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Financial Cost Analyst Jobs (NOW HIRING)

Financial Cost Analyst

Appleton, WI · On-site

$63K - $95K/yr

The Financial Cost Analyst is responsible for advancing financial decision-making by leveraging cost analysis expertise. Committed to conducting in-depth financial evaluations, identifying areas for ...

Financial Cost Analyst

Nampa, ID · On-site

$67K - $100K/yr

The Financial Cost Analyst is responsible for advancing financial decision-making by leveraging cost analysis expertise. Committed to conducting in-depth financial evaluations, identifying areas for ...

Financial/Cost Analyst

San Diego, CA · On-site

$80K - $150K/yr

Conduct cost analyses for Life Cycle Cost Estimates, Program Office budgets, Contract Proposals ... Provide financial management support services for a programs and projects throughout all phases of ...

The Financial Cost Analyst is responsible for advancing financial decision-making by leveraging cost analysis expertise. Committed to conducting in-depth financial evaluations, identifying areas for ...

Financial Cost Analyst

Appleton, WI · On-site

$63K - $95K/yr

The Financial Cost Analyst is responsible for advancing financial decision-making by leveraging cost analysis expertise. Committed to conducting in-depth financial evaluations, identifying areas for ...

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Cost/Financial Analyst

Lake Forest, CA · On-site

$22 - $27/hr

Bachelor's degree in Accounting, Finance, Economics, or a related field. * Strong foundation in accounting principles and cost analysis. * Proficiency in Microsoft Excel; familiarity with ERP systems ...

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Financial Cost Analyst information

See salary details

$35K

$84.7K

$147.5K

How much do financial cost analyst jobs pay per year?

As of Jun 8, 2026, the average yearly pay for financial cost analyst in the United States is $84,686.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,000.00 and $102,000.00 per year, depending on experience, location, and employer.

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

To thrive as a Financial Cost Analyst, you need strong analytical skills, proficiency in cost accounting principles, and a degree in finance, accounting, or a related field. Expertise with financial modeling tools, ERP systems (like SAP), and advanced Excel functions is typically required, along with relevant certifications such as CMA or CPA. Attention to detail, effective communication, and problem-solving abilities are crucial soft skills in this role. These skills and qualifications ensure accurate cost analysis, informed decision-making, and valuable financial insights that drive business efficiency and profitability.

What is the difference between Financial Cost Analyst vs Cost Accountant?

AspectFinancial Cost AnalystCost Accountant
Primary FocusAnalyzing financial data to control costs and improve profitabilityRecording, analyzing, and reporting manufacturing or operational costs
Work EnvironmentFinance departments, corporate offices, consulting firmsManufacturing plants, production facilities, accounting departments
Required CredentialsBachelor's in Finance, Accounting, or related field; CPA or CMA optionalBachelor's in Accounting, Finance, or related; CPA often preferred
Industry UsageFinance, consulting, corporate sectorsManufacturing, production, industrial sectors

While both roles involve financial analysis, the Financial Cost Analyst primarily focuses on analyzing costs to support financial decision-making, whereas the Cost Accountant concentrates on recording and managing cost data within manufacturing or operational contexts. Both roles require similar educational backgrounds and certifications, but their work environments and specific responsibilities differ.

What does a Financial Cost Analyst do?

A Financial Cost Analyst is responsible for analyzing the costs associated with a company's operations, products, or services. They gather and review financial data, prepare cost reports, and identify areas where the business can become more efficient or reduce expenses. Their insights help management make informed decisions about budgeting, pricing, and resource allocation. Financial Cost Analysts often collaborate with other departments to implement cost-saving measures and support overall financial health.

What are some common challenges Financial Cost Analysts face when working with cross-departmental teams?

Financial Cost Analysts often collaborate with departments such as procurement, operations, and project management to collect and analyze cost data. One common challenge is aligning data standards and reporting timelines across departments, which may use different systems or prioritize different metrics. Effective communication and building strong relationships are essential to bridge these gaps and ensure accurate, timely reporting. Developing a solid understanding of each department’s workflows can help anticipate issues and facilitate smoother collaboration.
More about Financial Cost Analyst jobs
What cities are hiring for Financial Cost Analyst jobs? Cities with the most Financial Cost Analyst job openings:
Who are the top companies hiring for Financial Cost Analyst jobs? The top employers for Financial Cost Analyst jobs are:
What states have the most Financial Cost Analyst jobs? States with the most job openings for Financial Cost Analyst jobs include:
Infographic showing various Financial Cost Analyst job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $84,686 per year, or $40.7 per hour.
Financial Cost Analyst

Financial Cost Analyst

Labconco Corporation

Kansas City, MO • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

Job Type
Full-time
Description
Labconco Corporation, a leading manufacturer of laboratory equipment with a 100-year legacy of innovation and quality, is seeking a driven and analytical Cost Analyst to support our growing operations.
The Financial Cost Analyst leads cost accounting activities, including inventory valuation, standard costing, and manufacturing variance analysis, and supports financial planning and analysis processes such as budgeting and forecasting. As a self-starter, the Financial Analyst works cross-functionally across departments to develop financial models, analyze key cost drivers, and deliver actionable insights that drive operational decision-making and continuous improvement.
Required Skills & Abilities
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • To perform this job successfully, an individual should be proficient in Microsoft Office software such as Word and Excel and Power Point skills. Previous experience in Cognos and Query are a plus.
  • Ability to analyze and interpret large sets of data.
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers
  • Ability to analyze data and apply math and reasoning to problem-solving.
  • Ability to multitask and prioritize projects.

Education and Experience
  • Bachelor's degree in accounting, finance or related field;
  • 3+ Years of relevant finance and costing experience
  • Manufacturing experience is a plus
  • Experience working with ERP and large datasets.

Work Environment & Physical Requirements
The conditions and physical demands described are representative of those required to perform the essential functions of this job. Occasionally, employees may be required to perform these physical activities as needed for certain tasks. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.
  • Work environment noise level is usually moderate.
  • Regularly talk and hear.
  • Occasionally stand, walk, sit, use hands to handle or feel, and reach with hands and arms.
  • Occasionally climb or balance, stoop, kneel, crouch, crawl, and taste or smell.
  • Occasionally required to perform these lift and/or move up to 25 pounds (with assistance as needed).
  • Use specific vision abilities, including close vision, distance, color, peripheral, depth perceptions, and the ability to adjust focus.

Requirements
Essential Duties and Responsibilities
  • Maintain and update standard costs (materials, labor and overhead), as well as lead detailed variance analysis and communicate key drivers.
  • Oversee and optimize inventory accounting (e.g., inventory valuation, reserves, obsolescence, etc.); monitor and perform analysis on inventory levels, turns, and aging.
  • Oversee and support physical inventory counts and cycle count programs.
  • Partner with operations, supply chain, and procurement to understand product cost drivers; collaborate to develop opportunities for improvement (e.g., supplier change, make vs. buy, efficiencies, etc.).
  • Partner and work cross-functionally with business leaders to support the development of the Company's annual budget, forecasts, and long-range plans; perform financial modeling, analyze key drivers, and provide insights to guide decision-making.
  • Perform financial analysis, including product pricing, cost, and margin analysis for existing products, as well as future product launches; support post-launch reviews to assess actual vs. expected performance.
  • Partner and work cross-functionally with subsidiary business unit leaders to support monthly financial reviews; analyze performance, identify key drivers and variances, and provide actionable insights to support decision-making.
  • Assist with pricing strategy, including detailed analysis and communication with business partners.
  • Introduce incremental improvements to key reporting to support the overall decision-making process of the business; ensure reporting capabilities evolve as business practices change and improve.
  • Work with IT and other departments to manage business data collection to ensure accuracy and integrity of data collected.

Other Duties
Performs other job duties as assigned by Sr. Financial Analyst or Finance Management.
Work Schedule
Normal working hours are typically 8 hour work day within the operating hours of 7:30am - 6:00pm Monday - Friday; unless otherwise discussed and/or established by the manager or seasonal schedule changes. From time to time additional hours may be required, as needed. This position is expected to work onsite.
Benefits
  • PTO, 9 paid holidays, Medical, HSA, FSA, Dental, Vision, 401k (Traditional and Roth), Company paid life insurance, LTD & STD.

EOE/M/F/Vet/Disabled