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Entry Level Cost Analyst Jobs in Alabama (NOW HIRING)

Support and drive cost analysis and price negotiations in cooperation with local cost analysis team ... Experience : Entry Level: Co-Op/ internship and/ or up to 2 years' professional experience in the ...

Strong analytical skills with attention to detail for accurate cost estimation. * Excellent ... This entry-level position offers an excellent opportunity to join a growing company. If you are ...

This is an entry level position, hours are 8:00am - 4:30pm Monday - Friday. Pre-employment ... Constructs cost analysis spreadsheets to evaluate spending per vendor. * Excellent customer service ...

Entry Level Civil Engineer

Auburn, AL · On-site

$60K - $80K/yr

Perform calculations to analyze project parameters such as detention pond calculations, flow rates ... Collaborate with team members and stakeholders, participate in project meetings, cost estimates ...

Entry Level Chemical Technician

Montgomery, AL · On-site

$19.75 - $26.50/hr

Computer Skills MS Word, PowerPoint, Excel, Basic Problem Solving / Root Cause Analysis ability ... The SR will document chemicals used for the assistance in inventory and cost control. This is a ...

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Entry Level Chemical Technician

Montgomery, AL · On-site

$19.75 - $26.50/hr

Computer Skills MS Word, PowerPoint, Excel, Basic Problem Solving / Root Cause Analysis ability ... The SR will document chemicals used for the assistance in inventory and cost control. This is a ...

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Showing results 1-20

Entry Level Cost Analyst information

See Alabama salary details

$33.5K

$78.2K

$115.6K

How much do entry level cost analyst jobs pay per year?

As of Aug 8, 2026, the average yearly pay for entry level cost analyst in Alabama is $78,232.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,000.00 and $91,100.00 per year, depending on experience, location, and employer.

What is the difference between Entry Level Cost Analyst vs Cost Accountant?

AspectEntry Level Cost AnalystCost Accountant
Required CredentialsBachelor's in Finance, Accounting, or related fieldBachelor's in Accounting or Finance; CPA optional
Work EnvironmentCorporate finance, manufacturing, or logistics companiesAccounting departments, manufacturing firms, or consulting
Employer & Industry UsageUsed in industries focusing on budgeting, cost analysis, and financial planningCommon in manufacturing, auditing, and financial reporting

Entry Level Cost Analysts focus on analyzing costs, budgets, and financial data to support decision-making, often in a corporate setting. Cost Accountants handle detailed cost tracking, financial reporting, and compliance. While both roles require similar educational backgrounds, Cost Accountants typically have more specialized accounting skills and certifications. The roles often overlap in industries like manufacturing and logistics, but Cost Accountants tend to have more accounting-specific responsibilities.

What are the typical responsibilities of an entry level cost analyst, and how do they contribute to project success?

As an Entry Level Cost Analyst, you will be responsible for collecting and analyzing cost data, creating reports, and assisting with budgeting and forecasting for projects or company operations. You’ll often work closely with project managers, accountants, and procurement teams to ensure expenses are tracked accurately and stay within budget. Your attention to detail and analytical skills help identify cost-saving opportunities and prevent overruns, making your work essential to the financial health and success of the project. Expect to use spreadsheets and accounting software regularly, and to communicate your findings in meetings or written reports.

What does an entry level cost analyst do?

An Entry Level Cost Analyst assists with monitoring and analyzing the costs associated with a company's operations. They gather and review financial data, prepare cost reports, and help identify areas where the business can reduce expenses or improve efficiency. Their work supports senior analysts and management in making informed budgeting and financial decisions. Entry Level Cost Analysts often work with spreadsheets, accounting software, and collaborate with other departments to ensure accurate cost tracking.

What are the key skills and qualifications needed to thrive as an entry level cost analyst, and why are they important?

To thrive as an Entry Level Cost Analyst, you need strong analytical and mathematical skills, attention to detail, and a bachelor’s degree in finance, accounting, or a related field. Familiarity with financial modeling software, Microsoft Excel, and enterprise resource planning (ERP) systems is typically required. Effective communication, problem-solving ability, and organizational skills help you collaborate with teams and clearly present cost findings. These competencies ensure accurate cost analysis, support informed decision-making, and drive efficiency in financial operations.
What are the most commonly searched types of Cost Analyst jobs in Alabama? The most popular types of Cost Analyst jobs in Alabama are:
What are popular job titles related to Entry Level Cost Analyst jobs in Alabama? For Entry Level Cost Analyst jobs in Alabama, the most frequently searched job titles are:
What cities in Alabama are hiring for Entry Level Cost Analyst jobs? Cities in Alabama with the most Entry Level Cost Analyst job openings:
Infographic showing various Entry Level Cost Analyst job openings in Alabama as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 8% Part Time, and 4% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $78,232 per year, or $37.6 per hour.

Cost Estimating Engineer/Mathematician

MDW Associates

Huntsville, AL • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 7 days ago


Job description

MDW is seeking a highly qualified Cost Estimating Engineer/Mathematician to support the Missile Defense Agency (MDA) as an entry level cost estimating analyst.

This candidate will be a full-time engineer or mathematician performing Cost Estimating Analysis supporting the development, fielding, and integration of the Terminal High Altitude Area Defense (THAAD) program element of the Missile Defense Agency's (MDA) Missile Defense System (MDS). Cost Estimating support includes development and maintenance of Life Cycle Cost Estimates and models for Defense Acquisition programs, analysis and reporting of cost data, and conducting excursions.

This is a hybrid position with work based in Huntsville, Alabama. Candidates must be within a two-hour commuting distance or be willing to relocate.

The Engineer/Mathematician may perform a combination of some or all of the following duties:

  • Develop, present, and defend mathematical cost estimates, cost estimating relationships, and cost models.
  • Develop cost estimating relationships using applied mathematics, probability, statistics, regression analysis, linear algebra, learning curves, and data collection.
  • Use Data Analytics to obtain and analyze essential cost data from contractors' DD Form 1921s and Cost Performance Reports/Integrated Program Management Reports (CPR/IPMR) for the purpose of establishing a credible cost database.
  • Participate in Business Case Analysis (BCA), Analysis of Alternatives (AOA), and risk analysis to develop multiple outputs using input variables by conducting what-if drills, sensitivity analysis, monte-carlo simulations, and other cost-related studies.
  • Review Cost Analysis Requirements Descriptions (CARDs).
  • Collect and manage cost data, technical baseline data, and cost research/analysis.

Required Experience:

  • No prior experience required but must have a math-based bachelor's degree.
  • Excellent oral and written communication skills.
  • Exceptionally strong analytical skills and detail oriented.

Desired Experience Requirements:

  • Must be a self-starter.
  • Strong knowledge of MS Office with a focus on Excel.
  • Membership and certification in International Cost Estimating and Analysis Association (ICEAA).

Education Requirements:

  • Bachelor's Degree in Mathematics, Engineering, Operations Research, Economics, Statistics, Business Analytics, or related field.

Security Requirements:

  • Candidates for this position must be able eligible to obtain and maintain a DoW Secret Security Clearance.

Company Description

Incorporated in 2012, MDW is a small business headquartered in McLean, VA with offices in Huntsville, AL. We provide Federal government clients with consulting, management services, advisory and assistance services, decision support, strategic planning, process planning and improvement, task execution and metrics analysis. Our mission is to make our clients more successful by providing honest assessments, exceptional analysis, prudent advice, direct communication, and hard work.

Our core capabilities include:

  • Strategic Planning
  • Cost Estimating
  • Budget Programming and Justification
  • Budget Execution
  • Acquisition Management
  • Financial Systems Support & Integration

MDW Associates, LLC ("MDW") is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, religion, color, sex, national origin, age, marital status, covered veteran status, mental or physical disability, pregnancy or any other unlawful basis unrelated to the ability to do the job. MDW seeks to employ talented, ethical, and entrepreneurial-minded persons. Our applicants and employees are protected from discrimination as required by Federal law.

Additional Information

We offer a competitive and comprehensive benefits and compensation package for our employees, including but not limited to:

  • Health
  • Dental
  • Vision
  • Group Life Insurance/Long Term Disability/Short Term Disability
  • Retirement/401(k)
  • Flexible Leave Policy

All your information will be kept confidential according to EEO guidelines.