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.
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.
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.