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 serviceWorking closely with management to determine opportunities to maximize profit and minimize wasteManaging company inventory countsTracking cost of goods sold and calculating overhead costsAnalyzing ways to make products and processes more efficient and cost effectiveDeveloping 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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