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

Parsons Corporation

Financial Analyst

Huntsville, AL · On-site

$112K - $196K/yr

Support program execution reviews, requirements tracking, cost estimating, earned value management ... Practical experience managing financial analysts and coordinating financial content for Executive ...

Parsons

Financial Analyst

Huntsville, AL · On-site

$112K - $196K/yr

Support program execution reviews, requirements tracking, cost estimating, earned value management ... Experience leading analysts in tracking financial planning data and commitments, obligations ...

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 ...

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 ...

Blue Origin

Operations Finance Analyst Sr

Huntsville, AL · On-site

$124K - $174K/yr

Gain in-depth knowledge of product cost models, assumptions, and the translation to a financial ... Analyze and report financial performance variances of actuals to budget and forecast * Support key ...

T. Burks & Associates

Senior Financial Analyst

Decatur, AL · On-site

$76K - $95K/yr

This role partners closely with all levels of operations to drive cost efficiency, improve ... decisions, and investment analysis * Prepare monthly financial reports, dashboards, 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

$28.8K

$69.6K

$121.2K

How much do financial cost analyst jobs pay per year?

As of Jun 27, 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 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
Financial Analyst

Financial Analyst

Parsons Corporation

Huntsville, AL • On-site

$112K - $196K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Parsons rating

7.9

Company rating: 7.9 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

159th of 356 rated engineering

Job description

In a world of possibilities, pursue one with endless opportunities. Imagine Next!
At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what's possible.
Job Description:
Parsons is looking for an amazingly talented Financial Analyst to join our team! In this role you will get to provide financial analyst expertise in budget formulation and execution in support of the Missile Defense Agency Chief Digital Officer (CDO) mission.
What You'll Be Doing:
  • Support the development and maintenance of financial data files, tools and reports for the Director of Engineering Management.
  • Support program execution reviews, requirements tracking, cost estimating, earned value management, and budget management.

What Required Skills You'll Bring:
  • MS/MA with 12+ years related experience OR a BS/BA with 20+ years of relevant experience
  • Minimum active interim DoD SECRET Clearance
  • Demonstrated ability to coordinate with technical, financial, contracting and industry teams to understand key processes and deliverables
  • Practical experience managing financial analysts and coordinating financial content for Executive-level briefings and meetings
  • Experience providing detailed analysis, synthesis, and reporting of project status within established system of project controls
  • Experience leading analysts in tracking financial planning data and commitments, obligations, and expenditures
  • Experience interfacing with technical staff, schedulers, and project managers to make financial recommendations to organizational leadership
  • Knowledge of financial analysis best practices and accepted principles
  • Experience preparing for and supporting execution reviews, budget reviews, and executive-level financial planning meetings
  • Experience leading cost analysis and cost controls for materials and labor and other resources used in the project performance
  • Ability to effectively communicate inside and outside the assigned organization to develop and maintain financial records and financial control documents
  • Strong experience with MS Office suite, particularly Word, Excel, Outlook, Teams, and PowerPoint
  • Experience developing and manipulating relational data tables and Pivot tables

What Desired Skills You'll Bring:
  • MS/MA in Finance, Accounting, Business Administration, Economics, or a related quantitative field
  • Experience with financial work in the Missile Defense System domain or other complex DoD program/project
  • Understanding of EVMS analysis and experience with interpreting/analyzing IPMR, CFSR, and other contract financial deliverables and documents
  • Experience applying data management principles (governance, quality, tools, etc.) for the benefit of both engineering and business management stakeholders
  • Experience with large datasets and development of databases
  • Experience with Microsoft Project, Milestones Pro, Power BI, Shared Data Warehouse (SDW), Wide Area Workflow (WAWF), DAI, and other financial data tracking sites
  • Demonstrated business acumen and ability to balance technical and business requirements in the preparation of budgets, contacts, and cost estimates
  • Effective oral and written communication skills working with a mix of engineering, business financial management, and contracting communities to develop sound engineering, business and contracting solutions

Security Clearance Requirement:
An active Secret security clearance is required for this position.
This position is part of our Federal Solutions team.
The Federal Solutions segment delivers resources to our US government customers that ensure the success of missions around the globe. Our intelligent employees drive the state of the art as they provide services and solutions in the areas of defense, security, intelligence, infrastructure, and environmental. We promote a culture of excellence and close-knit teams that take pride in delivering, protecting, and sustaining our nation's most critical assets, from Earth to cyberspace. Throughout the company, our people are anticipating what's next to deliver the solutions our customers need now.
Salary Range: $112,200.00 - $196,400.00
We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle!
Parsons is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status or any other protected status.
We truly invest and care about our employee's wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest-APPLY TODAY!
Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.

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