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Material Cost Analyst Jobs (NOW HIRING)

Linde

Cost Analyst

Indianapolis, IN · On-site

Linde Advanced Material Technologies Inc. Cost Analyst Speedway, IN United States req28902 What you will enjoy doing* * You will support the development, implementation, and maintenance of standard ...

Archer

Cost Analyst

San Jose, CA

$83K - $115K/yr

Establish and manage standard costs for materials, labor, and overhead; track and report variances. * Cross-Functional Collaboration: Partner with engineering and operations teams to analyze and ...

Stratagem Solutions, Inc

Cost Analyst

Huntsville, AL · On-site

Analyze the following cost elements: labor, travel, materials, other ODC, overhead, G&A and cost of money. * Evaluate various Courses of Actions (COAs) in the development of an Analysis of ...

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Klosterman Baking Co

Cost Analyst

Hebron, KY · On-site

$80K - $90K/yr

Key Responsibilities Cost Accounting & Manufacturing Finance ... Maintain and analyze standard costs for raw materials, packaging, labor, and overhead. * Monitor ...

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Linde

Cost Analyst

Indianapolis, IN · On-site

... material, and routing structures. * You will partner with Operations, Engineering, Supply Chain ... You will prepare reports, cost models, financial analyses, and supporting documentation to assist ...

Linde Group

Cost Analyst

Indianapolis, IN · On-site

... material, and routing structures. * You will partner with Operations, Engineering, Supply Chain ... You will prepare reports, cost models, financial analyses, and supporting documentation to assist ...

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ · On-site

... cost elements such as direct labor, materials, overhead, indirect rates, and general ... Strong analytical, problem-solving, and critical thinking skills * Excellent written and verbal ...

Masco Corporation

Cost Analyst

Novi, MI · On-site

$56K - $89K/yr

The Cost Analyst supports BrassCraft's Plant Operations and Finance teams by providing cost ... material, labor, and overhead cost inputs. * Supports and coordinates the execution of the annual ...

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ

... cost elements such as direct labor, materials, overhead, indirect rates, and general ... Strong analytical, problem-solving, and critical thinking skills * Excellent written and verbal ...

Archer

Cost Analyst

San Jose, CA · On-site

$83K - $115K/yr

Establish and manage standard costs for materials, labor, and overhead; track and report variances. * Cross-Functional Collaboration: Partner with engineering and operations teams to analyze and ...

Quanta Services

Cost Analyst

Columbus, OH · On-site

Monitor and analyze labor, equipment, subcontract, and material costs for accuracy and completeness. * Assist in preparing earned value and production tracking reports; support monthly cost-to ...

Qualus

Cost Analyst

Houston, TX · On-site

As a Cost Analyst you will be responsible for assembling and providing information to Project ... Develop project plans, orders resources and materials, holds job kick off meetings, and identify ...

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ · On-site

... cost elements such as direct labor, materials, overhead, indirect rates, and general ... Strong analytical, problem-solving, and critical thinking skills * Excellent written and verbal ...

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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 Jul 5, 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.

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 proficiency in data analysis tools and cost modeling.

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 type of analyst gets paid the most?

Among analysts, financial analysts and management analysts tend to have the highest salaries, especially those with advanced certifications or specialized expertise. Material Cost Analysts typically earn moderate to high wages depending on experience, industry, and location, but generally do not surpass senior financial or management analysts in pay scale.

What is a material cost analyst job description?

A material cost analyst is responsible for estimating, analyzing, and controlling the costs of materials used in manufacturing or production processes. They review supplier pricing, track expenses, and use tools like spreadsheets or cost management software to ensure budgets are maintained and costs are optimized. Strong analytical skills and attention to detail are essential for this role.

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 cost analyst do?

A cost analyst evaluates and monitors the expenses associated with projects, products, or operations to help organizations control costs 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 1% As Needed, 78% Full Time, 17% Part Time, 2% Contract, and 2% Nights. Highlights an 77% Physical, 1% Hybrid, and 22% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Cost Analyst

Cost Analyst

Linde

Indianapolis, IN • On-site

Full-time

Life, Retirement

Posted 18 days ago

Linde rating

8.0

Company rating: 8.0 out of 10

Based on 81 frontline employees who took The Breakroom Quiz

35th of 91 rated chemical manufacturers

Job description

Linde Advanced Material Technologies Inc.
Cost Analyst
Speedway, IN United States req28902
What you will enjoy doing*
  • You will support the development, implementation, and maintenance of standard costing methodologies across manufacturing operations, including labor, overhead, material, and routing structures.
  • You will partner with Operations, Engineering, Supply Chain, and Accounting teams to validate bills of materials (BOMs), routings, inventory transactions, and manufacturing cost drivers to ensure accurate product costing.
  • You will analyze manufacturing variances, inventory transactions, labor utilization, scrap, and overhead absorption to identify trends, risks, and opportunities for operational and financial improvement.
  • You will support ERP/MRP costing activities, data validation, system testing, and troubleshooting efforts associated with standard cost implementation and ongoing system enhancements.
  • You will prepare reports, cost models, financial analyses, and supporting documentation to assist leadership with operational decision-making and continuous improvement initiatives.
  • You will support Lean manufacturing and continuous improvement initiatives by identifying waste, improving process efficiency, supporting standard work development, and enhancing costing accuracy across operations.
  • You will demonstrateleadership humility by collaborating effectively across functions, remainingopen to feedback and continuous learning, supporting team objectives, andpromoting a respectful and accountability-driven work environment

What makes you great
  • MS/MA/MBA with 0-4 years of related accounting, manufacturing finance, cost accounting, or operational analysis experience OR BS/BA with 3+ years of related experience OR 10+ years of directly related manufacturing costing or accounting experience at AMT/PGT or similar manufacturing environments.
  • Bachelor's degree in Accounting, Business, Finance, Operations, Industrial Engineering, Supply Chain, or related field preferred.
  • Experience supporting manufacturing cost accounting processes including standard costing, inventory analysis, BOM validation, labor and overhead analysis, and variance reporting.
  • Working knowledge of ERP/MRP systems such as Oracle, SAP, Costpoint, or similar manufacturing systems.
  • Advanced Microsoft Excel skills including formulas, pivot tables, data validation, reporting, and financial modeling.
  • Ability to gather, clean, validate, and analyze operational and financial data from multiple cross-functional sources.
  • Strong analytical, organizational, and problem-solving skills with high attention to detail and data accuracy.
  • Ability to communicate effectively and collaborate with Accounting, Engineering, Operations, Supply Chain, and external implementation resources.
  • Foundational understanding of Lean Production System principles including continuous improvement, waste reduction, standard work, root cause analysis, and process optimization.
  • Demonstrated leadership humility through teamwork, accountability, openness to feedback, adaptability, and support of continuous learning and operational excellence.
  • Lean, or Six Sigma certification/training is preferred.

Why you will love working with us
Linde Advanced Material Technologies, formerly Praxair Surface Technologies, is a company that revolutionizes industries through innovative materials and surface coatings. We are leaders in advanced materials and offer metal powders, sputtering targets, and surface coatings that enhance performance across various sectors. Our strong focus on innovation is evident in our superior technologies for the aerospace, energy, semiconductor, automotive, and industrial industries.
Linde employees learn and abide the Linde Code of Ethics and Code of Conduct by demonstrating honesty, integrity, professionalism in all communications, actions, and decisions.
What we offer you!
At Linde, the sky is not the limit. If you're looking to build a career where your work reaches beyond your job description and betters the people with whom you work, the communities we serve, and the world in which we all live, at Linde, your opportunities are limitless. Be Linde. Be Limitless.
In addition to competitive compensation, we offer a wide range of medical options to suit everyone's needs. Other benefits include; educational and professional development, employee discount program, 401K, pension plan, and life insurance, just to name a few.
Have we inspired you? LetÂ's talk about it
We are looking forward to receiving your complete application.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, protected veteran status, pregnancy, sexual orientation, gender identity or expression, or any other reason prohibited by applicable law.
Linde Advanced Material Technologies Inc. abides by applicable export control laws includingthe Export Administration Regulations (EAR) and the International Traffic inArms Regulations (ITAR) in accordance with the company's export controlprocedures. As such, persons considered for this position must be eithera U.S. Citizen, Permanent Resident (green card holder) or otherwiseclassifiable as a U.S. person under relevant regulations.
Linde Advanced Material Technologies Inc. acts responsibly towards its shareholders, business partners, employees, society and the environment in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.
*The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Therefore employees assigned may be required to perform additional job tasks required by the manager.
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