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Cost Accountant in Rockford, IL

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 Rockford, IL
62423 - 80910
Low
62423
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
68730
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
80910
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 170085 234683 279923 Corporate Controller 132240 160950 185528 Divisional Controller 103313 140723 153338 Assistant Controller 81780 106575 123540 Plant Controller 96570 108750 118320 Director of Financial Reporting 112230 139853 160733 Senior Financial Reporting Accountant 78953 87653 97223 Financial Reporting Manager 96788 117885 138548 Financial Reporting Accountant 64598 74168 86348 Director of Accounting 110055 143550 159428 Cost Accounting Manager 85478 99833 111143 Senior Cost Accountant 72645 83738 92655 Accounting Manager 84173 98310 110925 Senior Accountant 69600 82433 94830 Staff Accountant 53070 64163 76343 Entry-Level Staff Accountant 47633 53940 60030 Senior Accountant – Financial Services 73950 89393 99398 Accountant – Financial Services 63075 77648 89828 Entry-Level Accountant – Financial Services 53070 65250 75908 Forensic Accountant 75473 95483 107663 Property Accountant 61118 70035 81998 Procurement Manager 73080 99833 112448 Procurement Specialist 41543 53070 64815 Accounting Specialist 39150 43935 47633

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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.