Planning, Studying, and collecting data in order to determine costs of business activity including purchases of raw material, labour and inventory.
Analyse data collected and recording results.
Analyse changes in product design, manufacturing methods, raw materials or services provided in order to determine effects on cost.
Analyse actual manufacturing costs and prepare periodic reports (compare standard costs to actual production costs).
Ensures all scheduling & budgeting (e.g. project proposal, annual operating budgets, etc.) are prepared in a coordinated way with an objective of preventing gaps.
Records cost information for use in controlling and monitoring expenditures.
Analyse audits of costs and prepare reports based on the analysis.
Prepares estimates of new and proposed product costs.
Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
Maintain Cost Accounting System.
Conduct physical inventories and monitors cycle count program.