● 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
Bachelor's degree in Accounting Experience from 3 to 5 years