The average salary for a Cost Accountant with Cost Accounting skills is Rs 455,737 per year. Experience strongly influences pay for this job. Most people with this job move on to other positions after 20 years in this career.

Rs 231,655 - Rs 1,036,232
Rs 230K
Rs 470K
Rs 1M
MEDIAN: Rs 468,473
10%
50%
90%
Rs 0Rs 1M
Salary Rs 231,655 - Rs 1,036,232
Bonus Rs 2,936 - Rs 127,661
Profit Sharing Rs 0.00 - Rs 97,871
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).
)
Rs 234,102 - Rs 1,146,632
  • Country: India
  • Currency: INR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 264

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 Job Listings

Pay Difference by Location

National Average: Rs 491,113

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

Key Stats for Cost Accountant

Gender

Female
16 %
Male
84 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
19%
1-4 years
50%
5-9 years
21%
10-19 years
9%
20 years or more
1%

Experience Affects Cost Accountant Salaries

Experienced
▲109%

Mid-Career
▲14%

National Average
Rs 491,000

Entry-Level
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

Less than 1 year
19%
1-4 years
50%
5-9 years
21%
10-19 years
9%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 61%
dental benefits
Dental: 8%
vision benefits
Vision: 10%
no benefits
None: 37%