As of April 01, 2025, the average annual salary for a Cost Accountant II in Hoffman Estates, IL is $81,169. Salary.com reports that pay typically ranges from $73,918 to $86,437, with most professionals earning between $67,316 and $91,233.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $86,437 | $7,203 | $1,662 | $42 |
| Average | $81,169 | $6,764 | $1,561 | $39 |
| 25th Percentile | $73,918 | $6,160 | $1,421 | $36 |
An entry-level Cost Accountant II with under 1 year experience makes about $78,788. With less than 2 years of experience, a mid-level Cost Accountant II makes around $79,004. After 2-4 years, the Cost Accountant II pay rises to about $81,562. Those senior Cost Accountant II with 5-8 years of experience earn roughly $83,764, and those Cost Accountant II having 8 years or more experience are expected to earn about $83,921 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant II | $78,788 |
| Intermediate Level Cost Accountant II | $79,004 |
| Senior Level Cost Accountant II | $81,562 |
| Specialist Level Cost Accountant II | $83,764 |
| Expert Level Cost Accountant II | $83,921 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 6% |
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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 |
|---|---|---|
|
Innovation
|
$86,851 |
7%
|
|
Supply Chain
|
$83,604 |
3%
|
|
Commitment
|
$83,604 |
3%
|
|
Leadership
|
$82,792 |
2%
|
|
Team Operations
|
$82,792 |
2%
|
|
Finance and Accounting
|
$81,981 |
1%
|
