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Cost Analyst Jobs in Indiana (NOW HIRING)

VIVA USA INC

Cost Technician

Valparaiso, IN · On-site

Work with multiple departments to monitor, share and analyze data resulting in more accurate ... Works to implement cost preventive action. Perform standard project and special project cost ...

Synergy Staffing

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Financial Analyst / Cost Accountant

La Porte, IN · On-site

$70K - $90K/yr

Cost Accounting & Inventory Management * Analyze and maintain manufacturing inventory costs and inventory valuation. * Monitor inventory transactions and reconcile inventory accounts. * Investigate ...

AllSTEM Connections

Cost Technician

Valparaiso, IN · On-site

$68K - $89K/yr

Senior Cost Technician / Project Controls Analyst Role Overview We are seeking an experienced, detail-oriented Senior Cost Technician to serve as a cornerstone of our project controls team. In this ...

Alliance Group Technologies

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Cost Control Analyst

Wheatfield, IN · On-site

$32 - $42/hr

Cost Control Analyst Role Overview This position focuses on project cost control and financial tracking across multiple initiatives. You'll be responsible for reviewing invoices and timesheets ...

Astemo Ltd.

Cost Accountant

Greenfield, IN · On-site

$63K - $84K/yr

Conduct cost analysis for manufacturing based on requests for new business opportunities and improvements to existing programs, ensuring competitive and optimized pricing. * Develop, maintain, and ...

Robert Half

Cost Accountant

Plainfield, IN · On-site

$95K - $110K/yr

We are looking for an experienced Cost Accountant to join a manufacturing organization in ... Analyze production costs and maintain accurate product costing to support pricing, profitability ...

Motion Recruitment

Cost Controller

Valparaiso, IN · On-site

... Analyze cost data to support project forecasting and decision-making • Review invoices, timesheets, and contracts to identify and resolve discrepancies • Assist with annual budget preparation and ...

New

Robert Half

Cost Accountant

Indianapolis, IN · On-site

$100K - $110K/yr

Analyze manufacturing cost activity to ensure labor, material, and overhead are recorded accurately and reported in a timely manner. * Prepare cost reports and variance analyses that highlight ...

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Showing results 21-40

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 Sep 3, 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 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 Indiana?

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

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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?

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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 August 2026, with employment types broken down into 1% As Needed, 89% Full Time, 8% Part Time, and 2% Contract. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $82,131 per year, or $39.5 per hour.

Buyer/Cost Analyst - 2nd Procurement

Subaru

Lafayette, IN

Full-time

Re-posted yesterday

Subaru rating

6.8

Company rating: 6.8 out of 10

Based on 158 frontline employees who took The Breakroom Quiz

35th of 45 rated automakers

Job description

Buyer/Cost Analyst

2nd Procurement - Procurement Management

Position Summary:

This position is responsible for finding the most accurate cost to develop negotiation strategy, and use effective negotiation strategy to influence a party to adjust their position based on the analysis to align with accurate costs and mutually beneficial interests.

Outline of duties:

  • Responsible for supplier accounts with an average annual spend of $120 million
  • Leads in achieving company sourcing targets
    • Gains industry knowledge of commodity group and automotive industry trends
    • Creates long-term sourcing strategy for commodity group
    • Facilitates new supplier vetting (including on-site and financial audits)
    • Executes sourcing strategies through the sourcing decision making process
    • Reports and gains final approval up to executive level management
  • Leads company cost reduction activity
    • Cost structure and supply-chain analysis
    • Supplier production process evaluation and improvement activity
    • Supplier negotiation
    • Initiates VA/VE activity through collaboration with design & quality engineers
    • Contract management activity
    • Engineering change cost analysis and approval contract activity
  • Tactical support for supplier quality, delivery, development, packaging, AP/AR, and service parts
  • All other duties as assigned.

Minimum Qualifications:

  • Bachelor's degree in Supply Chain, Manufacturing, Business, Engineering, Finance, or a related field of study
  • Strong computer skills including Excel, Word, Access, and PowerPoint

Desired Qualifications:

  • Bachelor's degree plus 3-5 years relevant experience in Supply Chain, Manufacturing, Business, Engineering, Finance, or a related field of study
  • Understanding of Purchasing and product development process
  • Production process background/knowledge

Subaru of Indiana Automotive, Inc. is an equal opportunity employer committed to employing a diverse workforce.

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