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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 ...

Sargent & Lundy

Lead Cost Analyst

Denver, CO · On-site

$118K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Description As a Capital Projects Lead Cost Analyst, you will apply your technical skills to meet project team and client needs for monitoring, analyzing, and reporting project cost performance. This ...

ENTRUST Solutions Group

Project Controls Cost Analyst

Denver, CO · On-site +1

$85K - $110K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are looking for Project Controls Cost Analysts in the Denver region to support our client, a major U.S. utility to help ensure the accuracy, consistency, and integrity of project controls across a ...

EN Engineering LLC

Project Controls Cost Analyst

Denver, CO · Hybrid

$85K - $110K/yr

We are looking for Project Controls Cost Analysts in the Denver region to support our client, a major U.S. utility to help ensure the accuracy, consistency, and integrity of project controls across a ...

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All JobsCost Analyst JobsCost Analyst Jobs in Colorado

Cost Analyst information

See Colorado salary details

$38.9K

$90.8K

$134.1K

How much do cost analyst jobs pay per year?

As of Aug 13, 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 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 are the most commonly searched types of Cost Analyst jobs in Colorado? The most popular types of Cost Analyst jobs in Colorado are:
What are popular job titles related to Cost Analyst jobs in Colorado? 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:
What cities in Colorado are hiring for Cost Analyst jobs? Cities in Colorado with the most Cost Analyst job openings:
What are popular job titles related to Cost Analyst jobs in CO? 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, and 3% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $90,758 per year, or $43.6 per hour.

Cost Analyst

Tecolote Research

Colorado Springs, CO • On-site

$60K - $90K/yr

Full-time

Re-posted 12 days ago

Job description

Overview
We're looking for talented individuals to join our Colorado Springs team who can translate their problem-solving acumen, mathematical forecasting skills, and data analytic background into well-structured cost analyses. At Tecolote Research we offer first class benefits, a competitive salary, collaborative and innovative work environments, along with opportuni-ties for growth and development. Plus, you'll be part of a team that's passionate about "Supporting our nation's most critical programs".
Responsibilities
  • 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 quality and accuracy.
  • You shall review, analyze, assess, and develop cost estimates for analytical studies and assessments of future concepts, existing programs, and architectures, providing insights to senior decision makers to inform and recommend acquisition and budget decisions. This includes the development, maintenance, and updating of pre-Milestone A cost estimates in support of analysis of alternatives (AoA) for SWAC architectures, issue papers/resource management decisions (RMD), Program Objective Memorandum (POM) inputs and project execution IAW DoD 5000.4-M, AFI 65-508, and Air Force Cost Risk and Uncertainty Analysis Handbook.
  • For each cost estimate, the Cost Analyst shall assess risks and apply uncertainty to cost estimates, align Work Breakdown Structure (WBS) elements IAW MIL-STD-881, use Government-approved cost tools/software such as Launch Vehicle Cost Model (LVCM), ACE-IT, SEER, and PRICE, apply data from Government-approved published databases (e.g. USCM) and existing program actual cost data to develop data driven estimating methodologies (including both software cost estimating and hardware cost estimating methodologies) whenever possible; and document the estimates.
  • You will also develop and apply statistical/mathematical methodologies and techniques in developing cost models (eg, cost factors, cost estimating relationships, etc).

Skills Required
  • 3-7 years of experience performing cost estimating activities for aircraft and/or spacecraft applications in the commercial, industrial, and/or military arena, which shall include duties/assignments specifically in support of space programs.
  • Working knowledge of Automated Cost Estimating Integrated Tools (ACEIT), and Microsoft Office Suite desured.
  • Bachelor's degree relevant to their area of expertise and desired in the following: Management, Business, Economics, Finance, and Accounting.
  • Professional Certification such as PE, PMP, ICEAA, and EVP is not required but highly recommended.
  • Active Secret security clearance with ability to upgrade to Top Secret is required.
  • Understanding of mission critical aspects of acquisition and DoD space programs/projects.
  • Knowledge of Higher Headquarters, Air Force, Space Command, processes and procedures is highly desired.
  • Knowledge of Air Force and Space Acquisition terminology is desired.
  • Salary Range: $60,000 - $90,000/year, DOE
  • Open until filled

Education
Bachelor's degree required, preferably in math, engineering, business, or the sciences.

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