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Cost Management Accounting Jobs (NOW HIRING)

Cost Management, Consultant Team: Financial Decision Support Location: US, Remote Travel: **This ... Must be a subject matter expert in cost accounting principles and healthcare operations. The role ...

Cost Management, Consultant Team: Financial Decision Support Location: US, Remote Travel: **This ... Must be a subject matter expert in cost accounting principles and healthcare operations. The role ...

Cost Accountant II

Hazelwood, MO · On-site

$82K - $114K/yr

Create, implement and monitor cost / management accounting system and procedures. * Responsible for monitoring and reporting on manufacturing budgets and variances. * Participates in and prepares ...

Create, implement and monitor cost / management accounting system and procedures. * Responsible for monitoring and reporting on manufacturing budgets and variances. * Participates in and prepares ...

Cost Accountant II

Hazelwood, MO · On-site

$82K - $114K/yr

Create, implement and monitor cost / management accounting system and procedures. * Responsible for monitoring and reporting on manufacturing budgets and variances. * Participates in and prepares ...

Seeking a Strategic Cost Accounting Manager Step into a highly visible leadership role where your ... and cost management strategy. • Deliver actionable insights that improve profitability ...

Cost Accounting Manager A leading manufacturing organization is seeking an experienced Cost ... Prepare and analyze monthly cost, inventory, and manufacturing performance reports for management.

Bachelor's degree in Engineering, Construction Management, Finance, Accounting, or a related field. * 7+ years of progressive experience in construction cost management, cost engineering, or project ...

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Cost Management Accounting information

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$43.5K

$110.4K

$161.5K

How much do cost management accounting jobs pay per year?

As of Aug 23, 2026, the average yearly pay for cost management accounting in the United States is $110,402.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,000.00 and $123,500.00 per year, depending on experience, location, and employer.

What is cost management accounting?

Cost management accounting is a branch of accounting that focuses on capturing, analyzing, and managing the costs associated with producing goods or services. It helps organizations plan, control, and reduce costs to improve profitability and efficiency. Cost management accountants provide valuable insights that support decision-making about pricing, budgeting, and resource allocation. Their work is essential for both short-term financial planning and long-term strategic growth.

What are the key skills and qualifications needed to thrive as a cost management accountant?

To thrive as a Cost Management Accountant, you need expertise in financial analysis, budgeting, cost control, and a degree in accounting or finance, often supplemented by a CMA or CPA certification. Familiarity with ERP systems, advanced Excel skills, and cost accounting software is typically required. Strong analytical thinking, attention to detail, and effective communication enable you to interpret data and advise management. These skills are crucial for providing accurate cost insights, optimizing company resources, and supporting strategic financial decisions.

How does a cost management accountant typically collaborate with other departments to improve cost efficiency?

Cost Management Accountants frequently work closely with operations, procurement, and production teams to analyze spending patterns and identify areas for cost reduction. They may participate in cross-functional meetings to review budgets, evaluate supplier contracts, and support process improvements. Effective collaboration ensures that cost-saving initiatives are practical and aligned with broader business goals, while also helping to foster a culture of financial accountability across the organization.

What is the difference between Cost Management Accounting vs Cost Accounting?

AspectCost Management AccountingCost Accounting
FocusPlanning, controlling, and decision-making related to costsRecording, analyzing, and allocating costs of production
Tools & TechniquesBudgeting, variance analysis, cost controlCost accumulation, cost sheets, cost reports
Work EnvironmentManagement and internal decision-makingAccounting departments, external reporting
CertificationsOften requires CMA or similar certificationsTypically CPA or accounting credentials

Cost Management Accounting emphasizes strategic planning and control of costs to aid management decisions, while Cost Accounting focuses on recording and analyzing costs for financial reporting. Both roles overlap in cost data analysis but serve different primary purposes within organizations.

Is cost management accounting a good career?

Cost management accounting is a valuable career that involves analyzing and controlling company costs to improve profitability. It requires strong analytical skills, knowledge of accounting principles, and often certification such as CMA or CPA. The role offers opportunities in various industries, with potential for career advancement and stability.

What can I do with cost management accounting?

Cost management accounting involves analyzing and controlling a company's costs to improve financial efficiency and profitability. Professionals in this field prepare cost reports, develop budgets, and support decision-making processes using tools like Excel and accounting software. They often work in manufacturing, service, or corporate environments to help optimize resource allocation and reduce expenses.

What does a cost management accountant do?

A cost management accountant analyzes and controls a company's costs to improve financial efficiency. They prepare budgets, monitor expenses, and use accounting software to track financial performance, supporting decision-making and strategic planning.
More about Cost Management Accounting jobs

What states have the most Cost Management Accounting jobs?

States with the most job openings for Cost Management Accounting jobs include:

What job categories do people searching Cost Management Accounting jobs look for?

The top searched job categories for Cost Management Accounting jobs are:

Infographic showing various Cost Management Accounting job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $110,402 per year, or $53.1 per hour.

Director, Financial Analysis & Cost Management Accounting

George Mason University

Fairfax, VA • On-site

Other

Medical, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


George Mason University rating

8.3

Company rating: 8.3 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

128th of 621 rated colleges and universities


Job description

Director, Financial Analysis & Cost Management Accounting

The Director, Financial Analysis & Cost Management Accounting, is responsible for analyzing financial data, developing forecasts, and providing strategic insights to support business decisions within the Controller's Office. The position requires a strong background in financial modeling, cost accounting principles, internal control management, compliance mandates and data-driven decision-making. Position objectives are to prepare the triennial federal facilities and administrative (F&A) cost proposal, review and support the annual fringe benefit proposal, coordinate activities related to the university's recharge committee, provide leadership support and guidance on assigned fiscal initiatives and projects, manage invoicing and reporting for state-funded sponsored projects, support financial models to support forecasting and budgeting, and support debt facility compliance. This position works collaboratively with key stakeholders on efforts that align with the needs and mission of the university. This position is an individual contributor supervising one position.

George Mason University provides a comprehensive and competitive benefits package that supports your well-being, financial security, and career growth. Highlights include: employer-supported retirement plans, tuition assistance for employees and dependents, generous paid leave, and access to professional development resources. Employees also benefit from wellness programs and services designed to promote work-life balance and overall health.

Responsibilities include supporting and working alongside other teams within Fiscal Services, as directed by supervisor, Associate Vice President and Controller, and Finance leadership on assigned fiscal projects/initiatives; supporting fiscal year-end close activities, including account reconciliations and state filings; creating and maintaining internal audit narratives that document and strengthen the control environment across the university; providing input and simulating complex financial models to support forecasting, budgeting, and strategic decision-making initiatives; facilitating the university's triennial Facilities and Administrative (F&A) rate proposal; providing analysis and feedback, including financial forecasts and models, to management and Space Committee on impact of internal decisions and external factors, such as regulatory changes; reviewing proposal prepared by contractor for overall reasonableness and accuracy prior to submission to cognizant agency (ONR); reviewing annual fringe benefit proposal prepared in Fiscal Services for overall reasonableness and accuracy; supporting the DCAA audit of the proposal percentage allocated to the F&A function; coordinating with the Recharge Committee to monitor compliance with the university's recharge policy; assisting in monitoring and tracking the private business use of facilities financed with tax-exempt bonds to ensure adherence to institutional policies and federal tax-exempt regulations; supporting the review and analysis of private business use activities within bond-financed facilities and helping compile and maintain documentation such as leases, management contracts, sponsored research agreements, and other related agreements; participating in the annual private business use survey and reporting process and collaborating with internal departments and external parties to identify and report potential private use; and maintaining comprehensive records to support audits and compliance reviews related to private business use.

Required qualifications include a bachelor's degree in related field or the equivalent combination of education and experience; 5 - 10 years of progressively responsible accounting, auditing, or financial analysis experience; familiarity with OMB Uniform Guidance, F&A (Facilities & Administrative) rate development, fringe benefit proposals, and recharge center compliance; thorough knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) requirements; understanding of fiscal year-end close processes, audit preparation, and reconciliation methods; knowledge of budget modeling, long-term forecasting, and data-driven decision support tools; understanding of risk assessment, control design, and audit trail documentation; advanced skills in Excel, ERP systems (e.g., Banner), and data visualization tools (e.g., MicroStrategy, Power BI); strong written and verbal communication; ability to draft reports, internal audit narratives, and policy documents clearly and accurately; and high attention to detail and accuracy.

Preferred qualifications include a master's degree in related field; generally, 10+ years of fiscal management, audit coordination, or compliance experience with demonstrated exposure to F&A rate proposals, recharge center management, and bond compliance; progressively responsible accounting, auditing, or financial analysis experience in a higher education or government environment; understanding of federal tax-exempt bond regulations, DCAA (Defense Contract Audit Agency) audits, and internal control standards; skilled in identifying financial discrepancies, compliance issues, and process inefficiencies, then recommending viable solutions; and ability to balance analytical depth with practical implementation of fiscal policies.


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