A Cost Accountant earns an average salary of $50,235 per year. People in this job generally don't have more than 20 years' experience. A skill in Financial Analysis is associated with high pay for this job.
Cost Accountant Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$36,860 - $67,302
(Median)
37K
43K
50K
59K
67K
MEDIAN: $50,234
10%
25%
50%
75%
90%
Add this chart to your site
Cost Accountant Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$13.65 - $26.67
(Median)
14
18
22
27
MEDIAN: $17.00
10%
50%
75%
90%
Add this chart to your site

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23K$46K$69K
Salary
$36,860 - $67,302  
   
Bonus
$0.00 - $5,739  
Profit Sharing
$37.50 - $5,082  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,052 - $68,872  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 1,856
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$13.65 - $26.67  
   
Overtime
$20.13 - $39.43  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $5,739  
   
Profit Sharing
$37.50 - $5,082  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,052 - $68,872  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 1,856
Is Cost Accountant your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

Cost Accountant Job Listings

Search for more jobs:
job title / company
location
Job Description for Cost Accountant
A Cost Accountant is responsible for informing and advising management on the cost effectiveness of a given business strategy or course of action for the company. In order to accomplish this, a cost accountant will review data from monthly and quarterly ledgers, coordinate and record inventory and its costs, and keep tabs on account practices and regulations to make sure the company remains in compliance. Cost accountants will also manage the timetable of financial audits. The typical cost accountant job requires a Bachelor's degree in Accounting and strong organizational skills. A comprehensive knowledge of Microsoft Excel is also highly preferred. As for intangible skills, cost accountants need to be able to communicate their findings and suggestions effectively. This may require elements of teaching ability when explaining complex finances and conclusions to management that may not have a financial or accounting background. As one would suspect, most of the workload of the cost accountant is mental in nature. The only physical requirements include being able to type on a keyboard for long stretches or being able to sit all day. Like other accountants, the work takes place in an office environment and features extended computer use with occasional meetings. Work hours are also typical for a “nine-to-five” job; however, overtime and occasional weekend work may be required during exceptionally busy periods. A cost accountant mainly works within the accounting group of a company and with other accountants, but they are also required to explain their findings and their implications to upper management.
Cost Accountant Tasks
  • Ensures services and processes are in compliance with account practices and regulatory requirements.
  • Record and report the costs of manufacturing goods and providing services.
  • Analyzes monthly and quarterly ledger activities.
  • Prepares financial audit schedules and reports for management.
Popular Skills for Cost Accountant
Pay by Experience Level for Cost Accountant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Los Angeles
up arrow 22%
Minneapolis
up arrow 19%
Charlotte
up arrow 18%
Phoenix
up arrow 17%
Dallas
up arrow 16%
Denver
up arrow 16%
up arrow 10%
up arrow 9%
Detroit
up arrow 9%
Fort Wayne
up arrow 4%
St. Louis
up arrow 3%
National Average
$50,000
Dayton
up arrow 2%
Madison
up arrow 7%
Grand Rapids
up arrow 11%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Cost Accountant Salaries

National Average
$50,000

Skills That Affect Cost Accountant Salaries

ERP
up arrow 5%
Microsoft Excel
0%
National Average
$50,000
Data Analysis
up arrow 1%
Microsoft Office
up arrow 1%
Microsoft Word
up arrow 2%
Windows Operating System General Use
up arrow 2%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 502 votes.
Gender
Female
49%
female alumni
 
Male
51%
male alumni
Years of Experience
Less than 1 year
6%
1-4 years
43%
5-9 years
24%
10-19 years
18%
20 years or more
9%
Common Health Benefits
medical benefits Medical: 86% dental benefits Dental: 77%
vision benefits Vision: 57% employee benefits None: 12%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -