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Cost Accounting Jobs in Minnesota (NOW HIRING)

Graco, Inc.

Manager, Cost Accounting

Minneapolis, MN · On-site

$99K - $128K/yr

The Manager, Cost Accounting is responsible for leading the accounting, strategy, and evolution of product costing, cost of goods sold, and inventory valuation in support of Graco's Global Operations ...

Graco

Manager, Cost Accounting

Minneapolis, MN · On-site

$99K - $128K/yr

The Manager, Cost Accounting is responsible for leading the accounting, strategy, and evolution of product costing, cost of goods sold, and inventory valuation in support of Graco's Global Operations ...

CFS

Cost Accounting Manager

Minneapolis, MN · Remote

$99K - $128K/yr

Cost Accounting Manager (99% Remote) Location: Remote (Monthly onsite required in Winona, MN) Compensation: Competitive + 10-15% Bonus Why This Opportunity Stands Out * Remote flexibility with ...

CFS

Remote Cost Accounting Manager

Winona, MN · Hybrid

$90K - $110K/yr

Cost Accounting Manager Location: Remote (US) | Hybrid with approximately 10% onsite in Winona, MN Salary: $90,000 - $110,000 If you're a hands-on cost accounting leader who enjoys digging into ...

Varsity Tutors

Cost Accounting Tutor

Edina, MN · Remote

$18 - $40/hr

About the Job The Varsity Tutors Live Learning Platform has thousands of students looking for online Cost Accounting tutors nationally. As a tutor on the Varsity Tutors Platform, you'll have the ...

Varsity Tutors

Cost Accounting Tutor

Saint Paul, MN · Remote

$18 - $40/hr

About the Job The Varsity Tutors Live Learning Platform has thousands of students looking for online Cost Accounting tutors nationally. As a tutor on the Varsity Tutors Platform, you'll have the ...

Varsity Tutors

Cost Accounting Tutor

Minneapolis, MN · Remote

$18 - $40/hr

About the Job The Varsity Tutors Live Learning Platform has thousands of students looking for online Cost Accounting tutors nationally. As a tutor on the Varsity Tutors Platform, you'll have the ...

Zeus

Cost Accounting Analyst

Arden Hills, MN · On-site

Job Summary The position will support both finance and operations by being involved in the cost accounting systems and processes, as well as the monthly cost of goods sold and inventory reporting.

CFS

Cost Accountant - new role!

Saint Paul, MN · On-site

$105K - $120K/yr

Own the cost accounting function from the ground up and make a visible impact. Step into a high-autonomy role where your work directly drives decisions in a growing manufacturing environment near St.

LHH US

Cost Accountant

Saint Paul, MN · Hybrid

$65K - $84K/yr

Cost Accountant Twin Cities Metro Area | Hybrid Direct Hire | $65,000-$85,000 + Benefits LHH is ... Inventory accounting, costing analysis, and variance review * Ownership of item setup, BOMs, and ...

Robert Half

Cost Accountant

Albert Lea, MN · On-site

$95K/yr

The ideal candidate brings strong experience in cost accounting, inventory analysis, and month-end close within a manufacturing environment. This is a wonderful opportunity to join a great team, grow ...

Lou-Rich

Staff Accountant - Cost Accounting

Albert Lea, MN · On-site

$75K - $90K/yr

... Cost Accounting is responsible for maintaining accurate product costing, inventory valuation, and manufacturing financial reporting. This role partners closely with operations leadership to analyze ...

Jostens

Sr. Cost Accountant

Minneapolis, MN · Hybrid

$80K - $90K/yr

Manage cost accounting processes. Develop and maintain cost accounting systems, journal entries, and supporting documentation. * Ensure inventory accuracy. Support physical inventory processes and ...

Jostens

Sr. Cost Accountant

Minneapolis, MN · On-site

$80K - $90K/yr

Manage cost accounting processes. Develop and maintain cost accounting systems, journal entries, and supporting documentation. * Ensure inventory accuracy. Support physical inventory processes and ...

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All JobsCost Accounting JobsCost Accounting Jobs in Minnesota

Cost Accounting information

See Minnesota salary details

$42.6K

$108.1K

$158.2K

How much do cost accounting jobs pay per year?

As of Aug 21, 2026, the average yearly pay for cost accounting in Minnesota is $108,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,000.00 and $121,000.00 per year, depending on experience, location, and employer.

What is cost accounting?

Cost accounting is a branch of accounting focused on recording, analyzing, and controlling the costs associated with producing goods or providing services. It helps organizations determine the actual cost of operations by tracking expenses for labor, materials, and overhead. This information is used by management to set prices, control spending, and make strategic business decisions. Cost accounting methods include standard costing, activity-based costing, and marginal costing, among others.

What are the key skills and qualifications needed to thrive as a cost accountant, and why are they important?

To thrive as a Cost Accountant, you need a solid background in accounting principles, cost analysis, and financial reporting, typically supported by a degree in accounting or finance and, often, CPA or CMA certification. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and cost accounting software is commonly required. Strong analytical thinking, attention to detail, and effective communication are soft skills that distinguish top performers in this role. These competencies are crucial for ensuring accurate cost tracking, informed decision-making, and effective collaboration with other departments.

What are some common challenges faced by cost accountants in collaborating with other departments?

Cost accountants often work closely with production, procurement, and management teams to gather accurate financial data and analyze cost drivers. A common challenge is ensuring that all departments provide timely and precise information, as discrepancies can impact cost analysis and decision-making. Building strong communication skills and fostering relationships with colleagues in different areas of the organization can help overcome these challenges and ensure smooth collaboration.

What is the difference between Cost Accounting vs Financial Analyst?

AspectCost AccountingFinancial Analyst
Primary FocusAnalyzing and controlling manufacturing or product costsAnalyzing financial data to support investment and business decisions
Work EnvironmentManufacturing, production, or internal accounting departmentsCorporate finance, investment firms, or consulting
Required CredentialsTypically a degree in accounting or finance; certifications like CMA are commonDegree in finance, accounting, or economics; certifications like CFA are common
Employer & Industry UsageManufacturing companies, internal accounting teamsFinancial services, corporate finance departments

Cost Accounting primarily focuses on analyzing and managing costs related to production, helping companies control expenses. Financial Analysts evaluate overall financial data to guide investment and strategic decisions. While both roles require accounting or finance knowledge and similar certifications, their work environments and core responsibilities differ significantly.

Do you need a CPA to be a cost accountant?

A CPA is not required to be a cost accountant, but having a CPA or related certification can enhance job prospects and credibility. Cost accountants typically need strong accounting skills, knowledge of cost management, and proficiency with accounting software; certifications like CMA can also be valuable. Employers may have varying requirements depending on the industry and specific role.

Is cost accounting a good career?

Cost accounting is a valuable career that involves analyzing and controlling company expenses to improve profitability. It requires strong analytical skills, proficiency with accounting software, and often a certification such as CMA or CPA. The role offers steady employment opportunities across various industries and can lead to senior management positions.

What is the salary of a cost accountant?

The salary of a cost accountant typically ranges from $55,000 to $85,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced professionals with certifications like CMA can earn higher salaries. Salaries often include benefits such as bonuses and health insurance.

What are the most commonly searched types of Cost Accounting jobs in Minnesota?

The most popular types of Cost Accounting jobs in Minnesota are:

What cities in Minnesota are hiring for Cost Accounting jobs?

Cities in Minnesota with the most Cost Accounting job openings:

Cost Accounting jobs near you
Infographic showing various Cost Accounting job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 10% Part Time, 3% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $108,129 per year, or $52 per hour.

Manager, Cost Accounting

Graco, Inc.

Minneapolis, MN • On-site

$99K - $128K/yr

Full-time

Medical, Dental, Retirement

Re-posted yesterday

Graco rating

8.5

Company rating: 8.5 out of 10

Based on 24 frontline employees who took The Breakroom Quiz

84th of 491 rated machine equipment manufacturers

Job description

Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.
This role is currently based at our Minneapolis office and will transition to our new headquarters in Dayton, MN, in 2027.
The Manager, Cost Accounting is responsible for leading the accounting, strategy, and evolution of product costing, cost of goods sold, and inventory valuation in support of Graco's Global Operations and Supply Chain organization. This role ensures accurate and timely accounting in compliance with GAAP while also owning the long-term direction of cost accounting practices to support operational decision making, capital deployment, and margin improvement. This position serves as a strategic partner to operations, supply chain, and finance leadership. The individual in this position goes beyond traditional accounting oversight to help design how Graco measures, understands, and manages cost across its manufacturing and distribution footprint today and in the future.
What You Will Do at Graco
Cost Accounting Strategy, Systems and Controls
  • Own and evolve Graco's cost accounting strategy, including the long-term roadmap for product costing, inventory valuation, and overhead absorption as the business grows and manufacturing complexity increases.
  • Develop, maintain, and enhance cost accounting systems, processes, and internal controls to accurately track product costs, overhead, and inventory across global operations.
  • Analyze, calculate, and report actual and standard product costs, including direct labor, materials, and overhead, and translate results into insights that support pricing, margin management, and operating decisions.
  • Partner with operations, supply chain, and finance leadership to evaluate cost drivers, structural cost opportunities, and tradeoffs related to footprint, automation, sourcing, and capital investments.
  • Prepare and present monthly, quarterly, and annual cost related financial results, and actively contribute to management discussions on cost performance, trends, and risks.
  • Ensure strong internal controls and compliance with GAAP and company policies related to manufacturing accounting, inventory, and COGS.
  • Develop documentation and analysis to support internal and external audits, including cost accounting and inventory audits.

Inventory Control and Operational Partnership
  • Provide leadership over inventory integrity, production accounting, and inventory update processes across Graco's factories and distribution centers.
  • Lead and develop a team of inventory and cost accounting professionals responsible for monitoring inventory accuracy, valuation, and movement throughout the organization.
  • Work closely with manufacturing and distribution leaders to identify, plan, and implement inventory and cost reduction initiatives, and evaluate the financial impact of operating decisions.
  • Serve as a key financial partner to operations by translating inventory and cost data into actionable insights that improve working capital, service levels, and cost performance.

Team Leadership and Financial Management
  • Lead, mentor, manage, and staff a cost accounting team, ensuring alignment with organizational goals and promoting a culture of leadership excellence.
  • Drive team performance by setting clear goals, providing ongoing feedback, and facilitating professional growth opportunities.
  • Establish, manage, and be accountable for the annual cost accounting and inventory control budget, ensuring effective allocation of resources and alignment with organizational strategic objectives.

What You Will Bring to Graco
  • Bachelor's degree in Accounting.
  • CPA or CMA certification
  • 7+ years' experience in corporate accounting.
  • 5+ years' experience in manufacturing cost accounting, including inventory control and production processes.
  • Excellent leadership skills; 4+ years of team leadership experience preferred.
  • Strong knowledge of GAAP and cost accounting principles in a manufacturing environment.
  • Proficient working with ERP systems, preferably Oracle.
  • Strong analytical and problem-solving abilities with the ability to digest and analyze complex financial data, interpret trends, and present actionable recommendations to leadership throughout the organization.
  • Exceptional communication and presentation skills.
  • Ability to travel approximately 10% of time, both domestic and international.

Accelerators
  • Master's degree preferred.
  • Global industrial manufacturing experience and knowledge.

#LI-Hyrbid
Applicants must be legally authorized to work in the United States. This role is not eligible for immigration sponsorship now or in the future (e.g., H-1B, TN, F-1 OPT).
At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco's culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.
Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco's comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.
Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.
The base pay range for this position is listed below, exclusive of fringe benefits or other compensation. If you are hired, your final base hourly rate will be determined based on factors such as geographic location, skills, competencies, education, and/or experience. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.
$93,800.00 - $164,200.00

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