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Cost Analyst Jobs in Colorado (NOW HIRING)

Tecolote Research

Cost Analyst

Colorado Springs, CO · On-site

$60K - $90K/yr

As a Cost Analyst, you will perform a wide range of duties from building oral/written presentations for high ranking acquisition leaders to performing in-depth complex analyses with a high degree of ...

Tecolote Research

Senior Cost Analyst

Colorado Springs, CO · On-site

$90K - $130K/yr

As a Senior Cost Analyst, you will be the go-to person in support of large-scale DoD acquisition programs. We are looking for motivated teammates who thrive in fast paced, dynamic settings and can ...

Tecolote Research

Senior Cost Analyst

Colorado Springs, CO · On-site

$90K - $130K/yr

Review, analyze, assess, and develop cost estimates for analytical studies and assessments of future concepts, existing programs, and architectures * Provide insights to senior decision makers to ...

Parkson Corp.

Cost Estimator

Golden, CO · On-site

Cost Analysis * Maintain labor standards, estimating databases, routing information, and historical cost records. * Analyze actual project costs versus estimates and recommend improvements. * Develop ...

SCRAM Systems

Cost Accountant

Englewood, CO · On-site

$82K - $100K/yr

Manageaccurate cost analysis/reporting and provide insight to support informed decisions. This includes monitoring transactions associated with purchasing, production, inventory, and distribution.

Parkson-Corporation-Sdn-Bhd-

Cost Estimator

Golden, CO · On-site

$77 - $85/hr

Cost Analysis * Maintain labor standards, estimating databases, routing information, and historical cost records. * Analyze actual project costs versus estimates and recommend improvements. * Develop ...

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Cost Analyst information

See Colorado salary details

$38.9K

$90.8K

$134.1K

How much do cost analyst jobs pay per year?

As of Sep 2, 2026, the average yearly pay for cost analyst in Colorado is $90,758.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,100.00 and $105,700.00 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.
More about Cost Analyst jobs

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

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

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

What job categories do people searching Cost Analyst jobs in Colorado look for?

The top searched job categories for Cost Analyst jobs in Colorado are:

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Cities in Colorado with the most Cost Analyst job openings:

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

Cost Analyst jobs near you
Infographic showing various Cost Analyst job openings in Colorado as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 9% Part Time, 1% Temporary, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $90,758 per year, or $43.6 per hour.

Cost Analyst

PCI Professional Services LLC

Colorado Springs, CO • On-site

$117K - $129K/yr

Full-time

Posted 19 days ago

Job description

PCI Professional Services is seeking a Cost Analyst to support an upcoming contract in Colorado Springs. This role is fully onsite and reports to the Program Manager. Position is contingent upon contract award.
Responsibilities:
  • Supports financial planning, cost control, and affordability analysis for complex mission-critical IT and engineering programs.
  • Develops and maintains cost estimates, budgets, forecasts, and scenario models
  • Tracks actual performance against approved baselines
  • Analyzes variances, trends, and cost drivers to identify risks and opportunities.
  • Prepares and evaluates Earned Value Management metrics, including CPI and SPI, and translates findings into clear, actionable recommendations for program leadership.
  • Working closely with program management, engineering, logistics, contracts, and finance teams, the Cost Analyst assesses repair-versus-replacement decisions, resource needs, contract modifications, and other program tradeoffs.
  • Supports recurring financial reporting, validates data integrity, documents assumptions, and communicates cost impacts to stakeholders.
Qualifications:
  • Bachelor’s degree in finance, accounting, economics, or a related field
  • At least five years of relevant experience
  • Must have and maintain an active DoD TS/SCI clearance
  • Strong Excel and quantitative-analysis skills
PCI Federal (PCIF) and its subsidiaries are an equal-opportunity employer. PCIF does not discriminate on the basis of age, sex, race, national origin, religion, marital status, sexual orientation or identity, Veterans or Disability status.
Preference may be extended to qualified Native American Indian candidates in accordance with applicable federal law.

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