As of March 01, 2025, the average annual salary for a Cost Accountant III in Palatine, IL is $101,445. Salary.com reports that pay typically ranges from $91,695 to $112,279, with most professionals earning between $82,819 and $122,142.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $109,433 | $9,119 | $2,104 | $53 |
| Average | $98,874 | $8,240 | $1,901 | $48 |
| 25th Percentile | $89,372 | $7,448 | $1,719 | $43 |
An entry-level Cost Accountant III with under 1 year experience makes about $96,112. With less than 2 years of experience, a mid-level Cost Accountant III makes around $96,838. After 2-4 years, the Cost Accountant III pay rises to about $98,292. Those senior Cost Accountant III with 5-8 years of experience earn roughly $103,673, and those Cost Accountant III having 8 years or more experience are expected to earn about $106,553 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant III | $96,112 |
| Intermediate Level Cost Accountant III | $96,838 |
| Senior Level Cost Accountant III | $98,292 |
| Specialist Level Cost Accountant III | $103,673 |
| Expert Level Cost Accountant III | $106,553 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 5% |
| Experienced | 8% |
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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.
Supply Chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
| Skill | Salary | Demand |
|---|---|---|
|
Pricing
|
$104,489 |
3%
|
|
Inventory Control
|
$104,489 |
3%
|
|
Coordination
|
$104,489 |
3%
|
|
Cost Analysis
|
$104,489 |
3%
|
|
Teamwork
|
$104,489 |
3%
|
|
Commitment
|
$104,489 |
3%
|
