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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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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.