Cost Accounting Manager Salary

The average salary for a Cost Accounting Manager is $78,953 per year. Experience has a moderate effect on income for this job.

$53,860 - $108,200
MEDIAN: $78,952

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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.
$53,860 - $108,200  
$1,174 - $15,398  
Profit Sharing
$0.00 - $10,213  
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).
$55,618 - $118,090  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 311
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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

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Popular Skills for

Pay by Experience Level for

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

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Experience Affects Salaries

National Average

Skills That Affect Salaries

Cost Accounting
up arrow 3%

Microsoft Excel
up arrow 1%

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 1%

National Average

Microsoft Office
up arrow 3%

Microsoft Word
up arrow 3%

Accounts Payable
up arrow 4%

Financial Analysis
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 61 votes.


43 %
57 %

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: 91% dental benefits Dental: 86%
vision benefits Vision: 69% employee benefits None: 5%