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Job Description

Purpose Statement
The Cost Accountant, under the direction of the Controller, is responsible for the on-going cost analysis, margin analysis, and tracing costs back to underlying activities. The cost accountant must also construct and monitor those cost-effective data, needed to provide an appropriate level of costing for financial statement and report preparation, and for supervision and control of the general accounting area. The employee will also be required to identify and recommend further areas for growth, expansion and cost saving

Key Accountabilities
i. Operational/Professional/Business/Financial Results
* Construct data base for a cost accounting system
* Create and review the necessary control points which are required for cost information system
* Provide the management with weekly/monthly & yearly required cost analysis reports
* Update standard cost, experience of job costing, process costing & conversion costing
* Report on breakeven point for various legal entities
* Report on margins by product and division
* Report on periodic variance analysis and their causes
* Validate the cost of goods sold as part of the month-end close
* Analyse capital budgeting requests
* Coordinate physical inventories counts
* Liaise with Inventory group in order to avoid or dispose of obsolete inventory
* Analyse and report manufacturing/selling overhead costs
* Responsible for producing reports in conformity with general accepted accounting principles

Posted By National