#1750 Cost Accountant Job Description

Responsibilities:

• Collecting and analyzing data about a company s operational costs
• Setting standard costs of manufactured goods
• Developing and analyzing cost standards
• Carrying out cost-volume-profit (CVP) analysis, including small businesses
• 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 costs 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
• Review financial statements for accuracy and legal compliance.
• Enter accounting related information into business logs.
• Inspect account books for efficiency and accuracy.
• Organize and update financial records.
• Recommend ways to reduce costs and enhance revenue.
• Perform monthly bank settlements.
• Prepare documentation for external auditors.

Requirements:

• Bachelor s degree in accounting, finance, business administration or another related field
• At least 3 years of experience in an accounting role with similar responsibilities
• Assessing business expenses and preparing optimized budget plans
• Reviewing financial records
• Researching the market rate for key business costs
• Adjusting the company ledger to accurately reflect balance sheets.
• Performing account reconciliations
• Work in the internal accounting department and able to carry out consistent company procedures.
• Preparing and reviewing financial information and able to organize it in a way that provides a clear picture of the company s fiscal health.
• Handle billing processes including accounts receivable and accounts payable.
• Able to look for ways to improve efficiency and recognize unnecessary expenses.
• Updating company records with details about income and itemized expenses to reflect the most accurate information.
• Meeting financial regulations