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 labor

Designing and implementing cost accounting systems

Analyzing production costs and recommending changes

Overseeing annual physical inventory

Hiring, training and supervising cost and inventory accounting staff

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Salary for Manager of Cost Accounting

92750 - 125750

25th percentile

92750

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

111500

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

125750

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Senior Cost Accountant

80250

94000

105500

Cost Accountant, 1-3 Years’ Experience

66500

76250

84500

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