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Financial Cost Analyst Jobs in Racine, WI (NOW HIRING)

The Financial Analyst reports to the Vice President - Director of Financial Planning and Analysis ... Support development and maintenance of an updated cost center and general ledger structure within ...

The Financial Analyst reports to the Vice President - Director of Financial Planning and Analysis ... Support development and maintenance of an updated cost center and general ledger structure within ...

The Financial Analyst reports to the Vice President - Director of Financial Planning and Analysis ... Support development and maintenance of an updated cost center and general ledger structure within ...

Financial Analyst/Manager

Racine, WI · On-site

$130K - $160K/yr

Cost Accounting & Operational Finance Apply an understanding of manufacturing financial principles, including cost accounting, routing and BOM analysis, labor efficiency tracking, and PPV analysis to ...

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Financial Analyst

Gurnee, IL · On-site

$55K - $92K/yr

... cost efficiencies in various areas of the organization as needed · Develops, maintains and ... analyze and interpret financial and accounting data and summarize in a manner which can be ...

Partner with Finance to validate cost assumptions and ensure consistent margin targets in pricing ... Strong financial modeling, analytical reasoning, and data interpretation skills. * Proficiency with ...

Showing results 21-40

Financial Cost Analyst information

See Racine, WI salary details

$32.8K

$79.4K

$138.3K

How much do financial cost analyst jobs pay per year?

As of Aug 17, 2026, the average yearly pay for financial cost analyst in Racine, WI is $79,408.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,300.00 and $95,600.00 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 Racine, WI?

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

What job categories do people searching Financial Cost Analyst jobs in Racine, WI look for?

The top searched job categories for Financial Cost Analyst jobs in Racine, WI are:

What cities near Racine, WI are hiring for Financial Cost Analyst jobs?

Cities near Racine, WI with the most Financial Cost Analyst job openings:

Infographic showing various Financial Cost Analyst job openings in Racine, WI 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 $79,408 per year, or $38.2 per hour.

Program Financial Analyst

Leonardo DRS

Menomonee Falls, WI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago


Leonardo DRS rating

8.1

Company rating: 8.1 out of 10

Based on 56 frontline employees who took The Breakroom Quiz

117th of 540 rated manufacturers


Job description

Job ID: 114866
The Leonardo DRS Naval Power Systems business is a trusted provider of innovative naval gas and hybrid power systems, control technology and support solutions for the U.S. Navy and navies around the world.
Job Summary
Join our Menomonee Falls, WI team as an Program Financial Analyst. This role works closely with our program leaders to understand and analyze program bookings, revenue, operating profit, investements, and cash flow data.
This position can be hybrid - in office 2 days per week and work from home the other days.
What You Will Do
  • Effectively influence decisions through strong stakeholder engagement and providing timely, accurate financial deliverables
  • Manage program financial performance by identifying key drivers, providing clear insights, trend analysis, and recommendations for EAC development, revenue, cash and working capital.
  • Establish, develop, and maintain effective business relationships with internal and external customers
  • Support negotiations with the government, industry prime contractors, and foreign customers
  • Conduct analytical studies, monitor trends, and interpret the results
  • Support proposal preparations including: bid/no-bid requirements; cost estimating; pricing; RFP review; risk mitigation; and negotiation

In this role, it is expected that you will develop and soon demonstrate an understanding of a variety of Program & Finance activities includign Basis of Estimate (BOE) preparation; budget preparation, reporting and management; cost & variance analysis; Earned Value Management Systems (EVMS); Estimate at Completion (EAC); cash management/working capital; forecasting; contractual reporting (CDRL, EVM, cost and pricing, C/SSR); risk management; return on investment (ROI); audit preparation and management; and program review preparation.
Education & Experience Requirements
  • Bachelor's degree in business, finance, accounting or related field and at least three years of progressive experience in a government manufacturing environment
  • Working knowledge of the FAR, DFAR, CAS & SOX
  • Understand financial analysis principles and have financial analysis skills
  • Ability to grasp generally accepted accounting principles and develop a working knowledge of the cost accounting standards (CAS) and IFRS
  • Working knowledge of IR&D/B&P/Direct Sell and allowable vs. unallowable costs
  • Strong computer skills (MS Office Suite , MS Project, Visio, Oracle, Pro Pricer)

U.S. Citizenship required. This position may require an active DOD security clearance or the ability to obtain such clearance within a reasonable time after commencement of employment.
Taking care of our people is a top priority at Leonardo DRS. We are proud to offer competitive salaries and comprehensive benefits, including medical, dental, and vision coverage, a company contribution to a health savings account, telemedicine, life and disability insurance, legal insurance, and a 401(k) savings plan. We champion wellness programs that focus on physical, emotional, and financial well-being. We develop our talent by offering programs and activities to support career-growth, professional development, and skill enhancement. And we understand there is more to life than work, and the importance of offering flexible work schedules with our 9/80 program, competitive vacation, health/emergency leave, paid parental leave, and community service hours.
Leonardo DRS, Inc. and its subsidiaries provide equal opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, protected veteran status, or any other characteristic protected by federal, state, or local laws.
#NPS
Our Vision. To be the leading mid-tier defense technology company in the U.S.
Our Values. The Leonardo DRS culture is defined by our Core Values and Principles:
- Integrity
- Agility
- Excellence
- Customer Focus
- Community & Respect
- Innovation
We strive to uphold them in all aspects of our business practices to inspire our employees and provide outstanding support for our customers.

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