Duties/ Roles & 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
