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Cost Analyst Jobs in Indiana (NOW HIRING)

Clayco

Project Cost Manager

South Bend, IN · On-site

Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a ...

Zachry Group

Cost Manager

Kingsbury, IN · On-site

$113K - $160K/yr

The position requires strong communication, leadership, and analytical skills to collaborate with project stakeholders and drive positive project outcomes. The Cost Manager oversees the development ...

Zachry Group

Cost Manager

Kingsbury, IN · On-site

$113K - $160K/yr

The position requires strong communication, leadership, and analytical skills to collaborate with project stakeholders and drive positive project outcomes. The Cost Manager oversees the development ...

Linde

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 ...

Toyota

Inventory Management Analyst

Noblesville, IN · On-site

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 ...

TriMas Corporation

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 ...

TriMas Corporation

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 ...

Rieke Packaging Systems

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 ...

Linde

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 ...

Daifuku

Cost Accountant

Hobart, IN · On-site

$88K - $92K/yr

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 ...

Linde Group

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 ...

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Showing results 41-60

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 Aug 10, 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 August 2026, with employment types broken down into 78% Full Time, and 22% Contract. Highlights an 67% In-person, and 33% Hybrid job distribution, with an average salary of $82,131 per year, or $39.5 per hour.

Project Cost Manager

Clayco

South Bend, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 25 days ago

Clayco rating

7.5

Company rating: 7.5 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Job description

About Us
Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering, and construction firm that safely delivers clients across North America the highest quality solutions on time, on budget, and above and beyond expectations. With $8.1 billion in revenue for 2025, Clayco specializes in the "art and science of building," providing fast track, efficient solutions for mission critical, industrial, life sciences, power & energy, aviation, commercial, institutional, residential and sports & entertainment related building projects.
The Role We Want You For
As a Project Cost Manager, you will be assisting in the development and management of the project financial strategy. You will be working directly with the project management team to manage the project budget, costs, change orders, pricing requests, billings, and forecasts. You will be responsible for generating and maintaining reports that provide information to different groups, work with the management team to identify variances, risks and maintain quality control processes to improve project cost procedures and ensuring conformity with management's strategy.
The Specifics of the Role
  • Works with all project disciplines to ensure understanding of total project cost budget allowances and targets.
  • Review project documents and specifications to accurately identify, develop and track request of change orders (owner and subcontractor related), baseline estimates, potential risk exposures while communicating potential impacts to the financial targets, schedule, and overall project management process.
  • Works closely with the accounting department to ensure the correct integration of all information needed to ensure accuracy in billings, payment applications, change orders, direct cost, labor cost, etc.
  • Works closely with the project management team, executive management personnel, subcontractors, as well as occasional contact with clients.
  • Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a moderate degree of technical skill and experience.
  • Ensuring quality, accuracy, consistency, spend profile, performing change management, and transparency in all cost management deliverables.
  • Take ownership of the cost control function and ensure integrity of the cost and forecast reporting.

Requirements
  • Bachelor Degree in Business Administration, Engineering, or Construction Management, or related degree.
  • 5-10 years of Project Cost experience.
  • Minimum 4 years of experience in the construction industry.
  • Knowledge of project development stages, procurement, project controls, and construction execution practices is required.
  • Working knowledge of applicable computer software such as PMWeb or similar project portfolio management software, DataServ, Excel, JD Edwards, or related software programs.
  • Effective problem-solving skills.
  • Results oriented and deliver on customer commitments.
  • PMP certification desirable.

Some Things You Should Know
  • Our clients and projects are nationwide - Travel will be required.
  • No other builder can offer the collaborative design-build approach that Clayco does.
  • We work on creative, complex, award-winning, high-profile jobs.
  • The pace is fast!
  • This position is classified as a safety-sensitive role in accordance with applicable state and federal laws. Candidates selected for this position will be subject to a comprehensive background check, which includes mandatory drug testing.

Why Clayco?
  • 2025 Best Places to Work - St. Louis Business Journal, Los Angeles Business Journal, and Phoenix Business Journal.
  • 2025 ENR Top 400 - Top Data Center Contractor (Top 3).
  • 2025 ENR Top 100 Design-Build Firms - Design-Build Contractor (Top 5).
  • 2025 ENR Top 100 Green Contractors - Green Contractor (Top 3).

Benefits
  • Discretionary Annual Bonus: Subject to company and individual performance.
  • Comprehensive Benefits Package Including: Medical, dental and vision plans, 401k, generous PTO and paid company holidays, employee assistance program, flexible spending accounts, life insurance, disability coverage, learning & development programs and more!

Compensation
  • The salary range for this position considers a wide range of factors in making compensation decisions including but not limited to: Education, qualifications, skills, training, experience, certifications, internal equity, and location. Compensation decisions are dependent on the facts and circumstances of each case.

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