The average pay for a Cost Accountant is C$55,413 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. For the first five to ten years in this position, salary increases somewhat, but any additional experience does not have a big effect on pay.

C$40,531 - C$75,591
C$41K
C$56K
C$76K
MEDIAN: C$55,908
10%
50%
90%
C$15.93 - C$30.84
C$16
C$24
C$31
MEDIAN: C$23.95
10%
50%
90%
C$0C$75K
Salary C$40,531 - C$75,591
Bonus C$105 - C$6,346
Profit Sharing C$1,600
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).
)
C$40,840 - C$75,820
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 196
Hourly Data C$0C$43
Hourly Rate C$15.93 - C$30.84
Overtime C$31.00
Annual Data C$0C$75K
Bonus C$105 - C$6,346
Profit Sharing C$1,600
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).
)
C$40,840 - C$75,820
  • Country: United States
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 16

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.

Common Career Paths for Cost Accountant


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Cost Accountant Job Listings

Popular Skills for Cost Accountant

Pay by Experience Level for Cost Accountant

Pay by Experience for a Cost Accountant has a positive trend. An entry-level Cost Accountant with less than 5 years of experience can expect to earn an average total compensation of C$50,000 based on 65 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Cost Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$58,000 based on 37 salaries. An experienced Cost Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$60,000 based on 23 salaries. A Cost Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$58,000 based on 6 salaries.

Pay Difference by Location

National Average: C$55,952

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

Related Job Salaries

Key Stats for Cost Accountant

Gender

Female
52 %
Male
48 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.
Less than 1 year
1%
1-4 years
44%
5-9 years
25%
10-19 years
20%
20 years or more
9%

Experience Affects Cost Accountant Salaries

▲8%

▲4%

▲3%

National Average
C$56,000

▼11%

Skills That Affect Cost Accountant Salaries



National Average
C$56,000

Microsoft Office
▼1%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
1%
1-4 years
44%
5-9 years
25%
10-19 years
20%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 89%
vision benefits
Vision: 70%
no benefits
None: 6%