Cost analysts study corporate expenses and create reports for management. One common industry for cost analysts is manufacturing where they are needed to audit production costs.
Similar job titles are cost specialist and cost accountant.
The primary duty of a cost analyst is to gather financial data (e.g. inventory purchases, labor costs) and analyze it to uncover inefficiencies. They may estimate production costs and track the changes in regular costs (e.g. due to new products and new processes).
We are looking for a cost analyst to help us audit our expenses and find ways to make our operations more cost-efficient.
You’ll be the go-to person for cost analysis and you’ll get to prepare reports to help management make better decisions. To do this job well, we’d like you to be well-versed in data and financial analysis, and have strong attention to detail.
Ultimately, your job will be an integral part of our efforts to ensure profitability and business success.