Cost Accountant job at NFT Consult | Apply Now

• Plan, Study, and collect data to determine costs of business activities such as raw material purchases, inventory and labor.

• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.

• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.

• Recording cost information for use in controlling expenditures.

• Making cost estimates of new and proposed products.

• Providing management with reports specifying and comparing factors affecting cost and profitability of products or services.

• Assisting in the end of month close of the General Ledger.

• Compile documentation on standard costs and company production costs.

• Reviewing prices of products to keep them in line with the expected margins considering the changes in costs and market forces. Carry out costing for Special Order Products to determine a price to charge.

• Prepare periodic Costing and Production Reports to analyze production performance and its effect on Product costs and Company expenditure.

• Carry out cost center analysis and reporting to manage company costs against budget.

• Establish and maintain a robust Activity Based Costing system to guide Financial Reporting and variance analysis.

• Recommend and participate in the execution of process improvement projects.

• Educate the operational and production teams on the management of costs and associated cost drivers.

• Compile and present financial forecasts to assist planning & decision-making.

• Prepare financial analysis for new ventures.

• Analyze company project performance and ROI.

• Conduct risk assessment and advise on ways to minimize financial risks.

• Maintain the Cost Accounting System.

• Construct data accumulation systems.

• Maintain the Company’s ERP.

• Lead and supervise the costing team.