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Cost Allocation Jobs (NOW HIRING)

Position: Cost Allocation Contractor Location: Jackson, MS (Primarily Remote (with a one-time 4-hour on-site training ) Duration: 3 Years Work Hours: 35 hours per week, Monday to Friday Key ...

$127 - $149/hr

## Senior Finance Lead - Cost Allocation & Strategic ProgramsApplylocations: Charlotte, NC: Minneapolis, MNtime type: Full timeposted on: Posted Todaytime left to apply: End Date: August 17, 2026 (6 ...

New

Cost Accountant

Washington, DC

$74K - $99K/yr

Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs). * Validate that costs are: * Allowable and reasonable * Properly documented * Compliant with federal grant ...

Cost Accountant

Washington, DC

$74K - $99K/yr

Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs). * Validate that costs are: * Allowable and reasonable * Properly documented * Compliant with federal grant ...

Cost Accountant

Washington, DC ยท On-site

$69K - $93K/yr

Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs). * Validate that costs are: * Allowable and reasonable * Properly documented * Compliant with federal grant ...

Cost Accountant

Washington, DC ยท On-site +1

$74K - $99K/yr

Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs). * Validate that costs are: * Allowable and reasonable * Properly documented * Compliant with federal grant ...

Cost Accountant

Washington, DC ยท On-site +1

$69K - $93K/yr

Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs). * Validate that costs are: * Allowable and reasonable * Properly documented * Compliant with federal grant ...

Cost Accountant

Washington, DC

$69K - $93K/yr

Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs). * Validate that costs are: * Allowable and reasonable * Properly documented * Compliant with federal grant ...

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Cost Allocation information

See salary details

$37K

$86.3K

$127.5K

How much do cost allocation jobs pay per year?

As of Aug 15, 2026, the average yearly pay for cost allocation in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 per year, depending on experience, location, and employer.

What is the difference between Cost Allocation vs Cost Analyst?

AspectCost AllocationCost Analyst
Primary RoleDistributing costs to departments or projects based on usageAnalyzing costs to identify trends and improve budgeting
Required SkillsAccounting principles, data analysis, financial softwareFinancial analysis, reporting, data interpretation
Work EnvironmentFinance or accounting departments, corporate settingsFinance teams, consulting firms, corporate finance
CertificationsCPA, CMA often preferredCPA, CMA, or similar financial certifications

Cost Allocation focuses on distributing expenses accurately across departments or projects, ensuring proper cost tracking. Cost Analyst, on the other hand, interprets financial data to support decision-making and budgeting. While both roles require financial expertise and certifications like CPA or CMA, their core functions differ: one allocates costs, the other analyzes them.

What is job cost allocation?

Job cost allocation is the process used by cost accountants and financial professionals to assign direct and indirect costs to specific jobs or projects. It helps organizations determine the true cost and profitability of each job, often using accounting software and cost tracking methods. Accurate allocation is essential for budgeting, pricing, and financial analysis.

What are examples of cost allocation?

Cost allocation involves assigning indirect costs to specific departments, projects, or products based on relevant bases such as labor hours, machine hours, or revenue. Common examples include allocating overhead expenses like rent, utilities, and administrative salaries to different cost centers to accurately determine product or service costs. Accurate cost allocation helps organizations analyze profitability and make informed financial decisions.

What are the three methods of cost allocation?

In cost allocation, the three common methods are direct allocation, which assigns costs directly to cost centers; step-down allocation, which allocates costs sequentially based on service relationships; and reciprocal allocation, which considers mutual services among departments. Cost accountants often use these methods to ensure accurate distribution of expenses across departments or projects.
More about Cost Allocation jobs

What cities are hiring for Cost Allocation jobs?

Cities with the most Cost Allocation job openings:

What states have the most Cost Allocation jobs?

States with the most job openings for Cost Allocation jobs include:

Infographic showing various Cost Allocation job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 7% Part Time, and 4% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Cost Allocation

Resource Consultings Services Inc

Jackson, MS โ€ข On-site

Contractor

Re-posted 7 days ago


Job description

Successful resources will have five or more years of experience in the following areas:

Experience in Medicaid Cost Allocation Plan (CAP) methodologies.

Experience in application of Medicaid Cost Allocation Plan (CAP) methodologies. Experience in federal administrative cost claiming.

Demonstrate experience in and knowledge of federal regulations, including, but not limited to:

  • 2 CFR 200 Uniform Administrative Requirements
  • Cost Principles
  • Audit Requirements for Federal Awards.

Experience in updating AlloCAP software configurations and settings.