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Cost Price Analyst Jobs (NOW HIRING)

As the primary cost and price analyst for sensitive or high-stakes contracts, you will work closely with Contracting Officers to deliver reliable, data-driven pricing analyses that are critical to ...

As the primary cost and price analyst for sensitive or high-stakes contracts, you will work closely with Contracting Officers to deliver reliable, data-driven pricing analyses that are critical to ...

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Cost Price Analyst information

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$37K

$86.3K

$127.5K

How much do cost price analyst jobs pay per year?

As of Aug 19, 2026, the average yearly pay for cost price 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 is a cost price analyst?

Cost Price Analysts are professionals who evaluate and analyze the costs associated with producing goods or providing services within an organization. They focus on determining the true cost of products by considering materials, labor, overhead, and other expenses. Their analysis helps businesses set competitive prices, identify cost-saving opportunities, and improve profitability. Cost Price Analysts often work closely with departments like finance, production, and procurement to ensure accurate and efficient cost management.

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

To thrive as a Cost Price Analyst, strong analytical skills, experience with cost accounting, and a degree in finance, accounting, or a related field are essential. Familiarity with ERP systems, advanced Excel functions, and cost estimation software like SAP or Oracle is typically required. Attention to detail, problem-solving abilities, and effective communication skills help analysts interpret data and present findings clearly. These skills enable accurate cost analysis, informed pricing strategies, and support for business decision-making.

What are some common challenges faced by cost price analysts in managing data from multiple sources?

Cost Price Analysts often work with data from various departments such as procurement, finance, and production. One common challenge is ensuring the accuracy and consistency of data, as discrepancies can impact cost calculations and pricing strategies. Analysts must be detail-oriented and skilled in data validation to reconcile differences and provide reliable reports. Strong communication and collaboration with other teams are essential to address data gaps and improve processes.

What is the difference between Cost Price Analyst vs Cost Accountant?

AspectCost Price AnalystCost Accountant
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CPA or CMA are a plusRequires a bachelor's degree in accounting or finance; CPA or CMA certifications are common
Work EnvironmentWorks in manufacturing, retail, or logistics companies analyzing product costs and pricing strategiesWorks in accounting departments, preparing financial statements and cost reports
Industry UsageUsed across industries to optimize product pricing and profitabilityPrimarily in accounting firms and corporate finance departments

While both roles involve cost analysis, a Cost Price Analyst focuses on determining product costs and pricing strategies, often working closely with sales and production teams. A Cost Accountant handles broader financial reporting and cost management within the accounting department. Both roles require similar credentials but serve different functions within an organization.

What degree do you need to be a cost price analyst?

A cost price analyst typically needs at least a bachelor's degree in fields such as finance, accounting, economics, or business administration. Relevant skills include data analysis, proficiency with spreadsheets and financial software, and understanding of cost accounting principles.
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What cities are hiring for Cost Price Analyst jobs?

Cities with the most Cost Price Analyst job openings:

What states have the most Cost Price Analyst jobs?

States with the most job openings for Cost Price Analyst jobs include:

Infographic showing various Cost Price Analyst job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Sr. Cost Price Analyst (Part-Time)

Tech7 Consulting LLC

Colorado Springs, CO โ€ข On-site

$51 - $60/hr

Other

Medical, Retirement, PTO

Posted 18 days ago


Job description

Who is Tech7?

The Tech7 company is a top provider of support for rapid solutions development, complex systems integration, and the onboarding of commercial capabilities. Since our establishment in 2015, we’ve earned a solid reputation for honesty, innovation, and quality. Our team of experts has vast experience in complex systems gained from working across various sectors. With this experience, we offer end-to-end support throughout the integration of new technologies, from initial concept to ongoing operations and maintenance.

Tech7 is seeking a Part-Time Cost Price Analyst to join our team. The Cost/Price Analyst supports the development, analysis, and submission of cost and price proposals for U.S. Department of Defense and other federal government customers. This position works closely with capture, proposal, contracts, finance, accounting, human resources, program management, and technical teams to develop compliant, accurate, competitive, and well-supported pricing solutions.

The successful candidate will have experience interpreting government solicitations, developing pricing models, preparing cost volumes, and supporting fact-finding, audits, and negotiations. The position may be filled at the mid or senior level based on the candidate’s experience and demonstrated ability to independently lead complex pricing efforts.

The position may be performed onsite, remotely, or in a hybrid arrangement based on company and customer requirements in the Colorado Springs or Los Angeles area preferred.

Key Responsibilities

  • Review Requests for Proposals, Requests for Quotations, task order solicitations, and other government procurement documents to identify pricing requirements, assumptions, evaluation criteria, and submission instructions.
  • Develop detailed cost and price models for competitive and sole-source proposals, including labor, materials, subcontracts, consultants, travel, other direct costs, indirect costs, escalation, fee, and applicable taxes.
  • Prepare pricing for cost-reimbursement, time-and-materials, labor-hour, fixed-price, and hybrid contract types.
  • Develop labor rates using company compensation data, market salary surveys, geographic factors, security-clearance requirements, escalation assumptions, and applicable wage determinations.
  • Apply company-approved indirect rates and other estimating assumptions.
  • Prepare compliant cost and pricing narratives, basis-of-estimate documentation, pricing summaries, and supporting schedules.
  • Coordinate with technical and program personnel to validate staffing plans, labor mixes, hours, materials, travel, subcontractor requirements, and other estimating inputs.
  • Evaluate proposal pricing for mathematical accuracy, internal consistency, regulatory compliance, reasonableness, and alignment with the technical solution.
  • Support subcontractor and vendor pricing analysis, including proposal evaluation, price comparisons, cost analysis, and documentation of fair and reasonable pricing.
  • Conduct competitive pricing analysis, scenario modeling, sensitivity analysis, and price-to-win assessments.
  • Support proposal reviews, pricing strategy discussions, management briefings, and approval processes.
  • Respond to government evaluation notices, clarification requests, fact-finding questions, audit inquiries, and requests for additional cost or pricing support.
  • Assist with Truthful Cost or Pricing Data submissions, certificates of current cost or pricing data, and related disclosure requirements when applicable.
  • Maintain organized and auditable pricing files, assumptions, source documentation, approvals, and proposal records.
  • Support post-award activities, including rate updates, contract modifications, requests for equitable adjustment, and pricing of additional work.
  • Monitor changes to the Federal Acquisition Regulation, Defense Federal Acquisition Regulation Supplement, and other requirements affecting government contracting and pricing.
  • Develop and improve estimating policies, pricing templates, proposal procedures, and internal controls.

Required Qualifications

  • Bachelor’s degree in finance, accounting, economics, business administration, mathematics, or a related discipline. Relevant experience may be considered in place of a degree.
  • At least five years of relevant experience for the mid-level position or eight years of relevant experience for the senior-level position.
  • Experience developing cost and price proposals for DoD or other federal government customers.
  • Working knowledge of the FAR and DFARS requirements applicable to government contract pricing.
  • Experience with multiple government contract types, including fixed-price, cost-reimbursement, time-and-materials, and labor-hour contracts.
  • Strong Microsoft Excel skills, including complex formulas, linked worksheets, pivot tables, scenario modeling, and large pricing workbooks.
  • Ability to analyze detailed financial and technical information and identify inconsistencies, omissions, risks, and unsupported assumptions.
  • Ability to manage multiple assignments and meet firm proposal deadlines in a fast-paced environment.
  • Strong written and verbal communication skills.
  • High level of accuracy, attention to detail, organization, and professional judgment.
  • Ability to work effectively with technical, operational, contracts, finance, accounting, human resources, and executive personnel.
  • Ability to handle proprietary, procurement-sensitive, and confidential information appropriately.
  • U.S. citizenship may be required based on customer and contract requirements.

Preferred Qualifications

  • Experience supporting proposals for the Department of the Air Force, U.S. Space Force, or other defense and intelligence community customers.
  • Experience pricing work requiring cleared personnel or highly specialized technical labor.
  • Experience with government cost and price analysis, indirect-rate development, forward-pricing-rate agreements, or incurred-cost submissions.
  • Experience with the Federal Acquisition Regulation, Defense Federal Acquisition Regulation Supplement, and other requirements affecting government contracting and pricing.
  • Experience supporting Defense Contract Audit Agency or Defense Contract Management Agency reviews.
  • Experience with General Services Administration schedules, indefinite-delivery/indefinite-quantity contracts, multiple-award contracts, and task-order competitions.
  • Experience using pricing, accounting, enterprise resource planning, or proposal-management systems.
  • Experience developing price-to-win analyses and competitive pricing strategies.
  • Current or prior security clearance.

Knowledge, Skills, and Abilities

  • Thorough understanding of government proposal pricing principles and practices.
  • Ability to translate technical staffing and performance requirements into defensible cost estimates.
  • Ability to distinguish between cost analysis, price analysis, and cost realism analysis.
  • Strong analytical and problem-solving abilities.
  • Ability to clearly document the source, methodology, rationale, and assumptions supporting proposed costs.
  • Ability to communicate complex pricing concepts to both financial and nonfinancial stakeholders.
  • Ability to work independently while maintaining close coordination with cross-functional proposal teams.

Work Environment

This position operates in a deadline-driven proposal environment and may require additional hours during major proposal submissions, fact-finding activities, or negotiations.

Please note that the pay information shown below is a general guideline only. Wages are commensurate with experience and qualifications, as well as market and business considerations. Hourly Pay Transparency Range: $51.00 - $60.00

This position is Part-Time up to 30 hours per week. Part-Time positions are not eligible for medical benefits or paid holidays.

Tech7 Benefits Package Highlights:

  • 401k with company contribution
  • Annual Bonus
  • PTO accrual
  • Competitive pay

Tech7 is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, age, gender, sexual orientation, gender identity, marital status, disability, protected veteran status, or any other basis protected by applicable federal, state or local law. Visit us at www.tech7.us.