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Financial Cost Analyst Jobs in Rio Rancho, NM (NOW HIRING)

Goldbelt, Inc.

Financial Analyst II

Albuquerque, NM · On-site +1

Is able to support the formulation of strategic financial plans, prepare cost estimates, Purchase ... Analyzing budget execution data and providing recommendations to management * Tracking program ...

Goldbelt, Inc.

Financial Analyst II

Albuquerque, NM · On-site

Is able to support the formulation of strategic financial plans, prepare cost estimates, Purchase ... Analyzing budget execution data and providing recommendations to management * Tracking program ...

Tecolote Research

Schedule Analyst

Albuquerque, NM · On-site

Bachelor's degree in the following: Management, Business, Economics, Finance, Accounting ... Working knowledge of earned value management, cost estimating, and the DoD Budget cycle is ...

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All JobsFinancial Cost Analyst JobsFinancial Cost Analyst Jobs in Rio Rancho, NM

Financial Cost Analyst information

See Rio Rancho, NM salary details

$32.9K

$79.7K

$138.7K

How much do financial cost analyst jobs pay per year?

As of Jul 15, 2026, the average yearly pay for financial cost analyst in Rio Rancho, NM is $79,656.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,500.00 and $95,900.00 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.
What are popular job titles related to Financial Cost Analyst jobs in Rio Rancho, NM? For Financial Cost Analyst jobs in Rio Rancho, NM, the most frequently searched job titles are:
What job categories do people searching Financial Cost Analyst jobs in Rio Rancho, NM look for? The top searched job categories for Financial Cost Analyst jobs in Rio Rancho, NM are:
Financial Cost Analyst jobs near you
Infographic showing various Financial Cost Analyst job openings in Rio Rancho, NM as of July 2026, with employment types broken down into 85% Full Time, 8% Part Time, and 7% Contract. Highlights an 95% In-person, and 5% Hybrid job distribution, with an average salary of $79,656 per year, or $38.3 per hour.
Financial Analyst

Financial Analyst

University of New Mexico

Albuquerque, NM

Other

Re-posted 12 days ago

University Of New Mexico rating

8.5

Company rating: 8.5 out of 10

Based on 54 frontline employees who took The Breakroom Quiz

71st of 555 rated colleges and universities

Job description

The College of Pharmacy (https://hsc.unm.edu/pharmacy/) is seeking a resourceful, dynamic, and experienced individual to join its research administration team. Since 1945, the College of Pharmacy has been educating students as the only College of Pharmacy in the state of New Mexico. We are a top 5 NIH research funded College of Pharmacy in the United States, empowering groundbreaking researchers to push the boundaries of our knowledge in environmental toxicology (human exposure to microplastics and heavy metals) and substance use disorder, producing innovators who drive real change at our healthcare frontiers. 
 
This key position will be helping to pull and analyze our College of Pharmacy's grant financial statements. This position will coordinate post-award efforts and adjustments both internally and with other departments to ensure proper accounting of our extramural funding. They will monitor non-salary and labor expenses for accuracy. The successful candidate will provide direction, leadership, and advice in support of sponsored project financial planning, accrued and realized activities, assisting in development and training of faculty investigators, project managers, and research staff in collaboration with our staff accountants to improve financial proficiency.   
 
Duties and Responsibilities
  1. Leads post-award financial management, accurate and current labor allocations, and providing data to support sponsor-requested financial reporting.
  2. Monitors and analyzes research budgets (including research pilot project budgets) and cost shares, works to resolve issues with attention to detail.
  3. Meets regularly with College PIs to monitor grant spending (both internal and subawards), interpret budget reports for PIs, and oversees budget projections.
  4. Collaborates to provide compliance assurance with university policy, federal regulations, and other codified governance in the conduct and administration of research. Provides advice to faculty and administrators regarding funding policies, rules, and regulations.
  5. Primary liaison with contract and grant accounting office and fiscal monitor for the College of Pharmacy and its management office.
  6. Primary liaison with sponsored project subawardees, facilitating financial status updates to the College PIs on balances and progress within invoicing and payment. Regularly follows up with subawardees and/or core office fiscal monitor(s) on the status of invoicing, maintaining subaward invoice logs. Drives subaward invoicing as needed.
  7. Calculates accounting figures for carry-forward obligations, no-cost extensions, facilitates effort certifications.
  8. Maintains reports on potential losses on sponsored projects with unrealized bad debt expenses.
  9. Continuous improvement in institutional, regulatory knowledge and subject matter expertise that facilitates faculty and staff mentoring specific to NIH requirements.
  10. Provides dotted line supervision, mentoring, and training to program managers and senior research staff in support of faculty investigators.
  11. Coordinates internal onboarding and training in post-award research administration, research tracking and funding usage, and special project outreach.
  12. Assists with the College's annual Research & Scholarship Day event and other research events as needed.
  13. Duties as assigned.

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