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Cost Accountant

  • Accounting
  • Contract
  • 10 months ago
  • London

Job Information

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    Salary Up to £350/ Daily / Daily
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    Job Experience : 7+ Years

Job Description

We are looking for a Cost Accountant to join our accounting department. You’ll be responsible for performing cost analyses and preparing budget reports.

You should possess excellent analytical skills along with the ability to combine different data and calculate profit margins. Our ideal candidate should also be able to create detailed reports that present cost-effective solutions for our company.

Ultimately, you should build updated databases and manage cost information to maximize profitability for our company.

Responsibilities
Collect cost information and maintain an expenses database
Construct data accumulation systems
Determine fixed costs (e.g. salaries, rent and insurance)
Plan and record variable costs (e.g. purchases of raw material and operations costs)
Review standard and actual costs for inaccuracies
Prepare budgeting reports (for the company and for each department)
Analyze and report profit margins
Prepare (monthly, quarterly and annual) cost forecasts
Assisting in month-end and year-end closing
Identify and recommend cost-effective solutions
Requirements
Proven work experience as a Cost Accountant, Cost Analyst, Accountant or similar role
Thorough knowledge of accounting procedures
In-depth understanding of Generally Accepted Accounting Principles (GAAP)
Experience with accounting software, like FreshBooks and Zoho
Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
Excellent analytical skills with an attention to detail
Strong time management skills
Integrity, with an ability to handle confidential information
BSc degree in Accounting, Finance or relevant study

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