Cost Accountant


RESPONSIBILITIES:

The Cost Accountant is responsible for preparing and reviewing financial information and organizing it in a way that provides a clear picture of the company’s fiscal health using the most accurate information to meet financial regulations.  Other responsibilities include:

  • Collecting and analyzing data about the company’s operational costs
  • Setting standard costs of manufactured goods
  • Developing and analyzing cost standards
  • Carrying out cost-volume-profit (CVP) analysis, including small businesses
  • Establishing costs of business processes such as administration, labor, shipping, etc.
  • Performing account reconciliations
  • Preparing audit reports and presenting their findings to management
  • Recommending changes to the company’s processes and policies to reduce cost and maximize profit
  • Advising executives and upper management on appropriate costing based on financial data
  • Managing the company’s balance sheets and accounting books
  • Supporting other company accountants with invoicing and capital expenditures
  • Reviewing financial statements for accuracy and legal compliance
  • Entering accounting related information into business logs
  • Inspecting account books for efficiency and accuracy
  • Organizing and updating financial records
  • Recommending ways to reduce costs and enhance revenue
  • Performing monthly bank settlements
  • Preparing documentation for external auditors

EDUCATION REQUIREMENT(S):

  • Bachelor’s degree in accounting, finance, business administration or another related field

EXPERIENCE REQUIREMENT(S):

  • 3-5 Years experience
  • Excellent understanding of the internal accounting department and procedures

Pressure Systems International (PSI) is an equal opportunity employer committed to a culturally diverse workforce.

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