Manager of Cost Accounting

Manager of Cost Accounting Job Description

Cost accounting managers must have strong communication, interpersonal, analytical and technology skills. Businesses seek individuals with at least five years’ experience and a bachelor’s degree in accounting or finance. A CPA, CGMA or CMA, as well as an MBA, is highly valued.

Typical manager of cost accounting duties:

Developing cost standards for materials and laborDesigning and implementing cost accounting systemsAnalyzing production costs and recommending changesOverseeing annual physical inventoryHiring, training and supervising cost and inventory accounting staff

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About Time
Accounting Functions
Budget Processes
CapEx
Cost Accounting
Costing
DCAA
ERP - Enterprise Resource Planning
ERP Solutions
Finance
Salary for Manager of Cost Accounting
90250 - 122500
25th percentile
90250
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
108750
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
122500
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Senior Cost Accountant 78000 91500 102500 Cost Accountant, 1-3 Years' Experience 65000 74500 82500

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