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Cost Analyst Jobs in Michigan (NOW HIRING)

Technomics Inc

Cost Analyst

Troy, MI · On-site

Technomics is a growing employee-owned, decision analytics company that specializes in cost and economic analysis to facilitate better decisions faster . We enable a wide range of clients across the ...

Technomics

Cost Analyst

Troy, MI · On-site

Technomics is a growing employee-owned, decision analytics company that specializes in cost and economic analysis to facilitate better decisions faster . We enable a wide range of clients across the ...

Brightwing

Cost Analyst

Detroit, MI

$50 - $65/hr

Supports contract administration in the change control process by performing cost reviews. Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.

Masco Corporation

Cost Analyst

Novi, MI · On-site

$56K - $89K/yr

The Cost Analyst supports BrassCraft's Plant Operations and Finance teams by providing cost accounting, financial analysis, and operational reporting support to help achieve business objectives. This ...

Walbridge

Cost Analyst

Detroit, MI · On-site

Overview As Cost Analyst, you will support of high-volume construction projects and be responsible for processing invoices across a range of small construction projects. You'll provide insights into ...

Aston Carter

Cost Analyst

Auburn Hills, MI

$43.77/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Minimum 5 years of experience in Purchasing Finance, Product Finance, Vehicle Cost Engineering, Plant Cost Analyst, or a comparable analytical role. * Proven ability to develop, validate, and defend ...

Apex Systems

Cost Analyst

Auburn Hills, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Minimum 5 years of experience in Purchasing Finance, Product Finance, Vehicle Cost Engineering, Plant Cost Analyst, or a comparable analytical role. Proven ability to develop, validate, and defend ...

Aston Carter

Cost Analyst

Auburn Hills, MI · On-site

$43.77/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Qualifications • Bachelor's degree in Finance, Economics or Accounting. • Minimum 5 years of experience in Purchasing Finance, Product Finance, Vehicle Cost Engineering, Plant Cost Analyst, or a ...

Reliance One

Job Cost Analyst

Grand Rapids, MI

$65K - $90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Job Cost Analyst Big Rapids, Michigan, United States On Site Full Time | Direct Hire Salary: $65,000-$90,000 annually Position Overview Reliance One, Inc. is seeking an experienced Job Cost Analyst ...

Gentex

Cost Analyst II

Zeeland, MI · On-site

POSITION OVERVIEW The Cost Analyst II is responsible for providing Cost of Goods Sold information to Commercial Managers and Program Management regarding existing technologies by using their ...

Ford Motor Company

Lifecycle Cost Analyst

Allen Park, MI · Hybrid

$162K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

You will support program teams to manage Material Cost over the lifecycle of the program. You'll ... Advanced proficiency in Microsoft Excel (e.g., data analysis, pivot tables, and complex formulas ...

Walbridge

Senior Cost Analyst - Construction

Detroit, MI · On-site

$82K - $104K/yr

Overview The Opportunity As Senior Cost Analyst-Construction, you will be responsible for managing project cost control activities to ensure accurate financial reporting, proactive cost management ...

Walbridge

Senior Cost Analyst - Construction

Detroit, MI · Hybrid

$82K - $104K/yr

Overview The Opportunity As Senior Cost Analyst-Construction, you will be responsible for managing project cost control activities to ensure accurate financial reporting, proactive cost management ...

Walbridge

Senior Cost Analyst - Construction

Detroit, MI · Hybrid

$82K - $104K/yr

The Opportunity As Senior Cost Analyst-Construction, you will be responsible for managing project cost control activities to ensure accurate financial reporting, proactive cost management, and ...

Ford Motor Company

Cost Engineering/Analyst

Dearborn, MI · Hybrid

$74K - $166K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

A Ford Cost Estimator is a technical manufacturing specialist responsible for predicting and analyzing the total cost of vehicle components, systems, and manufacturing processes. Ford utilizes ...

Career Site

Cost Improvement Analyst

Northville, MI

Cost Improvement Analyst Company: AISIN World Corp. of America Department: Strategic Cost & Profit Management, VA/VE SSA Location: Northville, MI Position Summary This position will function to ...

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All JobsCost Analyst JobsCost Analyst Jobs in Michigan

Cost Analyst information

See Michigan salary details

$32.2K

$75.2K

$111.1K

How much do cost analyst jobs pay per year?

As of Aug 16, 2026, the average yearly pay for cost analyst in Michigan is $75,229.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,600.00 and $87,600.00 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

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For Cost Analyst jobs in Michigan, the most frequently searched job titles are:

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Cost Analyst jobs near you
Infographic showing various Cost Analyst job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $75,229 per year, or $36.2 per hour.

Cost Analyst

Technomics Inc

Troy, MI • On-site

Full-time

Re-posted 24 days ago

Job description

Technomics is a growing employee-owned, decision analytics company that specializes in cost and economic analysis to facilitate better decisions faster. We enable a wide range of clients across the Federal government, from senior level policy makers to program managers, to choose smartly, buy effectively and operate efficiently. We deliver practical, credible and defensible results offering actionable insights by applying data-driven and analytics-based approaches in combination with multidisciplinary talent, subject matter experts, and tangible and repeatable assets in the form of databases, models, approaches and techniques.
Position-Specific Overview
  • Should have the ability to acquire the knowledge, skills, abilities and initiative to deliver timely, practical and innovative solutions to our clients as part of high-performing project teams typically composed of a mix of junior and mid-level analysts

Our employee-owners pride themselves on their ability to apply deep analytical rigor and innovative thought that assist clients in understanding and solving a myriad of challenging resource planning and management problems.
This position is located in Troy, MI.
Responsibilities
  • Develop and/or evaluate program technical and programmatic baselines
  • Develop innovative development, production and operating and support (O&S) cost estimating techniques for a broad range of cost elements
  • Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and sensitivity analysis
  • Develop economic analyses, including but not limited to business case analyses, cost/benefit analyses and analysis-of-alternatives
  • Assess the credibility of government and industry cost estimates and economic analyses
  • Evaluate the credibility of industry cost proposals
  • Assess the credibility of government and industry cost savings initiatives
  • Assess industry contract cost and schedule performance and conduct variance root cause analysis
  • Document and present/defend analytical results
  • Develop and train less experienced cost analysts
  • Apply highly effective customer service skills and work effectively with teams to foster a collaborative work environment across the organization.
  • Apply leadership skills and the ability to manage competing priorities, multiple tasks and work requirements
  • Apply highly effective communication skills (oral and written) and communicate complex issues and present results to senior managers and others in a clear and concise manner.
  • Present as a value-focused professional, comfortable with presenting analytical results, engaging clients, and collaborating across Integrated Project Teams (IPTs).

Minimum Qualifications
  • Bachelor's degree in a quantitative discipline (e.g., engineering, mathematics, operations research, statistics, economics, or business) or a discipline that fosters problem solving, structured thought and creativity
  • Documented completion of college-level coursework in mathematics through Calculus II
  • Ability to think analytically, creatively and critically
  • Ability to operate effectively in environments with evolving requirements, incomplete data, and/or shifting priorities
  • Ability to precisely and concisely communicate and defend complex analytical results verbally and in various forms of written products
  • Strong proficiency with Microsoft Excel for performing cost analysis, data reconciliation, quick-turn financial modeling, and working with large and/or calculation-intensive datasets

Desired Qualifications
  • Active SECRET Clearance (highly desirable)
  • Knowledge of cost estimating and economic analysis models, methods, theories, and their application
  • Knowledge of weapons and/or automated information systems design procedures and methodology, system production technology and techniques, system sustainment, operations and support processes
  • Knowledge of physical and performance characteristics of various weapons systems and auxiliary equipment
  • Knowledge of weapons and/or automated information systems work breakdown structures
  • Knowledge of weapons and/or automated information systems cost drivers
  • Knowledge of government cost, technical and programmatic data sources
  • Knowledge of government and industry financial/accounting systems
  • Knowledge of Department of War (DoW) Planning, Programming, Budgeting, and Execution (PPBE) system
  • Familiarity with the DoW acquisition and contracting environment, including program office support, cost estimating, CDRL development, and/or contracting support including support of contract negotiation
  • Working knowledge of Earned Value Management (EVM), including common metrics, data evaluation, and performance reporting
  • Exposure to risk management activities such as identifying cost or schedule risks, evaluating risk registers, and/or tracking mitigation actions
  • Experience producing clear technical documentation, including methodologies, assumptions, data sources, and analytical conclusions
  • Ability to conduct ground-breaking research
  • Experience using RStudio to perform data analysis, trend analysis, and/or basic statistical modeling in support of cost estimates or program reviews
  • Familiarity with RShiny to develop or maintain interactive dashboards, calculators, and/or analytical tools for internal users
  • Experience building reports and visualizations in Power BI to communicate cost, schedule, or performance insights to stakeholders
  • Exposure to Microsoft PowerApps and Power Automate to create basic workflow solutions, data collection tools, or process automations
  • Experience using Python for data cleaning, analysis, or automation of repeatable analytical tasks
  • Experience visually drafting innovative applications using Figma
  • ICEAA Certification or Defense Acquisition Workforce Initiative Act (DAWIA) certification

Technomics is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to protected status under applicable law, including disability and protected veteran status.

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