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Cost Planning Jobs (NOW HIRING)

TITLE Cost Planning Analyst COMPANY JTEKT North America - ASBU DEPARTMENT Cost Planning LOCATION Vonore, TN or Morristown, TN CLASSIFICATION Salaried Exempt REPORTS TO Manager, Cost Planning GRADE ...

TITLE Cost Planning Analyst COMPANY JTEKT North America - ASBU DEPARTMENT Cost Planning LOCATION Vonore, TN or Morristown, TN CLASSIFICATION Salaried Exempt REPORTS TO Manager, Cost Planning GRADE ...

Senior Cost Planning Analyst

Blythewood, SC · On-site

$66K - $84K/yr

TITLE Cost Planning Analyst COMPANY JTEKT North America - ASBU DEPARTMENT Cost Planning Blythewood, SC CLASSIFICATION Salaried Exempt REPORTS TO Director, Driveline Segment GRADE 106 REVISION DATE 4 ...

TITLE Cost Planning Analyst COMPANY JTEKT North America - ASBU DEPARTMENT Cost Planning Blythewood, SC CLASSIFICATION Salaried Exempt REPORTS TO Director, Driveline Segment GRADE 106 REVISION DATE 4 ...

If you like the idea of supporting feasibility, cost planning and procurement this role offers the opportunity to contribute across the project lifecycle. Delivers cost management services across ...

If you like the idea of supporting feasibility, cost planning and procurement this role offers the opportunity to contribute across the project lifecycle. Delivers cost management services across ...

Cost Manager

San Juan, PR · Hybrid

$130K/yr

Leads feasibility, procurement, cost planning and contract administration to ensure robust project delivery. * Manages cost control, valuations, reporting and final account processes with clarity and ...

Palm Bay, FL Job Schedule: 9/80 (Every other Friday off) The SAS1 Cost Planning department within the Space & Mission Systems Segment of L3Harris is seeking an analyst to lead the SAS1 Manufacturing ...

Leads feasibility, procurement, cost planning and contract administration to ensure robust project delivery. * Manages cost control, valuations, reporting and final account processes with clarity and ...

Leads feasibility, procurement, cost planning and contract administration to ensure robust project delivery. * Manages cost control, valuations, reporting and final account processes with clarity and ...

Leads feasibility, procurement, cost planning and contract administration to ensure robust project delivery. * Manages cost control, valuations, reporting and final account processes with clarity and ...

Applies advanced technical expertise within a defined discipline, ensuring robust cost planning, control and reporting, while supporting successful outcomes across both new and ongoing commissions.

Applies advanced technical expertise within a defined discipline, ensuring robust cost planning, control and reporting, while supporting successful outcomes across both new and ongoing commissions.

Managing effective cost planning, procurement, and delivery of cost management services that support strategic outcomes for clients. * Ensuring ethical, commercially sound operations while advancing ...

Managing effective cost planning, procurement, and delivery of cost management services that support strategic outcomes for clients. * Ensuring ethical, commercially sound operations while advancing ...

Manages, estimating and cost planning activities to include taking ownership of and presenting the final cost plan. * Assists in procurement and selection of main contractor. * Prepares contract ...

Manages, estimating and cost planning activities to include taking ownership of and presenting the final cost plan. * Assists in procurement and selection of main contractor. * Prepares contract ...

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Cost Planning information

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$39K

$107K

$147K

How much do cost planning jobs pay per year?

As of Aug 8, 2026, the average yearly pay for cost planning 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.

How does a cost planning professional typically collaborate with project managers and other stakeholders during a project's lifecycle?

Cost Planning professionals work closely with project managers, engineers, and finance teams to ensure that project budgets are realistic and adhered to throughout the project lifecycle. They participate in initial cost estimation, monitor expenditure against budgets, and provide regular cost reports to inform decision-making. Effective collaboration involves attending project meetings, reviewing design changes, and communicating potential cost impacts early, helping to minimize overruns and keep the project on track. Open and proactive communication with various stakeholders is crucial for successful cost control and project delivery.

What does cost planning mean?

Cost planning is a key responsibility in the job of a cost planner or project manager, involving estimating, budgeting, and controlling project costs to ensure financial efficiency. It requires analyzing project scope, resources, and timelines, often using tools like cost estimation software, to develop accurate budgets and monitor expenses throughout the project lifecycle.

What is the difference between Cost Planning vs Cost Estimation?

AspectCost PlanningCost Estimation
PurposeDevelops a detailed budget and manages costs throughout a projectProvides an approximate cost for a project or component
TimingEarly project phases and ongoing controlPreliminary phase, before detailed planning
Detail LevelHigh, with detailed budgets and cost control measuresLow to medium, rough approximations
Tools & TechniquesCost breakdown structures, budgeting softwareAnalogous, parametric, or bottom-up methods

Cost Planning focuses on creating and managing a detailed budget throughout a project's lifecycle, ensuring costs stay within limits. Cost Estimation provides an initial approximate cost to assess feasibility and inform decision-making. Both are essential but serve different stages and purposes in project management.

What is cost planning?

Cost planning is the process of estimating, budgeting, and controlling costs throughout a project's lifecycle to ensure it stays within the approved budget. It involves forecasting the expenses associated with resources, materials, labor, and other project requirements. Cost planning helps organizations make informed financial decisions, identify potential cost overruns early, and optimize resource allocation for maximum efficiency.

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

To thrive as a Cost Planner, you need strong analytical abilities, attention to detail, and a background in finance, engineering, or quantity surveying, often supported by relevant degrees or certifications. Proficiency in cost estimation software (such as CostX or Bluebeam), Excel, and familiarity with project management systems is essential. Excellent communication, negotiation, and problem-solving skills help you collaborate effectively with project teams and stakeholders. These skills ensure accurate budgeting, cost control, and successful project delivery within financial constraints.
More about Cost Planning jobs
What cities are hiring for Cost Planning jobs? Cities with the most Cost Planning job openings:
What states have the most Cost Planning jobs? States with the most job openings for Cost Planning jobs include:
What job categories do people searching Cost Planning jobs look for? The top searched job categories for Cost Planning jobs are:
Infographic showing various Cost Planning job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $107,007 per year, or $51.4 per hour.

Cost Planning Analyst

jtekt

Morristown, TN • On-site

Other

Re-posted 27 days ago


JTEKT rating

7.0

Company rating: 7.0 out of 10

Based on 33 frontline employees who took The Breakroom Quiz

351st of 487 rated machine equipment manufacturers


Job description

TITLE

Cost Planning Analyst

COMPANY

JTEKT North America - ASBU

DEPARTMENT

Cost Planning

LOCATION

Vonore, TN or Morristown, TN

CLASSIFICATION

Salaried Exempt

REPORTS TO

Manager, Cost Planning

GRADE

105

REVISION DATE

4/10/18

REVISION LEVEL

4/10/18

Summary/Purpose

Position is responsible for tracking, reporting, coordinating development of strategy, and ultimately driving companywide efforts to ensure that new ASBU products launch at target profit level and current business portfolio achieves/maintains acceptable financial performance.

Essential Duties and Accountabilities:

  • Coordinate cross functional team efforts to ultimately develop product quotes for new business inquiries from customers
    • Cost planning tracking for new programs, monitoring profitability, setting cost targets
    • Support cost reduction activities on current production programs in effort to maximize margin
    • Support make vs. buy analysis as required for outsourcing vs. in-house production.
    • Engineering change log tracking for profitability improvement
    • Lead activity and reporting on open issues, follow-up activities and countermeasure tracking for cost plans (support QG milestone meetings as well as JNA Management meetings)
    • Support response development to RFQ’s for in-house investment and cost planning
    • Support development of feasibility studies (along with Sales) as required to support new business inquiries
    • Ability to handle stressful situations and confidence to lead teams in efficiently executing corporate strategy
    • Work daily overtime and Saturdays and/or Sundays when directed by immediate supervisor or, as necessary, to complete essential job duties.
    • Perform other duties as assigned

Supervisory Responsibilities:

  • This position has no supervisory responsibilities.

Job Knowledge, Skills and Abilities:

  • Very strong MS Office skills – Specifically Excel (Data manipulation, storyboard development, complex modeling, etc.)
    • Organizational skills that promote efficiency and leadership
    • Basic knowledge of applicable quality, health, safety, and environmental management systems
    • Excellent communication skills, both verbal and written
    • Self-motivated, persistent, possess excellent organizational and analytical skills
    • Ability to work in a participative management environment and maintain a drive for accomplishment of responsibilities

Education and Experience:

  • Bachelor’s Degree in Accounting, Finance, Engineering, Business, or Related Field and  2 years job related experience
    • Financial cost reporting and analysis experience, preferably in manufacturing environment

Work Environment/Physical Demands:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Work is mostly performed in a normal office setting with minimal exposure to health or safety hazards, and with substantial time spent working on a computer. Requires sufficient hand, arm, and finger dexterity to operate computer keyboard and other office equipment.
    • The performance of this position may occasionally require exposure to manufacturing areas which require the use of personal protective equipment such as safety glasses with side shields and mandatory hearing protection.
    • Maintain a minimum of 8 hours worked/day, 5 days/week with daily overtime and weekend work as required.
    • Travel by automobile and plane required approximately 25% of time.

Employee may perform other duties as requested, directed or assigned

  

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