Cost Accountant Salary in Elk Grove Village, Illinois

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Average Salary for Cost Accountant in Elk Grove Village, Illinois

The average salary of a(n) Cost Accountant in Elk Grove Village, Illinois is $79,294.

The average hourly rate of a(n) Cost Accountant in Elk Grove Village, Illinois is $38.12.

The average bonus of a(n) Cost Accountant in Elk Grove Village, Illinois is $3,077.00.

Job Description:

Provides detailed cost information not supplied by general accounting systems, applying principles of cost accounting. Plans study and gathers data to determine costs of business activity, such as raw material purchases, inventory, and labor. Analyzes data obtained and documents results. Excludes paraprofessional cost accounting positions. Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. Analyzes actual manufacturing costs, and prepares periodic report comparing standard costs to actual production costs. Provides management with reports specifying and comparing factors affecting prices and profitability of products or services. May develop and install manual or computer-based cost accounting system. May specialize in analyzing costs relating to public utility rate schedule. May specialize in appraisal and evaluation of real property or equipment for sale, acquisition, or tax purposes for public utility. Less

Provides detailed cost information not supplied by general accounting systems, applying principles of cost accounting. Plans study and gathers data to determine costs of business activity, such as raw material purchases, inventory, and labor. Analyzes data obtained and documents results.... More

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