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Cost Center Jobs (NOW HIRING)

Oatey

Cost Accountant II

Cleveland, OH

$80K - $98K/yr

Participate in month-end closing activities including journal entries, reconciliations, and cost-center/location reporting. * Analyze and report variances between budgeted and actual operational ...

Oatey

Cost Accountant II

Cleveland, OH

$80K - $98K/yr

Participate in month-end closing activities including journal entries, reconciliations, and cost-center/location reporting. * Analyze and report variances between budgeted and actual operational ...

Oatey

Cost Accountant II

Cleveland, OH · On-site

$80K - $98K/yr

Financial Reporting & Analysis Participate in month-end closing activities including journal entries, reconciliations, and cost-center/location reporting. Analyze and report variances between ...

Oatey

Cost Accountant II

Cleveland, OH · On-site

$80K - $98K/yr

Participate in month-end closing activities including journal entries, reconciliations, and cost-center/location reporting. * Analyze and report variances between budgeted and actual operational ...

Oatey Es

Cost Accountant II

Cleveland, OH

$80K - $98K/yr

Financial Reporting & Analysis Participate in month-end closing activities including journal entries, reconciliations, and cost-center/location reporting. Analyze and report variances between ...

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How much do cost center jobs pay per year?

As of Jul 17, 2026, the average yearly pay for cost center in the United States is $107,007.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,500.00 and $121,500.00 per year, depending on experience, location, and employer.

What is a cost center at work?

A cost center is a department or unit within an organization that incurs expenses but does not directly generate revenue. Employees working in a cost center focus on controlling costs and supporting operations, often using budgeting and financial analysis tools to monitor expenses.

What is the difference between a profit center and a cost center job?

A cost center job involves managing expenses within a department or unit without direct responsibility for generating revenue, focusing on controlling costs. In contrast, a profit center job is responsible for both costs and revenues, with a focus on maximizing profitability. Understanding these roles helps in budgeting, financial analysis, and performance evaluation within organizations.

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

To thrive as a Cost Center Manager, you need a solid background in finance or accounting, strong analytical abilities, and a relevant degree such as a bachelor's in business or finance. Familiarity with ERP systems, budgeting software, and financial reporting tools is typically required, along with knowledge of cost allocation methods. Attention to detail, effective communication, and problem-solving skills are vital soft skills for monitoring expenses and collaborating with other departments. These skills ensure accurate cost control, support strategic decision-making, and help the organization achieve its financial objectives.

What is the difference between Cost Center vs Budget Analyst?

AspectCost CenterBudget Analyst
Primary RoleTracks and manages expenses within specific departments or unitsPrepares, analyzes, and monitors budgets to ensure financial goals are met
Required CredentialsBasic accounting or finance knowledge; often no formal certificationDegree in finance, accounting, or related field; certifications like CPA or CFM beneficial
Work EnvironmentFinance or accounting departments within organizationsCorporate finance teams, government agencies, or consulting firms
Industry UsageCommonly used in organizations to allocate costsUsed for financial planning and control

While a Cost Center focuses on tracking expenses within specific departments, a Budget Analyst actively plans and manages budgets to control costs and support organizational financial goals. Both roles are essential in financial management but serve different functions within an organization.

What are the main responsibilities of a Cost Center Manager, and how does this role interact with other departments?

A Cost Center Manager is primarily responsible for overseeing the budget, expenditures, and cost-efficiency within a specific department or business unit. This role involves tracking expenses, preparing regular financial reports, and ensuring that spending aligns with organizational goals. Cost Center Managers frequently collaborate with other departments such as finance, operations, and procurement to share data, align on budgetary expectations, and support strategic decision-making. Effective communication and analytical skills are essential, as the manager must explain cost variances and suggest improvements to both departmental leaders and upper management.

What is a job cost center?

A job cost center is a specific area or department within a company where costs related to a particular project or activity are tracked separately. It helps organizations monitor expenses, allocate budgets, and analyze profitability for different projects or functions. Employees working in cost accounting or financial analysis often manage or utilize cost centers to ensure accurate financial reporting.

What are cost centers?

Cost centers are specific departments or units within an organization where costs are tracked and managed separately. They do not directly generate revenue but are essential for supporting the overall operations, such as human resources, IT, or accounting departments. By assigning expenses to cost centers, companies can analyze spending, improve budgeting, and monitor the efficiency of different parts of their business. This helps management make informed decisions about resource allocation and cost control.

What is cost center in salary?

A cost center in salary refers to a specific department or unit within an organization where expenses, including employee salaries, are tracked separately for budgeting and financial analysis. It helps organizations allocate costs accurately and monitor spending related to particular functions or projects. Employees working in a cost center are typically assigned to that area for cost management purposes.
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What job categories do people searching Cost Center jobs look for? The top searched job categories for Cost Center jobs are:
Cost Center jobs near you
Infographic showing various Cost Center job openings in the United States as of July 2026, with employment types broken down into 2% As Needed, 78% Full Time, 18% Part Time, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $107,007 per year, or $51.4 per hour.
Cost Control Specialist

Cost Control Specialist

Samsung Semiconductor, Inc.

Newberry, SC

Full-time

Posted 10 days ago

Samsung Electronics rating

6.7

Company rating: 6.7 out of 10

Based on 50 frontline employees who took The Breakroom Quiz

112th of 143 rated electronics manufacturers

Job description

Position Summary

The Cost Control Specialist supports the Finance department by ensuring accurate accounting and reporting of the company's expenses & fixed assets. This role is responsible for maintaining the integrity of the fixed asset register, analyzing capital expenditures, and assisting with cost control initiatives. The specialist will provide accurate financial data to support decision-making, compliance with accounting standards, and alignment with corporate financial policies.

Role and Responsibilities

Cost Control & Analysis
- Collect, analyze, and report on cost data by cost center, department, and project.
- Assist in preparing cost variance analysis (budget vs. actual) with commentary for management.
- Support cost forecasting and budgeting activities, including identifying trends and cost-saving opportunities.
- Work with operations, supply chain, and other departments to monitor cost drivers and improve efficiency.
- Provide financial analysis to support capital investment proposals and business cases.

Fixed Asset Management
- Maintain and update the fixed asset register, ensuring accurate capitalization, depreciation, and disposals.
- Review and approve fixed asset purchases and ensure compliance with company policies.
- Track and reconcile capital expenditures (CAPEX) against approved budgets and Work Breakdown Structure (WBS) codes.
- Support fixed asset audits, physical verifications, and reconciliations with operations teams.
- Prepare fixed asset roll-forward schedules and assist with month-end and year-end close processes.
- Ensure compliance with corporate accounting policies, GAAP/IFRS, and internal controls related to asset management.

General Finance Support
- Assist in month-end close activities related to costing and fixed assets.
- Prepare journal entries, reconciliations, and supporting documentation.
- Provide ad hoc analysis and reporting to management as needed.
- Support compliance with internal and external audits.

#LI-ONSITE

Skills and Qualifications

Education:
- Bachelor's degree in Accounting, Finance, or a related field.

Experience:
- 2-4 years of experience in fixed asset management/cost analysis or accounting, preferably in a manufacturing environment.

Technical Skills:
- Proficiency in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and fixed asset management software.
- Advanced Excel skills (e.g., pivot tables, VLOOKUP, formulas).
- Knowledge: In-depth understanding of GAAP/IFRS related to fixed asset accounting and depreciation.

Soft Skills:
- Strong analytical skills, attention to detail, communication, organization, and ability to meet tight deadlines.

Preferred Qualifications:
- Experience with cost analysis & control
- Experience with fixed asset management.
- Knowledge of manufacturing industry practices and workflows.

General Notice:

"Candidates are expected to honor their obligations to former employers. SEHA does not seek access to, and expressly prohibits the use or disclosure of, any confidential information, proprietary materials, or trade secrets belonging to any prior employer or third party, either during the hiring process or in the course of employment."

General Notice: Candidates are expected to honor their obligations to former employers. SEHA does not seek access to, and expressly prohibits the use or disclosure of, any confidential information, proprietary materials, or trade secrets belonging to any prior employer or third party, either during the hiring process or in the course of employment.

* Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here.

* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.

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