What are the responsibilities and job description for the Cost Accountant position at Robert Half?
Position Summary
The Cost Accountant is responsible for collecting, analyzing, and interpreting financial data related to the costs of production, operations, or other business activities. This role supports strategic planning by providing detailed cost information and recommendations to identify cost-saving opportunities and enhance efficiency.
Key Responsibilities
Cost Analysis
- Analyze manufacturing, operational, or project costs and provide detailed reports to management.
- Track and evaluate actual costs versus projected costs, identifying variances and key trends.
Budgeting and Forecasting
- Assist in developing budgets and financial forecasts, ensuring alignment with business goals.
- Partner with cross-functional teams to project future costs and recommend cost-effective strategies.
Reporting and Recordkeeping
- Prepare cost reports and summaries for internal and external stakeholders.
- Maintain accurate cost data records to support compliance, audits, and financial reporting requirements.
Cost Control
- Partner with operations and procurement teams to monitor and control expenses while improving profitability.
- Perform margin analysis to find opportunities for cost reductions or improved operational efficiency.
Inventory and Fixed Asset Management
- Oversee inventory valuation, ensuring adherence to accounting principles and an accurate understanding of inventory costs.
- Support the management of capital spending and fixed assets assessments.
Process Improvement
- Identify areas within the cost accounting process in need of optimization. Assist management in implementing process improvements.
Salary : $80,000 - $90,000
