An employee's pay position within the salary range will be based on several factors including, but not limited to, the prevailing minimum wage for the location, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. Primary functions of cost accounting include: Ensure accurate and timely preparation of cost accounting reports, including cost of goods sold (COGS), inventory valuation, and variance analysis.