As of March 01, 2025, the average annual salary for a Cost Accountant, Specialist in Newport News, VA is $114,500. According to Salary.com, salaries can range from a low of $91,193 to a high of $139,336, with most professionals earning between $102,300 and $127,500.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $127,500 | $10,625 | $2,452 | $61 |
| Average | $114,500 | $9,542 | $2,202 | $55 |
| 25th Percentile | $102,300 | $8,525 | $1,967 | $49 |
An entry-level Cost Accountant, Specialist with under 1 year experience makes about $106,040. With less than 2 years of experience, a mid-level Cost Accountant, Specialist makes around $106,909. After 2-4 years, the Cost Accountant, Specialist pay rises to about $107,778. Those senior Cost Accountant, Specialist with 5-8 years of experience earn roughly $110,908, and those Cost Accountant, Specialist having 8 years or more experience are expected to earn about $117,468 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant, Specialist | $106,040 |
| Intermediate Level Cost Accountant, Specialist | $106,909 |
| Senior Level Cost Accountant, Specialist | $107,778 |
| Specialist Level Cost Accountant, Specialist | $110,908 |
| Expert Level Cost Accountant, Specialist | $117,468 |
| Entry Level | 7% |
| Mid Level | 7% |
| Senior Level | 6% |
| Top Level | 3% |
| Experienced | 3% |
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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
|
$139,690 |
22%
|
|
Critical Thinking
|
$136,255 |
19%
|
|
Purchasing
|
$136,255 |
19%
|
|
Cost Analysis
|
$133,965 |
17%
|
|
Coordination
|
$129,385 |
13%
|
|
Integrity
|
$127,095 |
11%
|
