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Cost Analyst Jobs in Indiana (NOW HIRING)

CFS

Cost Analyst

La Porte, IN

$80K - $90K/yr

This fully onsite role will support financial planning, cost analysis, budgeting, forecasting, and operational decision-making within a manufacturing environment. The ideal candidate will have 2-5 ...

CFS

Cost Analyst

La Porte, IN · On-site

$80K - $90K/yr

This fully onsite role will support financial planning, cost analysis, budgeting, forecasting, and operational decision-making within a manufacturing environment. The ideal candidate will have 2-5 ...

Linde

Cost Analyst

East Chicago, IN

You will partner with cost center leaders to develop budgets and analyze financial trends to support decision-making. * Conduct ad hoc analyses on operational trends (headcount, fixed costs, work ...

Linde Group

Cost Analyst

East Chicago, IN · On-site

You will partner with cost center leaders to develop budgets and analyze financial trends to support decision-making. * Conduct ad hoc analyses on operational trends (headcount, fixed costs, work ...

Linde Group

Cost Analyst

Indianapolis, IN · On-site

You will prepare reports, cost models, financial analyses, and supporting documentation to assist leadership with operational decision-making and continuous improvement initiatives. * You will ...

Linde

Cost Analyst

Indianapolis, IN · On-site

You will prepare reports, cost models, financial analyses, and supporting documentation to assist leadership with operational decision-making and continuous improvement initiatives. * You will ...

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All JobsCost Analyst JobsCost Analyst Jobs in Indiana

Cost Analyst information

See Indiana salary details

$35.2K

$82.1K

$121.3K

How much do cost analyst jobs pay per year?

As of Jul 16, 2026, the average yearly pay for cost analyst in Indiana is $82,131.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,100.00 and $95,600.00 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 Indiana? The most popular types of Cost Analyst jobs in Indiana are:
What are popular job titles related to Cost Analyst jobs in Indiana? For Cost Analyst jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Cost Analyst jobs in Indiana look for? The top searched job categories for Cost Analyst jobs in Indiana are:
What cities in Indiana are hiring for Cost Analyst jobs? Cities in Indiana with the most Cost Analyst job openings:
What are popular job titles related to Cost Analyst jobs in IN? For Cost Analyst jobs in IN, the most frequently searched job titles are:
Cost Analyst jobs near you
Infographic showing various Cost Analyst job openings in Indiana as of July 2026, with employment types broken down into 87% Full Time, and 13% Contract. Highlights an 92% In-person, and 8% Hybrid job distribution, with an average salary of $82,131 per year, or $39.5 per hour.
Cost Analyst

Cost Analyst

CFS

La Porte, IN

$80K - $90K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 days ago

Job description

Financial Analyst

Location: LaPorte, Indiana (Fully Onsite)
Salary Range: $80,000 - $90,000

Position Overview

We are seeking a motivated and analytical Financial Analyst to join our growing manufacturing team in LaPorte, Indiana. This fully onsite role will support financial planning, cost analysis, budgeting, forecasting, and operational decision-making within a manufacturing environment. The ideal candidate will have 2-5 years of experience in manufacturing accounting or finance, strong cost accounting exposure, and the ability to translate financial data into actionable business insights.

This is an excellent opportunity for a finance professional looking to expand their analytical skills, gain exposure to plant operations, and contribute to the financial success of a dynamic manufacturing organization.

Key Responsibilities
  • Analyze manufacturing costs, inventory, labor, and overhead variances to identify trends and improvement opportunities.
  • Assist with budgeting, forecasting, financial reporting, and monthly performance analysis.
  • Partner with operations and plant leadership to provide financial insights that support business decisions and profitability initiatives.
  • Support month-end close activities, including journal entries, account reconciliations, and financial analysis.
  • Develop and maintain financial models, KPI reporting, and ad hoc analysis to support strategic planning and operational performance.
Qualifications
  • Bachelor’s Degree in Accounting required.
  • 2-5 years of experience in financial analysis, cost accounting, or manufacturing finance.
  • Experience within a manufacturing environment with strong understanding of cost accounting principles.
  • Advanced Excel skills and strong analytical/problem-solving abilities.
  • Excellent communication skills with the ability to interact effectively across departments.
Preferred Qualifications
  • Experience with ERP systems and manufacturing reporting tools.
  • Exposure to budgeting, forecasting, inventory analysis, and variance reporting.
  • Ability to work independently while managing multiple priorities in a fast-paced environment.
Benefits
  • Competitive salary of $80,000 - $90,000
  • Medical, Dental, and Vision Insurance
  • 401(k) with Company Match
  • Paid Time Off and Holidays
  • Professional Development Opportunities
  • Stable and Collaborative Manufacturing Environment

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