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Cost Accounting Manager salary in Colombia

Average Yearly Salary of Cost Accounting Manager in Colombia is approximately 53,264,496 COP (11,836 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Cost Accounting Manager do?

occupation personasA cost accounting manager is responsible for overseeing and managing the cost accounting function within an organization. They analyze and interpret financial data to determine manufacturing costs, product profitability, and budget variances. Their main role is to ensure accurate cost allocation, control expenses, and provide timely and reliable cost information for decision-making purposes. They collaborate with cross-functional teams to develop and implement cost-saving strategies, identify areas for improvement, and optimize operational efficiency. Additionally, they prepare and present financial reports, conduct cost audits, and assist in budgeting and forecasting processes. The key skills required for this role include strong analytical and problem-solving abilities, proficiency in cost accounting principles and techniques, knowledge of relevant software and tools, attention to detail, and effective communication skills.

Skills: Cost Accounting, Financial Analysis, Budgeting, Cost Allocation, Operational Efficiency, Decision-making.
Job industry: Manufacturing


How much does Cost Accounting Manager make?

Salary details
How much does Cost Accounting Manager make?
Estimated Yearly Salary: 53,264,496 COP
Estimated Monthly Salary: 4,438,708 COP
Estimated Weekly Salary: 1,024,317 COP per week
Estimated Hourly Salary: 25,608 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 51,556,512 COP
Estimated Monthly Salary: 4,296,376 COP
Estimated Weekly Salary: 991,471 COP per week
Estimated Hourly Salary: 24,787 COP per hour
Last revision of data: 2024-01-03



Cost Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 11,836 USD
Estimated Monthly Salary: 986 USD
Estimated Weekly Salary: 228 USD per week
Estimated Hourly Salary: 6 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.

Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Cost Accounting Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Cost Accounting Manager in Colombia earns on average:
1.98 times the average salary (or 198% of average salary).

Is Cost Accounting Manager a well paid job?

Yes, our data shows that Cost Accounting Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Cost Accounting Manager?

High salary for Cost Accounting Manager would be somewhere between 58,590,946 COP and 77,233,519 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Cost Accounting Manager in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 53,264,496 COP
Estimated Monthly Salary: 4,438,708 COP
Estimated Weekly Salary: 1,024,317 COP per week
Estimated Hourly Salary: 25,608 COP per hour
By working as Cost Accounting Manager a person can save up to 726 USD per month or 8,711 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Cost Accounting Manager

Ecuador is 11,478 USDdown arrow 3%
Details on Cost Accounting Manager salary in Ecuador
Brazil is 14,782 USDup arrow 25%
Details on Cost Accounting Manager salary in Brazil
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

(306,660,307 COP per year, pre-tax.)
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)

Data as of 2025

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Buyer industrial components (28,570,140 COP per year, pre-tax.)

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This website presents salary estimates for educational purposes exclusively.
Salary details displayed on this website are intended for informational purposes only. Our data comes from multiple sources and may not necessarily be accurate. Users should verify salary information through other means before making employment decisions. The figures listed here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We cannot guarantee that the data displayed is error-free. By accessing this website, you agree that salary information is offered 'as is' and without assurances.
This website offers salary estimates for informational purposes exclusively. While we collect data from multiple providers, we do not ensure full accuracy. Users are advised to review external platforms before making major financial decisions. Salaries fluctuate due to numerous factors, such as experience, industry trends, and negotiation tactics. We make no warranty regarding the correctness of the displayed salary data. Your continued access of this site indicates your understanding of these conditions.