Average Cost Accountant Salary in Canada
The average annual salary of Cost Accountant is $61,305.00
The starting salary of Cost Accountant is between $38,913.00 and $45,780.00 whereas the maximum salary range is between $79,310.00 and $91,207.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$38,913.00 | $91,207.00 |
The average hourly pay of Cost Accountant is $29.20.
The starting hourly rate is between $12.00 and $14.70 for Cost Accountant whereas the maximum hourly wage is between $42.90 and $49.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$12.00 | $49.00 |
- Currency : CAD
- Annual Salary : $61,305.00
- Hourly Pay : $29.20
- Weekly Pay : $1,134.00
- Fortnightly Salary : $2,267.00
- Monthly Salary : $4,912.00
Cost Accountant Salary Comparison by Gender
This pie chart demonstrates the gender share for Cost Accountant. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Cost Accountant compared to female. Their involvement is 54% while of female is only 46%.
Salary Distribution Based on Years of Experience
The line graph shows Cost Accountant salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Cost Accountant having experience between 1-4 years, their salary is around $56,862.68.
Once the experience reaches 5-9 years Cost Accountant salary would increase again to a total of $64,129.92, adding $7,267.24 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $73,718.24.
And finally, once the Cost Accountant gains 20 years of experience or more, their salary would reach $65,040.00.
Prominent Skills Affecting Cost Accountant Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Cost Accountant's salary. It clearly highlights the skills needed for a post of Cost Accountant when hired by an employer.
The most vital skill expected of Cost Accountant is Financial Reporting which impacts the most than the rest of the skills indicated with a staggering 11% comparatively. Therefore, one’s salary would greatly depend on their skills in Financial Reporting.
The skill least likely to affect one’s pay would be Data Analysis with 2%. It can be said that Data Analysis skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Cost Accountant. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $57,014.00 whereas the highest earning is $72,340.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $72,340.00 at 18%. So to summerize, Early Career earns 7% less than the average salary, Mid Carrer earns 3% more than the average salary, Late Career earns 18% more than the average salary, Experienced earns 2% more than the average salary.
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