How much does a Cost Accountant I make in Illinois? The average Cost Accountant I salary in Illinois is $70,343 as of April 24, 2024, but the range typically falls between $63,467 and $78,069. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Cost Accountant I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Accountant I Salary $57,206 IL April 24, 2024
25th Percentile Cost Accountant I Salary $63,467 IL April 24, 2024
50th Percentile Cost Accountant I Salary $70,343 IL April 24, 2024
75th Percentile Cost Accountant I Salary $78,069 IL April 24, 2024
90th Percentile Cost Accountant I Salary $85,103 IL April 24, 2024
25% $63,467 10% $57,206 90% $85,103 75% $78,069 $70,343 50%(Median) Didn’t find job title? Click
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What skills does a Cost Accountant I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.

3.

Generally Accepted Accounting Principles: Helping and maintaining accounting rules and standards for financial reporting to ensure consistency and transparency.

Analysis 13.41%
CPA 1.37%
Generally Accepted Accounting Principles 1.03%
Others 84.19%

Job Description for Cost Accountant I

Cost Accountant I determines and implements cost accounting procedures and methods. Responsible for the preparation and analysis of cost reports and costing audits. Being a Cost Accountant I examines and reviews unusual cost records and ensures cost data is allocated correctly. May require a bachelor's degree. Additionally, Cost Accountant I typically reports to a supervisor or manager. To be a Cost Accountant I typically requires 0-2 years of related experience. Works on projects/matters of limited complexity in a support role. Work is closely managed. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Accountant I in Illinois
  • At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. Our employees are focused on safe and reliable operations,...
    - 2 Days Ago
  • I am partnered with the Controller of a family owned manufacturing company of public health products that is looking to identify a Cost Accountant to join ...
    - 1 Day Ago
  • TITLE. Senior Cost AccountantLOCATION. Westchester, ILREPORTS TO. Cost Accounting ManagerPrimary Function:Provide financial information to support the cost...
    - 4 Days Ago
  • Senior Cost Accountant - Defined path to leadership. Lincoln Search Consultants. a. Forbes Best Professional Recruiting Firm. has been exclusively engaged ...
    - 1 Day Ago
  • Gotion, Inc. is based in Silicon Valley in California, with R&D centers in Ohio, China, Japan and Europe. We innovate in the next generation electric vehic...
    - 4 Days Ago

Select a city to view specific salary and bonus information for Cost Accountant I

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $72,131 Date Updated April 24, 2024
Location Mount Prospect, IL Avg. Salary $71,856 Date Updated April 24, 2024
Location Abingdon, IL Avg. Salary $65,117 Date Updated April 24, 2024
Location Adair, IL Avg. Salary $65,736 Date Updated April 24, 2024
Location Addieville, IL Avg. Salary $66,767 Date Updated April 24, 2024
Location Addison, IL Avg. Salary $71,856 Date Updated April 24, 2024
Location Akin, IL Avg. Salary $64,773 Date Updated April 24, 2024
Location Albany, IL Avg. Salary $64,223 Date Updated April 24, 2024
Location Albers, IL Avg. Salary $66,767 Date Updated April 24, 2024
Location Albion, IL Avg. Salary $63,261 Date Updated April 24, 2024

Career Path for Cost Accountant I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Accountant I, the upper level is Cost Accountant II and then progresses to Cost Accountant IV.

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Cost Accountant I Salary in Illinois
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