As of April 01, 2025, the average annual salary for a Cost Accountant, Specialist in Memphis, TN is $102,100. According to Salary.com, salaries can range from a low of $89,109 to a high of $104,775, with most professionals earning between $95,300 and $103,500.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $103,500 | $8,625 | $1,990 | $50 |
| Average | $102,100 | $8,508 | $1,963 | $49 |
| 25th Percentile | $95,300 | $7,942 | $1,833 | $46 |
An entry-level Cost Accountant, Specialist with under 1 year experience makes about $98,484. With less than 2 years of experience, a mid-level Cost Accountant, Specialist makes around $98,987. After 2-4 years, the Cost Accountant, Specialist pay rises to about $99,490. Those senior Cost Accountant, Specialist with 5-8 years of experience earn roughly $101,302, and those Cost Accountant, Specialist having 8 years or more experience are expected to earn about $102,611 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant, Specialist | $98,484 |
| Intermediate Level Cost Accountant, Specialist | $98,987 |
| Senior Level Cost Accountant, Specialist | $99,490 |
| Specialist Level Cost Accountant, Specialist | $101,302 |
| Expert Level Cost Accountant, Specialist | $102,611 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 1% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Bill of Materials: Applying tools, methods, and practices in creating a list of raw materials, components, and instructions required to create a product.
Generally Accepted Accounting Principles: Helping and maintaining accounting rules and standards for financial reporting to ensure consistency and transparency.
| Skill | Salary | Demand |
|---|---|---|
|
Communicates Effectively
|
$124,562 |
22%
|
|
Critical Thinking
|
$121,499 |
19%
|
|
Purchasing
|
$121,499 |
19%
|
|
Cost Analysis
|
$119,457 |
17%
|
|
Coordination
|
$115,373 |
13%
|
|
Integrity
|
$113,331 |
11%
|
