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Product Costing Jobs (NOW HIRING)

This is a high-impact leadership position where you'll drive global sourcing strategy, own product costing excellence, and help shape the financial future of a major player in the consumer packaged ...

Identify and implement process improvements in financial reporting, product costing, and asset management. * Oversee system integration, data migration, and validation efforts to ensure accurate ...

The Costing Manager will also collect and validate costing from suppliers and collaborate with Product Development to achieve seasonal gross margin targets. Must have an excellent sense of numbers ...

The Costing Manager will also collect and validate costing from suppliers and collaborate with Product Development to achieve seasonal gross margin targets. Must have an excellent sense of numbers ...

The Costing Manager will also collect and validate costing from suppliers and collaborate with Product Development to achieve seasonal gross margin targets. Must have an excellent sense of numbers ...

The Costing Manager will also collect and validate costing from suppliers and collaborate with Product Development to achieve seasonal gross margin targets. Must have an excellent sense of numbers ...

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Product Costing information

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$41.5K

$112.9K

$164.5K

How much do product costing jobs pay per year?

As of Jul 13, 2026, the average yearly pay for product costing in the United States is $112,891.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,500.00 and $129,500.00 per year, depending on experience, location, and employer.

How does the Product Costing role typically collaborate with other departments within a manufacturing company?

Product Costing professionals work closely with various departments such as engineering, procurement, production, and finance. Their collaboration is crucial for gathering accurate data on material, labor, and overhead costs, which are essential for determining the true cost of a product. Regular meetings with these teams help ensure that cost estimates are up to date and reflect any changes in design, supply chain, or production processes. Effective communication and teamwork are key, as the Product Costing specialist often acts as a bridge between technical and financial functions.

What is Product Costing?

Product costing is the process of determining the total cost required to produce a product. This includes direct costs such as raw materials and labor, as well as indirect costs like overhead and utilities. Accurate product costing helps businesses set appropriate pricing, manage budgets, and improve profitability by identifying areas where costs can be reduced. It is an essential function in manufacturing and production-based industries.

What are the key skills and qualifications needed to thrive in Product Costing, and why are they important?

To succeed in Product Costing, you need strong analytical skills, a solid understanding of accounting principles, and often a degree in finance, accounting, or a related field. Familiarity with ERP systems like SAP, costing software, and advanced Excel skills are typically required, along with relevant certifications such as CMA or CPA. Attention to detail, problem-solving abilities, and effective communication are vital soft skills in this role. These competencies ensure accurate product cost analysis, support strategic pricing decisions, and enable clear reporting to guide business profitability.

What is the difference between Product Costing vs Cost Accountant?

AspectProduct CostingCost Accountant
Primary FocusCalculating and analyzing the cost of productsManaging overall cost accounting functions and financial reporting
Work EnvironmentManufacturing, production, or industrial settingsAccounting departments across various industries
CredentialsRelevant certifications like CMA or CPA often preferredCPA or CMA certifications typically required
Employer UsageManufacturers, production companiesAccounting firms, corporate finance departments

Product Costing specialists focus on determining the costs associated with manufacturing products, while Cost Accountants oversee broader cost management and financial reporting. Both roles require similar certifications and are vital in manufacturing and industrial sectors, but their scope and responsibilities differ.

More about Product Costing jobs
What states have the most Product Costing jobs? States with the most job openings for Product Costing jobs include:
Director of Costing

Director of Costing

The Hiring Advisors

Los Angeles, CA โ€ข On-site

Other

Posted 9 days ago


Job description

๐Ÿšจ WANTED: The Cost Whisperer of CPG ๐Ÿšจ

(a.k.a. the person who can smell margin leakage from three factories away)


๐Ÿ’ผ The Gig

This isnโ€™t your average โ€œmanage vendors and attend meetingsโ€ role.


This is a high-impact leadership position where youโ€™ll drive global sourcing strategy, own product costing excellence, and help shape the financial future of a major player in the consumer packaged goods world.


Responsibilities:

  • Saving money without sacrificing quality
  • Managing worldwide supplier relationships
  • Building โ€œshould-costโ€ models
  • Turning market chaos into strategy
  • Partnering with operations teams
  • Leading and developing a team
  • Traveling globally - About 20%+ international travel.


Requirements:

  • 10+ years in global sourcing, procurement, or product costing within CPG or consumer goods
  • Deep experience managing complex costing structures and supplier ecosystems
  • Strong leadership chops with 5+ years managing teams
  • The ability to balance strategy with execution
  • Excellent project management skills
  • A reputation for solving impossible problems without creating new ones
  • Comfort operating in fast-paced environments where priorities shift faster than commodity pricing
  • Can explain cost variances without inducing naps
  • Know how to survive both factory walkthroughs and executive presentations in the same day


๐Ÿ‘€ Interested?

If youโ€™re a global costing leader in CPG who thrives on strategy, negotiation, analytics, and making finance people smile unexpectedlyโ€ฆPLEASE APPLY!


Reach out to Andrew@thehiringadvisors.com for confidential consideration