Cost Analyst II provides cost analysis results to assist management in decision making or other financial initiatives. Performs variance analysis between actual and standard costs. Being a Cost Analyst II monitors, analyzes, and reports on inventory valuation, production, and various other costs. Typically requires a bachelor's degree or its equivalent. Additionally, Cost Analyst II typically reports to a Manager. The Cost Analyst II has exposure to some of the more complex tasks within the job function. Some supervision in several aspects of the work required. To be a Cost Analyst II typically requires 2 to 4 years of related experience.