Cost Analyst Jobs in Arizona
Cost Analyst jobs in Arizona are in steady demand, with openings concentrated in defense contracting, semiconductor manufacturing, healthcare systems, and construction, and roles available from entry-level financial analysts through senior cost managers. The heaviest hiring activity sits in Phoenix, Tucson, and the East Valley corridor, where employers such as Raytheon Technologies, Intel, and Banner Health maintain large operations requiring ongoing cost analysis support. The most sought-after specialties include manufacturing cost accounting, government contract cost analysis, and project-based cost estimation tied to Arizona's active construction and infrastructure sectors. Find a role that fits below and apply directly.
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Date Posted:
2026-10-08Country:
United States of AmericaLocation:
US-AZ-TUCSON-808 ~ 1151 E Hermans Rd ~ BLDG 808Position Role Type:
HybridU.S. Citizen, U.S. Person, or Immigration Status Requirements:
The ability to obtain and maintain a U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearanceSecurity Clearance Type:
DoD Clearance: SecretSecurity Clearance Status:
Active and existing security clearance required after day 1At 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.
The Operations and Supply Chain (OSC) Finance Organization is seeking an energetic, curious, and highly motivated Program Cost Controls Analyst (P3) to support the Naval Standard Missile Systems (NSMS) portfolio within the Naval Power Strategic Business Unit. This is a high-impact, high-visibility role where you will work closely with the Business Office, Program Management, and key operations partners across multiple contracts.
If you're looking to broaden your understanding of production finance, deepen your program-facing experience, and contribute directly to mission-critical outcomes, this role offers a unique opportunity to do exactly that.
This role gives you direct access to production operations, program leadership, and cross-functional teams - making it an excellent opportunity to strengthen your financial technical depth, leadership presence, and holistic business acumen.
What You Will Do
- Lead creation and analysis of quarterly Estimates at Complete (EAC), including cost, risk, and opportunity assessments
- Deliver cost, schedule, and funding insights to OSC leaders using standard company tools and processes
- Prepare program financial forecasts, monitor actuals, and explain variances clearly and confidently
- Oversee weekly, monthly, and quarterly cost accumulation and reporting
- Drive and support cost-reduction initiatives using your manufacturing and functional knowledge
- Assist in developing cost estimates for new business proposals
- Serve as a key contributor in factory and program business management activities
- Enhance and streamline reporting tools and special projects to boost efficiency
- Maintain control account structures within a manufacturing-based finance environment
Qualifications You Must Have
- Typically requires: A University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience
- Experience with analysis tools such as APEX and PRISM
- Experience in business management or finance
- Experience in the use of Microsoft Operating Systems and all Microsoft 365 Office tools, with particular emphasis on Microsoft Excel
- The ability to obtain and maintain a U.S. government issued Secret security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance
Qualifications We Prefer
- Confidence presenting to leadership, even when delivering tough messages
- Strong EAC experience
- Ability to quickly learn advanced planning skills in a fast-paced, multi-tasking environment
- Strong communication and leadership capability
- Experience in factory or production environments
- Understanding of cost allocation across bases, organizations, or products
- Demonstrated problem-solving skills that connect production realities with financial commitments
- 2+ years independently developing and maintaining financial and performance reporting
- Strong Microsoft 365 skills, especially Excel
- 2+ years supporting production or schedule-driven environments
- Ability to articulate P&L concepts and connect contract structure to cost analysis
What We Offer
- Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.
- Relocation assistance available, provided final candidate meets eligibility requirements
Learn More & Apply Now!
- Please consider the following role type definition as you apply for this role. 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.
- For onsite and hybrid roles, commuting to and from the assigned site is the employee's personal responsibility.
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 86,800 USD - 165,200 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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See All 6 Cost Analyst Jobs in Arizona
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Find Cost Analyst JobsCost Analyst Jobs by City in Arizona
Where Arizona roles are concentrated, by current openings.
Cost Analyst Job Market in Arizona
A snapshot from current Arizona openings, updated as new roles post.
Who's Hiring

What Arizona Employers Look For
The qualifications that appear most often in cost analyst jobs across Arizona.
- Bachelor's degree in accounting, finance, or a related business field
- Proficiency in cost accounting methods including standard and activity-based costing
- Experience with ERP systems such as SAP, Oracle, or Microsoft Dynamics
- CPA credential or active progress toward CMA certification strongly preferred
- Ability to analyze manufacturing or project variances and present findings clearly
- Familiarity with government contract cost principles preferred for defense-sector roles
Cost Analyst Jobs in Arizona: Frequently Asked Questions
How do you become a cost analyst in Arizona?
Most cost analyst roles in Arizona require a bachelor's degree in accounting, finance, or business administration as the foundation. Arizona does not require a state-issued license to work as a cost analyst, but earning the Certified Management Accountant credential through IMA or pursuing CPA licensure through the Arizona State Board of Accountancy meaningfully strengthens your candidacy, particularly in manufacturing, defense contracting, and healthcare, which are the dominant sectors hiring for this role in the state.
Which companies hire cost analysts in Arizona?
Employers hiring cost analysts in Arizona right now include Raytheon, based on current listings on Migrate Mate as of November 2026. Arizona's large defense, semiconductor, and healthcare sectors generate consistent demand, meaning established companies with multi-year government contracts or large production facilities tend to post the most openings on an ongoing basis.
Which Arizona cities have the most cost analyst jobs?
Tucson account for the largest share of cost analyst openings in Arizona. Phoenix and its East Valley suburbs anchor demand through a dense concentration of semiconductor manufacturers, defense contractors, and hospital systems, while Tucson's job distribution is driven primarily by Raytheon Technologies, the University of Arizona Health Network, and supporting aerospace suppliers clustered near Davis-Monthan Air Force Base.
Are there remote cost analyst jobs in Arizona?
Yes, and more than most fields. Cost analysis is largely desk-based and data-driven, making it well-suited to remote and hybrid arrangements. About 50% of cost analyst openings tied to Arizona are remote or hybrid as of November 2026, reflecting how broadly the role has shifted away from requiring daily on-site presence. The tasks most commonly performed remotely include variance reporting, budget modeling, and financial close activities.
How can I get hired as a cost analyst in Arizona with little or no experience?
The most realistic entry path is through a junior financial analyst or accounts payable role at a mid-size Arizona manufacturer or hospital system, where cost tracking responsibilities are built into the position from day one. Large Arizona employers such as Intel, Honeywell, and Banner Health run structured rotational finance programs and new-graduate hiring pipelines that place candidates without direct cost analyst experience into analytical support roles. Earning the CMA or completing coursework in cost accounting through Arizona State University or the University of Arizona also signals readiness to employers who hire for potential over direct experience.
Where can I find and apply to cost analyst jobs in Arizona?
You can find and apply to cost analyst jobs in Arizona on Migrate Mate, which lists current Arizona openings updated regularly. Find the roles that fit your background and apply directly to each one.
See All 6 Cost Analyst Jobs in Arizona
Find roles in Arizona that match your experience and apply in just a few clicks.
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