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Cost Analyst Jobs in Indiana (NOW HIRING)

Cost Accountant

Elkhart, IN · On-site

$75K - $90K/yr

Worldwide Foam is seeking a Cost Accountant who thrives in a fast-paced environment and brings ... Analyze operational costs and provide key insightsMaintain and update standard costs for inventory ...

Cost Accountant

Indianapolis, IN · On-site

$62K - $83K/yr

Cost Accountant Speedway, IN United States req28902 What you will enjoy doing* * You will support ... You will analyze manufacturing variances, inventory transactions, labor utilization, scrap, and ...

Cost Analytics & Product Costing * Support standard cost maintenance, cost updates, and product cost roll-ups. * Assess inventory impacts on COGS, margins and working capital. * Provide cost and ...

Cost Accountant

Auburn, IN · On-site

$61K - $81K/yr

Analyze operational, material, labor, and overhead cost data; prepare variance, margin, and profitability reports; and provide decision support related to sales, gross margin, and volume and mix ...

Cost Accountant

Auburn, IN · On-site

$61K - $81K/yr

Analyze operational, material, labor, and overhead cost data; prepare variance, margin, and profitability reports; and provide decision support related to sales, gross margin, and volume and mix ...

Cost Accountant

Auburn, IN

$61K - $81K/yr

Analyze operational, material, labor, and overhead cost data; prepare variance, margin, and profitability reports; and provide decision support related to sales, gross margin, and volume and mix ...

Analyze and develop cost standards for materials and labor * Analyze manufacturing wastes and identify ways to reduce inventory and proactively communicate the findings to Management * Analyze ...

Cost Accountant

Indianapolis, IN

$59K - $79K/yr

... cost drivers to ensure accurate product costing ... You will analyze manufacturing variances, inventory transactions, labor utilization, scrap, and ...

Cost Accountant

Indianapolis, IN · On-site

$59K - $79K/yr

... cost drivers to ensure accurate product costing ... You will analyze manufacturing variances, inventory transactions, labor utilization, scrap, and ...

Showing results 41-60

Cost Analyst information

See Indiana salary details

$35.2K

$82.1K

$121.3K

How much do cost analyst jobs pay per year?

As of Aug 13, 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.

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 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:

Infographic showing various Cost Analyst job openings in Indiana as of August 2026, with employment types broken down into 50% Full Time, and 50% Contract. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $82,131 per year, or $39.5 per hour.

$62K - $83K/yr

Full-time

Posted 28 days ago


Job description

Location: Elkhart, IN
Job Type: Full-Time | Salary (Exempt)
Reports To: Controller

Are you passionate about numbers, manufacturing operations, and making an impact? Worldwide Foam is seeking a Cost Accountant who thrives in a fast-paced environment and brings expertise in cost accounting principles. If you're looking to contribute to a dynamic, inclusive team and take your finance career to the next level, we want to hear from you!

What You'll Do

As a Cost Accountant, you will play a critical role in managing and analyzing the company's product and process costs (COGS). You'll support strategic decision-making by delivering accurate financial insights and working closely with the operations team. Responsibilities include:

  • Analyze operational costs and provide key insights
  • Maintain and update standard costs for inventory and assembled goods
  • Report COGS results with expected vs. actuals to operations
  • Manage variance accounts and ensure internal controls compliance
  • Create and validate BOMs and new item entries
  • Perform ad-hoc analysis and cross-functional projects
  • Support finance and accounting team members when needed
What You Bring

We're looking for someone with strong analytical acumen, attention to detail, and a collaborative spirit. You should have:

  • Bachelor's degree in Accounting or Finance
  • 3+ years of cost accounting experience, ideally in manufacturing
  • Solid grasp of GAAP and cost accounting principles
  • Proficiency with ERP/costing systems (e.g., Oracle, SAP, or Dynamics)
  • Advanced Excel and financial modeling skills
  • Strong interpersonal and communication skills
  • Ability to meet deadlines in a high-pressure setting
Why Join Worldwide Foam?

At Worldwide Foam, you'll be part of a company that values continuous improvement, cross-functional collaboration, and employee development. As a Cost Accountant, you won't just maintain numbers-you'll help shape the financial insights that drive operational decisions. We foster a culture where initiative is encouraged, training is prioritized, and your contributions have real impact. If you're looking for a role where your analytical skills and attention to detail can influence company-wide performance, this is the place to grow.