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Manufacturing Cost Analyst Jobs (NOW HIRING)

Milo's

Manufacturing Cost Analyst

Spartanburg, SC · On-site

  • Medical

  • Life

  • Retirement

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 ...

Globalfoundries

Manufacturing Cost Analyst

Malta, NY

$92K/yr

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

Drinkmilos

Manufacturing Cost Analyst

Tulsa, OK · On-site

  • Medical

  • Life

  • Retirement

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 ...

Spectris

Manufacturing Cost Analyst

Los Angeles, CA · On-site

$70K - $75K/yr

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

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

Globalfoundries

Manufacturing Cost Analyst

Malta, NY · On-site

$92K/yr

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:

Drinkmilos

Manufacturing Cost Analyst

Spartanburg, SC · On-site

  • Medical

  • Life

  • Retirement

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 ...

GlobalFoundries

Manufacturing Cost Analyst

New York, NY · On-site

$92K/yr

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

Milo's

Manufacturing Cost Analyst

Tulsa, OK · On-site

  • Medical

  • Life

  • Retirement

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 ...

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All JobsManufacturing Cost Analyst Jobs

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 Aug 13, 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?

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:
Manufacturing Cost Analyst jobs near you
Infographic showing various Manufacturing Cost Analyst job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 7% Part Time, and 4% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $86,295 per year, or $41.5 per hour.

Manufacturing Cost Analyst

Tasty Brands LLC

Owensboro, KY • On-site

Full-time

Posted 13 days ago

Job description

Position Summary:

The Manufacturing Cost Analyst is responsible for providing financial and operational analysis to support manufacturing performance. This role partners closely with Plant Operations, Supply Chain, and Finance to analyze production costs, inventory, labor, and manufacturing yields, and to identify opportunities to improve efficiency and reduce waste.

Key Responsibilities:

Cost & Financial Analysis

  • Analyze manufacturing costs, including labor, materials, and overhead.
  • Prepare and analyze cost reports to identify trends and cost-saving opportunities.
  • Assist with monthly financial close activities related to manufacturing operations.
  • Support standard cost development and maintenance.
  • Perform variance analysis on labor, material usage, and manufacturing overhead.


Yield & Production Analysis

  • Monitor production yields and identify opportunities to reduce waste and improve efficiencies.
  • Analyze scrap, rework, and production losses.
  • Partner with Operations to investigate yield variances and recommend corrective actions.
  • Develop reports that measure manufacturing performance against established targets.


Inventory Management

  • Monitor inventory accuracy and investigate inventory discrepancies.
  • Analyze inventory transactions and adjustments.
  • Assist with cycle counts and physical inventories.
  • Support inventory valuation and reconciliation activities.
  • Ensure inventory records accurately reflect production activity.


Operational Reporting & Analytics

  • Develop and maintain manufacturing dashboards and KPIs.
  • Analyze labor productivity, machine utilization, and production efficiencies.
  • Create recurring reports for plant leadership and executive management.
  • Use Excel, ERP systems, and business intelligence tools to identify trends and opportunities.


Business Partnership

  • Partner with Production, Warehouse, Procurement, and Supply Chain teams to improve operational performance.
  • Assist department managers with financial analysis and decision support.
  • Recommend process improvements that strengthen internal controls and operational efficiency.
  • Participate in continuous improvement initiatives across the plant.

Ideal Candidate Profile:


Education

  • Bachelor's degree in Accounting, Finance, Business, or related field.


Experience

  • 3–5 years of accounting or financial analysis experience.
  • Manufacturing experience strongly preferred.
  • Experience with cost accounting and inventory analysis preferred.
  • Experience supporting manufacturing operations is highly desirable.


Knowledge, Skills & Abilities

  • Strong understanding of manufacturing cost accounting principles.
  • Experience analyzing inventory, labor, and production data.
  • Advanced Microsoft Excel skills, including PivotTables, XLOOKUP, Power Query, and complex formulas.
  • Experience with ERP systems (ADP, Microsoft Dynamics, SAP, Oracle, or similar) preferred.
  • Knowledge of Power BI or other reporting tools is a plus.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail with the ability to work independently.
  • Effective communication skills with the ability to explain financial information to non-financial leaders.
  • Ability to manage multiple priorities in a fast-paced manufacturing environment.