose formal reports of audit findings, conclusions and recommendations.
- Participate with other team members, providing updates on the status of audit assignments, sharing information, and identifying requisite revisions to the program and/or annual team goals.
- Perform subcontractor/supplier floor checks.
- Maintain professional manner and working relationships with team members, associates, contractor and other government personnel.
Education
MBA -
Webster University
01.2005
BA - Accounting, Finance
New Mexico Highlands University
01.1989
Skills
- Cost analysis and accounting
- Contract evaluation and management
- Financial calculations and standards
- Federal acquisition regulation
- Cost analysis
- Contract evaluation
- Cost accounting standards
- Federal Acquisition Regulation
- Financial calculations
- Procurement management
- Subcontractor negotiations
- Compliance management
- Multitasking Abilities
- Excellent communication
- Cost management
- Financial analysis
- Market research
- Microsoft Excel
- Variance analysis
- Cost control
- Audit preparation
- Budget forecasting
- Data analysis
- Cross-functional collaboration
- Effective communication
- Problem solving
- Attention to detail
- Pricing strategy
- Cost accounting
- Forecasting
- Decision-making
- Cost-benefit analysis
- Project management
- Negotiate contracts
- Compile cost data
- Teamwork and collaboration
- Contract management
- Process improvement
- Negotiation skills
- Time management abilities
- Procurement strategies
Citizenship
United States
Qualifications Summary
Over 30 years of experience providing procurement support to the Department of Energy (DOE) and the Department of Defense (DoD). Familiar with federal acquisition regulation (FAR), cost accounting standards (CAS), earned value management (EVMS), Project Controls, Program Management, policies and procedures, and internal controls, an experienced leader capable of collaborating with diverse and complex matrixed environment, such as Sandia National Laboratory (SNL), Los Alamos National Laboratory and Honeywell Aerospace. Familiar with Defense Contract Audit Agency (DCAA) requirements. Developed acquisition plans, requests for quotes (RFQ), executed project plans, and administered government contracts in highly regulated environments. Additionally, performed project controls functions, including work breakdown structure (WBS), assist with statement of work development, critical path analysis, and integrated baseline reviews.
Security Clearance
DoD Secret, inactive
Affiliations
- Committed community volunteer baseball coach for over 10 years.
Languages
English
Professional
Spanish
Professional
Timeline
Price Cost Analyst
TechSource, Inc.
01.2021 - 04.2025
Senior Procurement Engineer
TechSource, Inc.
01.2021 - 04.2025
USG Compliance Financial Analyst III
Vectrus Corporation
02.2019 - 12.2020
USG Compliance Manager
Cobham Semiconductor Solutions
08.2018 - 02.2019
Principal Cost Accountant
Honeywell Aerospace
03.2014 - 08.2018
Corporate Controller
RadiantBlue Technologies, Inc.
06.2012 - 11.2013
Project Controls Lead Analyst
URS Corporation
04.2009 - 06.2012
Auditor
Defense Contract Audit Agency
01.1986 - 12.1990
MBA -
Webster University
BA - Accounting, Finance
New Mexico Highlands University
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