How much does a Cost Accounting Manager make?

As of April 01, 2025, the average annual salary for a Cost Accounting Manager in the United States is $123,925. Salary.com reports that pay typically ranges from $114,388 to $135,649, with most professionals earning between $105,705 and $146,323.

Cost Accounting Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $135,649 $11,304 $2,609 $65
Average $123,925 $10,327 $2,383 $60
25th Percentile $114,388 $9,532 $2,200 $55

Average Salary

25% $114,388 10% $105,705 90% $146,323 75% $135,649 $123,925 50%(Median)
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How much does a Cost Accounting Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Cost Accounting Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Cost Accounting Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Cost Accounting Manager's Salary?

An entry-level Cost Accounting Manager with less than 1 year of experience earns about $120,366. With 1-2 years of experience, the average salary increases to $120,793. For 2-4 years of experience, the pay typically rises to $121,790. Senior-level professionals with 5-8 years of experience earn around $122,929, and those with over 8 years of experience can expect an average of $125,150.

Levels Salary
Entry Level Cost Accounting Manager $120,366
Intermediate Level Cost Accounting Manager $120,793
Senior Level Cost Accounting Manager $121,790
Specialist Level Cost Accounting Manager $122,929
Expert Level Cost Accounting Manager $125,150
$120,366 0 yr
$120,793 < 2 yrs
$121,790 2-4 yrs
$122,929 5-8 yrs
$125,150 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 3%
Senior Level 2%
Top Level 1%
Experienced 1%
View as graph
Last Updated on April 01, 2025

How much does salary of Cost Accounting Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Cost Accounting Manager is $154,770.
  • In New York, NY, the average annual salary is $143,617.
  • In Boston, MA, a Cost Accounting Manager earns $138,214 per year.

What is the salary trend of Cost Accounting Manager?

As of April 01, 2025, our research reveals a significant shift in Cost Accounting Manager compensation over the past six years. For example, the median salary increased from $109,011 in 2023 to approximately $107,937 in 2024. (For a detailed analysis of Cost Accounting Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Cost Accounting Manager Over Time

2020
$???
2021
$???
2022
$???
$109,011
2023
$107,937
2024
$107,131
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$109,011
2024
$107,937
2025
$107,131
2026
$???
Last Updated on April 01, 2025

Cost Accounting Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $109,011
2024 $107,937
2025 $107,131
2026 View More
Last Updated on April 01, 2025

Job Openings of Cost Accounting Manager

Salary.com job board provides millions of Cost Accounting Manager information for you to search for. Click on search button below to see Cost Accounting Manager job openings or enter a new job title here.

Most Common Benefits for Cost Accounting Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.3%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 4.9%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $123,925 72.3%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,480 5.5%
401K/403B $5,205 3.0%
Disability $2,479 1.4%
Healthcare $8,352 4.9%
Pension $6,692 3.9%
Time Off $15,252 8.9%
Total Compensation $171,385 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Cost Accounting Manager with different levels of education?

Salaries for Cost Accounting Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Cost Accounting Manager with a Bachelor's Degree is $124,301 - $133,058. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Cost Accounting Manager Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Cost Accounting Manager
Degree Level % of user with this level of education
High School 2.2%
Associates 5.4%
Bachelors 53.8%
Masters 37.5%
Doctorate 1.1%
Typical Education for Cost Accounting Manager
High School 2.2%
Associates 5.4%
Bachelors 53.8%
Masters 37.5%
Doctorate 1.1%
view as table

Cost Accounting Manager Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Cost Accounting Manager

1. What is the average salary of a Cost Accounting Manager?

The average annual salary of Cost Accounting Manager is $123,925. In case you are finding an easy salary calculator, the average hourly pay of Cost Accounting Manager is $60; the average weekly pay of Cost Accounting Manager is $2,383; the average monthly pay of Cost Accounting Manager is $10,327.

2. Where can a Cost Accounting Manager earn the most?

A Cost Accounting Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Cost Accounting Manager earns the most in San Jose, CA, where the annual salary of a Cost Accounting Manager is $156,307.

3. What is the highest pay for Cost Accounting Manager?

The highest pay for Cost Accounting Manager is $146,323.

4. What is the lowest pay for Cost Accounting Manager?

The lowest pay for Cost Accounting Manager is $105,705.

5. What are the responsibilities of Cost Accounting Manager?

Ensures that costs for the company's products and services are allocated according to corporate procedures and in compliance financial accounting standards. Oversees the cost control systems, manages and interprets cost audits, and prepares cost accounting reports for presentation to top management. Gathers historical cost data (materials, labor, depreciation, operating expenses, etc.), to compare budgets with actual expenses. Manages the cost accounting staff to complete projects. Requires a bachelor's degree or its equivalent. Typically reports to a Director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met, adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Typically requires 5 years experience in a related area as an individual contributor. 1 to 3 years supervisory experience may be required.

6. What are the skills of Cost Accounting Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Construction Management: Construction management (CM) is a professional service that uses specialized, project management techniques to oversee the planning, design, and construction of a project, from its beginning to its end. The purpose of CM is to control a project's time / delivery, cost and quality—sometimes referred to as a project management triangle or "triple constraints." CM is compatible with all project delivery systems, including design-bid-build, design-build, CM At-Risk and Public Private Partnerships. Professional construction managers may be reserved for lengthy, large-scale, high budget undertakings (commercial real estate, transportation infrastructure, industrial facilities, and military infrastructure), called capital projects.

3.)

Auditing: Auditing refers to the independent examination of financial information of any entity whether profit oriented or not. It is a safeguard measure that prevents corruption.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Cost Accounting Manager is $123,925 per year in the United States, updated at April 01, 2025.
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