Cost analyst - Salary and Career

Cost analyst - Career description, activities, functions and salary

Legalize companies, drawing up articles of association/bylaws and notifying termination with the competent bodies, administer the company's taxes, record accounting acts and facts, control permanent assets, manage costs, manage the personnel department, prepare ancillary obligations, such as: ancillary declarations to the tax authorities, competent bodies and taxpayers and manages the registration of the books in Organs appropriate bodies, prepare financial statements, provide consultancy and management information, perform internal and external audits, meet requests from supervisory bodies and carry out expertise.

How much does an Cost analyst earn

A Cost analyst earns between $1.883 and $11.592 per month, with an average monthly salary of $4.406 and a median salary of $3.350 according to an salary survey along with to data of professionals hired and fired by companies in the labor market.

Our research is based on the salaries of 64.882 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Cost analyst

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 4.406 52.871 1.101 21
1º Quartile 1.883 22.591 471 9
Median Salary 3.350 40.195 837 16
3º Quartile 8.840 106.083 2.210 42
Higher Salary 11.592 139.100 2.898 54

Professional job categories

  • Science and arts professionals
    • professionals of the social sciences and humanities
      • organization and business administration professionals
        • accountants

Related Positions:

Main workplaces

Accountants they work in accounting offices and accounting departments of agricultural, industrial, commercial and service companies, including banks. They are employees with a formal contract, except for the accounting expert who works on his own and without supervision. They usually organize themselves individually, working under supervision. They work indoors and during the day. Accounting experts can work remotely. Eventually, they work under pressure, which can lead to stressful situations.

What does it take to work in the field of Accountants

The exercise of these occupations requires a degree in Accounting Sciences. The full performance of activities occurs after four years (accountant) and more than five years (general auditor and accounting expert).

Functions and activities of Cost analyst

Accountants must:

  • manage the personnel department;
  • communicate;
  • control permanent assets;
  • manage costs;
  • perform expertise;
  • manage company taxes;
  • demonstrate personal skills;
  • provide consulting and management information;
  • fulfill requests from inspection bodies;
  • prepare ancillary obligations;
  • legalize companies;
  • provide management consulting and information;
  • prepare the financial statements;
  • register accounting acts and facts;
  • managing the company's taxes;
  • fulfilling requests from inspection bodies;
  • perform internal/external audit;
  • prepare financial statements;
  • manage the company's taxes;
  • prepare accessory obligations;

  • Activities

    • deliver lectures, seminars and training;
    • compensate taxes;
    • receive the letter of responsibility;
    • record the movement of assets;
    • work as a team;
    • demonstrate flexibility;
    • demonstrate objectivity;
    • analyze the calculated costs;
    • manage the registration of books in organs appropriate bodies;
    • remove the records from the courts;
    • generate the data to fill in the forms;
    • keep up to date;
    • return the reports and records to court;
    • demonstrate knowledge of other languages;
    • analyze the matter discussed in the case file;
    • work as a team;
    • prepare employment obligations;
    • evaluate internal controls;
    • update internal procedures;
    • elaborate budget;
    • prepare documentation and auxiliary reports;
    • acting ethically;
    • monitor the execution of the budget;
    • prepare the explanatory notes to the financial statements;
    • keep confidentiality;
    • prepare the individual and corporate income tax return;
    • classify the documents;
    • monitor the development of expert work;
    • guide the areas of the company on costs;
    • identify the possibility of reducing taxes;
    • keep up to date with legislation;
    • generate journal/ledger;
    • manage document flow;
    • use fax, telephone, internet and intranet;
    • calculate social charges on payroll, pro-labore, self-employed;
    • write tax books;
    • confront accounting information with costs;
    • classify the asset in the accounting and equity system;
    • analyze the balance sheet;
    • speak correctly;
    • define internal procedures;
    • complete the actual profit calculation book;
    • act with discretion;
    • provide advice to internal/external control entities;
    • reconcile account balance;
    • reason logically;
    • meet the external audit;
    • answer the manifestations in the opinion in the report;
    • parameterize accounting/tax and support applications;
    • control withholding taxes of self-employed and employers;
    • determine costs;
    • formalize the fee proposal;
    • maintain the chart of accounts;
    • elaborate folder;
    • ensure the information;
    • provide defense;
    • perform physical control with accounting;
    • identify the information needs of the company;
    • demonstrate basic computer skills;
    • audit financial statements;
    • due to the parties to obtain evidence;
    • participate in congresses, conventions and workshops;
    • issue an opinion;
    • keep confidential;
    • appear at labor hearings;
    • fulfill special requests and complaints;
    • provide registration information to banks and suppliers;
    • speak correctly;
    • intermediate agreements with trade unions;
    • stay considerate;
    • structuring cost centers;
    • analyze possible consequences of failures;
    • define cost and apportionment system;
    • make documents available with control;
    • collect information for tax recovery;
    • plan work to be performed;
    • analyze the reports;
    • elaborate articles of incorporation/statute;
    • prepare payroll for employees, self-employed and pro-labore, vacations, termination contractual;
    • provide information on balance sheets;
    • disclose and consult manuals;
    • participate in shareholders' meetings and in fiscal and administrative councils;
    • participate in class entities;
    • manage the employee record;
    • advise business management;
    • prepare final report with recommendation;
    • participate in the preparation of internal standards;
    • justify the adopted procedures;
    • monitor the inspection work;
    • write tax credit sheet on acquisition of fixed assets;
    • notify the assistant expert about documentation and steps;
    • send messages via email;
    • prepare accounting report and opinions;
    • fill in specific forms inherent to the company's activity;
    • follow the implementation of recommendations;
    • calculate economic and financial indices;
    • build balance sheets and other financial statements;
    • prepare accessory declarations to the tax authorities, competent bodies and taxpayers;
    • check compliance with rules, procedures and legislation;
    • define accounting procedures;
    • notify closure to the competent bodies;
    • assist in hiring an independent auditor;
    • write accounting books;
    • set the rate of amortization, depreciation and depletion;
    • structuring chart of accounts according to the company's activity;
    • prepare documentation for clearance certificates;
    • act with dynamism;
    • framing the company into a taxation system;
    • send newsletters;
    • consolidate financial statements;
    • act politely;
    • calculate taxes due;
    • stay informed;
    • make economic and financial management reports;
    • point out the possibilities for using tax incentives;
    • issue trial balances;
    • request a special regime for tax procedures, municipal, state and federal;

    Sectors that hire Cost analyst the most in the job market

    • accounting activities
    • combined office and administrative support services
    • temporary labor lease
    • business management consulting activities
    • holdings of non-financial institutions
    • road transport of cargo, except dangerous goods and removals, intercity, interstate and international
    • accounting and tax consulting and auditing activities
    • hospital care activities
    • document preparation and specialized administrative support services
    • building construction

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