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Cost Specialist Jobs (NOW HIRING)

Cost Specialist II

Houston, TX ยท On-site

$61/hr

Job Title: Cost Specialist II Location: Houston, TX Zip Code: 77042 Duration: 12 Months Pay Rate: $ 61/hr. Keyword's: #Houstonjobs; #CostSpecialistjobs. Start Date: Immediate 'We provide a ...

Product Cost Specialist Overtime @ 1.5/hr after 40 hours available Location: Montgomery, AL Position Summary: Performs product cost accounting functions in an automotive manufacturing environment to ...

EPM Budget and Cost Specialist

Maryville, TN ยท On-site

$87.94K - $109.92K/yr

EPM Budget and Cost Specialist This is a Business Admin role that supports the EPM Pillar. The team member will work with EDMC to perform configurations and develop hierarchies. This team member will ...

EPM Budget and Cost Specialist This is a Business Admin role that supports the EPM Pillar. The team member will work with EDMC to perform configurations and develop hierarchies. This team member will ...

Pharmacy Cost Specialist

Farmington, UT ยท On-site

$75K - $80K/yr

Perform pharmacy cost analysis, audits, and trend identification to support leadership * Track and maintain savings initiatives, credits, rebates, and audit outcomes * Conduct invoice and billing ...

Manage accounts receivable, job cost control, and cash collections for assigned projects. * Prepare and submit monthly substantiated costs for multiple projects by gathering supporting documentation ...

Job Cost Specialist

Bellevue, WA ยท On-site

$28 - $37/hr

Manage accounts receivable, job cost control, and cash collections for assigned projects. * Prepare and submit monthly substantiated costs for multiple projects by gathering supporting documentation ...

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Cost Specialist information

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$16

$35

$57

How much do cost specialist jobs pay per hour?

As of May 28, 2026, the average hourly pay for cost specialist in the United States is $35.66, according to ZipRecruiter salary data. Most workers in this role earn between $22.36 and $45.67 per hour, depending on experience, location, and employer.

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

To thrive as a Cost Specialist, you need strong analytical skills, attention to detail, and a background in finance, accounting, or related fields, often supported by a relevant degree. Familiarity with cost estimation software, ERP systems, and advanced Excel functions is typically required. Excellent communication, problem-solving abilities, and organizational skills help you collaborate effectively and manage complex data. These skills are crucial for providing accurate cost analysis, supporting budgeting decisions, and ensuring financial efficiency within organizations.

How does a Cost Specialist typically interact with project managers and other departments during a project's lifecycle?

A Cost Specialist works closely with project managers, procurement teams, and finance departments to ensure project budgets are accurately developed, monitored, and controlled. Regular collaboration involves reviewing cost estimates, tracking expenditures, and preparing financial reports that inform key project decisions. Effective communication and teamwork are essential, as Cost Specialists often participate in meetings to discuss budget updates, address cost overruns, and recommend corrective actions. This role requires balancing analytical tasks with cross-functional collaboration to keep projects financially on track.

What are Cost Specialists?

Cost Specialists are professionals who analyze, estimate, and manage costs associated with projects, products, or operations. They play a key role in budgeting, forecasting, and cost control, ensuring that resources are used efficiently to maximize profitability. Cost Specialists often work closely with project managers, engineers, and finance teams to track expenses, prepare cost reports, and identify areas for cost savings. Their expertise helps organizations make informed financial decisions and stay within budget.

What is the difference between Cost Specialist vs Cost Analyst?

AspectCost SpecialistCost Analyst
Required CredentialsTypically a bachelor's degree in finance, accounting, or related field; certifications like CPC or CMA are commonSimilar educational background; often holds certifications like CPC or CMA
Work EnvironmentWorks within finance or accounting departments, often in manufacturing, construction, or corporate settingsWorks in finance, accounting, or project management teams across various industries
Employer & Industry UsageUsed by companies managing project costs, budgets, and financial planningEmployed to analyze costs, identify savings, and support budgeting processes

While both roles focus on cost management, a Cost Specialist typically handles cost control and reporting within specific projects or departments, whereas a Cost Analyst conducts detailed cost analysis to inform strategic decisions. The roles often overlap but differ mainly in scope and focus.

More about Cost Specialist jobs
Who are the top companies hiring for Cost Specialist jobs? The top employers for Cost Specialist jobs are:
What states have the most Cost Specialist jobs? States with the most job openings for Cost Specialist jobs include:
What are popular job titles related to Cost Specialist jobs? For Cost Specialist jobs, the most frequently searched job titles are:
COST SPECIALIST

Full-time

Posted 19 days ago


Job description

POSITION SUMMARY

Cost specialists are responsible for managing all costs associated with the assigned line of business as well as interfacing with all aspects and personnel of COMPANY requisition to pay process in order to allow the process to be seamless and delay-free.

ESSENTIAL DUTIES AND RESPONSIBILITIES

(This is a representative list of the duties the position may be asked to perform and is not intended to be all-inclusive.)

  • Create, coordinate and maintain building estimates
  • Responsible for tracking and managing cost of various projects
  • Collaborate with various team members and/or other departments on various projects
  • Ensure that any potential risk with the cost of the project is identified and clearly communicated to all relevant stakeholders
  • Responsible for developing forecast while integrating the scope growth process with the forecast
  • Understanding and responsible for extracting data at the WBS and WO level
  • Responsible for performing data analysis
  • Responsible for creating, amending, and closing the purchase order process
  • Creating and closing the experience with project builder, WBS, WO, and Network in the SAP system
  • Review status reports prepared by project personnel and modify schedules or plans as needed
  • Compile and generate periodic reports and templates all relevant stakeholders
  • Demonstrates strong adherence to Company policies and procedures, as well as company values
  • Perform all other duties as assigned by manager and/or supervisor

MINIMUM QUALIFICATIONS AND REQUIREMENTS

  • High school degree or equivalent education or related field
  • BS/BA degree in Accounting, Cost Specialist managing or related field preferred
  • 5+ years experience in the Oil and Fabrication Industry
  • 5+ years of experience as a Cost Specialist managing multiple, ongoing, large projects. Experience with managing large volumes of data โ€“ such as using Power Platform (Excel โ€“Power Query, SAP, Power Pivot)
  • Strong knowledge/mastery in SAP, Excel, and entire Microsoft Suite of programs. Experience with Power Platform (i.e., Power Query, Power Pivot, Power Bi, Power Apps) not required but preferred
  • High level of written and verbal communication skills
  • Experience operating standard office equipment
  • Must have strong organizational and time management skills
  • For new hires, must meet all Performance Energy Services employment qualifications in force at time of hiring, including successful completion of a background investigation and pre-employment drug screen
  • For new hires, must successfully complete all required training by Performance Energy Services