What are the roles and responsibilities for Cost Accountant?

• Plan, study and collect data to determine costs of business activity such as raw material purchases, inventory and labour.
• Collect historical cost data to estimate costs for current or future products.
• Cost accountant advice management for product pricing based on analysis of historical data.
• Provide management with reports specify and compare factors affecting prices and profitability of products or services.
• Analyze sales trends.
• Control the expenditures and overall budget.
• Prepare regular cost reports.
• Conduct an audit of costs and prepare reports.
• Make estimates of new and proposed product costs.
• Provide management with reports specify and compare factors affecting prices and profitability of products or services.
• Maintain Cost Accounting System
• Assist in the month-end close of the general ledger.
• Conducts physical inventories and monitors cycle count program
• Reconciles finished goods inventories.