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