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Cost Analyst Jobs (NOW HIRING)

Cost Analyst The Cost Analyst position supports project teams by analyzing cost and revenue data in order to provide timely & reliable financial information that is meaningful to project management ...

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

The Cost Analyst will play a critical role in supporting acquisition and sustainment programs by developing data-driven cost estimates, evaluating contract proposals, and providing actionable ...

Cost Analyst

Colorado Springs, CO · On-site

$60K - $90K/yr

As a Cost Analyst, you will perform a wide range of duties from building oral/written presentations for high ranking acquisition leaders to performing in-depth complex analyses with a high degree of ...

Cost Analyst

Washington, DC · On-site

$62K - $141K/yr

Share Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining ...

Cost Analyst

Washington, DC · On-site

$62K - $141K/yr

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst

Washington, DC · On-site

$69K - $158K/yr

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst

Ashton, MD

$69K - $158K/yr

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst

Laurel, MD

$69K - $158K/yr

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst

Bowie, MD

$69K - $158K/yr

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

Cost Analyst

Washington, DC · On-site

$69K - $158K/yr

Cost Analyst The Opportunity: Do you want to use your analysis skills to help the Navy get the most out of its funding? When it comes to considering the costs of building and maintaining systems, you ...

MARS Solutions Group is looking for an experienced Cost Analyst located in Milwaukee, WI. Our client is an electricity and natural gas industry Leader looking for high-quality talent to make a ...

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Cost Analyst information

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$37K

$86.3K

$127.5K

How much do cost analyst jobs pay per year?

As of Jun 13, 2026, the average yearly pay for cost analyst in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 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 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.

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 evaluates and monitors a company's expenses and financial data to identify cost-saving opportunities and improve budgeting accuracy. They analyze financial reports, use spreadsheets and financial software, and often collaborate with other departments to ensure cost efficiency and financial performance. Strong analytical skills and attention to detail are essential for this role.

Is a budget analyst an entry level job?

A budget analyst is often an entry-level position that requires a bachelor's degree in finance, accounting, or a related field. However, some roles may prefer or require prior experience or certifications, and advancement can involve developing skills in financial analysis and budgeting tools. Entry-level budget analyst roles typically involve supporting senior analysts and learning industry standards.

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.

How much does a cost analyst make in the US?

A cost analyst in the US typically earns an average salary of around $65,000 to $75,000 per year, with entry-level positions starting lower and experienced analysts earning more. Salaries can vary based on industry, location, education, and certifications such as Certified Management Accountant (CMA).
What cities are hiring for Cost Analyst jobs? Cities with the most Cost Analyst job openings:
What are the most commonly searched types of Cost Analyst jobs? The most popular types of Cost Analyst jobs are:
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What states have the most Cost Analyst jobs? States with the most job openings for Cost Analyst jobs include:
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Infographic showing various Cost Analyst job openings in the United States as of June 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 59% Full Time, 35% Part Time, 3% Contract, and 1% Nights. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Cost Analyst

Cost Analyst

Amphenol Borisch Technologies

Grand Rapids, MI • On-site

Full-time

Posted 27 days ago


Job description

The Cost Analyst will work closely with the Business Development, Engineering and Accounting teams to provide detailed cost analysis and pricing recommendations for new product. The Cost Analyst will also regularly monitor standard costing metrics for material and labor for existing products and reports results and recommended revisions to management and operations.

Essential Duties and Responsibilities

· Interfaces with all applicable departments to ensure timely and accurate bid proposals are presented to the Business Development Team and the Customer

· Assists with the auditing of material quotes, labor quotes and creation of pricing forms as necessary

· Reviews and analyzes technical data packages to ensure completeness and accuracy

· Maintains the customer solicitation database, and maintains the daily bid scheduling tool, keeping records accurate and up to date.

· Uses online quoting tool as well as email to distribute RFQs to appropriate suppliers and internal team members

· Regularly meets with Business Development Managers and Senior Management to discuss new bids and recommend new pricing

· Creates and monitors standard costing metrics for both material and labor variances on a weekly basis

· Analyzes changes in product design, manufacturing methods and/or materials to determine effects on cost

· Meets with operations to discuss large variances from standard. Identifies reasons and remedies for variances

· Creates bid proposals and pricing letters to the customer

· Assists with auditing cost of sales accurately at the end of each month

· Assists with cost and pricing audits with customers and government agencies

· Performs any other task as requested by supervisor

Job Requirements

· Bachelor’s Degree in Finance, Accounting or related field

· Accounting experience preferred

· Cost Accounting experience strongly preferred

· Proficiency with Microsoft Office software, including expert level Excel skills.

· Experience in a manufacturing environment, preferred

· Proficiency with ERP/MRP System

· Strong written and verbal communication skills

· Demonstrated analytical ability