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

Robert Half

Sr. Cost Accountant

Huntsville, AL · On-site

$67.29 - $77.91/hr

... clear financial analysis. Responsibilities: • Create detailed costing models that capture ... key cost drivers and validate assumptions used in financial analysis. • Review shop floor ...

New

Parsons

Financial Analyst

Huntsville, AL

Candidate will be responsible for providing financial analysis and contractual support to include cost estimating, execution tracking of internal/external funds and other actions as necessary. What ...

Parsons Corporation

Financial Analyst

Huntsville, AL · On-site

Candidate will be responsible for providing financial analysis and contractual support to include cost estimating, execution tracking of internal/external funds and other actions as necessary. What ...

MBDA INC.

Financial Analyst III

Huntsville, AL · On-site

Prepare detailed cost and pricing analyses, reports, and presentation materials for management ... Support internal and external audits, financial reporting requirements, and continuous process ...

MBDA INC.

Financial Analyst III

Huntsville, AL · On-site

... Finance & Accounting team. This position plays a key role in supporting the companys business ... Prepare detailed cost and pricing analyses, reports, and presentation materials for management ...

MBDA INC.

Financial Analyst III

Huntsville, AL

... Finance & Accounting team. This position plays a key role in supporting the company's business ... Prepare detailed cost and pricing analyses, reports, and presentation materials for management ...

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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 Jul 17, 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, 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.
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Financial Cost Analyst jobs near you

Program Analyst III

Science and Engineering Services, LLC

Huntsville, AL

Full-time

Posted 22 days ago

Job description

Overview

Reporting directly to Program Finance Manager, the Program Analyst II provides program control support services in the area of program finance and analysis, annual and multi-year fiscal planning and development of work plans.

Responsibilities
  • Provides financial support in the areas of program control; works closely with Program Management and other functional departments to track budget, monitor cost, prepare project financials, explain variances and provide forecasts
  • Performs research tasks to obtain various types of data which is analyzed to derive relationships involving all functions of Program Finance; budge analysis, system, schedules, and cost variations including Earned Value Management (EVM 
  • Provides program support interpretation, assessment, and analysis of planning documents and directives received from higher echelon to determine effect on Program Management Office (PMO) objectives and plans 
  • Serves as a cost analyst participating in the planning, coordinating, and conducting of program operations research studies of specific material/support systems
  • Assesses, along with the Program Manager, the impact of the various major components of hardware on costs and related support systems (i.e., maintenance, logistics, TOE, etc.)
  • Monitors cost, schedule, technical, and operational aspects of projects for which responsible
  • Performs other duties as assigned
Qualifications

Education:            

  • Bachelor's Degree in Business, Management, Engineering or Science required
  • Master's degree preferred

Experience:         

  • Six years' experience required for a Bachelors level; 4 years required for a Masters Level
  • Eight years' experience in defense program analysis required; Ten years' experience preferred 
  • Requires clear and concise communication, both written and verbal
  • Past Deltek/Costpoint Program Finance, Budget Analysis experience required
  • MS Office with excellent Excel knowledge/skills preferred
  • Earned Value Management (EVMS) and Deltek Cobra experience a plus
  • Must be able to obtain/maintain a DoD Security Clearance if/when required

Any combination of education/experience may be substituted for job requirements at the recommendation of the hiring manager and approval of the COO and CEO.

Employment Type: FULL_TIME

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