Cost Analyst Jobs
Cost Analyst jobs are open across manufacturing, defense, healthcare, financial services, and government contracting, from entry-level to senior and manager, with specializations in cost accounting, variance analysis, and program cost control. Find a role that fits from the openings below and apply directly.
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Date Posted:
2026-09-16Country:
United States of AmericaLocation:
US-TX-MCKINNEY-513WC ~ 2501 W University Dr ~ WING C BLDGPosition Role Type:
HybridU.S. Citizen, U.S. Person, or Immigration Status Requirements:
U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.Security Clearance Type:
None/Not RequiredSecurity Clearance Status:
Not RequiredAt RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.
Raytheon brings the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.
Radio Frequency Solutions (RFS), a mission area within Advanced Products & Solutions (APS), is seeking a Sr Analyst, Program Cost Controls to support the Surveillance and Tactical Advanced Radar Solutions (STARS) team. The position supports the MSR product line, including production and spare programs with multiple end-users.
The position is responsible for financial forecasting and reporting, variance analysis, Estimates at Completion (EACs), Latest Revised Estimates (LREs), proposal support, and cash management. The position supports an onsite functional team and provides financial analysis and recommendations related to program execution, financial performance, and forecasts.
What You Will Do:
- Lead and support monthly financial planning, forecasting, and close activities using RPLAN.
- Prepare and maintain Quarterly Estimates at Completion (EACs) and monthly Latest Revised Estimates (LREs).
- Analyze forecast commitments, financial risks, and opportunities and communicate results to program teams and senior leadership.
- Prepare weekly, monthly, and quarterly variance analyses, including identification of trends, cost drivers, and variances to plan or forecast.
- Perform cost, schedule, and financial reporting activities, including funding analysis, funding tracking, forecasting, and reporting using established enterprise tools and processes.
- Review and validate EAC inputs, financial presentations, and proposal materials for accuracy, completeness, and consistency with approved financial baselines.
- Perform PRISM and material financial analysis, including MRP updates and analysis of grouping, pegging, and distribution impacts.
- Analyze material costs and related financial data to support end-to-end material cost reporting.
- Coordinate with Program Management, Contracts, Operations, Engineering, and other functional organizations to obtain and validate financial and operational information.
- Prepare financial analysis, reports, presentations, and recommendations for program leadership.
- Support proposal activities through financial analysis, cost data review, and preparation of required financial materials.
- Support program cash management activities, including analysis, tracking, forecasting, and reporting.
Qualifications You Must Have:
- Typically requires a Bachelor’s degree in Finance, Accounting, Business, Economics, or a related discipline and a minimum of 2 years of relevant experience; or an advanced degree in a related discipline and less than 2 years of applicable experience.
- Experience using Microsoft Excel for financial analysis and reporting, including PivotTables, advanced formulas, and data analysis.
- Experience using Microsoft PowerPoint and Word to prepare financial reports, presentations, and business documentation.
- U.S. citizenship is required because only U.S. citizens are eligible for U.S. Government security clearance access.
Qualifications We Prefer:
- Experience using SAP, APEX EV, Business Warehouse (BW), RPLAN, PRISM, or comparable enterprise financial systems.
- Experience working with cross-functional organizations, including Contracts, Operations, Engineering, Program Management, or Finance.
- Experience analyzing financial and operational data to evaluate program or portfolio performance, identify variances, and support corrective actions.
- Experience managing multiple assignments, priorities, and reporting requirements within established deadlines.
- Experience working in a matrixed organizational structure.
- Experience with Government Contracting (GovCon) or Defense industry financial processes.
- Experience presenting financial or program information to management.
- Experience with government accounting requirements.
- Experience with Sarbanes-Oxley (SOX) compliance requirements.
- Experience supporting domestic and international financial operations.
- Experience analyzing large financial datasets using Excel, enterprise financial systems, business intelligence tools, or comparable data analysis applications.
- Experience with Financial Planning & Analysis (FP&A), including financial forecasting, variance analysis, budgeting, and financial reporting.
- Experience preparing EACs and LREs.
- Experience with cost, schedule, and financial analysis.
- Experience with material cost analysis, MRP, grouping, pegging, and distribution.
- Experience supporting proposal financial analysis and pricing activities.
- Experience with program cash management, including cash forecasting and reporting.
- Experience preparing and delivering financial briefings, reports, and summaries to senior leadership.
- Experience communicating financial results, trends, variances, risks, and opportunities to internal and external stakeholders.
What We Offer:
- Whether you’re just starting out on your career journey or are an experienced professional, we offer a total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement, and work/life benefits; career development and recognition programs.
- Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance, and child/adult backup care.
Learn More & Apply Now!
- Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.
- Clearance Information: Clearance Information: This position requires security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm
As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.
The salary range for this role is 68,900 USD - 131,100 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills. Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement. Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance. This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply. RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.
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Cost Analyst Jobs by Experience Level
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Find Cost Analyst JobsCost Analyst Job Market
Who's Hiring
- Northrop Grumman69

- Augmentis33A
- Raytheon24

- Turner & Townsend Pty Limited15

- Booz Allen Hamilton7

Top Industries Hiring
- Technology & Software
- Consulting & Professional Services
- Chemicals & Materials
- Automotive
- Manufacturing
What Employers Look For
The qualifications that appear most often in cost analyst jobs.
- Bachelor's degree in accounting, finance, or a related quantitative field
- Proficiency in cost accounting methods including standard costing and variance analysis
- Experience with ERP systems such as SAP, Oracle, or Deltek Costpoint
- Advanced Excel skills including financial modeling and data analysis
- Knowledge of FAR, DCAA, or government contracting cost principles preferred for defense roles
- CPA, CMA, or CCEA certification preferred for mid-level and senior positions
Tips for Your Cost Analyst Job Search
Quantify variance findings on your resume
Cost analyst resumes that land interviews show specific variance results you identified and what corrective action followed. Avoid vague phrases like 'supported cost reduction.' Write what you found, how much it was off, and what changed because of your analysis.
Highlight ERP and cost accounting software
Recruiters filter cost analyst applicants by system experience. Call out SAP, Oracle, Costpoint, or Hyperion by name in your skills section. If you've built cost models in Excel, note whether they used Power Query, pivot tables, or macro automation.
Target openings by contract type or industry
Cost analyst roles in government contracting require FAR and DCAA compliance knowledge, while manufacturing roles lean on standard costing and BOM analysis. Applying to roles that match your industry background dramatically improves your callback rate.
Apply early to roles that fit
Migrate Mate lists cost analyst openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Prepare to walk through a cost build in interviews
Cost analyst interviews often include a live or take-home exercise where you build or review a cost model. Practice explaining your assumptions out loud, especially how you handle overhead allocation, escalation rates, and data gaps, before your first interview.
Negotiate using total compensation, not base alone
Cost analyst offers often include performance bonuses tied to savings targets or project outcomes. Before you respond to an offer, confirm whether the bonus is discretionary or formula-based and ask how it has paid out in recent years.
Cost Analyst Jobs: Frequently Asked Questions
Which companies are hiring the most cost analysts?
The companies hiring the most cost analysts right now include Northrop Grumman, Augmentis, and Raytheon, with the largest share of openings in California, Texas, and Virginia, based on current listings on Migrate Mate as of September 2026. Defense contractors, large manufacturers, and healthcare systems consistently maintain the highest volume of cost analyst openings.
How many cost analyst jobs are remote?
About 51% of cost analyst openings are fully remote or hybrid as of September 2026, though availability varies by industry and employer. Cost analysts working in financial planning, budgeting, and software-based cost modeling tend to have the most remote flexibility, while those supporting manufacturing plants or government contract sites are more likely to be on-site.
How do you become a cost analyst?
You become a cost analyst by earning a bachelor's degree in accounting, finance, or a related field, then building hands-on experience with cost accounting, budgeting, or financial analysis in an entry-level role. Learning ERP systems and Excel modeling strengthens your candidacy. Pursuing a CMA or CPA credential opens paths to senior positions in manufacturing, defense, and corporate finance.
Can you get hired as a cost analyst without direct experience?
Yes, you can get hired as a cost analyst without direct experience if you can demonstrate adjacent skills from accounting, auditing, financial analysis, or supply chain roles. Employers hiring junior cost analysts look for familiarity with variance analysis, cost allocation concepts, and Excel. Internships, coursework in managerial accounting, and any exposure to ERP data entry all strengthen an entry-level application.
What does the cost analyst interview process look like?
The cost analyst interview process typically involves an initial phone screen with a recruiter, followed by a technical interview where you walk through your experience with cost models, variance analysis, and systems. Many employers include a case study or take-home exercise requiring you to analyze a cost dataset or build a simple model. A final round with a finance manager or controller is common before an offer.
Where can I find and apply to cost analyst jobs?
You can find and apply to cost analyst jobs on Migrate Mate, which lists current openings from across the United States. Search the listings to find roles that match your experience, industry background, and location preferences, then apply directly to each one that fits.
See All 423+ Cost Analyst Jobs
Find roles that match your experience and apply in just a few clicks.
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