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Material Cost Analyst Jobs (NOW HIRING)

DHD Consulting

Cost Analyst

Englewood Cliffs, NJ · On-site

$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

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 ...

Clayton Homes

Cost Analyst

Nashville, NC

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 ...

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 ...

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 ...

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 ...

DMG MORI USA, INC

Cost Analyst

Davis, CA · On-site

$90K - $107K/yr

Reconcile raw materials, work in progress and finished goods inventory accounts * Analyze the variances between production costs and inventory counting results * Establish project cost analysis and ...

Clayton Homes

Cost Analyst

Wakarusa, IN

$65K - $75K/yr

The Facility Cost Analyst is responsible for identifying operational and cost-related challenges ... Develop and maintain accurate Bills of Material (BOM) for each model and each option produced in ...

Clayton Homes

Cost Analyst

Wakarusa, IN · On-site

$65K - $75K/yr

The Facility Cost Analyst is responsible for identifying operational and cost-related challenges ... Develop and maintain accurate Bills of Material (BOM) for each model and each option produced in ...

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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 14, 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 is the role of a material cost analyst?

A material cost analyst evaluates and monitors the costs of raw materials and components used in manufacturing or production processes. They analyze pricing trends, prepare cost reports, and collaborate with procurement and engineering teams to optimize material expenses. Proficiency in data analysis tools and understanding of supply chain management are essential for this role.

How much does a cost analyst make in the US?

A cost analyst in the US typically earns between $55,000 and $85,000 annually, with the median around $70,000. Salaries vary based on experience, industry, and location, and the role often requires strong analytical skills and proficiency with spreadsheets and cost modeling tools.

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.

What does a materials analyst do?

A materials analyst evaluates and manages the costs of raw materials and components used in manufacturing or production processes. They analyze supplier data, monitor market trends, and use tools like spreadsheets or cost analysis software to optimize material expenses and ensure budget adherence.

What does a cost analyst do?

A cost analyst evaluates and monitors the costs associated with production, projects, or operations to help organizations control expenses and improve profitability. They analyze financial data, prepare reports, and may use tools like spreadsheets or cost management software to identify cost-saving opportunities. Strong analytical skills and attention to detail are essential for this role.
More about Material Cost Analyst jobs
What job categories do people searching Material Cost Analyst jobs look for? The top searched job categories for Material Cost Analyst jobs are:
Material Cost Analyst jobs near you
Infographic showing various Material Cost Analyst job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 67% Full Time, 26% Part Time, 1% Temporary, and 4% Contract. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Material Cost Analyst & Integrator (Level 2)

Material Cost Analyst & Integrator (Level 2)

Lockheed Martin Corporation

Fort Worth, TX • Hybrid

Other

Posted 10 hours ago

Lockheed Martin rating

8.2

Company rating: 8.2 out of 10

Based on 382 frontline employees who took The Breakroom Quiz

31st of 60 rated aerospace companies

Job description

Material Cost Analyst & Integrator (Level 2)
What You Will Be Doing
Join LockheedMartin's legendary SkunkWorks team as a Material Cost Integrator and play a key role in supporting mission critical Advanced Development Programs (ADP). You will work within the Program Finance team to manage material performance, analyze costs, and provide actionable insights that directly influence program decision making and business outcomes. This position offers exposure to a variety of financial management functions and provides a strong foundation for career growth within LockheedMartin.
Key Responsibilities
This role demands a unique blend of Program Finance and Enterprise Resource Planning (ERP) expertise. It involves understanding material requirements, the flow of parts throughout the ERP system, and the associated financial implications.
Manage end to end material costs and EV performance for a standalone SkunkWorks program.
Support Program Finance activities including material baselines, re baselines, Comprehensive Estimates at Completion (CEAC), variance analysis, reconciliation of actual costs, and creation of independent cost estimates.
Reconcile material commitments and subcontractor costs with requirements identified in the Bill of Materials.
Support internal and external program audits.
Identify and rectify ERP system discrepancies.
What's In It For You
From onsite to remote, we offer flexible work schedules to comprehensive benefits investing in your future and security, Learn more about Lockheed Martin's comprehensive benefits package here.
Who You Are
You are a detail-oriented and analytical finance professional with a passion for solving complex business challenges and supporting program success. You possess strong financial analysis, cost management, and problem-solving skills, with the ability to translate material and financial data into actionable insights that drive informed decision-making.
You thrive in a collaborative, fast-paced environment and enjoy working at the intersection of Program Finance and ERP systems to understand material requirements, supply chain activities, and financial performance. A strong communicator and team player, you effectively partner with cross-functional stakeholders to ensure accurate reporting, resolve issues, and support successful program execution while continuously seeking opportunities to learn and grow.

What Lockheed Martin employees say

Pay

Benefits

Hours and flexibility

Workplace

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About Lockheed Martin

Sourced by ZipRecruiter

As a global security and aerospace company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government agencies.The remaining portion of Lockheed Martin's business is comprised of international government and commercial sales of products, services and platforms.

Industry

Manufacturing

Company size

10,000+ Employees

Headquarters location

Bethesda, MD, US

Year founded

1912

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