Average Cost Accountant with Cost Accounting Skills Salary in India

The line graph shows Cost Accountant salary in 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 ₹5,31,624.98.

As the years of experience reaches 1 to 4, there is a decrease of ₹16,862.76 which would decline total wage to ₹5,14,762.22.

Once the experience reaches 5-9 years Cost Accountant salary would increase again to a total of ₹7,72,739.59, adding ₹2,57,977.37 from the last salary increase.

After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of ₹10,08,900.00.

And finally, once the Cost Accountant gains 20 years of experience or more, their salary would reach ₹14,02,700.00.

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 Budgeting which impacts the most than the rest of the skills indicated with a staggering 36% comparatively. Therefore, one’s salary would greatly depend on their skills in Budgeting.

The skill least likely to affect one’s pay would be Financial Analysis with 16%. It can be said that Financial Analysis skill will unlikely impact the salary.

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 ₹5,18,966.00 whereas the highest earning is ₹14,30,320.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of ₹14,30,320.00 at 126%. So to summerize, Entry Level earns 16% less than the average salary, Early Career earns 18% less than the average salary, Mid Carrer earns 23% more than the average salary, Late Career earns 64% more than the average salary, Experienced earns 126% more than the average salary.