Summary
The Cost Accountant is responsible for collecting, analyzing, and reporting on the company’s costs. The Cost Accountant will work with management to identify cost-saving opportunities and improve the company’s profitability.
Responsibilities
- Collect and analyze cost data. This includes collecting data on the company’s direct and indirect costs, as well as its fixed and variable costs.
- Develop cost standards. This includes developing standards for the company’s costs, such as labor hours per unit and material costs per unit.
- Identify cost-saving opportunities. This includes analyzing cost data to identify areas where costs can be reduced.
- Improve the company’s profitability. This includes implementing cost-saving measures and making recommendations to management on how to improve the company’s profitability.
- Prepare cost reports. This includes preparing reports on the company’s costs, such as cost of goods sold reports and variance reports.
- Other duties as assigned. This may include a variety of other tasks related to cost accounting, such as preparing presentations, conducting training, and providing support to other departments.
Qualifications
- Bachelor’s degree in accounting, finance, or a related field.
- Experience in cost accounting.
- Strong understanding of accounting principles and procedures.
- Excellent analytical and problem-solving skills.
- Ability to work independently and as part of a team.
- Excellent written and verbal communication skills.