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Cost Accountant

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Cost Accountant


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Cost Accountant
Job Description

Post Body

We are seeking a Cost Accountant to join our accounting team. Cost assessments and budget reports will be your responsibility.

You should be able to combine different data sets and determine profit margins, as well as have great analytical skills. In addition, our ideal candidate should be able to produce extensive reports that outline cost-effective alternatives for our organisation.

To enhance our company's profitability, you should construct updated databases and handle cost information.

Cost Accountant
  • Maintain an expense database and collect cost information.
  • Build data-gathering systems
  • Establish the fixed expenses (e.g. salaries, rent and insurance)
  • Plan and keep track of variable costs (e.g. purchases of raw material and operations costs)
  • Check for inconsistencies in both standard and real costs.
  • Make budget reports (for the company and for each department)
  • Profit margins should be examined and reported.
  • Create cost predictions (monthly, quarterly, and annual).
  • Assisting with month-end and year-end closure procedures.
  • Determine the most cost-effective methods and make recommendations.
Cost Accountant
  • Work experience as a Cost Accountant, Cost Analyst, Accountant, or in a similar function is required.
  • Accounting procedures must be thoroughly understood.
  • Detailed knowledge of Generally Accepted Accounting Principles (GAAP) (GAAP)
  • Accounting software experience, such as FreshBooks and Zoho, is preferred.
  • MS Excel in particular requires computer literacy (familiarity with VLOOKUPs and pivot tables)
  • Excellent analytical abilities and a keen eye for detail
  • Excellent time management abilities
  • Integrity, as well as the ability to handle sensitive data
  • BSc in Accounting, Finance, or a related field of study

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