Cost Accountant — 1-3 Years' Experience

Cost Accountant — 1-3 Years' Experience Job Description

Cost accountants at this level need solid organizational, communication, problem-solving and research abilities. Companies also seek industry experience and technology expertise, including proficiency with Microsoft Excel and ERP systems. A bachelor’s degree in accounting or finance is required, and employers prefer candidates with a CPA, chartered global management accountant (CGMA) or certified management accountant (CMA) designation.

Typical cost accountant — 1-3 years' experience duties:

Identify and quantify cost factors in the production or execution of a product or service

Working closely with management to determine opportunities to maximize profit and minimize waste

Managing company inventory counts

Tracking cost of goods sold and calculating overhead costs

Analyzing ways to make products and processes more efficient and cost effective

Developing estimates and bids for clients in conjunction with sales team

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Salary for Cost Accountant — 1-3 Years' Experience

66500 - 84500

25th percentile

66500

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

50th percentile

76250

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

84500

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

Manager of Cost Accounting

92750

111500

125750

Senior Cost Accountant

80250

94000

105500

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