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Cost Analyst Jobs in Raleigh, NC (NOW HIRING)

Duke University

Financial Management Analyst II

Durham, NC · On-site

$75K - $142K/yr

... cost analyses and other financial information; perform complex and specialized assignments in assigned area of expertise; perform lead role in coordinating complex projects. Skill Sets Necessary to ...

UNC HEALTH

Financial Analyst II

Chapel Hill, NC · On-site

$26.85 - $38.61/hr

Participates in the preparation of budgets, financial statements, statistical reports, cost analyses and other financial information including reviewing budget requests and recommending changes to ...

Varsity Tutors

Cost Accounting Tutor

Chapel Hill, NC · Remote

$18 - $40/hr

Deep knowledge of job-order costing, process costing, activity-based costing, standard costing, variance analysis, cost-volume-profit analysis, budgeting, transfer pricing, and relevant cost decision ...

Varsity Tutors

Cost Accounting Tutor

Durham, NC · Remote

$18 - $40/hr

Deep knowledge of job-order costing, process costing, activity-based costing, standard costing, variance analysis, cost-volume-profit analysis, budgeting, transfer pricing, and relevant cost decision ...

UNC Health Careers

Financial Analyst II

Chapel Hill, NC · Hybrid

$26.85 - $38.61/hr

Participates in the preparation of budgets, financial statements, statistical reports, cost analyses and other financial information including reviewing budget requests and recommending changes to ...

Varsity Tutors

Cost Accounting Tutor

Raleigh, NC · Remote

$18 - $40/hr

Deep knowledge of job-order costing, process costing, activity-based costing, standard costing, variance analysis, cost-volume-profit analysis, budgeting, transfer pricing, and relevant cost decision ...

Hitachi, Ltd.

Project Controller

Raleigh, NC · On-site

The role includes monitoring actual versus forecast performance, identifying cost impacts and margin changes, forecasting balance sheet positions, supporting claims management activities, and ...

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Cost Analyst information

See Raleigh, NC salary details

$36K

$83.9K

$123.9K

How much do cost analyst jobs pay per year?

As of Aug 8, 2026, the average yearly pay for cost analyst in Raleigh, NC is $83,902.00, 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.

More about Cost Analyst jobs
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 job categories do people searching Cost Analyst jobs in Raleigh, NC look for? The top searched job categories for Cost Analyst jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Cost Analyst jobs? Cities near Raleigh, NC with the most Cost Analyst job openings:
Cost Analyst jobs near you
Infographic showing various Cost Analyst job openings in Raleigh, NC as of August 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 $83,902 per year, or $40.3 per hour.

Senior Finance Manager, Product Cost & COGS

Omada Search

Cary, NC • Hybrid

Full-time

Re-posted 21 days ago

Job description

Here's a draft -- let me know what you want to adjust:

Senior Manager, Product Cost & CoGS Finance Permanent | Cary, NC (Hybrid, 3 days onsite)

About the Role

This is a high-visibility, high-accountability seat inside a global operational finance function at a multinational manufacturing company. The person in this role owns cost of goods sold at scale -- overseeing month-end close, product costing, and financial reporting for a portfolio of roughly 1,700 SKUs across a complex, global supply chain.

This is not a maintenance role. The team is actively in a transformation phase -- processes that were previously outsourced have been brought in-house, and the organization is now focused on stabilizing data accuracy, improving reporting infrastructure, and beginning to integrate AI and automation into key steps of the cost management process. The right person will play a central role in all of it.

If you thrive in complex environments, have deep roots in manufacturing cost accounting, and want to lead something rather than just manage it -- this is worth a conversation.

What You'll Own

  • Lead month-end close activities for CoGS including bookings, accruals, corrections and reporting -- with full accountability for accuracy and integrity of results
  • Oversee product costing for finished goods and new SKU launches, including complex multi-component and tolled manufacturing structures
  • Maintain global CoGS consistency and transparency through ERP and reporting tools, analyzing monthly results against budget, forecast and prior year
  • Partner with Supply Chain, Marketing and Business leaders globally to provide timely cost data that supports strategic and operational decisions
  • Flag and resolve variances, inconsistencies and errors across supply chain regions and countries
  • Support business case development with CoGS analysis for new product and supply chain decisions
  • Contribute to the budget and forecast process for cost of goods across traded and subcontracted products
  • Support internal and external audit processes with accurate, well-documented cost management records
  • Drive and contribute to ongoing process improvement, automation and AI initiatives within the cost function
  • Manage and develop a small team, with a growth path to leading additional permanent headcount

What You Bring

  • 10-15 years of experience in manufacturing controlling, cost accounting, or product costing -- this is the foundation everything else is built on
  • Deep understanding of standard costing, cost structures, and how products are manufactured and distributed in a complex industrial environment
  • Experience with contract/toller manufacturing models is a strong plus
  • Heavy ERP experience with standard costing management required; D365 familiarity is a plus but not a dealbreaker
  • Power BI proficiency
  • The seniority and confidence to lead a process -- not just execute it -- in a fast-moving, global, matrixed organization
  • Comfort operating across cultures and time zones; this role interfaces with finance and supply chain leaders across every country the business operates in
  • Enough technical depth to know what belongs in the books, what doesn't, and why -- and the judgment to act on it
  • Bachelor's degree in Finance, Accounting or Engineering; Master's degree preferred

Why This Role

  • Global scope with real ownership -- this is not a supporting role
  • Active transformation underway, including AI and automation integration
  • Direct path to growing and leading a team
  • Meaningful work in a business where cost accuracy has direct impact on decisions at the highest level