Cost Accountant

What they do

• Collect cost information and maintain an expenses database.
• Construct data accumulation systems.
• Determine fixed costs (e.g. salaries, rent and insurance).
• Plan and record variable costs (e.g. purchases of raw material and operations costs).
• Review standard and actual costs for inaccuracies.
• Prepare budgeting reports (for the company and for each department).
• Analyze and report profit margins.
• Prepare (monthly, quarterly and annual) cost forecasts.
• Assisting in month-end and year-end closing.
• Identify and recommend cost-effective solutions.

Qualifications

• Proven work experience as a Cost Accountant, Cost Analyst, Accountant or similar role.
• In-depth understanding of Generally Accepted Accounting Principles (GAAP).
• Experience with accounting software, like FreshBooks and Zoho.
• Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables).
• Integrity, with an ability to handle confidential information.
• BS degree in Accounting, Finance or relevant study.