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Cost Analyst Jobs in Ohio (NOW HIRING)

Komatsu

Cost Analyst

Solon, OH · On-site

Cost Analyst Posting Start Date: 8/26/26 Job Location (Short): Solon, Ohio, USA, 44139-3378 Requisition ID: 36745 Onsite or Remote: Join Komatsu and Be Part of Something Big! Job Overview As a Cost ...

John Deere

Cost Analyst Poznań, Poland Your responsibilities: * Monthly & annual cost cycle activities for units supported by the European cost group. * Rates calculation based on the unit's Normal Studies.

Stanley Black & Decker

Cost Analyst

Elyria, OH · On-site

$62K - $100K/yr

Cost Analyst Elyria, OH, USA Come build something that matters. It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of ...

Sbdinc

Cost Analyst

Elyria, OH · On-site

$62K - $100K/yr

Cost Analyst Elyria, OH, USA Come build something that matters. It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of ...

Manifest Solutions

Project Cost Analyst

Columbus, OH · On-site

Coordinates project cost analysis and controls across multiple projects, supporting Project Managers and teams with minimal supervision and strong independent judgment. * Oversees cost reporting ...

Corbus, LLC

Should-Cost Analyst

Cincinnati, OH · Hybrid

The 'Should'-Cost Analyst will provide manufacturing technical support to purchased materials and finished parts to assist in meeting cost goals, delivery requirements and contractual requirements ...

Thermo Fisher Scientific

Cost Analyst III

Marietta, OH · On-site

Position Summary Join our Finance team as an Operations Cost Analyst and contribute to financial excellence across our manufacturing operations. In this position, you'll collaborate with Operations ...

Thermo Fisher Scientific

Cost Analyst III

Marietta, OH · On-site

Position Summary Join our Finance team as an Operations Cost Analyst and contribute to financial excellence across our manufacturing operations. In this position, you'll collaborate with Operations ...

Leidos

Project Cost Analyst

Cincinnati, OH · Hybrid

Leidos Engineering is seeking an experienced Project Controller/Project Cost Analyst to join our Power Delivery Solutions division. In this role, you will work project managers and engineering leads ...

Diaconia LLC

Cost Analyst/Estimator, Senior

Dayton, OH · On-site

$65K - $75K/yr

Provide direct cost estimating and analysis assistance to the Government's formal Analysis of Alternatives (AoA) process. * In recognition of the Weapon Systems Acquisition Reform Act of 2009 and ...

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All JobsCost Analyst JobsCost Analyst Jobs in Ohio

Cost Analyst information

See Ohio salary details

$35.2K

$82.1K

$121.2K

How much do cost analyst jobs pay per year?

As of Sep 1, 2026, the average yearly pay for cost analyst in Ohio is $82,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,100.00 and $95,500.00 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.
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For Cost Analyst jobs in Ohio, the most frequently searched job titles are:

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Cost Analyst jobs near you
Infographic showing various Cost Analyst job openings in Ohio as of August 2026, with employment types broken down into 91% Full Time, and 9% Contract. Highlights an 82% In-person, 9% Hybrid, and 9% Remote job distribution, with an average salary of $82,056 per year, or $39.5 per hour.

Cost Analyst

Komatsu

Solon, OH • On-site

Full-time

Posted 4 days ago

Job description

Cost Analyst
Posting Start Date: 8/26/26
Job Location (Short): Solon, Ohio, USA, 44139-3378
Requisition ID: 36745
Onsite or Remote:
Join Komatsu and Be Part of Something Big!
Job Overview
As a Cost Analyst at Komatsu, you will play a pivotal role in the financial and operational success of our manufacturing activities based in Solon, Ohio. This position is essential in managing the costing for U.S. individual parts, ensuring the accuracy and timeliness of cost data that directly impacts inventory valuation and financial reporting. You will collaborate closely with cross-functional teams including Production, Quality, and Finance to foster efficiency, reliability, and continuous improvement in cost management processes.
Dedicated to maintaining precise material master data, you will oversee SAP costing views and contribute to equipment cost estimation, vital for sales support and internal budget control. Your role is deeply integrated with analyzing cost variances, tracking asset capitalization, and preparing detailed reconciliations to uphold rigorous financial discipline. This opportunity provides a platform to enhance operational transparency and drive strategic financial insights within a dynamic industrial environment.
Key Job Responsibilities
  • Serve as the primary point of contact for daily costing of U.S. individual parts, ensuring new parts are costed accurately and timely to support material movements and proper inventory valuation.
  • Maintain and update SAP Material Master Costing views for U.S. parts, including key fields that drive freight, burden rates, surcharges, and primary cost plant, while ensuring a high level of data integrity.
  • Prepare original equipment (OE) cost estimates for miners, shearers, shuttle cars, and other equipment at the request of the Sales Department for supervisory review.
  • Support cost supervision during U.S. mock and annual recost activities by reviewing, analyzing, and correcting data integrity issues within SAP Costing views.
  • Review and analyze Solon production order variances on a monthly basis to identify root causes and support corrective actions.
  • Partner with the Quality Team to track scrap and rework from work-in-process and finished goods, ensuring accurate financial recording.
  • Analyze general ledger and balance sheet accounts and prepare reconciliations to supporting sub-ledgers for review by Finance supervision.
  • Track Construction in Progress (CIP) projects and capitalize assets in SAP in accordance with policy, while maintaining the fixed asset register.
  • Perform special financial analyses and ad hoc projects to support management decision-making, strategic initiatives, and continuous accounting and operational process improvements.

Qualifications/Requirements
  • Possession of a Bachelor of Science degree in Accounting or Finance
  • Minimum of two years' professional accounting experience, preferably within a manufacturing or industrial setting, showcasing applied cost accounting skills.
  • Proficiency in Microsoft Excel at an advanced level, including the use of formulas, pivot tables, and data analysis tools to support financial reporting and process improvements.
  • Prior experience working with SAP ERP systems is strongly preferred, with the ability to navigate and manage Material Master Costing views and related modules.
  • Detail-oriented with strong analytical capabilities, capable of spotting inconsistencies and implementing corrective actions to maintain data integrity.
  • Effective communication skills that facilitate collaboration across multiple departments and support clear reporting to management.
  • Demonstrated ability to prioritize tasks, work independently, and meet deadlines in a dynamic work environment.
  • The role requires adaptability to evolving conditions and the willingness to embrace new challenges that promote continuous personal and organizational growth.
  • Candidates should possess a proactive mindset with goal-oriented behaviors to drive improvements and contribute positively to the company's success.
  • We value team players who demonstrate strong interpersonal skills, supporting a collaborative and inclusive workplace culture.

Additional Information
  • This position offers flexibility for remote work up to one day per week upon successful completion of required training, supporting a balanced work-life approach.

Diversity & Inclusion Commitment
At Komatsu we come from diverse backgrounds, with unique perspectives, experiences, and contributions. We are committed to creating a workforce that is reflective of the communities we work and live in. We believe that our people are part of our shared purpose. We are authentic, ambitious, and innovative in our pursuit of Diversity & Inclusion. United, we are on a journey towards a sustainable future that creates value together.
Company Information
Komatsu is a world leader in manufacturing construction, mining, forestry, and industrial heavy equipment. Founded in 1921, Komatsu has a long history of quality, reliability, innovation, and excellence. Headquartered in Tokyo, Japan, Komatsu facilities, distributors and dealers are in more than 140 countries and employ more than 60,000 people. Komatsu offers a diverse and challenging work environment, where you can grow your skills and career, and contribute to a sustainable, clean-energy future. If you are looking for a company that values your talent and potential, be a part of something big and join a team that is shaping the world!
If you want to learn more about Komatsu, please visit our website at https://www.komatsu.com/ .

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