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Material Cost Analyst Jobs (NOW HIRING)

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

Cost Analyst

Waterville, NY · On-site

$22 - $24/hr

Maintains cost system in Navision, determining bills of material, preparation of margin information ... Knowledge of accounting and financial analysis * Proficient in Microsoft Office Suite; high level ...

Cost Analyst

Houston, TX · On-site +1

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 ...

Cost Analyst

NY · On-site

$22 - $24/hr

Maintains cost system in Navision, determining bills of material, preparation of margin information ... Knowledge of accounting and financial analysis * Proficient in Microsoft Office Suite; high level ...

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

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

Monitor changes and update bills of materials / routing * Analyze and update labor and ... Conduct studies and submit recommendations for improving the organization's cost accounting ...

Cost Analyst

Sacramento, CA · On-site

$66K/yr

The Cost Analyst will analyze and report on inventory valuation, production, and various other ... Ensure timely and accurate input of bill of materials and price code changes. * Analyze potential ...

Cost Analyst

Warrenville, IL · On-site +1

$64K - $98K/yr

Materials codes in SAP for use in the MIPS/Labels locations * Cost centers and Work center setup in ... Strong analytical skills are required. * Able to apply business acumen and collaborative skills ...

The Cost Analyst will analyze and report on inventory valuation, production, and various other ... Ensure timely and accurate input of bill of materials and price code changes. * Analyze potential ...

Maintains cost system in Navision, determining bills of material, preparation of margin information ... Knowledge of accounting and financial analysis * Proficient in Microsoft Office Suite; high level ...

Reviews and update standard costs for part numbers in the bill of materials. Prepares PPV variance analysis and reporting. Validates the cost of goods sold as part of the month-end close. Prepare ...

The role performs cost analysis across development, demonstration, and production phases, develops ... application materials to help identify candidates whose qualifications most closely match the ...

Maintains cost system in Navision, determining bills of material, preparation of margin information ... Knowledge of accounting and financial analysis * Proficient in Microsoft Office Suite; high level ...

Monitor changes and update bills of materials / routing * Analyze and update labor and ... Conduct studies and submit recommendations for improving the organization's cost accounting ...

Cost Analyst

Springfield, MA · On-site

$70K - $90K/yr

Monitor changes and update bills of materials / routing * Analyze and update labor and ... Validate cost of goods sold during month-end * Support ad hoc requests of Finance Manager * Perform ...

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Material Cost Analyst information

See salary details

$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
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

Full-time

Posted 18 days ago


Job description

Responsibilities

About NAWCAD Lakehurst:
NAWCAD Lakehurst is the U.S. Navy’s premier site for research, development, test, evaluation, and sustainment of Aircraft Launch and Recovery Equipment (ALRE) and Aircraft Support Equipment (SE). As part of NAVAIR, our mission is to provide innovative, cost-effective solutions that ensure the operational readiness and superiority of naval aviation forces.

Position Summary:

We are seeking a motivated and detail-oriented Cost Analyst to join our team. The Cost Analyst will play a critical role in supporting acquisition and sustainment programs by developing data-driven cost estimates, evaluating contract proposals, and providing actionable insights to program managers and stakeholders. This position offers the opportunity to work on high-impact projects that directly support the U.S. Navy’s mission.

Key responsibilities include but are not limited to:

  • Data Analysis & Management
    • Retrieve, clean, and analyze historical data from predefined databases
    • Develop and/or maintain databases and datasets to support cost modeling
    • Apply statistical techniques to prepare data for use in financial models
  • Cost Modeling (Excel based)
    • Decompose complex technical and programmatic information into quantifiable elements suitable for cost modeling
    • Build, refine, and document Excel-based economic and financial models to estimate costs for acquisition, sustainment, and total lifecycle scenarios
  • Predictive Analytics
    • Use historical data to predict future events/outcomes
    • Link technical parameters to pricing and assess cost drivers
    • Apply appropriate production/learning curve theories and economic/technical metrics
    • Execute risk/uncertainty analysis on cost models
  • Proposal Evaluation
    • Review and analyze contract proposals, including technical, programmatic, and financial documentation
    • Recognize and assess the reasonableness and accuracy of cost elements such as direct labor, materials, overhead, indirect rates, and general & administrative (G&A) expenses
    • Prepare written evaluations and recommendations regarding proposal cost estimates for management and stakeholders
    • Understand and implement Work Breakdown Structure (WBS) including sub-component and total product cost details.
  • Collaboration & Communication
    • Interview clients and team members and extract technical and programmatic information
    • Author and deliver clear, concise presentations to customers and stakeholders, defending analytical findings
    • Effectively communicate with technical and non-technical audiences, ensuring clarity, credibility, and ease of understanding across all levels of the organization
  • Continuous Improvement
    • Stay current with industry best practices, cost estimating methodologies, and relevant regulations
    • Contribute to process inprovements and knowledge sharing within the team

Qualifications

Minimum Qualifications:

  • Bachelor's Degree in Science, Math, Economics or related field, or at least 24 semesters hours in a combination of operations research, mathematics, probability, statistics, mathematical logic, science, or subject-matter courses requiring substantial competence in college-level mathematics or statistics, is required. At least 3 of the 24 semester hours must have been in calculus.
  • Minimum 1-2 years of relevant experience in cost analysis, financial modeling, or data analytics (internships or co-op experience may be considered)
  • Proficiency in Microsoft Excel, including advanced functions and modeling techniques
  • Strong analytical, problem-solving, and critical thinking skills
  • Excellent written and verbal communication skills
  • U.S. citizenship and ability to obtain a DoD Secret clearance
  • Ability to pass a background investigation

Preferred Qualifications:

  • Experience with Department of Defense (DoD) or federal cost estimating standards (e.g., ICEAA, GAO Cost Estimating Guide)
  • Prior experience supporting government acquisition or sustainment programs
  • Experience with data visualization tools (e.g., Tableau, Power BI)

Additional Skills and Attributes for Success:

  • Exceptional attention to detail and accuracy
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Adaptability and willingness to learn new tools, processes, and subject matter
  • Strong interpersonal skills and ability to work collaboratively in a team environment
  • Initiative and a proactive approach to problem-solving

#LI-PH1


Compensation Statement
At Sabre Systems, LLC, compensation is based on factors such as location, qualifications, experience, and contract-specific requirements; however, final compensation will be determined by individual qualifications and applicable contract terms. The general salary range for this position is as follows: $80,000.00 - $120,000.00
Refer & Earn: Employee Referral Bonus Eligibility
A Level 3 Employee Referral Bonus applies to this requisition for qualifying referrals. At Sabre Systems, we value great talent and encourage our employees to refer exceptional candidates. If you have any questions about the referral policy or this position, please contact the Recruiting team.
Sabre Overview

Sabre Systems, LLC, has been providing innovative technological solutions and services for Department of Defense, Federal Civilian, and commercial customers for more than 35 years. We support the ever-evolving areas of advanced communication technologies, cyber, systems and software engineering, and digital transformation.  

With over three decades in business, Sabre Systems, LLC remains committed to our small business values and a people-first philosophy. We foster a welcoming, inclusive culture that values diverse perspectives and encourages open communication. Our collaborative environment supports continuous learning and professional growth at all levels. We prioritize the health, well-being, and success of our employees, offering comprehensive, evolving benefits designed to meet their diverse needs. Join us and be part of a thriving, people-driven culture.

We respect the unique perspectives that a diverse workforce of minorities, women, individuals with disabilities, and protected veterans brings not only to our company, but also to our customers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity and sexual orientation), national origin, age, disability or genetic information.

 

EEO Minorities/Females/Disability/Veterans; VEVRAA Federal Contractor

Beware of employment scams—Sabre Systems will never request payment, extend offers without an interview, or contact you from an email that doesn’t end in @sabresystems.com; always apply directly at https://careers.sabresystems.com/. 

Qualifications:

Minimum Qualifications:

  • Bachelor's Degree in Science, Math, Economics or related field, or at least 24 semesters hours in a combination of operations research, mathematics, probability, statistics, mathematical logic, science, or subject-matter courses requiring substantial competence in college-level mathematics or statistics, is required. At least 3 of the 24 semester hours must have been in calculus.
  • Minimum 1-2 years of relevant experience in cost analysis, financial modeling, or data analytics (internships or co-op experience may be considered)
  • Proficiency in Microsoft Excel, including advanced functions and modeling techniques
  • Strong analytical, problem-solving, and critical thinking skills
  • Excellent written and verbal communication skills
  • U.S. citizenship and ability to obtain a DoD Secret clearance
  • Ability to pass a background investigation

Preferred Qualifications:

  • Experience with Department of Defense (DoD) or federal cost estimating standards (e.g., ICEAA, GAO Cost Estimating Guide)
  • Prior experience supporting government acquisition or sustainment programs
  • Experience with data visualization tools (e.g., Tableau, Power BI)

Additional Skills and Attributes for Success:

  • Exceptional attention to detail and accuracy
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Adaptability and willingness to learn new tools, processes, and subject matter
  • Strong interpersonal skills and ability to work collaboratively in a team environment
  • Initiative and a proactive approach to problem-solving

#LI-PH1

Education:UNAVAILABLEEmployment Type: FULL_TIME