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Senior Cost Manager Jobs in Indiana (NOW HIRING)

Elevance Health

Cost of Care Director

Indianapolis, IN · On-site

$109K - $195K/yr

Manages and presents cost of care projects to senior leadership including State Plan Presidents. * Serves on local and enterprise committees. * Plans, leads and oversees cost of care planning ...

Steak 'n Shake

Sr Manager Cost Accounting

Indianapolis, IN

$90K - $118K/yr

Corporate Accounting Job Title: Sr Manager Cost Accounting Function Understand the corporate mission and vision statements and within that framework provide a critical leadership role within the ...

Steak 'n Shake

Sr Manager Cost Accounting

Indianapolis, IN · On-site

$90K - $118K/yr

Corporate Accounting Job Title: Sr Manager Cost Accounting Function Understand the corporate mission and vision statements and within that framework provide a critical leadership role within the ...

CFS

Strategic Cost Accounting MGR

Fort Wayne, IN

$130K - $160K/yr

Seeking a Strategic Cost Accounting Manager Step into a highly visible leadership role where your ... and senior leadership teams. • Expand your influence beyond accounting by helping leadership ...

Linde Group

Cost Analyst

East Chicago, IN

Prepare and deliver concise presentations to senior management highlighting financial performance ... Build and maintain cost models to track performance against forecasts, prior results, and operating ...

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All JobsCost JobsSenior Cost Manager JobsSenior Cost Manager Jobs in Indiana

Senior Cost Manager information

See Indiana salary details

$37.1K

$101.8K

$139.9K

How much do senior cost manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for senior cost manager in Indiana is $101,824.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,100.00 and $115,600.00 per year, depending on experience, location, and employer.

What is a senior cost manager?

Senior Cost Managers are professionals who oversee and control the costs associated with large construction or infrastructure projects. They are responsible for budgeting, cost planning, risk management, procurement advice, and ensuring that projects are completed within financial constraints. Senior Cost Managers often lead teams, liaise with clients and contractors, and provide strategic advice to help maximize value for money throughout a project's lifecycle. Their expertise is crucial for minimizing financial risks and ensuring that projects are delivered on time and within budget.

What is the difference between Senior Cost Manager vs Cost Estimator?

AspectSenior Cost ManagerCost Estimator
CredentialsTypically requires a degree in construction management, finance, or related field; certifications like CPC or CCM are commonUsually holds a degree in engineering, construction, or related field; certifications like AACE Certified Estimator are advantageous
Work EnvironmentOversees project budgets, manages cost control teams, and collaborates with project managers in construction or engineering firmsPrepares detailed cost estimates for projects during planning, often working closely with engineers and project planners
Employer & Industry UsageCommonly employed in construction, engineering, and infrastructure projectsPrimarily used in construction, manufacturing, and engineering sectors for project planning

The main difference is that a Senior Cost Manager oversees overall project costs and manages teams, while a Cost Estimator focuses on preparing detailed cost estimates during project planning. Both roles require related credentials and work within similar industries, but their responsibilities differ in scope and focus.

What are the key skills and qualifications needed to thrive as a senior cost manager, and why are they important?

To thrive as a Senior Cost Manager, you need expertise in cost estimation, budgeting, financial analysis, and typically a degree in quantity surveying, construction management, or a related field. Proficiency with cost management software like CostX, MS Excel, and familiarity with industry standards such as RICS or AACE certification is highly valued. Exceptional negotiation, leadership, and communication skills help manage teams and collaborate with clients and contractors effectively. These competencies ensure projects remain within budget, risks are minimized, and client expectations are consistently met.

What are some common challenges faced by senior cost managers when overseeing large-scale construction projects?

Senior Cost Managers often encounter challenges such as managing budget fluctuations due to market volatility, coordinating with multiple stakeholders to ensure accurate cost forecasting, and maintaining project timelines while controlling expenses. They must also address unexpected changes in project scope and ensure compliance with contractual and regulatory requirements. Strong communication and negotiation skills are essential, as the role involves frequent collaboration with clients, contractors, and design teams to achieve cost-effective project outcomes.
What are popular job titles related to Senior Cost Manager jobs in Indiana? For Senior Cost Manager jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Senior Cost Manager jobs in Indiana look for? The top searched job categories for Senior Cost Manager jobs in Indiana are:
Senior Cost Manager jobs near you
Infographic showing various Senior Cost Manager job openings in Indiana as of August 2026, with employment types broken down into 97% Full Time, and 3% Contract. Highlights an 85% In-person, 6% Hybrid, and 9% Remote job distribution, with an average salary of $101,824 per year, or $49 per hour.

Cost Manager - Portage, IN

Scrap Metal Services, LLC

Portage, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago

Job description

Cost Manager
Role: The Company is looking to hire a business leader to fill growth needs of the Finance team. Directly reporting to the Chief Financial Officer, this role will serve as financial support for the operations of a $150M global industrial services organization.
Responsibilities:
  • General financial support to one of the Regional Operational Directors.
  • Analyze financial performance and communicate to Operations and Senior Management; interpret financial results for users who must make economic or business decisions.
  • Design, build, and maintain detailed internal reporting to drive business awareness across global operations.
  • Own the quarterly forecast and annual budget process for the Region.
  • Develop and implement KPIs and dashboards for Operations support.
  • Working closely with Operations leaders, develop weekly forecasts and lead weekly forecast calls and communicate variance analysis.
  • Develop standardized monthly financial reporting for monthly Operations Reviews.
  • Build out new processes and procedures to improve efficiencies across the organization.
  • Identify financial improvement opportunities and collaborate with Operations on remediation plans.
  • Track financial impact of new initiatives, and ensure proper recording of Capex and Depreciation by site.
  • Implement ROI analysis/process:
    • New product/service ROIs; review actual performance vs ROI
    • Creation of AFI's (Authority for investment) to support CAPEX including justification and ROI calculations
  • Analyze potential acquisition target companies' financial performance and support due diligence efforts.
  • Support the month-end and year-end accounting close activities ensuring accurate and complete site and regional profit and loss.
  • Collaborate and communicate with all levels of the organization, including other analysts, operational managers, and the executive team.

Requirements:
  • Bachelor's degree in Accounting or Finance
  • Must be prepared to learn this business spending time working with operations in a heavy industrial business
  • Experience in heavy industry
  • CPA, MBA not required but would be a plus
  • 5-7 years' experience in finance or accounting with at least 3 years in a financial planning role
  • Advanced Excel, Power Points and 3-statement financial modeling skills required
  • Analytical with strong IT skills specifically in ERP and related reporting/business intelligence systems
  • Demonstrated experience supporting industrial services, manufacturing facilities and operations
  • Ability to travel 25% to company locations

Physical Demands
Ability to walk more than 100 yards; stand as needed; lift and carry no more than 30 lbs.; climb stairs and/or ladders; stooping; crawling; reaching; handling; pushing; pulling; twisting; kneeling; squatting; seeing; speaking; hearing; problem solving, discretion and independent judgment; regular and dependable attendance.
Working Conditions
Generally working within a professional office environment using electronic and other company resources as essential tools to complete required work; travel to supplier and/or internal customer locations will be required.
What we can Offer:
  • A comprehensive compensation package to commensurate with experience including bonuses
  • Benefits include Medical, Dental, Vision, company-paid life insurance, etc. offered on day 1!
  • 401(k) with 4% matching, 100% vested as of first contribution
  • Paid holidays, 4 weeks paid vacation
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Opportunity to grow within maintenance management
    SMS Mill Services, LLC is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, veteran status, or any other protected characteristic as outlined by federal, state, or local laws.
    This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. SMS Mill Services, LLC makes hiring decisions based solely on qualifications, merit, and business needs at the time.

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