Average Cost Accountant with Cost Accounting Skills Salary in Mumbai, Maharashtra

Annual Base Salary - ₹5,29,797.00/year

The average annual salary of Cost Accountant is ₹5,29,797.00

₹3,16,940.00
Low
₹5,29,797.00
Average
₹10,30,000.00
High

The starting salary of Cost Accountant is between ₹2,69,399.00 and ₹3,16,940.00 whereas the maximum salary range is between ₹10,30,000.00 and ₹11,84,500.00.

Minimum Annual PayMaximum Annual Pay
₹2,69,399.00₹11,84,500.00
Bonus Range: Tooltip
₹9,540.00 - ₹2,99,250.00
₹9,540.00
₹11,84,500.00
Profit Sharing: Tooltip
₹0.00 - ₹10,500.00
₹0.00
₹11,84,500.00
  • Currency : INR
  • Annual Salary : ₹5,29,797.00
  • Weekly Pay : ₹9,892.00
  • Fortnightly Salary : ₹19,783.00
  • Monthly Salary : ₹42,864.00

Cost Accountant Salary Comparison by Gender

Female
Male

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 79% while of female is only 21%.

Salary Distribution Based on Years of Experience

The line graph shows Cost Accountant salary in Mumbai, Maharashtra, India 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 working less than a year in a company, you notice that their annual salary starts around ₹5,32,446.98.

As the years of experience reaches 1 to 4, there is a significant increase of ₹8,621.94 which would give a total wage of INR541,068.92.

Once the experience reaches 5-9 years Cost Accountant salary would increase again to a total of ₹5,94,945.00, adding ₹53,876.08 from the last salary increase.

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 skill that is required for Cost Accountant is Month-End Close that affects the salary by 60%.

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 ₹5,13,903.00 whereas the highest earning is ₹5,88,075.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₹5,88,075.00 at 11%. So to summerize, Entry Level earns 3% less than the average salary, Early Career earns 1% more than the average salary, Mid Carrer earns 11% more than the average salary.

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