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Cost Analyst Jobs in Arizona (NOW HIRING)

Cost Analyst

Tempe, AZ · Hybrid

$94K - $119K/yr

Building and maintaining Oracle Profitability and Cost Management (PCMCS) architecture. Entering expense data, performing analysis, creating reports and performing reconciliation using Hyperion ...

The Project Cost Analyst will support project teams with timely, accurate and meaningful financial information. The Project Cost Analyst undertakes all aspects of financial project management ...

The Project Cost Analyst will support project teams with timely, accurate and meaningful financial information. The Project Cost Analyst undertakes all aspects of financial project management ...

Role Purpose Our Senior Cost Analyst is responsible for supporting the assistant plant controller in the timely and accurate completion of finance deliverables and partnering with plant operations ...

New

Role Purpose Our Senior Cost Analyst is responsible for supporting the assistant plant controller in the timely and accurate completion of finance deliverables and partnering with plant operations ...

New

Principal Cost Accountant

Tempe, AZ · On-site

$62K - $83K/yr

Responsible for the preparation and analysis of cost proposals and costing audits. Examines and reviews unusual cost records and ensures cost data is allocated correctly. Requires a bachelor's degree ...

Analyst, Ops Tax & Cost Basis

Tempe, AZ · Remote

$25.75 - $42.88/hr

The Cost Basis and Tax Analyst will conduct routine analysis and tests of various components of a quality control program comprised of data analysis, systems evaluation, and quality technology. This ...

Analyst, Ops Tax & Cost Basis

Tempe, AZ · On-site

$25.75 - $42.88/hr

The Cost Basis and Tax Analyst will conduct routine analysis and tests of various components of a quality control program comprised of data analysis, systems evaluation, and quality technology. This ...

Provides financial analyses related to budgets, forecasting, allocation of expenses, ad hoc analysis for business case development and custom financial analyses, peer group analysis and internal ...

New

Cost Accounting Manager

Mesa, AZ · On-site

$94K - $122K/yr

This position manages a Cost Analyst and an AP Analyst/Accountant and plays a critical role in maintaining financial integrity while driving continuous improvement throughout the manufacturing and ...

Cost Accounting Manager

Mesa, AZ · On-site

$125K - $135K/yr

This position manages a Cost Analyst and an AP Analyst/Accountant and plays a critical role in maintaining financial integrity while driving continuous improvement throughout the manufacturing and ...

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Showing results 1-20

Cost Analyst information

See Arizona salary details

$34.5K

$80.4K

$118.8K

How much do cost analyst jobs pay per year?

As of Aug 24, 2026, the average yearly pay for cost analyst in Arizona is $80,433.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,800.00 and $93,700.00 per year, depending on experience, location, and employer.

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.

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 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 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.

How much does a cost analyst make?

The average salary for a cost analyst is around $65,000 to $75,000 per year, depending on experience, location, and industry. Entry-level positions typically start lower, while experienced analysts or those with specialized skills can earn over $85,000 annually.

What degree do you need to be a cost analyst?

A cost analyst typically needs at least a bachelor's degree in finance, accounting, economics, or a related field. Some employers prefer candidates with a master's degree or professional certifications such as the Certified Management Accountant (CMA) or Certified Public Accountant (CPA). Strong analytical skills and proficiency with spreadsheets and data analysis tools are also important.

What are the most commonly searched types of Cost Analyst jobs in Arizona?

The most popular types of Cost Analyst jobs in Arizona are:

What cities in Arizona are hiring for Cost Analyst jobs?

Cities in Arizona with the most Cost Analyst job openings:

What are popular job titles related to Cost Analyst jobs in AZ?

For Cost Analyst jobs in AZ, the most frequently searched job titles are:

Infographic showing various Cost Analyst job openings in Arizona as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 8% Part Time, 2% Temporary, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $80,433 per year, or $38.7 per hour.

Full-time

Retirement, PTO

Re-posted 6 days ago


Job description

AURA is hiring a Cost Analyst who will be responsible for supporting AURA’s Indirect cost and rate management including development, performing and reviewing cost allocations, financial analysis and reporting for corporate functions and completing ad hoc financial analysis. The role requires the ability to work effectively under tight deadlines, extreme attention to detail, and consistently accurate, high-quality financial analyses. Serves as a point of contact in conducting audits and reviews as required by AURA and NSF. supports the development or runs the modeling of indirect cost recovery rates for application to the AURA Corporate Office and AURA NSF funded Center activity and serves as point of contact during negotiation of the rates with NSF.

 Essential Functions
  • Support AURA’s Indirect Costs & Rates:
    • Responsible for maintaining monthly NICRA rate and allocation modeling. Use financial module to reconcile and identify any pool or account setup issues, work with stakeholders to make adjustment in Costpoint to fix the issues.
    • Perform in-depth financial analysis of indirect and fringe costs against OMB and FAR cost regulations
    • Calculate indirect cost recovery rates for application to AURA NSF funded Center activity. Ensuring appropriate application in the application of provisional and provisional to final reconciliation.
    • Support the preparation of annual NICRA rates proposal, Incurred Cost Submission (ICS) preparation and incurred cost audits (ICAs).
    • Track progress of indirect rate negotiations and indirect and fringe rates in the context of total budget submissions
    • Support AURA’s indirect rate development and modeling during quarterly forecast and annual budgeting process
  • Responsible for Service Center monitoring and management:
    • Serve as a primary point of contact for departments and personnel regarding the development of service center budgets.
    • Review service center budgets in comparison to actual cost in the evaluation of its appropriateness.
    • Review service center actual costs for appropriateness and allowable transactions
    • Manage and communicate with departments regarding the annual internal rate development of service centers and review/approve with leadership.
  • Support and manage incoming audits:
    • Coordinates and is the primary point of contact in conducting audits and reviews as required by AURA and NSF.
    • Interact with the various government agencies concerning compliance and reporting issues.
  • Act as a primary point of contact and subject matter expert in uniform guidance and policies:
    • Interface with programmatic, contracts, and finance teams daily to resolve any outstanding cost issues and assist the programmatic teams with any specific performer financial
    • Provide compliance, financial, and budget analyses as appropriate both for senior management and for departments.
    • Assist in the development of internal control policies, procedures and record keeping systems that are in compliance with all relevant laws, rules, regulations and AURA CAS policies and procedures.
    • Assists in monitoring compliance with Uniform Guidance 2 CFR 200 and other internal policies and procedures. Recommend changes to policies and procedures where needed, as applicable and appropriate.
  • Manage and/or perform periodical or ad hoc financial data analysis, queries, reconciliations and reports as needed from AURA’s senior management or to satisfy external client or audit requests.
  • Additional responsibilities may be assigned as business needs evolve.
  • All AURA employees are responsible for the proper management and control of all AURA property within their work area, whether assigned to them or someone else. This responsibility includes reporting any known missing, stolen, or non-working property in their work area to their supervisor or the AURA Property Officer.
  • Responsible for ensuring compliance with government award terms and conditions assigned to this position. 
 Other Functions
  • Other duties as assigned
 Required Education/Experience/Skills/Abilities
  • Bachelor’s degree and five years of relevant professional experience or master’s degree and three years of relevant professional experience
  • Audit experience either as an auditor or managing an incoming audit.
  • Experience in US Government Cost Accounting principles and/or indirect rate models.
  • High proficiency in MS Excel (e.g., formulas, pivot tables, tables and graph production) and in MS PowerPoint.
  • Strong analytical skills
  • Ability to write precisely and concisely
  • Ability to influence and work in a support role
  • Ability to prioritize work and meet deadlines
  • Ability to work independently and under high pressure
  • Equivalent education and experience will be considered.
 Preferred Education/Experience/Skills/Abilities
  • Experience with DELTEK/Costpoint
  • Working knowledge of COGNOS/BI8.
Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • While performing the duties of this job, the employee is regularly required to sit, use hands and fingers to handle or feel objects, and communicate verbally and listen effectively.
  • The employee may occasionally be required to stand, walk, reach, stoop, kneel, crouch, or crawl.
  • The employee must be able to regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
  • Specific vision abilities required include close vision, depth perception, and the ability to adjust focus.
  • The employee must have sufficient mobility, strength, and dexterity in both arms, hands, and legs to reach in multiple directions, handle paper files, and operate standard office equipment, including computers, copiers, and other office tools.
Salary Range: $90,000-$120,000 per year. The final salary will depend on skills, qualifications and experience.
 
AURA offers an excellent benefits package including paid time off and retirement plan contributions, competitive salary commensurate with experience, and a very attractive work environment. Details on benefits can be found at Benefits by Location - Aura Human Resources
 

This position will remain open until it is filled. Please submit a cover letter and a CV or resume, PDF files preferred. 

Individuals needing assistance with the employment process can request assistance here.