The average salary for a Cost Accounting Manager is $84,331 per year. For the first five to ten years in this position, pay increases modestly, but any additional experience does not have a big effect on pay.

$60,396 - $110,508
MEDIAN: $84,331

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$60,396 - $110,508  
$1,050 - $14,456  
Profit Sharing
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).
$61,874 - $117,751  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 173

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Job Description for Cost Accounting Manager

A cost accounting manager is usually a supervisor or department manager for a specialized accounting group within a company. This person is primarily concerned with collecting accounting and financial data related to assets and liabilities gained and incurred by the various departments within the company. The cost accounting manager will typically offer frequent reports and accounting analysis to upper management related to opportunities to control costs and wastes and increase profitability.


Cost Accounting Manager Tasks

  • Contribute to creating budgets and ensure production costs remain within budget.
  • Analyze the costs of materials, processes, and labor to determine methods of reducing production costs.
  • Develop and implement a company’s cost control procedures and policies.
  • Prepare product cost statements, investigating products to establish manufacturing costs.

Common Career Paths for Cost Accounting Manager

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Popular Skills for Cost Accounting Manager

Pay by Experience Level for Cost Accounting Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

Years in Fields/Career:
United States (change)

Experience Affects Cost Accounting Manager Salaries

National Average

Skills That Affect Cost Accounting Manager Salaries

Microsoft Excel
up arrow 1%

Cost Accounting

National Average

Financial Analysis
up arrow 1%

Microsoft Office
up arrow 1%

Accounts Payable
up arrow 8%

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 9%

Financial Reporting
up arrow 13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.


45 %
55 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 88%
medical benefits
Vision: 78%
dental benefits
None: 3%