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Cost Analyst Jobs (NOW HIRING)

Torch Technologies, Inc.

Cost Analyst

Huntsville, AL · On-site

As a Cost Analyst your duties will include the following, but are not limited to: * This position requires a highly motivated individual with extensive knowledge of lifecycle cost estimating and to ...

The Tatitlek Corporation

*Cost Analyst*

Dahlgren, VA · On-site

$45/hr

The Cost Analyst performs cost estimation and analysis in support of assigned programs, developing and analyzing cost estimates, performing risk analysis, and preparing cost analysis reports ...

Philly Shipyard

Cost Analyst

Philadelphia, PA · On-site

Update cost reports, including variance analyses related to production direct and indirect expenses on a weekly basis. * Reflect budget adjustments from approved make-or-buys, owner's change orders ...

Chenega Corporation

Cost Analyst

Philadelphia, PA · On-site

$80K/yr

Chenega Government Mission Solutions, LLC, a Chenega Professional Services ' company, is looking for a Cost Analyst to support Headquarters United States Army Central (USARCENT) G8 fully onsite. Our ...

Jobtailor

Cost Analyst

Redfield, SD · On-site

Compile and analyze actual job cost data from Vista and VMS and prepare forecasting workbooks * Collaborate with Project Managers to review change orders, verify committed costs, and support scope ...

Chenega Corporation

Cost Analyst

Philadelphia, PA · On-site

$70K/yr

Chenega Government Mission Solutions, LLC, a Chenega Professional Services ' company, is looking for a Cost Analyst to support Headquarters United States Army Central (USARCENT) G8 fully onsite. Our ...

Technomics, Inc.

Cost Analyst

Albuquerque, NM · On-site

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 ...

Qualus

Cost Analyst

Westwood, MA · On-site

$124K - $151K/yr

As a Cost Analyst you will be responsible for assembling and providing information to Project Managers and Operations Management within their assigned Business Units regarding project current costs ...

Henderson Products Inc.

Cost Analyst

Milwaukee, WI · On-site

The Cost Analyst owns cost accounting for our engineered‑to‑order manufacturing operations, including job costing, standard cost maintenance, variance analysis, and inventory valuation. The role ...

Booz Allen Hamilton

Cost Analyst

San Diego, CA · On-site

$61K - $141K/yr

Cost Analyst The Opportunity: Do you want to use your financial, analytical, and statistical skills to help the U.S. Navy and other military clients get the most out of their funding to protect our ...

Starfish

Cost Analyst

Huntsville, AL · On-site

As a Cost Analyst your duties will include the following, but are not limited to: * This position requires a highly motivated individual with extensive knowledge of lifecycle cost estimating and to ...

MARS Solutions Group

Cost Analyst

Milwaukee, WI · On-site

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 ...

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 ...

Clayton Homes

Cost Analyst

Nashville, NC · On-site

Cost Analyst will work with plant management to determine and resolve plant processes, take a leadership role on plant teams and will participate in plant and cost department projects. The Cost ...

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 ...

Technomics, Inc.

Cost Analyst

Arlington, VA · On-site

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 ...

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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 Sep 10, 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 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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Cost Analyst jobs near you
Infographic showing various Cost Analyst job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 89% Full Time, 7% Part Time, and 3% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Cost Analyst

Huntsville, AL • On-site

Torch Technologies, Inc.
Guided Missile and Space Vehicle Manufacturing • 1 - 5K employees
Learn more about Torch Technologies, Inc.external

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago

Job description

Torch Technologies
Thank you for your interest in employment with Torch Technologies. We are a 100% employee-owned, Certified Great Place To Work and named Best Places to Work in Huntsville/Madison County, headquartered in Huntsville, AL. Our team provides superior research, development, and engineering services to the Federal Government and Department of War. As one of the nation's top 100 defense companies, the services we provide directly support the men and women who serve our country. Our corporate mission sums up the pride our employee-owners take in the work we do: "Lighting the Pathway of Freedom". And, as a Certified Evergreen ESOP, we have made the commitment to grow and sustain our company for the next 100 years! Come grow with us!
Torch Technologies is seeking a Cost Analyst to join a team and provide input and recommendations for cost estimating and budget activities for Aviation programs throughout the entire life cycle and acquisition phases. This position supports the CPE Aviation's Aviation Mission Systems and Architecture Program Management Office.
As a Cost Analyst your duties will include the following, but are not limited to:
  • This position requires a highly motivated individual with extensive knowledge of lifecycle cost estimating and to develop cost products and models that identify and evaluate program cost factors, deficiencies and risks for the PMO.
  • Demonstrate the ability to collect and analyze many different cost data sets and develop financial reports and insights as results.
  • Responsible for drafting Independent Government Estimate, Independent Cost Analyses, Cost Analysis Requirements, and Cost Estimates.
  • Refine and adjust cost models in response to changes in technical specifications, support requirements, design alternatives, engineering, and operational trade-off proposals.
  • Develop cost estimates with a level of detail that identifies the total cost of the program and other cost relationships.
  • Perform risk analysis and develop program risk assessment consistent with price, Contractor capabilities, emerging technologies, Contractor cost performance, schedules and integration requirements, and incorporate Contractor cost performance information into cost estimating methodologies consistent with latest reports.
  • Work within a team and as financial SME to communicate important cost information with internal and external stakeholders at multiple CPE Aviation levels.

Required Qualifications:
  • U.S. Citizenship
  • Bachelor's Degree in a business-related field or equivalent experience
  • 8 years of relevant experience; must have 5 years of cost estimation experience within a DoW environment
  • Active secret clearance is required to start
  • Familiarity with the Automated Cost Estimating Integrated Tool (ACEIT) to support the PM's business and financial/cost accounting efforts

Preferred Qualifications:
  • Master's degree in a related field
  • 10-15 years of relevant experience; must have 5 years of cost estimation experience within a DoW environment
  • Experience developing key financial deliverables for DoW, US Army, and/or CPE Aviation specifically
  • Foreign Military Sales (FMS) experience

Schedule: M-F; 8-5
Work Location: Onsite
Travel: Yes, 0%-10%
Relocation Assistance Available: No
Position Contingent Upon Award of Contract: No
#LI-DK1
Benefits:
Torch Technologies is proud to offer a stable and professional work environment, a competitive salary, and an excellent, comprehensive benefit package including: ESOP participation, 401(k) match, medical, dental, vision, life insurance, short-term disability, long-term disability, flexible spending accounts, Health Saving Accounts and Health Reimbursement Accounts, EAP, education assistance, paid time off, and holidays.
Applying to Torch Technologies:
Only those candidates invited for an interview will be contacted. Employment at Torch Technologies is contingent upon the successful completion of a comprehensive background check.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, citizenship, ancestry, marital status, protected veteran status, disability status or any other status protected by federal, state, or local law. Torch Technologies, Inc. participates in E-Verify.
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access Careers Link as a result of your disability. You can request reasonable accommodations by sending an email to HR@torchtechnologies.com. Thank you for your interest in Torch Technologies.

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