1

Cost Analyst Jobs in Raleigh, NC (NOW HIRING)

Overview The Project Cost Estimator position is an exciting opportunity to join PM Group's quickly ... Validate, challenge, analyze and recommend action on all relevant agreed Project KPIs through the ...

Title: Senior Cost Accountant Role: This role supports cost accounting, inventory, and ... Analyze monthly purchase price and manufacturing variances * Reconcile inventory and CMO reports ...

Perform all the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software. * SOX control responsibilities may be part of ...

Perform all the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software. * SOX control responsibilities may be part of ...

Evaluate and analyze fee proposals / bids and provide recommendation for decision making * Provide forecasts and cash flow analysis * Maintain and manage the cost report and provide regular updates ...

Evaluate and analyze fee proposals / bids and provide recommendation for decision making * Provide forecasts and cash flow analysis * Maintain and manage the cost report and provide regular updates ...

Evaluate and analyze fee proposals / bids and provide recommendation for decision making * Provide forecasts and cash flow analysis * Maintain and manage the cost report and provide regular updates ...

Financial Analyst Senior

Morrisville, NC · On-site

$38.55 - $55.43/hr

Summary: Plans, develops and coordinates the preparation of budgets, financial statements, statistical reports, cost analyses and other financial information. Performs complex and specialized ...

next page

Showing results 1-20

Cost Analyst information

See Raleigh, NC salary details

$36K

$83.9K

$123.9K

How much do cost analyst jobs pay per year?

As of Jul 16, 2026, the average yearly pay for cost analyst in Raleigh, NC is $83,897.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,600.00 and $97,700.00 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 Raleigh, NC? The most popular types of Cost Analyst jobs in Raleigh, NC are:
What are popular job titles related to Cost Analyst jobs in Raleigh, NC? For Cost Analyst jobs in Raleigh, NC, the most frequently searched job titles are:
What cities near Raleigh, NC are hiring for Cost Analyst jobs? Cities near Raleigh, NC with the most Cost Analyst job openings:
Infographic showing various Cost Analyst job openings in Raleigh, NC as of July 2026, with employment types broken down into 100% Full Time. Highlights an 70% In-person, 6% Hybrid, and 24% Remote job distribution, with an average salary of $83,897 per year, or $40.3 per hour.
Project Cost Estimator

Project Cost Estimator

PM Group

Zebulon, NC • On-site

Contractor

Re-posted 19 days ago


Job description

Overview

The Project Cost Estimator position is an exciting opportunity to join PM Group’s quickly growing Raleigh area Outsourced Technical Services(OTS) team in the near the Zebulon, NC area. Outsourced Technical Services (OTS) is an integral part of PM Group’s ability to support clients across the complete project life cycle. We have over 50 years’ industry experience, strong technical knowledge and integrated resources. Clients look to us to provide experienced technical professionals that complement their project teams. Together we are sharing knowledge, learning, growing and continuing to be an integral part of supporting PM Group’s ongoing expansion in the US.

We are looking for a professional who enjoys client interaction as well as the technical aspects of the position.  This individual needs to have an understanding of the technical aspects of cost estimating. The ability to successfully handle multiple real-time complex cost estimating tasks as well as maintain a strong work ethic and drive to deliver for clients as a collaborative colleague are a must for this role. The Project Cost Estimator will be mentored by Project Controls leadership and will assist with the development of different classifications of cost estimates. They will also be involved with the mentoring and development to less experienced Cost Estimating team members.  Expect project work to include all levels of design: feasibility studies, conceptual & schematic design, construction documentation, and construction administration. Project sizes will vary and will consist primarily of life science industry projects doing both existing building improvements and new construction.

PM Group is an employee owned, international project delivery firm with a team of 4,000+ people.  We are world leaders in the pharma, food, biotech, medical technology and mission critical sectors. From our network of offices in Europe, Asia and the US, we work with the world's leading organizations. We are focused on growing a sustainable business centered on our people, our clients and trade partners. 


Responsibilities
  • Project Cost Estimation:Develop and manage detailed project cost estimates and budgets. Monitor and control costs throughout the project lifecycle, ensuring costs remain within budget. 
  • Responsible for and drive periodic project cost reporting to the management providing on-time, reliable and quality analysis, and recommendations to enable the Project team to steer project in the right direction. 
  • Validate, challenge, analyze and recommend action on all relevant agreed Project KPIs through the monthly project controls reporting. i.e. Earned Value Management, Value of Work Done, Schedule Performance Index, Cost Performance Index, Cash out curve, trending etc 
  • Prepare accurate and timely project cost reports, including cost estimates, cost forecasts, cost performance analyses for management. 
  • Collaborate with Contractor(s) EPCM/PMC to collect project cost data periodically and verify that the Forecast to complete remains in accordance with the established plans and schedules. Highlight and communicate variance to stakeholders on timely basis and ensure corrections / updates are performed with EPCM. Prepare periodic summary on EPCM performance for the management. 
  • Collaborate with different internal stakeholders to understand, update, and build a reliable forecast on project costs. 
  • Analyze project budgets, actuals, forecast to complete, estimate at completion, and variances, identifying potential risks and opportunities for cost savings or cost overruns. 
  • Collaborate with stakeholders to periodically review, maintain, and update cost breakdown structure, cost codes and project reporting formats / templates to enhance accuracy and efficiency. 
  • Monitor project progress, track actual costs, and compare against budgeted costs, identifying any deviations and recommending corrective actions to project stakeholders. 
  • Conduct regular cost control meetings with project teams, providing guidance on cost management, assisting in budget planning, and addressing any cost-related concerns. 
  • Ensure compliance with company policies, procedures, and relevant financial regulations and standards 

Qualifications
  • 5-10+ years Project Cost Estimator experience in multi-billion complex project is a must. 
  • Experience with EPCM managed projects 
  • Strong knowledge of project management principles, cost control methodologies, and financial analysis techniques. Excellent analytical skills, with the ability to gather and interpret complex financial data. 
  • Being about to see the big picture and a hands-on mentality to drill deep when needed. 
  • Proficiency in ERP / IT tools (SAP, BW, Power BI), including advanced MS Excel skills. 
  • Detail-oriented mindset, with ability to deliver with accuracy, on-time and reliability. 
  • Ability to deliver on deadlines, to handle multiple tasks (exceptional organizational and prioritization skills) and ability to handle pressure. 
  • Effective communicator, with the ability to present complex financial information in a clear and concise manner. 
  • Strong problem-solving skills and the ability to identify cost-saving opportunities. 
  • Knowledge of relevant financial regulations and compliance standards. 
  • Proactive and self-motivated individual who can work both independently and collaboratively in a team. 

All of your information will be kept confidential according to EEO guidelines.

Why PM Group?

As an employee-owned company, we are inclusive, committed and driven. Corporate Responsibility and Sustainability are the heart of our new 2026 business strategy. Click here to read more in our 2025 Environmental, Social and Governance Report.

Inclusion and Diversity are core to our culture and values. Wherever we work, we commit to a culture of mutual respect and belonging by building a truly inclusive workplace rich in diverse people, talents and ideas. Valuing the contributions of all our people and respecting individual differences will sustain our growth into the future.

PM Group is committed to ensuring our hiring process is fair and accessible to all and will provide candidates with disabilities with reasonable accommodations required to participate in the recruitment process. If you require any assistance in this regard, please let us know.

RECRUITMENT AGENCIES NEED NOT APPLY

#LI-TF1

Qualifications:
  • 5-10+ years Project Cost Estimator experience in multi-billion complex project is a must. 
  • Experience with EPCM managed projects 
  • Strong knowledge of project management principles, cost control methodologies, and financial analysis techniques. Excellent analytical skills, with the ability to gather and interpret complex financial data. 
  • Being about to see the big picture and a hands-on mentality to drill deep when needed. 
  • Proficiency in ERP / IT tools (SAP, BW, Power BI), including advanced MS Excel skills. 
  • Detail-oriented mindset, with ability to deliver with accuracy, on-time and reliability. 
  • Ability to deliver on deadlines, to handle multiple tasks (exceptional organizational and prioritization skills) and ability to handle pressure. 
  • Effective communicator, with the ability to present complex financial information in a clear and concise manner. 
  • Strong problem-solving skills and the ability to identify cost-saving opportunities. 
  • Knowledge of relevant financial regulations and compliance standards. 
  • Proactive and self-motivated individual who can work both independently and collaboratively in a team. 

All of your information will be kept confidential according to EEO guidelines.

Why PM Group?

As an employee-owned company, we are inclusive, committed and driven. Corporate Responsibility and Sustainability are the heart of our new 2026 business strategy. Click here to read more in our 2025 Environmental, Social and Governance Report.

Inclusion and Diversity are core to our culture and values. Wherever we work, we commit to a culture of mutual respect and belonging by building a truly inclusive workplace rich in diverse people, talents and ideas. Valuing the contributions of all our people and respecting individual differences will sustain our growth into the future.

PM Group is committed to ensuring our hiring process is fair and accessible to all and will provide candidates with disabilities with reasonable accommodations required to participate in the recruitment process. If you require any assistance in this regard, please let us know.

RECRUITMENT AGENCIES NEED NOT APPLY

#LI-TF1

Education:UNAVAILABLEEmployment Type: CONTRACTOR