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Entry Level Cost Analyst Jobs in Indiana (NOW HIRING)

The Financial Analyst is an entry level role that supports Everwise by analyzing and reporting on ... Knowledge of cost accounting principles * Excellent analytical skills and ability to interpret ...

The Financial Analyst is an entry level role that supports Everwise by analyzing and reporting on ... Knowledge of cost accounting principles * Excellent analytical skills and ability to interpret ...

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Capable of analyzing short- and long-term hardware, software, equipment, and instrumentation ... cost-effective technical solutions. * Capable of providing oral and written communication ...

Possesses entry-level knowledge and experience in the application of theory to solve well-defined ... Prepares cost estimates using established standards. Develops understanding of the workflow for ...

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Entry Level Cost Analyst information

See Indiana salary details

$35.2K

$82.1K

$121.3K

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

As of Aug 5, 2026, the average yearly pay for entry level cost analyst in Indiana is $82,131.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,100.00 and $95,600.00 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.
Infographic showing various Entry Level Cost Analyst job openings in Indiana as of July 2026, with employment types broken down into 86% Full Time, 9% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $82,131 per year, or $39.5 per hour.

Entry Level Mechanical Design Engineer

RFA Engineering

Lafayette, IN • On-site

$65K - $75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 23 days ago


Job description

RFA Engineering (www.rfamec.com) is an engineering service provider dedicated to delivering our clients with timely engineering support and expertise. We are seeking an Entry Level candidate to become an integral part of our engineering team. The selected candidate will work with an experienced engineering staff using state-of-the-art engineering tools & processes. This position will operate onsite at our customer's world-class engineering and manufacturing facility.
This is a full-time position with a full benefit package listed below that includes opportunities for professional growth, direct hire by our customers, and additional opportunities within our own organization.
Entry Level Mechanical Design Engineer
The selected candidate will work with an experienced engineering staff in the development of large diesel or gas engine sub-systems. Work will include product design, product improvement, cost reduction, and product health in large engine systems. The work will be highly collaborative with both internal customers and external suppliers.
Responsibilities
  • Product development in the diesel and natural gas engine industry.
  • Focusing on component and systems validation of diesel or gas engines.
  • Build support for engines in the oil and gas industries.
  • Working with component support teams, validation teams, factory operations, application and installation and customer service teams as needed to ensure robust product solutions.
  • Working with internal teams to source components to new foundries. Travel to visit suppliers.
  • Manage product quality projects, defining root cause and solution implementation.
  • Manage Continuous Product Improvement projects using Six Sigma principles.
  • Communication with suppliers and customers on product selection and integration.
  • Use of Creo and Teamcenter to support 3-D Modeling of components.

Requirements
  • BSME, BSMET or equivalent degree with experience.
  • Entry level candidates and experience candidates will be considered.
  • Strong mechanical aptitude demonstrated through work experience or hobbies.
  • Excellent communication both written and verbal.
  • Demonstrated ability to meet deadlines and commitments.
  • Strong analytical, problem solving and troubleshooting skills.
  • Ability to thrive in a team environment.
  • Ability to travel (less than 10% of time).

Desired Attributes
  • Experience with the APQP (Advanced Product Quality Planning) process.
  • Experience in 3-D Modeling Software; Creo preferred
  • Previous experience with Teamcenter or other PDM software.
  • Experience with manufacturing processes.
  • Design experience or exposure to off-road mobile equipment or engines.
  • Experience with shop or factory support.
  • Desire to work in an engineering environment focusing on robust & cost effective design.

Visa sponsorship is NOT available for this position.
Pay Range: $65,000-$75,000 - Commensurate with experience
About RFA Engineering
RFA Engineering has provided product development and engineering services to industry leading customers since 1943. Our primary focus is the development of off highway equipment including agricultural, construction, mining, recreational, industrial, and special machines. Our work includes concept development, product design, documentation, problem-solving, simulation, optimization, and testing of components, systems and complete machines. Our engineering staff is located at our Engineering Center in Minneapolis, branch office in Dubuque, IA, and at numerous customer sites throughout the U.S.
Competitive Benefits
  • Health and Dental Insurance
  • TelaDoc Healthiest You
  • Supplemental Vision Insurance
  • Company Paid Life Insurance
  • Company Paid Long-Term Disability
  • Short-term Disability
  • Retirement Savings Account (Traditional 401k & Roth 401k)
  • Flexible Spending Plan Dependent Care
  • HSA for Medical Expenses
  • Bonus Plan (Exempt Employees Only)
  • Paid Time Off (PTO)
  • Paid Holidays
  • Bereavement Leave
  • Employee Assistance Programs (EAP)
  • Education Assistance

Equal Opportunity and Veteran Friendly
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.