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How much do costing manager jobs pay per year?

As of Jun 22, 2026, the average yearly pay for costing manager in the United States is $107,007.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,500.00 and $121,500.00 per year, depending on experience, location, and employer.

What is the job of a cost manager?

A cost manager is responsible for analyzing, controlling, and monitoring a company's expenses to ensure projects and operations stay within budget. They prepare cost estimates, track financial performance, and collaborate with teams to optimize resource allocation, often using tools like spreadsheets and cost management software. Strong analytical skills and attention to detail are essential for this role.

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

To thrive as a Costing Manager, you need strong analytical skills, a solid background in finance or accounting, and typically a bachelor’s degree in a related field. Familiarity with ERP systems, advanced Excel skills, and sometimes certifications like CMA (Certified Management Accountant) are commonly required. Attention to detail, problem-solving abilities, and effective communication set top performers apart in this role. These skills ensure accurate cost control, informed decision-making, and efficient collaboration across departments, which are vital for organizational profitability.

What is the difference between Costing Manager vs Cost Analyst?

AspectCosting ManagerCost Analyst
CredentialsBachelor's degree in finance, accounting, or related field; often certifications like CMA or CPABachelor's degree in finance, accounting, or related field; certifications like CMA are common
Work EnvironmentOversees costing departments, collaborates with multiple teams, strategic planningAnalyzes cost data, prepares reports, supports budgeting processes
Industry UsageUsed in manufacturing, construction, and large-scale industriesCommon across manufacturing, retail, and service sectors

The Costing Manager focuses on overseeing the entire costing process, managing teams, and strategic cost control. In contrast, the Cost Analyst primarily analyzes cost data, prepares reports, and supports budgeting. Both roles require similar credentials and are vital in cost management, but the manager has a broader, supervisory scope.

What jobs in the US pay $300,000 a year?

For a Costing Manager, annual salaries of $300,000 or more are typically found in senior or executive-level roles within large corporations, especially in industries like finance, consulting, or manufacturing. High compensation often requires extensive experience, advanced certifications, and strong expertise in cost analysis, financial modeling, and strategic planning.

What are Costing Managers?

Costing Managers are professionals responsible for analyzing, controlling, and managing the costs associated with a company's products, projects, or services. They oversee cost estimation, budgeting, and reporting to ensure that business operations remain financially efficient and profitable. Their role often involves collaborating with production, finance, and procurement teams to identify cost-saving opportunities and improve overall financial performance. Costing Managers also help set pricing strategies and ensure compliance with financial regulations.

How does a Costing Manager typically collaborate with other departments to ensure accurate project budgeting?

A Costing Manager works closely with departments such as procurement, engineering, production, and finance to gather necessary cost and operational data. This collaboration ensures that all inputs—such as materials, labor, overhead, and logistics—are accurately captured in project budgets. Regular meetings and cross-departmental reviews are common, allowing the Costing Manager to address discrepancies, update estimates with real-time data, and help teams stay within budget constraints. This integrated approach supports informed decision-making and financial transparency across the organization.

Which manager is highly paid?

Among managerial roles, executive managers such as Chief Financial Officers (CFOs) and Vice Presidents tend to have the highest salaries, often exceeding those of other managers like Costing Managers. Compensation varies based on industry, company size, and experience, but top-level managers generally earn the highest pay in organizations.

How much do cost managers make in the US?

Cost managers in the US typically earn an average salary of around $80,000 to $120,000 per year, depending on experience, industry, and location. Senior roles or those with specialized skills and certifications can earn higher salaries, often exceeding $130,000 annually.
More about Costing Manager jobs
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What are the most commonly searched types of Costing jobs? The most popular types of Costing jobs are:
What states have the most Costing Manager jobs? States with the most job openings for Costing Manager jobs include:
Costing Manager jobs near you
SAP Finance Consultant- Product Costing Manager

SAP Finance Consultant- Product Costing Manager

Pwc

Fayetteville, AR

$99K - $232K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 hours ago

PwC rating

8.4

Company rating: 8.4 out of 10

Based on 74 frontline employees who took The Breakroom Quiz

19th of 57 rated business consultants

Job description

Industry/Sector

Not Applicable

Specialism

SAP

Management Level

Manager

Job Description & Summary

The Opportunity
As a SAP Finance Consultant- Product Costing Manager, you will specialize in providing consulting services for SAP finance applications, analyzing client requirements, implementing software solutions, and offering training and support for seamless integration and utilization of SAP finance applications. Within our Technology Consulting practice, you will enable clients to optimize financial processes, improve financial reporting, and achieve their strategic objectives. As a Manager, you will lead teams and manage client accounts, focusing on strategic planning and mentoring junior staff. You are accountable for confirming project success and maintaining standards. Enhancing your leadership style, you motivate, develop, and inspire others to deliver quality. You are responsible for coaching, leveraging team members' unique strengths, and managing performance to deliver on client expectations. With your growing knowledge of how business works, you play an important role in identifying opportunities that contribute to the success of our Firm. You are expected to lead with integrity and authenticity, articulating our purpose and values in a meaningful way. You embrace technology and innovation to enhance your delivery and encourage others to do the same.
Responsibilities
- Analyzing client requirements to implement SAP finance solutions that optimize financial processes and reporting
- Leading teams in the strategic planning and execution of SAP finance application projects
- Managing project timelines, budgets, and deliverables to achieve client objectives
- Providing training and support for seamless integration and utilization of SAP finance applications
- Developing and mentoring team members to enhance their skills and performance
- Collaborating with clients to identify opportunities for business process improvement and financial transformation
- Utilizing financial management software to support budgeting, forecasting, and financial reporting
- Monitoring and analyzing financial trends to provide insights and recommendations
- Upholding professional and technical standards while addressing conflicts and engaging in challenging conversations with stakeholders
- Embracing technology and innovation to enhance service delivery and encourage team adoption
What You Must Have
- At least a Bachelor's degree
- At least 4 years of experience
What Sets You Apart
- Preference for at least one of the following fields of study: Commerce, Computer and Information Science, Finance, Information Technology, Management Information Systems
- Demonstrating proficiency in SAP FI and SAP FICO modules
- Utilizing financial forecasting and financial modeling skills
- Excelling in financial statement analysis and financial reporting
- Embracing change and innovation in financial management software
- Developing skills in budgetary management and financial planning
- Mentoring others in accounting and financial reporting standards

Travel Requirements

Up to 60%

Job Posting End Date

The salary range for this position is: $99,000 - $232,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAs PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlines

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