As of March 01, 2025, the average annual salary for a Cost Accountant IV in Skokie, IL is $126,767. According to Salary.com, salaries can range from a low of $100,919 to a high of $154,385, with most professionals earning between $113,238 and $141,224.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $134,627 | $11,219 | $2,589 | $65 |
| Average | $120,846 | $10,071 | $2,324 | $58 |
| 25th Percentile | $107,948 | $8,996 | $2,076 | $52 |
An entry-level Cost Accountant IV with under 1 year experience makes about $117,428. With less than 2 years of experience, a mid-level Cost Accountant IV makes around $118,391. After 2-4 years, the Cost Accountant IV pay rises to about $119,354. Those senior Cost Accountant IV with 5-8 years of experience earn roughly $122,821, and those Cost Accountant IV having 8 years or more experience are expected to earn about $130,089 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant IV | $117,428 |
| Intermediate Level Cost Accountant IV | $118,391 |
| Senior Level Cost Accountant IV | $119,354 |
| Specialist Level Cost Accountant IV | $122,821 |
| Expert Level Cost Accountant IV | $130,089 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 2% |
| 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.
Generally Accepted Accounting Principles: Helping and maintaining accounting rules and standards for financial reporting to ensure consistency and transparency.
| Skill | Salary | Demand |
|---|---|---|
|
Communicates Effectively
|
$154,656 |
22%
|
|
Critical Thinking
|
$150,853 |
19%
|
|
Purchasing
|
$150,853 |
19%
|
|
Cost Analysis
|
$148,318 |
17%
|
|
Coordination
|
$143,247 |
13%
|
|
Integrity
|
$140,712 |
11%
|
