Cost Accountant

• Cost Accountants collaborate with other accountants and financial staff in the company to provide financial and accounting support to executives and department heads who establish goals and budgets for the organization. 

Job Duties & Responsibilities:

• Collecting and analyzing data about a company’s operational costs
• Setting standard costs of manufactured goods
• Develop and maintain the cost accounting system, documents, and records of the organization.
• Carrying out cost-volume-profit (CVP) analysis.
• Establishing costs of business processes such as administration, labor, shipping, etc.
• Performing account reconciliations
• Preparing audit reports and presenting their findings to management
• Recommending changes to the company’s processes and policies to reduce cost and maximize profit
• Advising executives and upper management on appropriate costing based on financial data
• Managing the company’s balance sheet and accounting books
• Supporting other company accountants with invoicing and capital expenditure
• Comply with International Financial Reporting (IFRS).