Home > Salary > India > Senior Cost Accountant
A senior cost accountant is responsible for overseeing and managing the financial aspects of a company's operations. They analyze costs, pricing, and profitability to provide accurate financial information to management for decision-making purposes. Their key responsibilities include preparing and analyzing cost reports, conducting variance analysis, developing budgets and forecasts, and ensuring compliance with accounting principles and regulations. They also play a crucial role in identifying cost-saving opportunities and improving operational efficiency.
Estimated Yearly Salary: 3,130,042 INR
Estimated Monthly Salary: 260,837 INR
Estimated Weekly Salary: 60,193 INR per week
Estimated Hourly Salary: 1,505 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 252,480 INR
Estimated Weekly Salary: 58,265 INR per week
Estimated Hourly Salary: 1,457 INR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 34,826 USD
Estimated Monthly Salary: 2,902 USD
Estimated Weekly Salary: 670 USD per week
Estimated Hourly Salary: 17 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,130,042 INR
Estimated Monthly Salary: 260,837 INR
Estimated Weekly Salary: 60,193 INR per week
Estimated Hourly Salary: 1,505 INR per hour
By working as Senior Cost Accountant a person can save up to 2,007 USD per month or 24,084 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 India, see costs of living in India.
Estimated Yearly Salary for Senior Cost Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Senior Cost Accountant salary in India
Average Yearly Salary of Senior Cost Accountant in India is approximately 3,130,042 INR (34,826 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 Senior Cost Accountant do?
A senior cost accountant is responsible for overseeing and managing the financial aspects of a company's operations. They analyze costs, pricing, and profitability to provide accurate financial information to management for decision-making purposes. Their key responsibilities include preparing and analyzing cost reports, conducting variance analysis, developing budgets and forecasts, and ensuring compliance with accounting principles and regulations. They also play a crucial role in identifying cost-saving opportunities and improving operational efficiency.
Skills: Senior Cost Accountant, Financial Analysis, Cost Management, Budgeting, Variance Analysis, Compliance.
Job industry: Manufacturing
Job industry: Manufacturing
How much does Senior Cost Accountant make?
Salary details
How much does Senior Cost Accountant make?Estimated Yearly Salary: 3,130,042 INR
Estimated Monthly Salary: 260,837 INR
Estimated Weekly Salary: 60,193 INR per week
Estimated Hourly Salary: 1,505 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,029,760 INREstimated Monthly Salary: 252,480 INR
Estimated Weekly Salary: 58,265 INR per week
Estimated Hourly Salary: 1,457 INR per hour
Last revision of data: 2024-01-07Senior Cost Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 34,826 USD
Estimated Monthly Salary: 2,902 USD
Estimated Weekly Salary: 670 USD per week
Estimated Hourly Salary: 17 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Senior Cost Accountant job salary compared to average salary in India.
Comparison shows that a person working as Senior Cost Accountant in India earns on average:
1.69 times the average salary (or 169% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Senior Cost Accountant job salary compared to average salary in India.
Comparison shows that a person working as Senior Cost Accountant in India earns on average:
1.69 times the average salary (or 169% of average salary).
Is Senior Cost Accountant a well paid job?
Yes, our data shows that Senior Cost Accountant 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 Senior Cost Accountant?
High salary for Senior Cost Accountant would be somewhere between 3,443,046 INR and 4,538,561 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Cost Accountant in India?
Living in India the approximate monthly expenses are: 895 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: 3,130,042 INR
Estimated Monthly Salary: 260,837 INR
Estimated Weekly Salary: 60,193 INR per week
Estimated Hourly Salary: 1,505 INR per hour
By working as Senior Cost Accountant a person can save up to 2,007 USD per month or 24,084 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Cost Accountant
Pakistan is 2,457 USD
China is 20,061 USD
Nepal is 11,397 USD
Bangladesh is 4,389 USD
Afghanistan is 9,320 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
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Data as of 2025Random salary:
Plumber pipefitter or steamfitter (2,327,220 INR per year, pre-tax.)
Assistant vice provost (3,738,702 INR per year, pre-tax.)
Fire prevention engineer (948,497 INR per year, pre-tax.)
Aircraft maintenance technician (1,813,776 INR per year, pre-tax.)
Junior quantity surveyor (1,470,960 INR per year, pre-tax.)
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The salary estimates on this website are meant for informational purposes exclusively. We compile salary data from multiple providers, but do not ensure complete precision. Users must independently verify salaries before making financial commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any warranty regarding the correctness of the listed salary data. By using this site, you agree that salary data is not definitive.
The salary figures on optisalary.com are meant for reference use only. We collect salary data from varied sources, but do not ensure absolute accuracy. Users should independently confirm salaries before making financial commitments. Salary fluctuations occur due to industry standards, demand shifts, and location. We disclaim any warranty regarding the validity of the listed salary data. By using this site, you acknowledge that salary data is not definitive.