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Cost Auditor Jobs (NOW HIRING)

TEOCO

Job Summary TEOCO's audit team is seeking a smart, self-motivated, and collaborative candidate for a network cost auditor position. This is a great opportunity to continue to build a foundation of ...

TEOCO

Telecom Expense Auditor

Fairfax, VA

Job Summary TEOCO's audit team is seeking a smart, self-motivated, and collaborative candidate for a network cost auditor position. This is a great opportunity to continue to build a foundation of ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Medicare Cost Report Auditor III

Iowa, LA · Hybrid

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

Ourhrconnect

Minimum 2 years of Medicare hospital cost report auditing experience * Expertise in Medicare Bad Debt and DSH cost report reviews, including sample selection and CMS-compliant testing * Skilled in ...

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How much do cost auditor jobs pay per year?

As of Jun 23, 2026, the average yearly pay for cost auditor in the United States is $92,797.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,000.00 and $112,000.00 per year, depending on experience, location, and employer.

What are Cost Auditors?

Cost Auditors are professionals who examine and verify the accuracy of cost accounting records and ensure that organizations are following cost accounting principles and standards. Their primary role is to assess whether costs have been allocated properly and to identify areas where efficiency can be improved or costs can be reduced. They often work in manufacturing, service, or government sectors and provide recommendations for cost control and better management decisions. Cost Auditors help organizations maintain transparency, comply with regulations, and improve profitability.

What are some common challenges faced by Cost Auditors when analyzing complex financial data across multiple departments?

Cost Auditors often encounter challenges such as inconsistent data formats, incomplete records, and varying accounting practices across departments. Ensuring data accuracy and reconciling discrepancies require strong attention to detail and effective communication skills to collaborate with department heads. Additionally, navigating tight deadlines while maintaining compliance with internal and external regulations can make the role demanding, but it also provides valuable experience in cross-functional teamwork and problem-solving.

Will cost accountants be replaced by AI?

Cost accountants perform tasks such as analyzing cost data, preparing reports, and ensuring compliance, which require judgment and understanding of complex financial information. While AI and automation tools can handle routine calculations and data processing, the role of a cost accountant involves strategic decision-making and interpretation that are less likely to be fully replaced by AI in the near future.

What does a cost auditor do?

A cost auditor examines and verifies a company's cost records and accounts to ensure accuracy and compliance with applicable laws and standards. They analyze cost data related to production, inventory, and expenses, often using specialized software, and prepare reports for management and regulatory authorities. Their work helps improve cost control and financial transparency within organizations.

Is an auditor a high paying job?

Cost auditors are typically well-compensated, especially with experience and professional certifications like CMA or CPA. Salaries vary by industry, location, and level of expertise, but auditing roles generally offer competitive pay compared to many entry-level positions.

Can you make $500,000 a year as an accountant?

Cost auditors typically earn lower salaries compared to senior financial roles, with most annual incomes ranging from $50,000 to $150,000 depending on experience and location. Earning $500,000 annually as an accountant is uncommon and usually requires executive-level positions, specialized skills, or working in large corporations. Achieving such a high income generally involves advanced certifications, extensive experience, and leadership responsibilities.

What is the difference between Cost Auditor vs Cost Accountant?

AspectCost AuditorCost Accountant
Primary RoleAudits cost records, ensures compliance with regulationsPrepares cost reports, analyzes cost data for decision-making
CertificationsCost and Management Accountant, Chartered Accountant (with cost specialization)Cost and Management Accountant, Chartered Accountant
Work EnvironmentAudit firms, manufacturing companies, consultingManufacturing firms, industries, corporate finance departments
Employer & Industry UsageRegulatory compliance, audit firms, large corporationsCost control, budgeting, internal management

While both roles involve working with cost data, a Cost Auditor primarily focuses on auditing cost records for accuracy and compliance, whereas a Cost Accountant prepares and analyzes cost data to support managerial decision-making. The roles often overlap in credentials and work environment, but their core functions differ in scope and purpose.

What are the key skills and qualifications needed to thrive as a Cost Auditor, and why are they important?

To thrive as a Cost Auditor, you need a solid understanding of accounting principles, cost analysis, and auditing standards, usually backed by a degree in accounting, finance, or a related field. Familiarity with ERP systems, Microsoft Excel, and professional certifications like CIA (Certified Internal Auditor) or CMA (Certified Management Accountant) are commonly required. Attention to detail, analytical thinking, and strong communication skills help cost auditors identify discrepancies and present findings effectively. These competencies are essential for ensuring accurate financial reporting, cost control, and compliance with regulations.
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What states have the most Cost Auditor jobs? States with the most job openings for Cost Auditor jobs include:
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Cost Auditor jobs near you
Telecom Expense Auditor

Telecom Expense Auditor

TEOCO

Remote

Full-time

Posted 17 days ago

Job description

Job Summary
TEOCO's audit team is seeking a smart, self-motivated, and collaborative candidate for a network cost auditor position. This is a great opportunity to continue to build a foundation of telecom knowledge and developing advanced software skills. Based on direction from management, the auditor will analyze client invoice data and pinpoint vendor overbillings or under billings by applying general audit principals such as pattern recognition, data filtering, and cross-referencing multiple data sources.
The auditor will be required to analyze contracts, applicable tariffs, Interconnection Agreements, and research other sources of potential data. Other source data may include industry databases, client provisioning systems, internal TEOCO cost assurance software and analytics tools such as BillTrak and external software tools such as Microsoft Office and Python. The auditor will leverage some or all of the following software tools as part of daily activities: MS Excel, SQL, MS Access, Python, KNIME, Alteryx and Business Objects. Auditor will load potential overbillings or under billings in a spreadsheet format into TEOCO's web-based Claim Center application, adding a written description of the issue and any necessary supporting information. Auditor will analyze any responses from vendors and provide on-going support to the reconciliation team to help resolve issues on behalf of the client with the vendor. Auditor may be called, on occasion, to participate in calls with clients to explain issues or to demonstrate and train clients on how issues were identified. Experience & Qualifications: Bachelor's Degree, preferably in Finance, Accounting, Economics, Math or Statistics. 1+ years of experience working in telecom environment helpful or 1+ years of Accounts Payable experience. Previous experience with telecom invoices helpful.)
Key Responsibilities
  • The auditor will be required to analyze contracts, applicable tariffs, Interconnection Agreements, and research other sources of potential data.
  • Other source data may include industry databases, client provisioning systems, internal TEOCO cost assurance software and analytics tools such as BillTrak and external software tools such as Microsoft Office and Python.
  • The auditor will leverage some or all of the following software tools as part of daily activities: MS Excel, SQL, MS Access, Python, KNIME, Alteryx and Business Objects.
  • Auditor will load potential overbillings or under billings in a spreadsheet format into TEOCO's web-based Claim Center application, adding a written description of the issue and any necessary supporting information.
  • Auditor will analyze any responses from vendors and provide on-going support to the reconciliation team to help resolve issues on behalf of the client with the vendor. Auditor may be called, on occasion, to participate in calls with clients to explain issues or to demonstrate and train clients on how issues were identified.
Required Skills & Competencies
  • Experience & Qualifications: Bachelor's Degree, preferably in Finance, Accounting, Economics, Math or Statistics.
  • 1+ years of experience working in telecom environment helpful or 1+ years of Accounts Payable experience.
  • Previous experience with telecom invoices helpful.
  • Microsoft Suite
  • Preferred Skills: SQL, MS Access, Python, KNIME, Alteryx and Business Objects

Department Business Services Role Audit Services Locations USA Remote status Fully Remote

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