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Cost Analyst Jobs (NOW HIRING)

CFS

Cost Analyst

Chillicothe, OH · On-site

$70 - $80K/hr

Cost Analyst Client is seeking a Cost Analyst to assist with cost accounting, inventory analysis, reconciliations, and financial reporting support during a temporary coverage assignment. Salary is ...

CFS

Cost Analyst

Chillicothe, OH

$70 - $80K/hr

Cost Analyst Client is seeking a Cost Analyst to assist with cost accounting, inventory analysis, reconciliations, and financial reporting support during a temporary coverage assignment. Salary is ...

Waypoint Human Capital

Cost Analyst

Aberdeen, MD · On-site

$105/hr

Cost Analyst Position Type: Full-time, On-Site Location: Aberdeen Proving Ground (APG), MD Clearance: Active Secret Description: Waypoint's client is seeking a Cost Analyst to serve as a subject ...

Tecolote Research

Cost Analyst

Arlington, VA · On-site

$85K - $95K/yr

Individual will perform a variety of cost and economic analysis. * Work may include cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis ...

Posted today

RSC2

Cost Analyst

Aberdeen Proving Ground, MD · On-site

$66K - $157K/yr

Perform cost analysis work. Work will include mastery of integrated cost analysis and cost estimating for life cycle cost estimate development, procurement, and operations as it relates to Research ...

Systems Planning and Analysis

Cost Analyst

Washington, DC · On-site +1

$80 - $112/hr

Specifically, you will provide cost analyst / cost estimating guidance, training, and mentoring to other less experienced SPA Cost Analysts / Cost Estimators in support of a radar program as well as ...

Instant Serve LLC

Cost Analyst

Huntsville, AL · On-site

Cost Analyst Location: Huntsville, AL ( Onsite) Duration : Full Time Pay : $79k/yr - 110k/yr on W2 The client is seeking motivated professionals to support dynamic U.S. Army acquisition efforts in a ...

The Carian Group

Cost Analyst

South Plainfield, NJ · On-site

Cost Analyst Location: New Jersey, Newark Hybrid - Up to 3 days in the office CARIAN is a forward-thinking energy efficiency program management consulting firm dedicated to pioneering sustainable ...

Tecolote Research

Cost Analyst

Arlington, VA · On-site

$85K - $95K/yr

Individual will perform a variety of cost and economic analysis. * Work may include cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis ...

Posted today

RSC2 INC

Cost Analyst

Aberdeen Proving Ground, MD

$66K - $157K/yr

Perform cost analysis work. Work will include mastery of integrated cost analysis and cost estimating for life cycle cost estimate development, procurement, and operations as it relates to Research ...

DHD Consulting

Cost Analyst

Englewood Cliffs, NJ

$76K - $93K/yr

Cost Analyst Position Level: Assistant Manager ~ Manager OVERALL SUMMARY OF THE POSITION The Cost Analyst serves as a key business partner to senior management, including the planning and finance ...

Tecolote Research

Cost Analyst

Arlington, VA · On-site

$85K - $95K/yr

Individual will perform a variety of cost and economic analysis. * Work may include cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis ...

Posted today

Ryde Technologies, LLC

Cost Analyst

Washington, DC · On-site

We are seeking a Cost Analyst to support the Department of State IT Governance Support Services Bureau of Consular Affairs. This position supports the decision-making framework for addressing several ...

Midrex Technologies, Inc

Cost Analyst

Charlotte, NC · On-site

The Cost Analyst provides detailed cost analysis support on Direct Reduction Iron (DRI) industrial plant projects. DRI plant projects can vary in types, sizes, complexities, and level of risks. The ...

Midrex Technologies, Inc

Cost Analyst

Charlotte, NC · On-site

The Cost Analyst provides detailed cost analysis support on Direct Reduction Iron (DRI) industrial plant projects. DRI plant projects can vary in types, sizes, complexities, and level of risks. The ...

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Cost Analyst information

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$37K

$86.3K

$127.5K

How much do cost analyst jobs pay per year?

As of Jul 31, 2026, the average yearly pay for cost analyst 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 are some common challenges faced by Cost Analysts in managing project budgets, and how can they be addressed?

Cost Analysts often encounter challenges such as incomplete data, shifting project scopes, and unexpected expenses that can impact budget accuracy. To address these issues, it's important to maintain clear communication with project managers and department heads, use reliable forecasting tools, and regularly review financial reports for discrepancies. Proactively identifying potential cost overruns and suggesting corrective actions helps ensure projects stay within budget and meet organizational financial goals.

What is the difference between Cost Analyst vs Financial Analyst?

AspectCost AnalystFinancial Analyst
Required CredentialsBachelor's in finance, accounting, or related field; often certifications like CMA or CPABachelor's in finance, economics, or related; certifications like CFA are common
Work EnvironmentCorporate finance, manufacturing, or government agencies focusing on cost controlInvestment firms, banks, or corporate finance departments analyzing financial data
Employer & Industry UsageUsed in industries with cost management needs such as manufacturing and logisticsUsed across finance sectors including banking, investment, and corporate finance

The main difference between a Cost Analyst and a Financial Analyst lies in their focus areas. Cost Analysts primarily concentrate on controlling and reducing costs within organizations, often working closely with operations. Financial Analysts analyze financial data to guide investment and business decisions. Both roles require similar educational backgrounds and certifications, but their work environments and objectives differ significantly.

What are the key skills and qualifications needed to thrive as a Cost Analyst, and why are they important?

To thrive as a Cost Analyst, you need strong analytical skills, a solid grasp of accounting principles, and typically a bachelor's degree in finance, accounting, or a related field. Proficiency in Excel, ERP systems (like SAP), and cost accounting software, along with certifications such as CMA (Certified Management Accountant), are often required. Attention to detail, problem-solving ability, and effective communication are crucial soft skills for interpreting data and presenting findings to stakeholders. These competencies are essential for delivering accurate cost analyses that support informed business decisions and enhance organizational efficiency.

What does a Cost Analyst do?

A Cost Analyst is responsible for examining and managing the costs associated with a company's operations, products, or projects. They analyze financial data, prepare cost reports, and work to identify areas where expenses can be reduced without compromising quality. Cost Analysts often collaborate with other departments to ensure budget adherence and provide recommendations for cost-saving strategies. Their work helps organizations make informed financial decisions and improve profitability.

What Does a Cost Analyst Do?

A cost analyst helps their company control expenses through financial research and analysis. In this job, your duties include analyzing the difference between company costs and standard costs, developing budgets, auditing financial transactions, conducting market research, and preparing reports for company leadership. One of your goals is to determine how to lower costs for the company. The qualifications for a career as a cost analyst include a bachelor’s degree in business administration or accounting, experience in cost accounting, and excellent analytical skills. Some employers may also require you to be a certified public accountant (CPA) to qualify for this job.

More about Cost Analyst jobs
What cities are hiring for Cost Analyst jobs? Cities with the most Cost Analyst job openings:
What are the most commonly searched types of Cost Analyst jobs? The most popular types of Cost Analyst jobs are:
Who are the top companies hiring for Cost Analyst jobs? The top employers for Cost Analyst jobs are:
What states have the most Cost Analyst jobs? States with the most job openings for Cost Analyst jobs include:
What job categories do people searching Cost Analyst jobs look for? The top searched job categories for Cost Analyst jobs are:
What are popular job titles related to Cost Analyst jobs? For Cost Analyst jobs, the most frequently searched job titles are:
Cost Analyst jobs near you
Infographic showing various Cost Analyst job openings in the United States as of July 2026, with employment types broken down into 89% Full Time, 6% Part Time, 1% Temporary, and 4% Contract. Highlights an 83% Physical, 7% Hybrid, and 10% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Cost Analyst

CFS

Chillicothe, OH • On-site

$70 - $80K/hr

Full-time

Re-posted 20 hours ago

Job description

Cost Analyst
Client is seeking a Cost Analyst to assist with cost accounting, inventory analysis, reconciliations, and financial reporting support during a temporary coverage assignment. Salary is $70-$80k, DOE

ABOUT OUR CLIENT

  • Established manufacturing organization with a long-standing presence in its industry
  • Collaborative accounting team with strong internal support and training resources
  • Fast-paced environment focused on operational efficiency and continuous improvement
  • Opportunity to work closely with cost accounting and manufacturing operations teams as a Cost Analyst
  • Excellent opportunity to gain hands-on manufacturing and cost accounting experience while supporting a critical business function


RESPONSIBILITIES OF THE COST ANALYST:

  • The Cost Analyst will prepare daily and weekly operational reports related to efficiency, overtime, and labor hours
  • The Cost Analyst will perform inventory reconciliations for major components along with balance sheet and account reconciliations
  • Conduct cost analysis and factor studies related to materials and production costs
  • Support month-end activities including journal entry preparation and other accounting support functions


PREFERRED QUALIFICATIONS FOR THE COST ANALYST ROLE:

  • Bachelor's degree in Accounting, Finance, or related field required, relevant cost accounting experience may be considered in lieu of degree
  • Strong understanding of GAAP accounting principles required
  • Manufacturing and/or cost accounting experience is a plus, not a must

Salary is $70-$80k, DOE
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