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Cost Allocation Jobs (NOW HIRING)

Conflux Systems

Senior Cost Engineer

New London, CT · On-site

The ideal candidate will bring strong expertise in cost tracking , activity-based cost allocation , and construction cost control within complex infrastructure environments. Responsibilities: * Track ...

CIM Group, LP

Senior Analyst, Cost Allocations

Los Angeles, CA · On-site

$90K - $114K/yr

Acting as an architect and steward of CIM's cost allocation strategy, the Manager partners closely with IT, Accounting, Finance, Legal, and Compliance to design, refine, and operationalize a best-in ...

Charter Manufacturing Company

Cost Accountant

Shawano, WI · Hybrid

$61K - $82K/yr

Understanding ofUS GAAP, inventory valuation, and cost allocation. PREFERRED QUALIFICATIONS: * CPA, CMA, or MBA. * 6-8 years of experience in cost accounting and manufacturing environments.

Goldin Metals, Inc.

Cost Accountant

Gulfport, MS · On-site

$65K - $87K/yr

Develop, maintain, and monitor the cost accounting system, including inventory valuation and cost allocation * Analyze production and operational costs; identify and investigate variances between ...

Samsung

Wireless / Telecom Cost Analyst

Moonachie, NJ · On-site

Company Description • Support overall TEMS service including; but not limited to: • Telecom Invoice Validation and Payment Processing • Raw Data Validation and Cost Allocation • Telecom Cost ...

K2 Space

Cost Accounting Manager

Los Angeles, CA

$110K - $155K/yr

The Role The Cost Accounting Manager will assist financial leadership across manufacturing ... Help manage manufacturing overhead pools, allocation bases, and rates to ensure accuracy ...

K2 Space

Senior Cost Accounting Manager

Los Angeles, CA

$140K - $190K/yr

Manage manufacturing overhead pools, allocation bases, and rates to ensure accuracy, transparency ... Prepare detailed cost models to support new product introductions, pricing decisions, and program ...

1 point system

Cost Engineer

Spring, TX · On-site

Collaborate with finance and accounting teams to ensure accurate cost allocation, tracking of capital expenditures, and compliance with financial reporting requirements. * Develop and maintain ...

Bostondynamics

Cost & Inventory Accountant

Waltham, MA · On-site

$101K - $128K/yr

Establish, maintain and update effective manufacturing cost allocation and cost classification models with the Finance and Operations departments. * Manage the physical inventory and cycle counts to ...

Addison Group

Cost Accountant

Madison, WI · On-site

$66K - $88K/yr

Prepare inventory, manufacturing cost, and cost allocation journal entries during month-end and year-end close. * Assist with the annual budgeting and forecasting process by developing cost models ...

Addison Group

Cost Accountant

Madison, WI · On-site

$66K - $88K/yr

Prepare inventory, manufacturing cost, and cost allocation journal entries during month-end and year-end close. * Assist with the annual budgeting and forecasting process by developing cost models ...

Interon IT Solutions

Oracle EPCM Consultant

Chantilly, VA · Remote

$65 - $82/hr

Build and maintain profitability and cost allocation models. * Configure allocation rules, rule sets, calculation logic, drivers, POVs, dimensions, and model structures. * Work with Finance and FP&A ...

Yochana

Overhead Cost Allocation processing functionalities * Master Data and Groups of: Cost Center, Cost Element, SKF, etc. * Processing Plan and Actual data in Overhead Cost Controlling * Overhead Cost ...

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All JobsCost Allocation Jobs

Cost Allocation information

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$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.
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Cost Allocation jobs near you
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.

Senior Analyst, Cost Allocations

CIM Group, LP

Los Angeles, CA • On-site

$90K - $114K/yr

Full-time

Re-posted 15 days ago

Job description

ABOUT CIM GROUP:
CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 900+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

POSITION PURPOSE:

The Senior Analyst, Cost Allocations serves as a strategic partner and analytical leader driving visibility, accountability, and data‑driven decision‑making across CIM. This role sits at the intersection of finance, technology, and operations, shaping how the organization understands and deploys its corporate resources. Acting as an architect and steward of CIM’s cost allocation strategy, the Manager partners closely with IT, Accounting, Finance, Legal, and Compliance to design, refine, and operationalize a best‑in‑class allocation framework. This work supports enterprise planning, informs leadership decisions, and ensures the transparency required for stakeholders to understand the services, systems, and support activities driving their allocated costs. The ideal candidate is equal parts financial strategist, data translator, and operational problem solver—someone who thrives on simplifying complexity and influencing organizational outcomes.

RESPONSIBILITIES:
  • Lead the end-to-end allocation of enterprise cost pools, ensuring models, methodologies, and processes accurately reflect business activities and evolving strategic priorities.
  • Serve as the Company’s subject matter expert on allocation strategy, providing proactive guidance, thought partnership, and clear communications to stakeholders across all business units.
  • Analyze and synthesize complex data sets—financial, operational, and technological—to deliver actionable insights for senior leadership, department heads, and fund teams.
  • Collaborate with IT and data engineering teams to enhance system integrations, develop scalable tools, improve data quality, and validate allocation logic within technology solutions.
  • Produce compelling visualizations and reporting that highlight trends, cost drivers, efficiency opportunities, and value delivered across the organization.
  • Document business processes, partner with internal auditors, and ensure robust controls supporting accuracy, compliance, and enterprise‑level integrity.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
  • Bachelor's degree in Business Administration, Finance, Accounting, Economics, or a related field.
  • 4+ years of progressive experience in accounting, finance, audit, fund administration, or cost allocation environments.
  • Audit or fund compliance experience strongly preferred, including:
    • Reviewing and interpreting fund governing documents.
    • Applying professional judgment to ambiguous or principles‑based documentation.
  • Demonstrated ownership of a recurring or enterprise‑critical process, such as:
    • Corporate or departmental allocation cycles.
    • Fund billing processes.
    • Financial close workflows.
    • A cross‑functional or systems‑supported finance process.
  • Exceptional written and verbal communication skills and experience influencing stakeholders across all levels of an organization.
  • Proficiency with BI tools (e.g., Power BI, Tableau, Domo) supporting scalable analytical solutions.
ABOUT YOU:
  • A strategic thinker who enjoys untangling complexity and influencing decisions across a dynamic, multi‑stakeholder environment.
  • Highly analytical, yet also comfortable translating technical or data‑heavy concepts into compelling narratives.
  • Experience working closely with technology teams, including articulating business requirements, validating system outputs, and contributing to data‑driven product enhancements.
  • Naturally curious, detail‑oriented, and motivated to understand how processes, systems, and teams connect across the enterprise.
  • Able to balance recurring workflows with project‑based initiatives while managing deadlines effectively in a fast‑paced environment.
  • Comfortable working independently, taking ownership, and proactively identifying areas where clarity, improvement, or strategic insight is needed.
WHAT CIM OFFERS:

At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including:

  • A variety of Medical, dental, and vision benefit plans
  • Health Savings Account with a generous employer contribution
  • Company paid life and disability insurance
  • 401(k) savings plan, with company match
  • Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
  • Up to 16 hours of volunteer time off
  • Up to 16 weeks of Paid Parental Leave
  • Ongoing professional development programs
  • Wellness program, including monthly and quarterly prizes
  • And more!
Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required. At CIM, base pay is one part of the total compensation package. This role is eligible for bonus pay in addition to base salary. The anticipated base salary range for the position in Los Angeles, CA is $100,000 - $120,000.
 
 
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HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
 
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
 
CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.
 
CIM does not accept unsolicited resumes from Agencies.  Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid.  If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.