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Manufacturing Cost Analyst Jobs (NOW HIRING)

Analyze manufacturing performance metrics and cost and efficiency trends-including scrap, yield, cycle time, labor efficiency, QA, and Raw Material/Finished Goods Inventory-and translate findings ...

The Manufacturing Cost Analyst is responsible for analyzing, monitoring, and controlling manufacturing costs to improve profitability and operational efficiency. This role partners with operations ...

This role also partners closely with plant operations leadership to analyze manufacturing and cost data, provide financial insights, and support informed business decisions. Key Responsibilities

This role also partners closely with plant operations leadership to analyze manufacturing and cost data, provide financial insights, and support informed business decisions. Key Responsibilities

Manufacturing Cost Analyst Salary: $92,700 -$ 120,700/year Hours: Monday - Friday, 8:00 a.m. to 5:00 p.m. Location: 400 Stonebreak Road Extension, Malta, NY 12020 About GlobalFoundries:

Manufacturing Cost Analyst Malta, NY About GlobalFoundries: GlobalFoundries is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication ...

Manufacturing Cost Analyst Malta, NY About GlobalFoundries: GlobalFoundries is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication ...

... cost standards, analyzing variances, applying costs, and ensuring precise inventory valuation using your understanding of products, pricing, procurement, manufacturing processes, and systems. Lead ...

Analyze manufacturing performance metrics and cost and efficiency trends-including scrap, yield, cycle time, labor efficiency, QA, and Raw Material/Finished Goods Inventory-and translate findings ...

Turn Manufacturing Data into Strategic Cost Advantages Direct-hire/permanent opportunity Hybrid Schedule - Mon-Thurs onsite, remote on Fridays. Our client is seeking a Cost Analyst focused on ...

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Manufacturing Cost Analyst information

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$70.5K

$86.3K

$106.5K

How much do manufacturing cost analyst jobs pay per year?

As of Jul 24, 2026, the average yearly pay for manufacturing cost analyst in the United States is $86,295.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $90,000.00 per year, depending on experience, location, and employer.

What does a Manufacturing Cost Analyst do?

A Manufacturing Cost Analyst is responsible for evaluating and monitoring the costs associated with manufacturing processes. They analyze production expenses, identify cost-saving opportunities, and help improve operational efficiency. Their work involves preparing cost reports, tracking budgets, and collaborating with various departments to ensure accurate financial data. By understanding the cost drivers, they assist management in making informed decisions that can enhance profitability.

What is the difference between Manufacturing Cost Analyst vs Cost Accountant?

AspectManufacturing Cost AnalystCost Accountant
Primary FocusAnalyzing manufacturing costs, identifying cost-saving opportunitiesRecording, classifying, and reporting all costs for financial statements
Work EnvironmentManufacturing plants, production facilitiesAccounting departments, corporate offices
Required CredentialsAssociate's or Bachelor's in Manufacturing, Industrial Engineering, or AccountingBachelor's in Accounting, Finance, or related field; CPA often preferred
Industry UsageManufacturing, production companiesAll industries with financial reporting needs

While both roles involve cost analysis, the Manufacturing Cost Analyst primarily focuses on manufacturing costs and process improvements within production environments. In contrast, the Cost Accountant handles comprehensive cost recording and financial reporting across various departments. Understanding these differences helps employers and job seekers identify the right role based on their skills and career goals.

What are the key skills and qualifications needed to thrive as a Manufacturing Cost Analyst, and why are they important?

A Manufacturing Cost Analyst needs a strong background in accounting, finance, and cost analysis, usually supported by a bachelor’s degree in finance, accounting, or a related field. Proficiency in ERP systems (like SAP), Excel, and data analysis tools, as well as certifications such as CMA (Certified Management Accountant), are often required. Strong analytical thinking, attention to detail, and effective communication skills help analysts provide actionable insights and collaborate with cross-functional teams. These skills are crucial for accurately tracking production costs, optimizing budgets, and supporting strategic decision-making in manufacturing environments.

What are some typical challenges faced by Manufacturing Cost Analysts, and how can they be addressed?

Manufacturing Cost Analysts often encounter challenges such as accurately tracking production costs, managing data from multiple sources, and communicating findings to non-financial stakeholders. To address these, it's important to develop strong collaboration skills with production, engineering, and finance teams, as well as proficiency in ERP and cost accounting software. Staying proactive about process improvements and regularly reviewing costing methods can help ensure accuracy and drive cost-saving initiatives.
More about Manufacturing Cost Analyst jobs
What states have the most Manufacturing Cost Analyst jobs? States with the most job openings for Manufacturing Cost Analyst jobs include:
What job categories do people searching Manufacturing Cost Analyst jobs look for? The top searched job categories for Manufacturing Cost Analyst jobs are:
What are popular job titles related to Manufacturing Cost Analyst jobs? For Manufacturing Cost Analyst jobs, the most frequently searched job titles are:
Infographic showing various Manufacturing Cost Analyst job openings in the United States as of July 2026, with employment types broken down into 89% Full Time, 6% Part Time, 1% Temporary, and 4% Contract. Highlights an 83% Physical, 7% Hybrid, and 10% Remote job distribution, with an average salary of $86,295 per year, or $41.5 per hour.
Manufacturing Cost Analyst

Manufacturing Cost Analyst

Bestlogic Staffing

Farmington, CT • On-site

Full-time

Posted 16 days ago


Job description

The Manufacturing Cost Analyst is responsible for analyzing, benchmarking, and improving manufacturing costs across multiple production lines. This role acts as a key interface between production, engineering, controlling, and global lead plants to ensure cost transparency, identify cost drivers, and execute cost-reduction initiatives. The position supports both day-to-day cost monitoring and long-term cost strategy, including localization and process improvement projects.

Cost Analysis, Benchmarking & Target Setting

  • Review and analyze monthly group production cost reports; identify cost variances, root causes, and corrective actions.
  • Perform benchmark analyses of assembly hours and fabrication costs against lead plants.
  • Define cost and time deltas vs. lead plants and develop project-based action plans to close gaps.
  • Define and maintain cost-per-hour targets for fabrication processes; lead initiatives to achieve target levels.
  • Review manufacturing overhead (MOH) calculations monthly with Controlling; summarize key changes, drivers, and risks.

Stakeholder Coordination & Reporting

  • Lead monthly cost review meetings with each lead plant to review production costs, cost measures, and project status.
  • Facilitate cross-functional meetings with stakeholders responsible for cost measures and project execution.
  • Support and coordinate cost-measure investigations, including data collection, analysis, and follow-up actions.
  • Provide monthly or quarterly cost and project performance updates to senior leadership covering all assigned product lines.

Project Engineering Support & Project Management

  • Support project engineers with cost analyses for localization projects, including business-case evaluations and financial impact assessments.
  • Plan, manage, and execute concurrent improvement, cost-saving, and localization projects ensuring on-time delivery and realized financial benefits.
  • Develop and maintain structured project plans with scope, timelines, risk analyses, and cost strategies; monitor and report progress to senior leadership.

Experience

  • 1–3 years in manufacturing cost engineering, production engineering, or process improvement, preferably in sheet metal fabrication environments.
  • Experience in cost benchmarking, variance analysis, and manufacturing KPI management.
  • Strong project management skills; experience leading cross-site projects and stakeholder meetings.
  • Advanced Excel skills (PivotTables, Power Query); SAP and Power BI experience preferred.
  • Strong analytical, organizational, and communication skills; willingness to work on the shop floor and travel occasionally.

Education

Bachelor's degree in Industrial Engineering, Mechanical Engineering, Manufacturing Engineering, Business Administration (operations focus), or equivalent.

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