Cost Analyst Resume Example & Writing Guide

Use this Cost Analyst resume example and guide to improve your career and write a powerful resume that will separate you from the competition.

Cost analysts are responsible for helping organizations understand and manage their costs. They conduct research, analyze data, and create reports that help organizations make important financial decisions.

To succeed in this role, you need to be able to think critically about your company’s operations and identify areas for improvement. You need to understand how costs are created, how they’re allocated across departments or divisions, and how they impact the bottom line. You also need to have strong communication skills—both verbal and written—to share your findings with stakeholders across the organization.

Here are some tips and an example to help you write a compelling cost analyst resume that hiring managers will love.

David Moore
Los Angeles, CA | (123) 456-7891 | [email protected]

Driven cost analyst with experience in strategic sourcing, contract negotiations, and financial analysis. Proven ability to reduce costs while maintaining quality and meeting deadlines. Excels at collaborating with cross-functional teams to achieve objectives.

California State University, East Bay Jun '10
B.S. in Business Administration
Company A, Cost Analyst Jan '17 – Current
  • Collaborated with the project management team to develop and maintain a detailed schedule for projects, including milestones, dependencies, resource requirements, and risks.
  • Analyzed costs of new products or services against projected revenue streams to ensure that all expenditures are justified by future revenues.
  • Developed financial models using Microsoft Excel to analyze business decisions such as pricing strategies, capital investments, etc., in order to determine their impact on profitability.
  • Assisted with developing budgets for departments within the company based on current performance trends and future growth projections.
  • Provided support during monthly budget reviews with various department heads regarding variances from prior periods and reasons for any deviations from original plans.
Company B, Cost Analyst Jan '12 – Dec '16
  • Worked with management team to develop a cost-reduction plan that reduced operating costs by 10% over 3 years
  • Conducted regular audits of vendor contracts and negotiated better terms for the company, saving $50K annually
  • Analyzed labor costs and developed strategies to reduce overtime while maintaining productivity levels at 85%
  • Developed new process for tracking employee time sheets, reducing payroll errors by 95%
  • Created monthly reports on project status, budgeting and resource allocation for upper management review
Company C, Accounts Payable Clerk Jan '09 – Dec '11
  • Processed incoming payments, invoices and tracking numbers for accuracy in accordance with company procedures.
  • Updated customer account information to reflect current payment status, late fee charges and any other pertinent data using Oracle EBS software.
  • Maintained detailed records of all payment processing activity including invoice number, date paid and purpose of each transaction.
  • Certified Cost Estimator
  • Certified Professional in Supply Management (CPSM)
  • Certified in Advanced Pricing Strategy

Industry Knowledge: Business Intelligence, Budgeting, Financial Modeling, Financial Statements, Revenue Recognition
Technical Skills: Microsoft Office Suite, Access, Excel, Tableau
Soft Skills: Communication, Teamwork, Problem Solving, Time Management, Critical Thinking, Leadership

How to Write a Cost Analyst Resume

Here’s how to write a cost analyst resume of your own.

Write Compelling Bullet Points

Bullet points are the most important part of your resume because they’re the first thing recruiters and hiring managers will read. And if they’re not interesting or compelling, they’ll quickly move on to the next resume.

So it’s crucial that you use bullet points to showcase your experience, skills, and accomplishments. And the best way to do that is by using specific numbers and metrics whenever possible.

For example, rather than saying you “managed budgets for large-scale projects,” you could say you “managed budgets for $10M+ large-scale projects, reducing costs by 15% while maintaining quality of work.”

The second bullet point is much more interesting and provides a lot more detail about what you did and the results of your work.

Identify and Include Relevant Keywords

When you submit your resume for a job, it usually goes through an applicant tracking system (ATS). This system will scan your resume for certain keywords related to the job opening. If your resume doesn’t include enough of the right terms, the ATS might disqualify you from the pool of candidates.

Because every job is different, it can be hard to know which keywords are most relevant for each position. But here are some commonly used keywords for cost analyst positions:

  • Cost Analysis
  • Construction
  • Cost Engineering
  • Microsoft Access
  • Contract Management
  • Cost Control
  • Construction Management
  • Project Estimation
  • Procurement
  • Value Engineering
  • Strategic Planning
  • Leadership
  • Project Planning
  • Budgeting
  • Negotiation
  • Team Leadership
  • Customer Service
  • Contract Negotiation
  • Business Strategy
  • Oil & Gas
  • SAP Products
  • Project Management
  • Business Planning
  • Teamwork
  • Continuous Improvement
  • Manufacturing
  • 5S
  • Financial Analysis
  • Enterprise Resource Planning (ERP)
  • Lean Manufacturing

Showcase Your Technical Skills

As a cost analyst, you are responsible for gathering data, analyzing it, and preparing reports. In order to do this effectively, you need to be proficient in the use of certain programs and systems.

Some of the programs and systems that cost analysts typically use include: Microsoft Excel, Access, and Project; ERP systems such as Oracle, SAP, and PeopleSoft; and statistical analysis software such as SAS and SPSS. Additionally, cost analysts should be familiar with accounting principles and practices.


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