Cost Accountant

Data Collection

Construct data accumulation systems for a cost accounting system
Create and review the controls needed for data accumulation and reporting systems

Inventory

Coordinate physical inventory counts and cycle counts
Investigate cycle counting variances and resolve issues
Update standard costs in the bill of materials
Review standard and actual costs for inaccuracies
Validate the cost of goods sold as part of the month-end close
Accumulate and apply overhead costs as required by generally accepted accounting principles
Work with the materials review board to locate and dispose of obsolete Inventory

Analysis

Conduct ongoing process constraint analyses
Report on breakeven points by products, work centers, and factories
Report on margins by product and division
Report on periodic variances and their causes, focusing in particular on spending variances
Analyze capital budgeting requests
Perform cost accumulation tasks as a member of the target costing group

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