Avg. Base Salary (INR)
The average salary for a Cost Accounting Manager is ₹550,000 in 2023
What Do Cost Accounting Managers Do?
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. …Read more
- 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.
- Contribute to creating budgets and ensure production costs remain within budget.
FAQs About Cost Accounting Managers
What is the highest pay for Cost Accounting Managers?
Our data indicates that the highest pay for a Cost Accounting Manager is ₹NaN / year
What is the lowest pay for Cost Accounting Managers?
Our data indicates that the lowest pay for a Cost Accounting Manager is ₹NaN / year
How can Cost Accounting Managers increase their salary?
Increasing your pay as a Cost Accounting Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Cost Accounting Manager that oversees more junior Cost Accounting Managers, this experience can increase the likelihood to earn more.