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 Automotive, Manufacturing, and Food & Beverage, with employers like PepsiCo, Faurecia, and K&K Technical hiring at this level now.
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Cost Analyst – Construction Cost Planning & Estimating
Location: San Antonio, TX
Schedule: Monday–Friday, 40 hours/week
Travel: Approximately 5%
Overtime: Approximately 10%
Education: Associate/Technical Degree or higher
Position Summary
We are seeking an experienced Cost Analyst to support construction and facility-related projects in a manufacturing environment. This position will focus on cost estimating, quantity takeoffs, project budgeting, cost control, earned value, change orders, procurement support, and project financial closeout.
The ideal candidate will have strong construction estimating and cost-control experience and be comfortable reviewing engineering drawings, contractor proposals, project budgets, payment applications, and field progress.
Key Responsibilities
- Prepare conceptual, schematic, and detailed design-phase cost estimates and establish project baseline budgets and Cost Breakdown Structures (CBS).
- Perform detailed quantity takeoffs (QTO) using architectural and engineering drawings, specifications, and BIM models.
- Lead Value Engineering (VE) reviews to identify cost-saving opportunities while maintaining design intent and structural integrity.
- Track project expenditures, committed costs, and work-in-place.
- Utilize Earned Value Management (EVM) to evaluate project performance, including Estimate at Completion (EAC) and Variance at Completion (VAC).
- Develop and maintain monthly cash-flow forecasts and draw schedules.
- Review, audit, negotiate, and validate subcontractor change orders against contract allowances and market pricing.
- Assist procurement with development of scope packages and evaluation of contractor bids.
- Perform financial risk assessments of major vendors and subcontractors.
- Review contractor G702/G703 payment applications and lien waivers against verified field progress.
- Support project closeout through final financial reconciliations, contingency settlement, and subcontractor account audits.
Ideal Background
Candidates should have experience in several of the following areas:
- Construction estimating and cost analysis
- Quantity takeoffs
- Construction/project budgeting
- Cost controls
- Earned Value Management
- EAC/VAC forecasting
- Change-order review and negotiation
- Contractor/subcontractor bid analysis
- G702/G703 pay applications
- Construction drawings and specifications
- BIM-based estimating
- Value engineering
- Procurement and vendor cost analysis
- Project financial closeout
The position is based San Antonio, with approximately 5% travel
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Top Industries Hiring
- Automotive
- Manufacturing
- Food & Beverage
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 PepsiCo, Faurecia, and K&K Technical, based on current listings on Migrate Mate as of September 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 September 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 Automotive, Manufacturing, and Food & Beverage, based on current listings on Migrate Mate as of September 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.