A Cost Accountant earns an average salary of AU$72,665 per year. People in this job generally don't have more than 20 years' experience.

AU$57,917 - AU$127,723
AU$58K
AU$73K
AU$130K
MEDIAN: AU$72,665
10%
50%
90%
AU$0AU$127K
Salary AU$57,917 - AU$127,723
Bonus AU$1,300
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).
)
AU$58,875 - AU$126,743
  • Country: Australia
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 27

Job Description for Cost Accountant

A cost accountant performs routine and special analyses to help determine the type of operations and materials that are most cost effective for their organization. This accountant helps assess which products and raw materials are best suited to their company’s objectives, and they may be expected to create a costing system that can continuously evaluate the value of inventory and associated costs. The cost accountant should be able to determine and explain the factors that will cause costs to vary; strong research skills are essential to determine all of the costs associated with certain decisions. Additionally, cost accountants may need to document internal factors and controls that are affecting costs. The cost accountant often helps senior management to make key decisions, in some cases including decisions related to employees' salaries and product pricing.

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Cost Accountant Tasks

  • Analyzes monthly and quarterly ledger activities.
  • Prepares financial audit schedules and reports for management.
  • Ensures services and processes are in compliance with account practices and regulatory requirements.
  • Record and report the costs of manufacturing goods and providing services.

Cost Accountant Pay By Employer

$0$70K

$64,412

$50,825

Cost Accountant Job Listings

Pay Difference by Location

National Average: AU$72,826

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Cost Accountant

Gender

Female
25 %
Male
75 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
3%
1-4 years
45%
5-9 years
16%
10-19 years
32%
20 years or more
3%

Experience Affects Cost Accountant Salaries

▲19%

▲12%

National Average
AU$73,000

▼7%

Skills That Affect Cost Accountant Salaries


National Average
AU$73,000



Job Satisfaction

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

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
3%
1-4 years
45%
5-9 years
16%
10-19 years
32%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 10%
dental benefits
Dental: 5%
vision benefits
Vision: 5%
no benefits
None: 90%