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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 ...

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SAP CO-PA Consultant [Cost Allocation]

$64.50 - $88/hr

SAP CO-PA Consultant [Cost Allocation] Location - REMOTE [possible site visit, expenses paid] Duration - Long Term [multi-year possible] Job Summary: We are seeking a highly skilled SAP CO-PA ...

Cost Analyst

Tempe, AZ · Hybrid

$94K - $119K/yr

Researching cost allocation trends including investigating inconsistencies in cost records and providing corrective action on a monthly basis. Developing and governing cost allocation processes for ...

Cost Modeling SME

Washington, DC · Remote

$130K - $160K/yr

Key Responsibilities • Lead the design, development, modernization, and sustainment of WCF cost allocation models for both legacy (formerly commodity-based) and programmatic IT shared services ...

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Cost Accountant

Waggaman, LA · On-site

$60K - $80K/yr

This role supports accurate financial reporting, assists with budgeting and forecasting, and ensures proper cost allocation across departments and projects. The ideal candidate will have experience ...

Cost Accountant

Waggaman, LA · On-site

$60K - $80K/yr

This role supports accurate financial reporting, assists with budgeting and forecasting, and ensures proper cost allocation across departments and projects. The ideal candidate will have experience ...

Cost Accountant

Waggaman, LA

$60K - $80K/yr

This role supports accurate financial reporting, assists with budgeting and forecasting, and ensures proper cost allocation across departments and projects. The ideal candidate will have experience ...

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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 Jul 5, 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 does cost allocation do?

Cost allocation is a process used by cost analysts and finance professionals to distribute indirect costs to different departments, projects, or products based on specific allocation bases. It helps organizations accurately assign expenses, improve budgeting, and analyze profitability. Proficiency in accounting principles and cost management tools is often required for this role.

What is employee cost allocation?

Employee cost allocation involves distributing employee-related expenses, such as salaries, benefits, and payroll taxes, to different departments, projects, or cost centers within an organization. This process helps organizations accurately track costs, manage budgets, and analyze financial performance. It often requires accounting software and a clear understanding of cost allocation methods and policies.

What is an example of cost allocation?

In cost allocation, a company might assign overhead costs, such as rent or utilities, to different departments based on their usage or size. For example, allocating electricity expenses proportionally to manufacturing and administrative areas helps in accurate cost tracking and pricing decisions.
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What states have the most Cost Allocation jobs? States with the most job openings for Cost Allocation jobs include:
Cost Allocation

Cost Allocation

Resource Consultings Services Inc

Jackson, MS • On-site

Contractor

Posted 25 days ago

Be an early applicant


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.