The average salary for a Cost Accountant with Cost Accounting skills is $57,165.
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What Do Cost Accountants Do?
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 va…Read more
Popular Employer Salaries for Cost Accountant
The top respondents for the job title Cost Accountant are from the companies National Oilwell Varco, East Penn Manufacturing Co. Inc. and Mistequay Group Ltd. Reported salaries are highest at PPG Industries, Inc. where the average pay is $65,595. Other companies that offer high salaries for this role include National Oilwell Varco, earning around $50,980. East Penn Manufacturing Co. Inc. pays the lowest at around $41,593. Mistequay Group Ltd also pays on the lower end of the scale, paying $43,284.
Cost Accountant Job Listings
What Are Popular Skills for Cost Accountants?
Skills in Month-End Close and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office, Data Analysis and Microsoft Excel.
What is the Pay by Experience Level for Cost Accountants?
An entry-level Cost Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $48,921 based on 37 salaries. An early career Cost Accountant with 1-4 years of experience earns an average total compensation of $53,198 based on 531 salaries. A mid-career Cost Accountant with 5-9 years of experience earns an average total compensation of $62,797 based on 242 salaries. An experienced Cost Accountant with 10-19 years of experience earns an average total compensation of $65,369 based on 168 salaries. In their late career (20 years and higher), employees earn an average total compensation of $65,394.
Pay Difference by Location
Employees with Cost Accountant in their job title in Seattle, Washington earn an average of 14.8% more than the national average. These job titles also find higher than average salaries in Houston, Texas (13.5% more) and Charlotte, North Carolina (1.1% more). The lowest salaries can be found in Cincinnati, Ohio (12.5% less), St. Louis, Missouri (10.5% less) and Salt Lake City, Utah (9.9% less).
Years of Experience
This data is based on 1,076 survey responses.