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Cost Recovery Analyst Jobs (NOW HIRING)

$120 - $180/hr

Recommends fees for consular and reimbursable services in accordance with applicable laws, regulations, and policies to ensure cost recovery * Analyze unit costs to account for various scenarios that ...

Regulatory Rate Analyst, Progression REPORTS TO: Sr. Manager, Rates or Regulatory Affairs ... Perform cost-effectiveness evaluations on cost recovery programs to ensure FPSC compliance and ...

Regulatory Rate Analyst, Progression REPORTS TO: Sr. Manager, Rates or Regulatory Affairs ... Perform cost-effectiveness evaluations on cost recovery programs to ensure FPSC compliance and ...

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Cost Recovery Analyst information

See salary details

$37K

$86.3K

$127.5K

How much do cost recovery analyst jobs pay per year?

As of Sep 7, 2026, the average yearly pay for cost recovery 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 recovery analyst do?

A Cost Recovery Analyst is responsible for identifying costs that can be recovered from clients, vendors, or government programs, and ensuring that these recoverable expenses are accurately tracked, reported, and reimbursed. They analyze financial data, review contracts, and work closely with other departments to maximize the organization's reimbursement opportunities. Their work helps companies minimize financial losses and improve overall profitability by recovering eligible costs efficiently.

What are the key skills and qualifications needed to thrive as a cost recovery analyst?

To thrive as a Cost Recovery Analyst, you need strong analytical skills, proficiency in financial reporting, and a background in accounting or finance, often supported by a relevant degree. Familiarity with ERP systems, advanced Excel functions, and sometimes certifications like CPA or CMA are typically required. Attention to detail, problem-solving, and effective communication are crucial soft skills for collaborating with stakeholders and ensuring data accuracy. These competencies are essential for accurately identifying recoverable costs, optimizing financial processes, and supporting organizational profitability.

How does a cost recovery analyst typically collaborate with other departments within an organization?

A Cost Recovery Analyst works closely with departments such as finance, operations, and project management to gather and verify cost data, ensure compliance with contractual obligations, and develop accurate billing or reimbursement reports. They often participate in cross-functional meetings to clarify financial requirements, resolve discrepancies, and streamline recovery processes. Effective communication and collaboration are essential, as the analyst must interpret complex financial data and explain findings or recommendations to both technical and non-technical stakeholders.

What is the difference between Cost Recovery Analyst vs Budget Analyst?

AspectCost Recovery AnalystBudget Analyst
CredentialsTypically requires a bachelor's degree in finance, accounting, or related fieldRequires a bachelor's degree in finance, accounting, or related field
Work EnvironmentWorks in finance, accounting, or project management departments within various industriesWorks in government agencies, corporations, or non-profits managing financial plans
Employer & Industry UsageCommon in utilities, government, and infrastructure sectorsCommon across public and private sectors for financial planning

Both roles require similar educational backgrounds and are used in finance-related environments. The main difference is that a Cost Recovery Analyst focuses on identifying and recovering costs associated with projects or services, while a Budget Analyst primarily develops and manages budgets. Understanding these distinctions helps in choosing the right career path or job search focus.

More about Cost Recovery Analyst jobs
Infographic showing various Cost Recovery 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 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Senior Financial Analyst/Cost Modeler (RMU)

Cape Fox Corporation

On-site

$120 - $180/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Job description

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Job TitleJob Description

Cape Fox subsidiary, Kwaan Tech, LLC, is seeking a highly organized and motivated Senior Financial Analyst/Cost Modeler to support the Resource Management Unit (RMU) for a federal government client. The position will support budget strategy and planning, service level agreements, interagency agreements, legislative proposals, cost assessments and fee setting, rulemaking, and audit and management control processes. This position is contingent upon contract award.

The above salary range represents the company’s good faith and reasonable estimate of the range of possible compensation at the time of posting. In addition, we offer a variety of benefits, including company holidays, paid time off, health insurance, dental insurance, vision insurance, life and disability insurance, tuition reimbursement, as well as a 401K with company match. This job will be posted until filled or withdrawn.

Core Duties
  • Functions as a Cost Modeler/Senior Financial Analyst performing expert analysis, coordination, and running of the Cost-of-Service Model (CoSM) software for the RMU
  • Drafts and delivers annual cost model updates per requirements from designated Government Point of Contact in collaboration with team
  • Serves as Costing expert for consular services
  • Uses knowledge of consular services and functions to verify the assumptions and calculations in the cost model
  • Recommends fees for consular and reimbursable services in accordance with applicable laws, regulations, and policies to ensure cost recovery
  • Analyze unit costs to account for various scenarios that affect changes in workload, resources, costs, and policies
  • Maintains multiple auditable versions of annual cost model data sets with multiple permutations that reflect various phases of the federal budget cycle and policy requirements
  • Uses advanced data analysis tools, including SQL, R, and Python, to integrate data from multiple sources for analysis and integration into the cost modeling software
  • Recommends and implements changes to the model structures and processes to improve the balance of efficiency, accuracy, and precision of the annual cost analysis
  • Applies expert knowledge of consular services, fees, and collection authorities to assist with revenue and carryforward analysis
  • Updates Standard Operating Procedures for maintaining the cost model, data collection integration, and data structure
  • Trains colleagues on the model, data collection, and software to support a whole team’s effort in efficient and accurate cost modeling
  • Participation in all team meetings is directed to include topics such as planning, preparation, data collection and analysis, data validation, modeling, model data validation, unit cost analysis, and fee and revenue analysis
  • Provides expert recommendations and innovations to take full advantage of cost modeling techniques, software, and policies to improve efficiency and accuracy of cost models
  • Other duties as required by the team and /or assigned byRMU leadership
Travel Requirements

0 - 10%

Job RequirementsRequirements
  • Must hold a bachelor’s degree
  • 10 years of experience in project or programming management
  • Expert knowledge and demonstrated use of Activity Based Costing (ABC) methodology
  • Expertise in working with large data extracts and files, including sorting expenditure data to format for fee modeling purposes
  • Knowledge and skills in utilizing user fee statutes, regulations, and policies
  • Skills in advanced data analytic tools, including Python, R, SQL
  • Experience conducting risk analysis and statistical forecasting
  • Data visualization skills, particularly in Power BI, R, and/or Tableau strongly preferred
  • Expert knowledge of data collection, manipulation, modeling, and analysis
  • Familiarity with federal financial systems preferred
  • Experience in providing documents, responding to findings, and creating responses for external audiences, including General Accountability Office (GAO) and Office of the Inspector General (OIG) audits
  • Must possess excellent verbal and written communication skills
  • Must possess a customer service approach, to include but not limited to a people-first attitude, problem-solving, and maintaining the highest standards of personal/professional ethics
  • Must be Proficient in the use of Microsoft applications (MS Word, PowerPoint, and Excel)
  • Knowledge of and skill in use of various virtual meeting platforms to include Microsoft Teams, Webex, and Zoom with the ability to adapt to using other various remote work tools
  • Expert knowledge of and skill in applying analytical and evaluative techniques in order to plan, schedule, and analyze complex processes
  • Department of State experience required
  • Experience performing consular activities and processes, strongly preferred
  • Must be a U.S. citizen with a valid U.S. passport and possess or obtain/maintain a minimum Secret clearance
  • Must have authorization to work in the United States as defined by the Immigration Reform Act of 1986

Cape Fox Corporation, its subsidiaries, and affiliates provide equal employment opportunities to all persons and prohibit employment decisions on the basis of race, religion, color, creed, national origin, sex, age, disability, political affiliation, protected veteran status, or sexual orientation, or any other characteristic protected by federal, state, or local law. Cape Fox Corporation, its subsidiaries, and affiliates offer preference to Cape Fox Corporation Shareholders, descendants, and other Native Americans pursuant to Public Law 100-241.

#CJ

Category

Accounting / Finance

Location

Arlington (DOS) - Arlington, VA 22209 US (Primary)
Washington, DC (DOS) - Washington, DC 20006 US

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