1

Financial Cost Analyst Jobs in Decatur, AL (NOW HIRING)

Must have 3 years of experience in an advanced cost analysis/financial position. * Must have experience in generating: Life Cycle Cost Estimates, Independent Government Estimates, cost input to ...

Must have 3 years of experience in an advanced cost analysis/financial position. * Must have experience in generating: Life Cycle Cost Estimates, Independent Government Estimates, cost input to ...

Prepare, review, and finalize monthly spend plans to support financial forecasting and compliance. * Support pricing strategies for all contract types * Analyze cost data and provide actionable ...

Prepare, review, and finalize monthly spend plans to support financial forecasting and compliance. * Support pricing strategies for all contract types * Analyze cost data and provide actionable ...

Bachelor's degree in Finance, Accounting, or related field. * Minimum 2-4 years of experience in program cost analysis within government contracting/manufacturing. * Proven expertise in pricing and ...

Bachelor's degree in Finance, Accounting, or related field. * Minimum 2-4 years of experience in program cost analysis within government contracting/manufacturing. * Proven expertise in pricing and ...

next page

Showing results 1-20

Financial Cost Analyst information

See Decatur, AL salary details

$28.8K

$69.6K

$121.2K

How much do financial cost analyst jobs pay per year?

As of Jun 4, 2026, the average yearly pay for financial cost analyst in Decatur, AL is $69,595.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,500.00 and $83,800.00 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 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 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 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 Decatur, AL? For Financial Cost Analyst jobs in Decatur, AL, the most frequently searched job titles are:
What job categories do people searching Financial Cost Analyst jobs in Decatur, AL look for? The top searched job categories for Financial Cost Analyst jobs in Decatur, AL are:
What cities near Decatur, AL are hiring for Financial Cost Analyst jobs? Cities near Decatur, AL with the most Financial Cost Analyst job openings:
Infographic showing various Financial Cost Analyst job openings in Decatur, AL as of May 2026, with employment types broken down into 1% As Needed, 82% Full Time, 16% Part Time, and 1% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $69,595 per year, or $33.5 per hour.

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


Job description

Job Summary

Applicants with a strong budget background who are interested in satisfying a requirement to support an Army Acquisition Product Manager's Cost Analyst Team by preparing Life Cycle Cost Estimates, cost models in ACEIT to determine the total costs of the program, Independent Government Cost Estimates, Proposal Evaluation inputs, tasker inputs, Spend Plans, and other related cost inputs. The ideal candidate will be able to articulate and defend the cost models, estimates, processes, as well as have recent/relevant experience gained from military/civilian service. The ideal candidate is adept at briefing mid and senior staff personnel.

Responsibilities and Duties

Position requirements:


    • Develop, update, and maintain Life Cycle Cost Estimates (LCCEs), Program Office Estimates (POEs), and Independent Government Cost Estimates (IGCEs).

    • Evaluate contractor cost data to include Earned Value and Cost Performance Reports.

    • Analyze the following cost elements: labor, travel, materials, other ODC, overhead, G&A and cost of money.

    • Evaluate various Courses of Actions (COAs) in the development of an Analysis of Alternatives (AoA).

    • Defend cost estimating methodologies to senior leadership and Cost Review Board (CRB) members.

    • Translate technical system requirements into cost elements while developing Cost Estimating Relationships (CERs).

    • Analyze historical learning and rate curve data and incorporate methodology into cost estimates.

    • Assist in the development of Contractor Software Data Report (CSDR) plans.

    • Develop Program Objective Memorandum (POM) briefings to include program funding and cost requirements.
    • Validate Program Management Office (PMO) Life Cycle Cost Estimates (Research and Development, Procurement, Operating and Support and Disposal phases of systems).
    • Analyst will have to apply independent judgment to plan, prioritize, and organize a diversified workload in a high-pace and detail-oriented environment.
    • Support reviews of Cost Analysis Requirements Documents (CARD) / CARD-Like documents, Acquisition Strategies, Simplified Acquisition Management Plans, Acquisition Program Baselines, Business Case Analysis, Analysis of Alternatives, cost studies, various briefings and provide support to PMO's in developing milestone documentation.

Minimum Requirements:


  • Must have 3 years of experience in an advanced cost analysis/financial position.

  • Must have experience in generating: Life Cycle Cost Estimates, Independent Government Estimates, cost input to Acquisition Program Baselines, Business Case Analysis, and Cost as an Independent Variable analysis.

  • Must have 1 year of experience using Automated Cost Estimating Integrated Tool (ACEIT).

  • Must have the ability to respond quickly and accurately to "What-if" drills concerning program delays, acceleration in schedule, and cuts/increases to the existing funding profile using ACEIT and offline in Excel.

  • Must have strong skills and depth of experience in the development of an array of alternative solutions for program management challenges relating to cost, schedule, production, fielding and sustainment.

  • Must have exceptional written and oral presentation skills.

  • Must have demonstrated experience working individually as well as organizing and facilitating working groups.

  • Must have experience preparing detailed written reports and/or briefings suitable for presentation to senior level military and corporate leadership.

  • Must have excellent written and oral communication skills and the ability to use Microsoft Office suite of products.

Preferred Requirements:


  • Program Executive Office Aviation PMO experience, PM experience, Headquarters Staff experience.

  • Experience supporting program budgeting processes with the preparation of POM submissions and P & R-Forms.

  • Acquisition Level III Certification.

Education and Experience Requirements:


  • BA/BS degree and minimum 3 years in Cost Estimating Field

Travel: May require travel up to 10%.

Special Requirements: Applicants selected are required to have an active security clearance: SECRET and must maintain the minimum requirements for access to classified information.

Testing: Candidates may be subject to a written test as part of the candidate interview and selection process to demonstrate written communication skills and/or the ability to deal with potentially challenging notional situations which may arise while supporting a Product Office.

Benefits:


  • Health/Dental/Vision Insurance

  • Life Insurance

  • AD&D

  • Short / Long Term Disability

  • 401K with Company Contribution

  • Identity Theft Protection

  • Paid Holidays

  • Paid Time Off (PTO)

  • Bereavement/Jury Duty/Reserve Military Training Leave

  • Tuition Reimbursement