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

Torch Technologies, Inc.

Cost Analyst

Huntsville, AL · On-site

As a Cost Analyst your duties will include the following, but are not limited to: * This position ... Work within a team and as financial SME to communicate important cost information with internal and ...

Starfish

Cost Analyst

Huntsville, AL

As a Cost Analyst your duties will include the following, but are not limited to: * This position ... Work within a team and as financial SME to communicate important cost information with internal and ...

Stratagem Solutions, Inc.

Cost Analyst

Huntsville, AL · On-site

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 ...

Stratagem Solutions, Inc

Cost Analyst

Huntsville, AL · On-site

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 ...

Stratagem Solutions, Inc.

Cost Analyst

Huntsville, AL · On-site

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 ...

Stratagem Solutions, Inc

Cost Analyst

Huntsville, AL · On-site

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 ...

Teledyne

Senior Cost Control Analyst

Huntsville, AL

$82K - $104K/yr

Bachelor's degree in Finance, Accounting, or related field. * Minimum 10 years of experience in program cost analysis within government contracting/manufacturing. * Proven expertise in pricing and ...

Teledyne FLIR LLC

Senior Cost Control Analyst

Huntsville, AL · On-site

$82K - $104K/yr

Bachelor's degree in Finance, Accounting, or related field. * Minimum 10 years of experience in program cost analysis within government contracting/manufacturing. * Proven expertise in pricing and ...

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All JobsFinancial Cost Analyst JobsFinancial Cost Analyst Jobs in Decatur, AL

Financial Cost Analyst information

See Decatur, AL salary details

$31.3K

$75.7K

$131.9K

How much do financial cost analyst jobs pay per year?

As of Aug 7, 2026, the average yearly pay for financial cost analyst in Decatur, AL is $75,740.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,800.00 and $91,200.00 per year, depending on experience, location, and employer.

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 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.

Do financial cost analysts make a lot of money?

Financial cost analysts typically earn a median salary that is competitive within finance and accounting fields, with salaries varying based on experience, education, and location. Entry-level positions may start lower, while experienced analysts with certifications like CFA can earn higher salaries, often supplemented by bonuses and benefits.

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.
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:
Financial Cost Analyst jobs near you
Infographic showing various Financial Cost Analyst job openings in Decatur, AL as of August 2026, with employment types broken down into 88% Full Time, 3% Part Time, and 9% Contract. Highlights an 94% In-person, and 6% Hybrid job distribution, with an average salary of $75,740 per year, or $36.4 per hour.

Cost Analyst

Torch Technologies, Inc.

Huntsville, AL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago

Job description

Torch Technologies
Thank you for your interest in employment with Torch Technologies. We are a 100% employee-owned, Certified Great Place To Work and named Best Places to Work in Huntsville/Madison County, headquartered in Huntsville, AL. Our team provides superior research, development, and engineering services to the Federal Government and Department of War. As one of the nation's top 100 defense companies, the services we provide directly support the men and women who serve our country. Our corporate mission sums up the pride our employee-owners take in the work we do: "Lighting the Pathway of Freedom". And, as a Certified Evergreen ESOP, we have made the commitment to grow and sustain our company for the next 100 years! Come grow with us!
Torch Technologies is seeking a Cost Analyst to join a team and provide input and recommendations for cost estimating and budget activities for Aviation programs throughout the entire life cycle and acquisition phases. This position supports the CPE Aviation's Aviation Mission Systems and Architecture Program Management Office.
As a Cost Analyst your duties will include the following, but are not limited to:
  • This position requires a highly motivated individual with extensive knowledge of lifecycle cost estimating and to develop cost products and models that identify and evaluate program cost factors, deficiencies and risks for the PMO.
  • Demonstrate the ability to collect and analyze many different cost data sets and develop financial reports and insights as results.
  • Responsible for drafting Independent Government Estimate, Independent Cost Analyses, Cost Analysis Requirements, and Cost Estimates.
  • Refine and adjust cost models in response to changes in technical specifications, support requirements, design alternatives, engineering, and operational trade-off proposals.
  • Develop cost estimates with a level of detail that identifies the total cost of the program and other cost relationships.
  • Perform risk analysis and develop program risk assessment consistent with price, Contractor capabilities, emerging technologies, Contractor cost performance, schedules and integration requirements, and incorporate Contractor cost performance information into cost estimating methodologies consistent with latest reports.
  • Work within a team and as financial SME to communicate important cost information with internal and external stakeholders at multiple CPE Aviation levels.

Required Qualifications:
  • U.S. Citizenship
  • Bachelor's Degree in a business-related field or equivalent experience
  • 8 years of relevant experience; must have 5 years of cost estimation experience within a DoW environment
  • Active secret clearance is required to start
  • Familiarity with the Automated Cost Estimating Integrated Tool (ACEIT) to support the PM's business and financial/cost accounting efforts

Preferred Qualifications:
  • Master's degree in a related field
  • 10-15 years of relevant experience; must have 5 years of cost estimation experience within a DoW environment
  • Experience developing key financial deliverables for DoW, US Army, and/or CPE Aviation specifically
  • Foreign Military Sales (FMS) experience

Schedule: M-F; 8-5
Work Location: Onsite
Travel: Yes, 0%-10%
Relocation Assistance Available: No
Position Contingent Upon Award of Contract: No
#LI-DK1
Benefits:
Torch Technologies is proud to offer a stable and professional work environment, a competitive salary, and an excellent, comprehensive benefit package including: ESOP participation, 401(k) match, medical, dental, vision, life insurance, short-term disability, long-term disability, flexible spending accounts, Health Saving Accounts and Health Reimbursement Accounts, EAP, education assistance, paid time off, and holidays.
Applying to Torch Technologies:
Only those candidates invited for an interview will be contacted. Employment at Torch Technologies is contingent upon the successful completion of a comprehensive background check.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, citizenship, ancestry, marital status, protected veteran status, disability status or any other status protected by federal, state, or local law. Torch Technologies, Inc. participates in E-Verify.
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access Careers Link as a result of your disability. You can request reasonable accommodations by sending an email to HR@torchtechnologies.com. Thank you for your interest in Torch Technologies.

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