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

The Richmond Group USA

Senior Cost Accountant

Milwaukee, WI · On-site

$80K - $100K/yr

... analysis? Our client, a leading manufacturing company, is seeking a Senior Cost Accountan t to play a critical role in optimizing financial performance, streamlining processes, and driving ...

ALEC Credit Union

Be Seen First

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 ...

MTE Corporation

FP&A Data Analyst

Menomonee Falls, WI · On-site

Cost reduction initiatives * Working capital and inventory insights 3) AI & Advanced Analytics ... Finance, Accounting, Data Analytics or related field * 2-5 years of experience in: * FP&A, ...

Castolin Eutectic

Senior FP&A Analyst

Menomonee Falls, WI · On-site

$85K - $106K/yr

Responsible for cost accounting to include analysis of cost expenditures, evaluation of production ... Bachelor's Degree in Finance, Business Administration, Economics or a related field * 5-8 years of ...

Theuniversityunion

SENIOR FP&A ANALYST

Menomonee Falls, WI · On-site

$90 - $130/hr

Responsible for cost accounting to include analysis of cost expenditures, evaluation of production ... Bachelor's Degree in Finance, Business Administration, Economics or a related field * 5-8 years of ...

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All JobsFinancial Cost Analyst JobsFinancial Cost Analyst Jobs in Racine, WI

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 Sep 7, 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:

Financial Cost Analyst jobs near you
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.

Financial Analyst

Medical College of Wisconsin

Milwaukee, WI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 25 days ago

Medical College Of Wisconsin rating

7.7

Company rating: 7.7 out of 10

Based on 29 frontline employees who took The Breakroom Quiz

265th of 631 rated colleges and universities

Job description

Summary

Perform complex financial and business-related analysis, data manipulation and forecast preparation for Academic Affairs department, including internal and external grants, endowments, strategic projects and institutional funds. Apply results of analysis to produce monthly and annual financial reports, analysis and recommendations for administrative leaders.

Primary Responsibilities
Financial Analysis and Reporting

  • Analyze monthly financial performance compared to budget.

  • Generate and maintain monthly financial reports for department leaders for institutional, grant, project, and endowment accounts.

  • Generate monthly forecasts and submit to budget office and other internal stakeholders as needed.

  • Generate data and reports from MCW systems to analyze financial trends (revenue, expense).

  • Monitor monthly spend against budget and identify areas where expense management can be adjusted for annual budget cycle,

  • Perform complex analysis, data manipulation, and report generation that requires gathering data from multiple sources to generate financial analysis and reports.

  • Respond to ad hoc requests and provide financial interpretation and analysis.

  • Create financial presentations for various audiences and levels of complexity.

Budgeting

  • Assists with preparation of annual budgets including development of department budget guidelines, processes, and entry into the MCW budget system.

  • Serves as primary for approving expenditures against approved budget ensuring accuracy and timely completion.

Grants, Endowments and Project Accounts

  • Monitor grant expenditures to ensure compliance of grant requirements and partners with investigators on grant compliance. Serves as the primary budget analyst on grants and projects in eBridge.

  • Prepare ad hoc reports as requested.

Other

  • Provide guidance on MCW financial policies to ensure compliance.

  • Develop and maintain standard operating procedures for monthly financial reporting.

  • Identify and propose solutions to inefficiencies and opportunities for cost reduction.

  • Oversee completion of special projects as assigned.

  • Participates in department and MCW workgroups, committees and specific project groups as assigned.

Knowledge - Skills - Abilities

  • Knowledge of technical, business, consultation, project management, and cultural awareness.
  • Knowledge of accounting and financial reporting practices.
  • Knowledge and above average skills in Excel including heavy use and creation of pivot tables and linking large files and complex formulas.
  • Attention to detail and accuracy.
  • Customer service focus, building trust, communication, critical thinking, and influencing skills.
Qualifications

Appropriate experience may be substituted for education on an equivalent basis.

  • Minimum Required Education: Bachelor's degree

  • Minimum Required Experience: 5 years of progressive experience in financial analysis and/or budgeting

  • Preferred Education: Degree in finance, accounting, or business.

  • Preferred Experience: Experience in higher education

#LI-FL1

Physical Requirements
Work Environment
Sensory Acuity

Ability to detect and translate speech or other communication required. May occasionally require the ability to distinguish colors and perceive relative distances between objects.


Why MCW?
  • Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options
  • 403B Retirement Package
  • Competitive Vacation and Paid Holidays offered
  • Tuition Reimbursement
  • Paid Parental Leave
  • Employee & Family Assistance Program (EFAP)
  • Pet Insurance
  • On campus Fitness Facility, offering onsite classes
  • Additional discounted rates on items such as: Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc.

For a brief overview of our benefits see: Benefits Overview


For a full list of positions see: MCW Careers

At MCW all of our endeavors, from our internal operations to our interactions with our partners, are driven by our shared organizational values: Caring - Collaborative - Curiosity - Inclusive - Integrity - Respect. We are committed to fostering an inclusive environment that values diversity in backgrounds, experiences, and perspectives through merit-based processes and in alignment with all applicable laws. We believe that embracing human differences is critical to realize our vision of a healthier world, and we recognize that a healthy and thriving community starts from within. Our values define who we are, what we stand for and how we conduct ourselves at MCW. If you believe in embracing individuality and working together according to these principles to improve health for all, then MCW is the place for you. For more information, please visit our institutional website.


MCW as an Equal Opportunity Employer and Commitment to Non-Discrimination:

The Medical College of Wisconsin (MCW) is an Equal Opportunity Employer. We are committed to fostering an inclusive community of outstanding faculty, staff, and students, as well as ensuring equal educational opportunity, employment, and access to services, programs, and activities, without regard to an individual's race, color, national origin, religion, age, disability, sex, gender identity/expression, sexual orientation, marital status, pregnancy, predisposing genetic characteristic, or military status. Employees, students, applicants or other members of the MCW community (including but not limited to vendors, visitors, and guests) may not be subjected to harassment that is prohibited by law or treated adversely or retaliated against based upon a protected characteristic.


What Medical College Of Wisconsin employees say

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Get the full story on Breakroom

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About Medical College of Wisconsin

Sourced by ZipRecruiter

The Medical College of Wisconsin (MCW) is an industry-leading educational institution located in Milwaukee, WI, US. Being part of the medical and health services sector, MCW's primary mission is to educate and train the next generation of healthcare professionals. MCW offers a wide array of degrees and programs within medical and health sciences, covering everything from medical, graduate, pharmacy and health sciences studies, to continuing professional developments and community engagement initiatives. Founded in 1893, MCW boasts a rich, well-entrenched history in shaping the medical education landscape locally and globally. The institution's core values of knowledge-changing life underline its dedication to incorporating innovative approaches in education and research, commitment to diversity and inclusion, service to the community, integrity, stewardship, and collaboration.

Industry

Health care and social assistance

Company size

5,001 - 10,000 Employees

Headquarters location

Milwaukee, WI, US

Year founded

1893

Social media

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