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Financial Cost Analyst Jobs in Delaware (NOW HIRING)

Performs detailed analysis of cost allocations and report on changes and trends from budget and period over-period results. * Completes special financial studies, e.g. cost of service studies, return ...

Performs detailed analysis of cost allocations and report on changes and trends from budget and period over-period results. * Completes special financial studies, e.g. cost of service studies, return ...

Performs detailed analysis of cost allocations and report on changes and trends from budget and period over-period results. * Completes special financial studies, e.g. cost of service studies, return ...

Sr. Financial Analyst

Dover, DE · On-site

$85K - $106K/yr

They need to find reliable candidates, with the right expertise, quickly and at the right cost to ... Manage and perform various financial analysis/scenario studies. Manage inventory accounting process ...

Sr FP&A Analyst

Wilmington, DE · Hybrid

$84K - $124K/yr

... Analyst you will play a critical role in strengthening financial discipline across plant operations ... Provide insights into cost absorption, production volumes, and operational efficiency; * Support ...

Senior Plant Finance Analyst

Newark, DE · On-site

$83K - $104K/yr

This role will provide financial guidance and analytical insight on performance to support site and business objectives, manage and improve the monthly forecasting process, and enhance cost ...

Senior Financial Analyst

Wilmington, DE · On-site

$83K - $103K/yr

Research financial and economic trends for specific projects and suppliers, develop cost models to be used in individual area analysis and make business recommendations * Effectively challenge and ...

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Financial Cost Analyst information

See Delaware salary details

$35K

$84.8K

$147.6K

How much do financial cost analyst jobs pay per year?

As of Aug 17, 2026, the average yearly pay for financial cost analyst in Delaware is $84,759.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,000.00 and $102,100.00 per year, depending on experience, location, and employer.

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 the key skills and qualifications needed to thrive as a financial cost analyst?

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 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.

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 are popular job titles related to Financial Cost Analyst jobs in Delaware?

For Financial Cost Analyst jobs in Delaware, the most frequently searched job titles are:

What job categories do people searching Financial Cost Analyst jobs in Delaware look for?

The top searched job categories for Financial Cost Analyst jobs in Delaware are:

What cities in Delaware are hiring for Financial Cost Analyst jobs?

Cities in Delaware with the most Financial Cost Analyst job openings:

Infographic showing various Financial Cost Analyst job openings in Delaware as of August 2026, with employment types broken down into 85% Full Time, 7% Part Time, and 8% Contract. Highlights an 94% In-person, and 6% Hybrid job distribution, with an average salary of $84,759 per year, or $40.7 per hour.

Financial Analyst I, Human Resources

University of Delaware

Newark, DE • On-site

Full-time

Medical, Retirement

Re-posted 5 days ago


University Of Delaware rating

5.7

Company rating: 5.7 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

581st of 618 rated colleges and universities


Job description

Financial Analyst I, Human Resources
Job no: 503159
College / VP Area: Office of Human Resources
Work type: Staff
Location: Newark, DE
Categories: Human Resources, Full Time
Pay Grade: 30E
Context of the Job:
Under limited direction of the Assistant Director of Benefits, the Financial Analyst performs detailed benefits, cost and financial analyses. Develops and interprets detailed cost accounting information and makes recommendations regarding the efficient utilization of resources and the proper accounting for transactions. The Financial Analyst assumes responsibility for various specialized, complex or large financial analysis assignments. The Financial Analyst evaluates the internal benefits policies and procedures as they relate to cost and employee impact and, in collaboration with management, recommends changes and/or improvements. The Financial Analyst routinely interacts with outside benefit vendors.
The Financial Analyst is responsible for yearly reconciliation of various benefit programs. The incumbent serves as the primary liaison to the University Office of Procurement, Accounts Payable, Controller's Office, and Treasurer.
Major Responsibilities:
  • Performs specialized financial or cost analyses and tasks related to benefit rate development, including projecting and reconciliation of benefits-related expenses; prepares related reports. Evaluates, analyzes, and projects the impact of benefit rate changes.
  • Compiles, analyzes, and reconciles financial and statistical data, and generates a range of individual and group financial and statistical reports for management.
  • Oversees and coordinates the generation of benefits adjustments from PeopleSoft, ensuring accuracy of benefits deductions; makes corrections and adjustments as necessary.
  • Compiles, reviews, accurately records and processes payments to health and welfare plan providers, ensuring that amounts to be paid are appropriately supported by the detail provided. Tracks benefit expenses incurred by plan and type for ongoing analysis.
  • Reconciles benefit liability and expense accounts on a monthly basis, providing explanations for variances to prior month, quarter, year and budget as required.
  • Reconciles the benefits billings between PeopleSoft and individual vendors, resolves billing issues, prepares notifications and collects contributions or distributes payments where necessary from employees, retirees, and vendors.
  • Approve allocations and expenditures, prepare and interpret financial reports as well as prepare accounting documents as required.
  • Process journal vouchers and budget revisions ensuring proper revenue and expense recognition, in accordance with GAAP.
  • Complete and submit year-end financial reporting; FASBE Report, Fringe Rate Data; as well as other reports as required for budget presentations and board meetings, etc.
  • Administers and processes all purchasing requisitions to include purchase orders and non-PO payments.
  • Oversight of all aspects of Purchasing Card program for HR, serves as Procurement Concur Card Manager and delegate account administrator for transactions and allocations on internal departmental funds
  • Approve allocations and expenditures, prepare, and interpret financial reports.
  • Verify, resolve, and provide supporting documentation for procurement related issues.
  • Interpret policies and regulations to ensure compliant transactions.
  • Resolve complex procurement and financial issues with both internal and external constituencies as required.
  • Performs miscellaneous job-related duties as assigned.

Qualifications:
  • Bachelor's degree in business administration, accounting or other job-related discipline and four years of auditing, cost accounting and/or financial analysis experience.
  • Knowledge of cost and financial accounting principles, practices and procedures.
  • Knowledge of internal control systems and procedures.
  • Financial modeling a plus.
  • Skill in performing complex numerical calculations and reconciliations.
  • Skill in the use of personal computers and related financial and statistical software products. Effective written and oral communication skills.
  • Ability to communicate effectively and interact well with people of all ages and diverse backgrounds.
  • Problem solving and attention to detail skills.
  • Ability to work well in a team environment, handle multiple tasks with deadlines and pressure, adjusting work schedules to meet deadlines.
  • Ability to query, gather data, compile information, prepare reports and analyze information.
  • Knowledge of state and federal laws pertaining to employee benefits, COBRA, and IRS Section 125.
  • Knowledge of retirement and health and welfare benefit programs a plus.
  • Knowledge of computerized human resources and payroll systems (PeopleSoft preferred).

Notice of Non-Discrimination and Equal Opportunity
The University of Delaware does not discriminate against any person on the basis of race, color, national origin, sex, gender identity or expression, sexual orientation, genetic information, marital status, disability, religion, age, veteran status or any other characteristic protected by applicable law in its employment, educational programs and activities, admissions policies, and scholarship and loan programs as required by Title IX of the Educational Amendments of 1972, the Americans with Disabilities Act of 1990, Section 504 of the Rehabilitation Act of 1973, Title VI and VII of the Civil Rights Act of 1964, and other applicable statutes and University policies. The University of Delaware also prohibits unlawful harassment including sexual harassment and sexual violence.
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