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Cost Recovery Analyst Jobs (NOW HIRING)

$71 - $104/hr

Financial & Cost Recovery Operations * Serve as the division's subject matter expert for IT cost ... Analyze financial and service data, identify discrepancies and trends, and develop forecasts and ...

$71 - $104/hr

Financial & Cost Recovery Operations * Serve as the division's subject matter expert for IT cost ... Analyze financial and service data, identify discrepancies and trends, and develop forecasts and ...

Support Rate Cases and Cost Recovery Filings * Assist with preparation of Rate increase petitions ... Analyze utility rate structures and benchmark utility practices. * Provide recommendations and ...

Support Rate Cases and Cost Recovery Filings * Assist with preparation of Rate increase petitions ... Analyze utility rate structures and benchmark utility practices. * Provide recommendations and ...

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Cost Recovery Analyst information

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$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.

Site Construction Cost Manager - North

Applied Digital Corporation

Dallas, TX โ€ข On-site

Full-time

Posted 2 days ago

New


Job description

About Applied Digital: 

At Applied Digital, we are the epicenter of AI innovation, crafting cutting-edge data center solutions tailored for the demands of high-performance computing. Designed from the ground up to support AI and machine learning workloads, our infrastructure is the backbone of tomorrow’s technological advancements, including AI-driven video and generative platforms. 

We are: 

  • Forward-Thinkers: With a keen eye on current market trends and future innovations, we adapt swiftly and lead technological evolution. 
  • Resilient: We navigate complex challenges and emerge stronger, delivering robust and reliable solutions for industry pioneers. 
  • Innovative Designers: Leveraging the latest technologies, we create visionary solutions that redefine industry standards. 


At Applied Digital, we are committed to solving intricate problems, advancing business initiatives, maximizing operational efficiency, and reducing our carbon footprint. We are a team of resilient, forward-thinking innovators driving the AI revolution. 


Position Summary

The Site Construction Cost Manager is responsible for driving commercial performance across large-scale capital construction projects, with a primary focus on cost management, change order evaluation, budget oversight, General Contractor pricing review, and contractor commercial negotiations. This role serves as a critical partner to Construction, Finance, and Procurement teams to ensure project budgets are effectively managed, cost-saving and cost-recovery opportunities are identified, and procurement strategies support overall project objectives. Data center experience is strongly preferred.


Approximately two-thirds of the role is dedicated to cost management and commercial oversight, with the remaining one-third focused on procurement, sourcing, contract support, and invoice & vendor management.


The role requires on-site presence (approximately 50% travel) for 1-2 weeks per month, with full-time on-site presence preferred to support direct engagement with project teams, General Contractors, and field execution activities.


Key Responsibilities

Cost Management & Commercial Oversight

  • Review, analyze, and manage large-scale capital project budgets.
  • Lead commercial reviews of General Contractor estimates, GMPs, budget updates, and cost forecasts.
  • Challenge General Contractor pricing assumptions, evaluate trade-level cost drivers, and ensure pricing aligns with scope, market conditions, and contract requirements.
  • Scrutinize change orders to ensure pricing accuracy, contractual compliance, and value optimization.
  • Identify, negotiate, and document cost savings, cost recovery, and cost avoidance opportunities across projects, with a minimum target of 2% budget impact.
  • Analyze construction cost trends, market conditions, escalation impacts, and pricing assumptions.
  • Develop cost benchmarking and comparative analyses across projects, regions, contractors, and trade packages.
  • Review contractor contingency usage, allowances, and budget transfers.
  • Support executive reporting related to project budgets, forecast accuracy, commitments, and cost risks.
  • Identify and mitigate cost overruns through proactive commercial management.
  • Support dispute resolution and commercial negotiations related to project cost impacts.


Procurement & Sourcing

  • Partner with General Contractors to support sourcing strategies for on-site construction services, equipment, and major project packages, as needed.
  • Support contractor and vendor selection processes,