Cost accountant
Cost accountant
Posted on :
15-10-2024
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1 Vacancy
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Job Description
cost accountant analyzes a companys financial data to help with decisionmaking such as budgeting pricing and production. Their duties include:
Analyzing costs
Cost accountants analyze the costs of business activities such as raw materials inventory and labor. They also analyze organizational data to assess rates of labor depreciation and overhead.
Creating budgets
Cost accountants use their analysis to help organizations create budgets and revenue forecasts.
Developing cost reports
Cost accountants create reports that highlight the differences between budgeted and actual costs and identify unanticipated expenses.
Auditing processes
Cost accountants can help organizations identify inefficiencies unusually high operating costs and production performance lapses.
Recommending changes
Cost accountants recommend changes to policies and procedures to improve the companys cash flow.
Maintaining financial records
Cost accountants ensure the companys financial records are accurate and updated.
Tracking inventory
Cost accountants track inventory levels.
Evaluating operations
Cost accountants evaluate the performance of their operations from a financial perspective.
Cost accountants typically report to the Financial Controller Finance Manager or Plant Controller. Many employers prefer candidates to have a masters degree in accounting or business administration.
meeting with clients virtually or during sales visits. demonstrating and presenting products. establishing new business. maintaining accurate records. attending trade exhibitions, conferences and meetings. reviewing sales performance. negotiating contracts and packages.
Education
Graduation
Employment Type
Full Time
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