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Material Cost Analyst Jobs (NOW HIRING)

beaconhill

Cost Analyst

Raleigh, NC

Cost Analyst Calling all Cost Analysts !! Our client, located in the Raleigh area, is searching for ... materials, maintenance, utilities, depreciation, and other operational drivers Conducting ...

DHD Consulting

Cost Analyst

Englewood Cliffs, NJ

$76K - $93K/yr

... cost accounting, bill of materials audits, inventory reconciliation, and cost analysis. The ... position also supports month-end close processes and special projects, while collaborating closely ...

Clayton Homes

Cost Analyst

Andersonville, TN · On-site

Cost Analyst will work with plant management to determine and resolve plant processes, take a ... Develop and maintain accurate Bills of Materials for each model and each Option produced in their ...

Clayton Homes

Cost Analyst

Nashville, NC · On-site

Cost Analyst will work with plant management to determine and resolve plant processes, take a ... Develop and maintain accurate Bills of Materials for each model and each Option produced in their ...

CTR Corporation

Cost Analyst

Portland, OR · On-site

$95K - $105K/yr

Will facilitate project performance tracking, material and services cost management and estimate ... Analytical skills, incl. the ability to interpret cost, schedule, and performance data and identify ...

ERMCO

Cost Analyst

Athens, GA

Job Summary ERMCO is seeking a detail-oriented Cost Analyst to support our Finance team in ... Understanding of inventory, production, and materials workflows. * Internship, co-op, or project ...

Clayton Homes

Cost Analyst

Nashville, NC · On-site

Cost Analyst will work with plant management to determine and resolve plant processes, take a ... Develop and maintain accurate Bills of Materials for each model and each Option produced in their ...

Clayton Homes

Cost Analyst

Andersonville, TN · On-site

Cost Analyst will work with plant management to determine and resolve plant processes, take a ... Duties / Responsibilities: • Develop and maintain accurate Bills of Materials for each model and ...

Power Partners

Cost Analyst

Athens, GA · On-site

Job Summary ERMCO is seeking a detail-oriented Cost Analyst to support our Finance team in ... Understanding of inventory, production, and materials workflows. * Internship, co-op, or project ...

Awg

Cost Analyst

Lincoln, NE · Hybrid

Trending Target Unit Prices, productivity outputs, and contractor performance against tender baselines * Analysing material usage against agreed material footprints * Supporting cost reconciliation ...

Power Partners

Cost Analyst

Athens, GA · On-site

Job Summary ERMCO is seeking a detail-oriented Cost Analyst to support our Finance team in ... Understanding of inventory, production, and materials workflows. * Internship, co-op, or project ...

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All JobsMaterial Cost Analyst Jobs

Material Cost Analyst information

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$37K

$86.3K

$127.5K

How much do material cost analyst jobs pay per year?

As of Jun 8, 2026, the average yearly pay for material 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 are some common challenges Material Cost Analysts face when working with cross-functional teams?

Material Cost Analysts often collaborate with procurement, engineering, and manufacturing teams to accurately forecast and control material costs. A common challenge is reconciling differing priorities—while engineers may prioritize quality and innovation, procurement often focuses on cost savings. Effective communication and negotiation skills are essential for aligning these objectives and ensuring data accuracy, as cost discrepancies can significantly impact project budgets and timelines. Building strong relationships and maintaining transparency help analysts navigate these challenges and add value to the organization.

What does a Material Cost Analyst do?

A Material Cost Analyst is responsible for evaluating and monitoring the costs associated with materials used in manufacturing or production. They analyze price trends, assess supplier quotes, and track inventory costs to help companies manage expenses and improve profitability. Their work often involves collaborating with procurement, finance, and production teams to ensure cost-effective purchasing and efficient use of resources.

What is the difference between Material Cost Analyst vs Procurement Analyst?

AspectMaterial Cost AnalystProcurement Analyst
Primary FocusAnalyzing and controlling material costs to optimize budgetsManaging procurement processes and supplier negotiations
Skills & CertificationsCost analysis, budgeting, supply chain knowledge, certifications like CPCM or CPMProcurement strategies, negotiation skills, certifications like CPSM or CPIM
Work EnvironmentManufacturing, construction, or industrial settingsCorporate procurement departments, manufacturing firms
Industry UsageUsed in industries focusing on cost control and budgetingUsed in supply chain and purchasing departments

The Material Cost Analyst primarily focuses on analyzing and managing material costs within organizations, ensuring budgets are maintained. In contrast, the Procurement Analyst concentrates on sourcing and purchasing materials, negotiating with suppliers, and managing procurement processes. Both roles require supply chain knowledge and certifications, but their core responsibilities differ, with the Material Cost Analyst emphasizing cost control and the Procurement Analyst emphasizing procurement strategies.

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

To thrive as a Material Cost Analyst, you need strong analytical skills, a background in finance or supply chain management, and proficiency in cost accounting principles. Familiarity with ERP systems, advanced Excel functions, and data analysis tools such as SAP or Oracle is typically required. Attention to detail, problem-solving abilities, and effective communication are standout soft skills in this role. These competencies ensure accurate cost analysis, support informed business decisions, and help maintain profitability in complex supply chain environments.
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Material Cost Analyst jobs near you
Infographic showing various Material Cost Analyst job openings in the United States as of May 2026, with employment types broken down into 71% Full Time, 27% Part Time, and 2% Contract. Highlights an 75% Physical, 1% Hybrid, and 24% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Material Cost Book Coordinator/Manufacturing Cost Analyst

Material Cost Book Coordinator/Manufacturing Cost Analyst

Intellectt INC

Auburn Hills, MI • On-site

Contractor

Posted 11 days ago

Job description

Position Overview: Material Cost Book Coordinator

Location : Auburn Hills, Michigan USA

Duration : Long term Contract role

The Material Cost Book Coordinator is responsible for managing, validating, and maintaining material cost data across multiple automotive programs. This role ensures that project cost books accurately reflect the Bill of Materials (BOM) and align with current engineering designs, manufacturing processes, and supplier cost inputs. The position plays a critical role in Total Product Cost (TPC) tracking, reporting, and cost optimization for Stellantis vehicle programs.

The coordinator works cross-functionally with Engineering, Cost Engineering, Manufacturing, Purchasing, and Project Management teams while supporting casting, stamping, injection molding, and other automotive manufacturing processes

Key Responsibilities (What the Candidate Will Do)

Maintain and Manage Project Cost Books

Create, update, and maintain material cost books for multiple vehicle programs simultaneously.

Ensure cost books accurately reflect current BOM, design releases, and engineering changes.

Cross-Functional Collaboration

Work closely with Engineering teams to validate part designs and ensure material cost alignment.

Coordinate with Cost Engineering, Manufacturing, and Purchasing teams to capture the most up-to-date cost assumptions and supplier data.

Cost Analysis & Validation

Perform multi-commodity costing covering castings, stampings, injection-molded parts, and assemblies.

Develop and validate variable and tooling cost models using activity-based costing or “should-cost” methodologies.

Monthly Cost Reporting & Presentations

Prepare and present Total Product Cost (TPC) status and month-over-month cost evolution to stakeholders.

Highlight variances, risks, cost drivers, and improvement opportunities.

Project & Program Cost Tracking

Support project planning and cost tracking across multiple programs with tight deadlines.

Ensure alignment between cost targets, timing plans, and program milestones.

Data Management & Tools Usage

Use Excel and IT systems to analyze, consolidate, and report cost data.

Work with NX and Teamcenter to validate design and BOM information.

Continuous Cost Improvement

Support cost reduction initiatives and identify opportunities for savings through design, sourcing, or process optimization.

Contribute to standardization of costing methodologies across programs.

Essential Technical Skills

Strong analytical and synthesis mindset

Advanced Excel proficiency and comfort with IT systems

Project management and planning skills

Multi-commodity costing expertise

Working proficiency in English

Knowledge of automotive manufacturing processes

Excellent written and verbal communication skills

Mandatory Requirements

Bachelor’s degree in Business, Finance, Mathematics, or Engineering

Minimum 5 years of experience in Manufacturing & Costing

Total experience: 10+ years

Experience in design, release, processing, or cost development roles

Strong understanding of automotive production methods and development processes

Detail-oriented with ability to manage multiple programs simultaneously

Ability to work effectively in a global, cross-functional team

Demonstrated leadership and stakeholder management skills

Preferred / Advantageous Qualifications

Bachelor’s degree in Engineering with an advanced degree in Business

Experience with NX and Teamcenter

Activity-based costing or cost model development experience

Prior automotive “should-cost” or cost reduction experience

Experience in Tier-1, Tier-2 suppliers or passenger vehicle OEMs

High flexibility and comfort working in a fast-paced environment

Behavioral & Soft Skills

Strong planning and prioritization

High attention to detail and accuracy

Assertive and persuasive communication

Strong interpersonal and problem-solving skills

Data-driven decision making using metrics and analysis