Cost accountant

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Cost accountant Job Description Template

Our company is looking for a Cost accountant to join our team.


  • Payroll;
  • Take a lead in the review of existing costings;
  • Cost analysis and recommendations for sustainable cost reductions from the findings;
  • Work with the management teams across the business units to make sure KPIs are being met;
  • Liaise closely with external auditors at specific times during each financial year;
  • Support of the monthly management report function;
  • Responsibility for preparing standard product costings, releasing new cost standards, reporting on variances, contribution and profit evaluation;
  • Developing and maintaining rolling stock forecasts and identifying variances;
  • Assisting with reporting of the financial performance of Continuous Improvement projects;
  • Check and process department transactions, including internal transfers, external sales, and purchase invoices;
  • Managing the stock take compiling and analysing the results as appropriate;
  • Providing insight on market trends that may affect supply;
  • Support and contribute to the budgeting process and preparation of financial forecasts;
  • Maintaining product cost structures and producing meaningful cost variance analysis;
  • Updating standard costs for materials, labour and overheads, analysing variances between actual and standard cost.


  • Attention to detail;
  • Confident professional with the ability to challenge information and data;
  • Strong organisational and communication skills;
  • Numerical ability;
  • Commercially orientated;
  • Manufacturing accountant with a background in cost accounting;
  • Strong working knowledge of Microsoft Excel;
  • Ability to meet deadlines;
  • Ability to work in a pressurised environment to strict timescales;
  • Proficiency in Excel and Microsoft Office products;
  • Proactive and a self starter;
  • Good written, verbal communication and collaborative skills;
  • Team Player;
  • Ability to research, compile, analyse and interpret data;
  • A knowledge of accounting systems.