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Job Description
- Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor
- Analyzing data collected and recording results
- Analyzing changes in product design, raw materials, project implementation methods or services provided, to determine effects on cost
- Analyzing actual production costs and preparing periodic reports comparing standard costs to actual production costs
- Recording cost information for use in controlling expenditures
- Analyzing audits of costs and preparing reports
- Making estimates of new and proposed product costs
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services
- Maintaining Cost Accounting System
- Assisting in Month end close of the General Ledger
- Conducts physical inventories and monitors cycle count program
- Reconciles finished goods inventories
- Data Collection
- Construct data accumulation systems for a cost accounting system
- Create and review the controls needed for data accumulation and reporting systems
Inventory
- Coordinate physical inventory counts and cycle counts
- Investigate cycle counting variances and resolve issues
- Update standard costs in the bill of materials
- Review standard and actual costs for inaccuracies
- Validate the cost of goods sold as part of the month-end close
- Accumulate and apply overhead costs as required by generally accepted accounting principles
- Work with the materials review board to locate and dispose of obsolete inventory (still need to create)
Analysis
- Conduct ongoing process constraint analyses
- Report on breakeven points by projects
- Report on margins by project and division
- Report on periodic variances and their causes, focusing in particular on spending variances
- Analyze capital budgeting requests
- Perform cost accumulation tasks as a member of the target costing group
Job Requirements
- Degree in Accounting
- At least 5 years in the same field
- English language ability