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Government Cost Analyst Jobs (NOW HIRING)

Odyssey Systems Consulting Group, Ltd.

Cost Analyst

$110K - $125K/yr

Support and attend Government/Prime Contractor meetings for information-gathering purposes to ... or Cost Estimating/Analysis), plus three (3) semester hours of Calculus. Years of Experience: 7 ...

Technomics, Inc.

Cost Analyst

Albuquerque, NM · On-site

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Technomics, Inc.

Cost Analyst

Arlington, VA · On-site

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Technomics, Inc.

Cost Analyst

Troy, MI · On-site

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Technomics

Cost Analyst

Arlington, VA

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Technomics, Inc.

Cost Analyst

Arlington, VA · On-site

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Technomics, Inc.

Cost Analyst

Troy, MI · On-site

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Technomics

Cost Analyst

Albuquerque, NM

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Technomics

Cost Analyst

Arlington, VA

We enable a wide range of clients across the Federal government, from senior level policy makers to ... Develop economic analyses, including but not limited to business case analyses, cost/benefit ...

Eliassen Group

Cost Analyst

Aberdeen Proving Ground, MD · On-site

$60 - $70/hr

The analyst collaborates with subject matter experts to produce independent Government cost estimates that withstand Army and DoD review. The position serves as a working leader who mentors lower ...

Systems Planning and Analysis

Cost Analyst

Alexandria, VA · On-site

$120K - $165K/yr

Public Trust clearance * 15+ years of experience in government program cost estimation roles ... Strong analytical background in gathering and interpreting complex amounts of data and excellent ...

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All JobsFinance And Insurance JobsAccounting JobsCost Analyst JobsGovernment Cost Analyst Jobs

Government Cost Analyst information

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$37K

$86.3K

$127.5K

How much do government cost analyst jobs pay per year?

As of Sep 14, 2026, the average yearly pay for government cost analyst in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 per year, depending on experience, location, and employer.

What is a government cost analyst?

A Government Cost Analyst is a professional who evaluates and analyzes the costs associated with government projects, contracts, and programs. They ensure that budgets are accurate, spending is efficient, and public funds are used responsibly. Their work involves reviewing financial data, preparing cost estimates, and ensuring compliance with regulations and policies. Government Cost Analysts play a crucial role in decision-making processes to help agencies manage resources effectively.

What are the key skills and qualifications needed to thrive as a government cost analyst?

To thrive as a Government Cost Analyst, you typically need a solid background in accounting, finance, or economics, often supported by a bachelor's degree in a related field. Expertise in cost estimation software, spreadsheet tools like Microsoft Excel, and familiarity with federal cost accounting standards or certifications such as Certified Government Financial Manager (CGFM) are highly valuable. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills are crucial for ensuring accurate budget planning, compliance, and cost control within government projects.

What are some common challenges faced by government cost analysts when working on federal projects?

Government Cost Analysts often face challenges related to interpreting complex federal regulations, such as the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS). Ensuring compliance while accurately forecasting and analyzing costs can be demanding, especially as project requirements and budgets evolve. Collaboration with various departments, including procurement, program management, and finance, is frequent and essential for gathering accurate data and ensuring transparency. Staying organized and detail-oriented is key when juggling multiple projects with tight deadlines.

What is the difference between Government Cost Analyst vs Government Budget Analyst?

AspectGovernment Cost AnalystGovernment Budget Analyst
Required CredentialsBachelor's degree in finance, accounting, or related field; certifications like CPC or CFC are commonBachelor's degree in finance, public administration, or related; similar certifications may apply
Work EnvironmentGovernment agencies, defense contractors, consulting firmsFederal, state, or local government agencies
Employer & Industry UsageUsed for analyzing project costs, contract pricing, and financial complianceUsed for planning, preparing, and managing government budgets

While both roles involve financial analysis within government settings, the Government Cost Analyst focuses on cost estimation, contract pricing, and financial compliance, whereas the Government Budget Analyst specializes in budget planning, allocation, and financial management. Both roles require similar educational backgrounds and certifications, often working within government agencies or related organizations.

How much does a government cost analyst make?

A government cost analyst typically earns between $60,000 and $100,000 annually, depending on experience, education, and location. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries, especially in federal agencies or specialized sectors.

What cities are hiring for Government Cost Analyst jobs?

Cities with the most Government Cost Analyst job openings:

What states have the most Government Cost Analyst jobs?

States with the most job openings for Government Cost Analyst jobs include:

What are popular job titles related to Government Cost Analyst jobs?

For Government Cost Analyst jobs, the most frequently searched job titles are:

Cost Analyst

Remote

Odyssey Systems Consulting Group, Ltd.
Public Administration • 1 - 5K employees
Learn more about Odyssey Systems Consulting Group, Ltd.external

$110K - $125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 18 days ago

Job description

Position Summary
Odyssey Systems has an exciting new opportunity for a Cost Analyst to join our team of analysts developing, updating, and defending Life Cycle Cost Estimates (LCCEs) / Program Office Estimates (POEs) across Radar and C2 missions. This is a full-time opportunity with 90% of your time spent working remote.
If you have experince with ACE-IT (Automated Cost Estimating Integrated Tools) and are passionate about utilizing your financial and business accumen to defend our National Security interests, then this is the role for you!
Responsibilities
Duties include, but not limited to:
  • Data Integration
    • Develop and support custom cost data tools to support future estimates
    • Institute quality control measures, report results, and conduct process improvement initiatives as needed
  • Cost Estimating Process
    • Develop, maintain, update, and deliver fully documented and well-supported cost estimates, with an assessment of risk and schedule
    • Apply standard cost estimating methods such as analogy, engineering or scientific methodology, and extrapolation
    • Use of cost estimating outputs to assess the impact various factors have on the costs to design, research, develop, operate, maintain, and dispose of a particular weapon system
    • Work through the cost estimating analytical processes including problem definition, background research, data collection, analyzing data analysis, data visualization, formulating mathematical expressions, and developing and defending conclusions
    • Analyze all elements affecting costs for a project of limited scope
    • Implement processes and logic to extract, transform, and distribute cost from across radar and C2 missions to inform data-driven decisions
  • Cost Estimating Products
    • Support, develop, maintain, and update cost estimates such as Program Office Estimate (POE), Single Best Estimate (SBE), non-MDAP Independent Cost Estimates (ICEs), Independent Cost Analyses (ICAs), Sufficiency Reviews (SRs), Cost Excursions, Rough Order of Magnitude (ROM) (to include estimates within the Comprehensive Cost and Requirement (CCaR) System), Service Cost Positions (SCPs), Program Executive Officer (PEO) Estimates in support of annual Program Objective Memorandum (POM) submissions, Should Cost Estimates, Independent Program Assessments (IPAs), Milestone Reviews and Interim Program Reviews. All products shall be delivered within the time specified by the government.
    • Develop cost-related program inputs such as, but not limited to, Most Probable Cost Estimate, Should Cost/Will Cost Estimate, and Government Basis of Estimate (BOE), for government Shoulder-to-Shoulder activities with Program Contractors and solicitation activities such as Request for Proposals (RFPs), Acquisition Strategy Plans (ASPs) and Source Selections; and annual execution plans within the Comprehensive Costs and Requirements (CCaR) System
    • Create Business Case Analyses (BCA), Cost-Benefit Analyses (CBA), market surveys, Economic Analyses (EA), or other related analyses in accordance with mandated government regulations
  • Program Support
    • Analyze Program Contractor cost estimates to ensure consistency with Government cost estimating procedures; analyze the Program Contractor's BOE, risks and crosscheck major WBS elements or cost drivers IAW DoD and AF and requirements; record analysis results
    • Support and attend Government/Prime Contractor meetings for information-gathering purposes to assist the government in assessing cost estimates
    • Support all cost-related activities within RFP reviews, Source Selections, and Initial/Integrated Baseline Reviews (IBRs)
    • Provide cost-related support to accomplish required Acquisition Reporting, to include but not limited to, Acquisition Program Baseline (APB) and Program Management Reviews (PMRs)
    • Assess acquisition planning documents

Qualifications
Minimum Required Qualifications:
Clearance: Must be able to obtain and maintain a DoD Secret security clearance.
Education: BS/BA with 21 semester hours in quantitative analysis courses (or other fields relevant to their area of expertise limited to the following: Management, Business, Economics, Finance, Operations Research Analyst, Accounting, Mathematics, Science, Technology, Engineering, Statistics, or Cost Estimating/Analysis), plus three (3) semester hours of Calculus.
Years of Experience: 7 years of relevant experience.
Skills:
  • 7 yeas of cost estimating experience
  • Extensive knowledge of Microsoft Office Suite experience
  • Experience using cost estimating tools such as ACE-IT (Automated Cost Estimating Integrated Tools), SEER or Unison's TruePlanning

Preferred Qualifications:
Clearance: Active Secret Clearance
Education: BA/BS
Years of experience: 10 Years
Preferred Experience:
  • 10 years of cost estimating and ACE-IT experience
  • Prior Department of Defense weapons system acquisition experience
  • Analyzing agile metrics (velocity, features, stories, etc.)and estimating agile projects
  • Experience with Programming languages such as Python, R and/or SQL.
  • Data Modeling/Mapping
  • Tracking efforts via Jira and Confluence

Additional Information
Location: Peterson Space Force Base- Colorado Springs, CO
Travel: NA
Remote, On-site, or Hybrid: Hybrid-Approximately 90% remote work with occasional on-site support at Peterson Space Force Base
Compensation: $110k-$125k annually
#LI-CV1
Company Overview
Odyssey is a world-class technical, engineering, and integration company serving the warfighting ecosystem with airborne integration, ISR, C2, and warfighter readiness capabilities. Odyssey meets the military's operational needs by integrating layered defense systems from equipment, technology, and services to data, information, and business operations. We streamline defense acquisition and sustainment, engineering the technical battlefield with domain-specific proficiency to ensure lethality. Odyssey is dedicated to excellent contract execution, peak organizational performance, and fostering a workplace built on employee care.
Odyssey is proud to live out our core values of commitment, ambition, and respect in our work and communities through OdysseyCares, a philanthropic group focused on giving back through direct donations, an employer match program, and volunteering events.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
Please Note:
Final compensation for this position will be determined by various factors such as the Federal Government contract labor categories and contract wage rates, relevant work experience, specific skills and competencies, geographic location, education, and certifications.
This position is filled through continuous recruitment and will remain open until a sufficient pool of applications has been received.
Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, Tricare supplement, short-term disability, long-term disability, 401(k) match, flexible spending accounts, health savings accounts, employee assistance program, learning and development benefit, paid time off, and holidays.
Odyssey Benefits

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