Home > Salary > Israel > Cost Accounting Manager
A 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.
Estimated Yearly Salary: 397,027 ILS
Estimated Monthly Salary: 33,086 ILS
Estimated Weekly Salary: 7,635 ILS per week
Estimated Hourly Salary: 191 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 31,968 ILS
Estimated Weekly Salary: 7,377 ILS per week
Estimated Hourly Salary: 184 ILS per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 99,359 USD
Estimated Monthly Salary: 8,280 USD
Estimated Weekly Salary: 1,911 USD per week
Estimated Hourly Salary: 48 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: 397,027 ILS
Estimated Monthly Salary: 33,086 ILS
Estimated Weekly Salary: 7,635 ILS per week
Estimated Hourly Salary: 191 ILS per hour
By working as Cost Accounting Manager a person can save up to 6,094 USD per month or 73,127 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Cost Accounting Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Cost Accounting Manager salary in Israel
Average Yearly Salary of Cost Accounting Manager in Israel is approximately 397,027 ILS (99,359 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?
A 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
Job industry: Manufacturing
How much does Cost Accounting Manager make?
Salary details
How much does Cost Accounting Manager make?Estimated Yearly Salary: 397,027 ILS
Estimated Monthly Salary: 33,086 ILS
Estimated Weekly Salary: 7,635 ILS per week
Estimated Hourly Salary: 191 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 383,620 ILSEstimated Monthly Salary: 31,968 ILS
Estimated Weekly Salary: 7,377 ILS per week
Estimated Hourly Salary: 184 ILS per hour
Last revision of data: 2024-01-02Cost Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 99,359 USD
Estimated Monthly Salary: 8,280 USD
Estimated Weekly Salary: 1,911 USD per week
Estimated Hourly Salary: 48 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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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Cost Accounting Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Cost Accounting Manager in Israel earns on average:
2.06 times the average salary (or 206% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Cost Accounting Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Cost Accounting Manager in Israel earns on average:
2.06 times the average salary (or 206% of average salary).
Is Cost Accounting Manager a well paid job?
Yes, our data show that Cost Accounting Manager is a very 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 436,730 ILS and 575,689 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Accounting Manager in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 397,027 ILS
Estimated Monthly Salary: 33,086 ILS
Estimated Weekly Salary: 7,635 ILS per week
Estimated Hourly Salary: 191 ILS per hour
By working as Cost Accounting Manager a person can save up to 6,094 USD per month or 73,127 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. 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
Lebanon is 15,059 USD
Syria is 6,684 USD
Jordan is 17,210 USD
Egypt is 7,444 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Mechanic foreman (155,234 ILS per year, pre-tax.)
Wealth strategy associate (235,892 ILS per year, pre-tax.)
Infantry soldier (166,792 ILS per year, pre-tax.)
Bilingual customer service representative (93,823 ILS per year, pre-tax.)
Underwriting specialist (212,362 ILS per year, pre-tax.)
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