cost AccountantInteluck Corporation

A Cost Accountant is responsible for the reduction of a company's financial waste and increasing profits. Duties include determining actual costs of manufacturing or providing a service, scrutinizing associated company expenses, analyzing profitability and preparing the company budget. To effectively achieve financial objectives, Cost Accountants are required to work closely with management.
· Prepare monthly journal entries
· Review JEs carefully for anomalies and other inconsistencies
· Prepare monthly and quarterly accounting reports for submission to management
· Conduct inventory reserve analysis on a quarterly basis and generate reports
· Review rates of depreciation, labor and overhead and suggest policy changes to improve numbers
· Classify costs accurately
· Establish standard costs and update them as appropriate
· Maintain and review the general ledger and reconcile balance sheets
Analyze costs of raw materials and other supplies and create cost-benefit analyses for changing vendors