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Cost Accountant in Philadelphia, PA

Cost Accountant Job Description

Cost accountants help organizations manage and analyze the financial impact of production, operations and inventory. These professionals play a key role in budgeting, cost control and profitability analysis, supporting strategic decision making across manufacturing and service environments.

Typical cost accountant duties:

Preparing and analyzing cost reports related to materials, labor and overheadMonitoring inventory valuation and reconciling cost discrepanciesAssisting with budgeting and forecasting based on cost trends and production dataCollaborating with operations and finance teams to improve cost efficiencyConducting variance analysis and identifying cost-saving opportunitiesSupporting month- and year-end close processes with accurate cost entriesMaintaining cost accounting systems and ensuring data integrityPreparing reports for management to support pricing and profitability decisionsStaying current on cost accounting standards, industry trends and best practices

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Salary for Cost Accountant in Philadelphia, PA
83589 - 108345
Low
83589
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
92035
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
108345
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Financial Officer 227758 314259 374839 Corporate Controller 177080 215525 248436 Divisional Controller 138344 188439 205331 Assistant Controller 109510 142713 165430 Plant Controller 129315 145625 158440 Director of Financial Reporting 150285 187274 215234 Senior Financial Reporting Accountant 105724 117374 130189 Financial Reporting Manager 129606 157858 185526 Financial Reporting Accountant 86501 99316 115626 Director of Accounting 147373 192225 213486 Cost Accounting Manager 114461 133684 148829 Senior Cost Accountant 97278 112131 124073 Accounting Manager 112714 131645 148538 Senior Accountant 93200 110384 126985 Staff Accountant 71065 85919 102229 Entry-Level Staff Accountant 63784 72230 80385 Senior Accountant – Financial Services 99025 119704 133101 Accountant – Financial Services 84463 103976 120286 Entry-Level Accountant – Financial Services 71065 87375 101646 Forensic Accountant 101064 127859 144169 Property Accountant 81841 93783 109801 Procurement Manager 97860 133684 150576 Procurement Specialist 55629 71065 86793 Accounting Specialist 52425 58833 63784

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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.