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Entry Level Cost Analyst Jobs in Virginia (NOW HIRING)

Entry-Level Analyst U.S. citizenship required. Are you a critical thinker with acumen for problem ... Would you like to help the government tackle some of its most challenging cost, schedule, and ...

Excellent analytical, written and oral communication skills. * Ability to work within a team ... Provides weekly status reports and maintains project cost charge bucks. * Prepare projections ...

$49K/yr

The primary purpose of this position is to Executes Component Cost Analysis (CCA) Program Taskings. As a member of a CCA team, observes and participates in a limited manner in cost analysis ...

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Entry Level Cost Analyst information

See Virginia salary details

$36.7K

$85.6K

$126.4K

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

As of Aug 3, 2026, the average yearly pay for entry level cost analyst in Virginia is $85,572.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,900.00 and $99,600.00 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.
What are the most commonly searched types of Cost Analyst jobs in Virginia? The most popular types of Cost Analyst jobs in Virginia are:
What cities in Virginia are hiring for Entry Level Cost Analyst jobs? Cities in Virginia with the most Entry Level Cost Analyst job openings:
Infographic showing various Entry Level Cost Analyst job openings in Virginia as of July 2026, with employment types broken down into 77% Full Time, and 23% Part Time. Highlights an 92% In-person, and 8% Hybrid job distribution, with an average salary of $85,572 per year, or $41.1 per hour.

Entry-Level Analyst

Augur Consulting

Arlington, VA • On-site

Full-time

Re-posted 12 days ago


Job description

Entry-Level Analyst
U.S. citizenship required.
Are you a critical thinker with acumen for problem solving? Would you like to help the government tackle some of its most challenging cost, schedule, and performance issues? Then we want to talk with you. Here at Augur, we believe in creating a fun and challenging environment that embraces team spirit while fostering high-performance.
Augur is a small business, and every employee has a direct impact on the success of the company. New hires receive intensive training and are quickly put into a position to provide unique and meaningful contributions. Analysts work in a collaborative and cross-functional environment, interfacing with subject matter experts, gaining exposure to a wide variety of analytical disciplines, and learning consulting best practices.
We are looking for motivated and analytically oriented recent graduates who are ready to start their career next door to our nation's capital. If you like problem solving, working in a dynamic team environment, and quantitative analysis, this may be the opportunity for you.
Augur Consulting, Inc. is an Equal Opportunity Employer
Responsibilities:
Our analysts work closely with government program offices in the acquisition of cutting edge defense technologies and energy projects. Analysts collaborate with cross functional experts and conduct research to gather inputs, perform analysis, develop models, compile and interpret results, and defend findings.
Cost Analysis responsibilities include: Development and maintenance of complex cost models, life cycle cost analysis, cost risk analysis, and cost performance tracking. Special projects include analysis of alternatives (AoA), business case/cost-benefit analysis, regression analysis, and cost excursions as needed by customers.
Schedule Analysis responsibilities include: Critical path analysis, schedule variance analysis, integrated master schedule development and tracking, vendor performance analysis and tracking, schedule risk analysis and ad-hoc problem solving.
Performance Management responsibilities include: Performing baseline events, audits, surveillance, and analysis/management of vendor performance, ensuring that program baselines are executable and measurable, conducting/leading/training the government on how to perform a proper baseline event, and other ad hoc methods to evaluate vendor performance and ensure tax dollars are executed efficiently.
Data Analytics & Visualization responsibilities include: Using PowerBI, Tableau, R, JACS, PO$T, CO$TAT, or LITUUS to develop dashboards, assessments, analyses reports, etc. to enable program managers to make informed decisions surrounding cost, schedule, vendor performance and other ad-hoc decision support.
Education:
A Bachelor's degree is required, with a preference for quantitative science or business disciplines (Economics, Math, Statistics, Finance, Business, Physics, Engineering, etc.)
Requirements:
Candidates must be proficient in quantitative analysis, project management concepts, and data collection and interpretation. Strong problem solving, critical thinking, teamwork, communication, and presentation skills are necessary. Applicants should be proficient in MS Office (Word, PowerPoint, and Excel). Experience with MS Project, analytical software tools, and programing languages such as R, Python, and VBA is helpful but not required.
Must be able to obtain and maintain the necessary levels of security clearance.
U.S. citizenship required.