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Cost Allocation Jobs in Massachusetts (NOW HIRING)

$128K - $191K/yr

Provide cost of service studies, cost allocation analysis and rate design modeling and analysis for mainly gas and electric utilities across North America * Create written reports and analyses on ...

Cost Analyst

Westwood, MA · Hybrid

$90K - $110K/yr

Development of units of property and cost allocation. * Review with Project Team to determine Project Scope * Review Engineered IFC Spec packages to determine detail of assets installed * Coordinate ...

Cost Analyst

Westwood, MA · Hybrid

$90K - $110K/yr

Development of units of property and cost allocation. * Review with Project Team to determine Project Scope * Review Engineered IFC Spec packages to determine detail of assets installed * Coordinate ...

Cost Analyst

Westwood, MA · On-site

$90 - $110/hr

Development of units of property and cost allocation. * Review with Project Team to determine Project Scope * Review Engineered IFC Spec packages to determine detail of assets installed * Coordinate ...

Cost Analyst

Westwood, MA · On-site

$90K - $110K/yr

Development of units of property and cost allocation. * Review with Project Team to determine Project Scope * Review Engineered IFC Spec packages to determine detail of assets installed * Coordinate ...

Cost Analyst

Westwood, MA · On-site

$90K - $110K/yr

Development of units of property and cost allocation. * Review with Project Team to determine Project Scope * Review Engineered IFC Spec packages to determine detail of assets installed * Coordinate ...

FinOps Engineer

Kendall Square, MA · On-site

$170 - $220/hr

This is an opportunity to define how Blitzy thinks about cost as we scale -- from forecasting and tagging standards to the cost allocation platform that powers our unit economics. What Success Looks ...

FinOps Engineer

Cambridge, MA · On-site

$170 - $220/hr

This is an opportunity to define how Blitzy thinks about cost as we scale -- from forecasting and tagging standards to the cost allocation platform that powers our unit economics. What Success Looks ...

Cost Accounting Manager

Norwood, MA · Hybrid

$107K - $139K/yr

The Role We are seeking an experienced Cost Accounting professional with deep expertise in SAP S/4HANA cost accounting, product costing, overhead allocation, inventory accounting, manufacturing ...

Cost Accounting Manager

Norwood, MA · On-site

$107K - $139K/yr

The Role We are seeking an experienced Cost Accounting professional with deep expertise in SAP S/4HANA cost accounting, product costing, overhead allocation, inventory accounting, manufacturing ...

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Showing results 1-20

Cost Allocation information

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 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 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 by tracking expenses such as labor, materials, and overhead. Accurate allocation requires understanding of cost drivers and often involves using accounting software or spreadsheets.

What cities in Massachusetts are hiring for Cost Allocation jobs?

Cities in Massachusetts with the most Cost Allocation job openings:

Infographic showing various Cost Allocation job openings in Massachusetts as of July 2026, with employment types broken down into 1% As Needed, 90% Full Time, 6% Part Time, and 3% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution.

Principal Consultant - Utility Cost of Service/Rate Design Specialist

Concentric Energy Advisors, Inc.

On-site, Remote

$128K - $191K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago


Job description

Job Title: Principal Consultant - Utility Cost of Service and Rate Design Specialist
Location: Marlborough, MA or Washington, DC; also open to remote employees
Company Description:
Concentric Energy Advisors, Inc. ( www.ceadvisors.com ) (�Concentric�) is an employee-owned leading management consulting and financial advisory firm focused on the North American energy and utility industries. Concentric specializes in financial advisory assignments; market assessment and strategy development; ratemaking and utility regulation; litigation support; and management and operations consulting. Concentric was founded in 2002 and is headquartered in Marlborough, MA with additional offices in Washington, DC and Calgary.
We offer a highly competitive base and incentive compensation bonus package, along with a comprehensive benefits package which includes vacation time, 401(k) retirement plan with company matching contribution, flexible spending accounts, top notch health/dental/vision insurance programs, and tuition reimbursement, along with access to training opportunities to support professional growth objectives. In addition, we immerse our employees in a hard-working, collegial and cooperative culture with the opportunity to become a shareholder in the firm.
We are looking for a Principal Consultant - Utility Cost of Service/Rate Design Specialist. We are open to hiring this person for our Marlborough, MA or Washington, DC office, or remotely.
Job Description:
The Principal Consultant - Utility Cost of Service/Rate Design Specialist will provide cost of service studies, cost allocation, and rate design modeling and analysis for utilities across North America.
Responsibilities:
  • Provide cost of service studies, cost allocation analysis and rate design modeling and analysis for mainly gas and electric utilities across North America
  • Create written reports and analyses on rate design and cost of service studies
  • May provide written testimony or provide expert witness testimony on rate design and cost of service for utility clients filing rate cases with state public utility commissions
  • May create written proposals for clients on project scope
  • May provide project management and oversight for cost of service and rate design projects
  • Occasional travel to client sites as needed, typically throughout the US and Canada

Requirements:
  • Bachelor's Degree required, ideally in Economics, Math, Finance, Statistics, or Engineering
  • Master's Degree or MBA a plus
  • 10+ years� experience in rate design and cost of service studies, either at a consulting firm, at a utility or on a public utilities commission
  • Strong knowledge of utility regulatory policies and practices, tariffs, rate cases and filings
  • Experience with revenue requirements and cost of capital
  • Experience writing or providing expert witness testimony for utility rate cases
  • Willingness to travel to client sites as needed
  • Very strong communication and presentation skills, including Microsoft Office suite

Depending on the level hired, the base salary for this role will typically fall between $128,000 to $191,000 plus annual incentive compensation bonus.
We are looking for employees who are collegial and collaborative, enjoy working in a team environment, and have the ability to also operate independently. We need people with strong attention to detail and organizational skills, as well as the ability to prioritize your own workload, while maintaining accuracy, consistency and confidentiality. If you enjoy problem solving and analytical thinking, and have experience in the energy/utilities world, Concentric may be the place for you.
We value diversity � in backgrounds and in experiences. Energy is a universal concern, and we need people from all backgrounds to help build the future of energy. Concentric's consulting team is welcoming to all walks of life.
From Concentric's inception, Diversity & Inclusion have always been key to our success. We are an Equal Opportunity Employer and our employees have different strengths, experiences and backgrounds, who share a passion for the energy space. We are committed to providing equal opportunity for all employees and applicants. Concentric recruits, hires, trains, promotes, compensates and administers all employment actions without regard to race, color, religion, sex, sex stereotyping, pregnancy, gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, orientation, genetic information or any other status protected by applicable law. All of our employee's points of view are key to our success, and inclusion is everyone's responsibility. We encourage applicants from all backgrounds to apply.
Interested candidates should apply with their resume. Writing samples may be requested to complete the application process.
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