Cost Accounting Manager Salary in Elgin, Illinois

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Average Salary for Cost Accounting Manager in Elgin, Illinois

The average salary of a(n) Cost Accounting Manager in Elgin, Illinois is $114,649.

The average hourly rate of a(n) Cost Accounting Manager in Elgin, Illinois is $55.12.

The average bonus of a(n) Cost Accounting Manager in Elgin, Illinois is $9,390.00.

Job Description:

Manages and oversees professional cost accounting activities. Implements cost control procedures and provides staff supervision over cost systems and methods. Manages the compilation of periodic statements of product cost and develops and/or prepares appropriate operating reports. Follows up expenditures of appropriations and supervises the assembly of data and comparisons of various budget items. Prepares cost analysis for use in contract adjustments. Excludes managers whose staffs consist of all nonexempt accounting jobs. Reviews completed product manufacturing costs, and reviews and analyzes unit costs of finished products. Conducts special cost studies for use in setting selling prices and establishing inventory prices for in-process and finished products. Studies economy for various projects and programs. Prepares profit and loss statements for individual products. Supervises the maintenance of inventory records of products, and directs other statistical and tabulating services. Develops or improves methods of calculating and controlling costs. Compiles cost data for use in developing operating budgets. Directs cost audits and their interpretation that will assist management in directing and controlling operations. Less

Manages and oversees professional cost accounting activities. Implements cost control procedures and provides staff supervision over cost systems and methods. Manages the compilation of periodic statements of product cost and develops and/or prepares appropriate operating reports. Follows up expenditures of... More

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