Entry Level Cost Analyst Jobs
New grad cost analyst jobs attract recent graduates and entry level candidates with zero to two years of experience, where strong internship work or a portfolio of cost modeling projects can matter more than a long resume. Most openings are on-site roles across Food & Beverage, Consulting & Professional Services, and Education, with employers like Northrop Grumman, AECOM, and PepsiCo hiring at this level now.
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Location
SAINT LOUIS, MO 63112Scheduled Hours
40Position Summary
The Indirect Cost Analyst oversees the financial monitoring, compliance, and reporting for the University’s recharge centers. This role ensures adherence to Uniform Guidance and institutional policies through robust financial analysis, key control documentation, and the development of administrator training programs. The position balances central area oversight with a strong customer-service focus.Job Description
Primary Duties & Responsibilities:
- Serving as the university-wide Subject Matter Expert over recharge centers and specialized service facilities (SSF), execute ongoing monitoring procedures to ensure strict compliance with Uniform Guidance (UG) and university policies. Apply an inquisitive analytical mindset to critically evaluate departmentally submitted data, including mid-year/year-end financial statements and charge rate structures.
- Coordinate directly with auditors for the annual Uniform Guidance audit and partner with departments to evaluate and establish new centers. Design and deliver comprehensive training programs for department administrators regarding recharge center and SSF policies. Conceptualize and develop new training frameworks and educational materials, with the future goal of establishing online learning options. Additionally, modernize communication by building out departmental website materials, translating complex regulations into accessible campus resources, user-friendly guides, and comprehensive FAQs.
- Cultivate strong, collaborative working relationships with departmental administrators, managers, directors, and faculty, etc. across the university. Balancing rigorous oversight with a dedicated customer-service approach, act as an accessible advisor providing clear fiscal guidance, resolving complex rate-setting queries, and help departments constructively navigate compliance requirements.
- Develop, document, and maintain the Cost Analysis department's key internal controls, monitoring compliance throughout the year. The position continuously identifies opportunities to streamline rate-review workflows and improve internal monitoring procedures.
- Prepare ad-hoc financial analyses and executing special projects as requested by leadership. Perform other duties as required.
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Working Conditions:
Job Location/Working Conditions
Physical Effort
Equipment
- Office Equipment
Required Qualifications
Education:
Bachelor's degree
Certifications /Professional Licenses :
Work Experience:
Skills:
Driver's License:
More About This Job
Required Qualifications:
- Bachelor's degree in accounting, finance, or related field.
- Two or more years of experience in a public accounting firm or equivalent experience in a general accounting or financial reporting position.
Preferred Qualifications:
- Demonstrated knowledge of GAAP, federal Uniform Guidance, and internal controls.
- Prior experience in a university or non-profit environment.
- University Facilities and Administrative Cost Analysis.
- Financial Statement Analysis, Valuation, and Financial Modeling.
Preferred Qualifications
Education:
M.B.A. - Master of Business Administration
Certifications /Professional Licenses :
Work Experience:
Skills:
Accounting, Communication, Computer Literacy, Confidentiality, Cost Analysis, Database Management System Software, Deadline Management, Generally Accepted Accounting Principles (GAAP), High Reliability, Internal Controls, Problem Solving, Relationship Building, Self Motivation, Service Oriented, Spreadsheets, Stress Management, Teamwork, Word Proccessing, Written CommunicationGrade
G12Salary Range
$58,400.00 - $99,700.00 / Annually The salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.Questions
For frequently asked questions about the application process, please refer to our External Applicant FAQ .
Accommodation
If you are unable to use our online application system and would like an accommodation, please email CandidateQuestions@wustl.edu or call the dedicated accommodation inquiry number at 314-935-1149 and leave a voicemail with the nature of your request.
All qualified individuals must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.Pre-Employment Screening
All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.Benefits Statement
Personal
Up to 22 days of vacation, 10 recognized holidays, and sick time.
Competitive health insurance packages with priority appointments and lower copays/coinsurance.
Take advantage of our free Metro transit U-Pass for eligible employees.
WashU provides eligible employees with a defined contribution (403(b)) Retirement Savings Plan, which combines employee contributions and university contributions starting at 7%.
Wellness
Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, access to dietitians, and more!
Family
We offer 4 weeks of caregiver leave to bond with your new child. Family care resources are also available for your continued childcare needs. Need adult care? We’ve got you covered.
WashU covers the cost of tuition for you and your family, including dependent undergraduate-level college tuition up to 100% at WashU and 40% elsewhere after seven years with us.
For policies, detailed benefits, and eligibility, please visit: https://hr.wustl.edu/benefits/
EEO Statement
Washington University in St. Louis is committed to the principles and practices of equal employment opportunity. It is the University’s policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, citizenship (where prohibited by federal law), age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.See All 10 Entry Level Cost Analyst Jobs
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Who's Hiring



Top Industries Hiring
- Food & Beverage
- Consulting & Professional Services
- Education
- Automotive
- Manufacturing
Entry Level Cost Analyst Jobs: Frequently Asked Questions
How do I get an entry level cost analyst job?
Entry level cost analyst roles favor candidates who can demonstrate hands-on experience with spreadsheets, cost modeling, or variance analysis, even from coursework or internships. A degree in accounting, finance, or business is the most common baseline. Highlighting specific tools like Excel, SAP, or ERP systems on your resume and showing a working knowledge of cost accounting principles gives you a clear edge at this stage.
Which companies hire entry level cost analysts?
Companies hiring entry level cost analysts right now include Northrop Grumman, AECOM, and PepsiCo, based on current listings on Migrate Mate as of August 2026. Hiring at this level covers manufacturers, defense contractors, healthcare systems, and logistics companies that rely on ongoing cost tracking and budget analysis.
Are there remote entry level cost analyst jobs?
Yes, though on-site roles still dominate at the entry level. About 50% of entry level cost analyst openings are remote or hybrid as of August 2026, concentrated mainly in finance, consulting, and technology sectors where collaborative tools make distributed work practical for junior analysts.
Are these new grad cost analyst jobs?
Yes, these listings include new grad, recent graduate, and junior cost analyst roles. A posting is new-grad friendly when it welcomes zero to two years of experience, counts internships or co-ops toward the requirement, or accepts a strong academic project or portfolio in place of full-time work history. Searching for "junior" or "new grad" alongside "cost analyst" surfaces these openings most reliably.
Which industries hire the most entry level cost analysts?
Entry level cost analyst roles concentrate in Food & Beverage, Consulting & Professional Services, and Education, based on current listings on Migrate Mate as of August 2026. Those sectors drive hiring at this level because they run high-volume purchasing, complex supply chains, or tight regulatory cost controls that require dedicated analysts even at the junior stage.