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Cost accounting supervisor vs senior cost accountant

The differences between cost accounting supervisors and senior cost accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a cost accounting supervisor and a senior cost accountant. Additionally, a cost accounting supervisor has an average salary of $103,066, which is higher than the $65,824 average annual salary of a senior cost accountant.

The top three skills for a cost accounting supervisor include reconciliations, financial reports and general ledger. The most important skills for a senior cost accountant are reconciliations, variance analysis, and GAAP.

Cost accounting supervisor vs senior cost accountant overview

Cost Accounting SupervisorSenior Cost Accountant
Yearly salary$103,066$65,824
Hourly rate$49.55$31.65
Growth rate6%6%
Number of jobs32,98745,010
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 79%
Average age4444
Years of experience44

Cost accounting supervisor vs senior cost accountant salary

Cost accounting supervisors and senior cost accountants have different pay scales, as shown below.

Cost Accounting SupervisorSenior Cost Accountant
Average salary$103,066$65,824
Salary rangeBetween $78,000 And $135,000Between $48,000 And $89,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-OraSure Technologies
Best paying industry-Health Care

Differences between cost accounting supervisor and senior cost accountant education

There are a few differences between a cost accounting supervisor and a senior cost accountant in terms of educational background:

Cost Accounting SupervisorSenior Cost Accountant
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 79%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Cost accounting supervisor vs senior cost accountant demographics

Here are the differences between cost accounting supervisors' and senior cost accountants' demographics:

Cost Accounting SupervisorSenior Cost Accountant
Average age4444
Gender ratioMale, 71.0% Female, 29.0%Male, 59.7% Female, 40.3%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5%Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.3% White, 64.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between cost accounting supervisor and senior cost accountant duties and responsibilities

Cost accounting supervisor example responsibilities.

  • Lead the development of annual standard costs and update the system for BOM changes.
  • Manage quarterly inventory reserves in accordance with company policy which follows GAAP guidance.
  • Perform all duties in accordance with GAAP, SOX, and corporate accounting policies and procedures.
  • Administer employee memberships to gyms, stock purchases and other company benefits through payroll deduction.
  • Work with auditors to ensure SOX controls are accurate and that company is in compliance with them.
  • Prepare several SOX compliance reports for cost, sales distribution, collection and any other area as required.
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Senior cost accountant example responsibilities.

  • Manage quarterly inventory reserves in accordance with company policy which follows GAAP guidance.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Process month end close including journal entries, account reconciliations, variance analysis, financial statement preparation and corporate reporting.
  • Provide user training and technical support for ERP and payroll systems.
  • Implement process improvements for monthly close process and SOX documentation retention.
  • Complete account reconciliations in accordance with maintaining the integrity of assets and liabilities for balance sheet inventory accounts.
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Cost accounting supervisor vs senior cost accountant skills

Common cost accounting supervisor skills
  • Reconciliations, 9%
  • Financial Reports, 6%
  • General Ledger, 5%
  • ERP, 5%
  • External Auditors, 4%
  • Variance Analysis, 4%
Common senior cost accountant skills
  • Reconciliations, 9%
  • Variance Analysis, 6%
  • GAAP, 5%
  • Account Reconciliations, 4%
  • SR, 4%
  • SOX, 3%

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