Cost Accounting:

1. Develop and maintain cost accounting systems and procedures to track and analyze costs related to production, operations, and overhead.
2. Prepare and analyze cost reports, including cost of goods sold (COGS), gross margins, and variances.
3. Conduct cost analysis to support budgeting, forecasting, and financial planning.
4. Monitor and report on cost trends, variances, and profitability.
5. Collaborate with other departments to identify and implement cost-saving initiatives.
6. Ensure compliance with internal controls and accounting standards.

Inventory Control:

1. Oversee and manage inventory levels to ensure accuracy and optimal stock levels.
2. Implement and maintain inventory control procedures, including inventory reconciliation and cycle counting.
3. Conduct regular audits of inventory and resolve discrepancies.
4. Coordinate with procurement and production teams to ensure timely replenishment of inventory.
5. Analyze inventory turnover rates and optimize inventory levels to minimize carrying costs and stockouts.
6. Prepare and analyze inventory reports, including inventory valuation and aging reports.

 Reporting and Analysis:

1. Prepare and present regular reports on cost and inventory performance to management.
2. Analyze financial data to identify trends, anomalies, and opportunities for improvement.
3. Provide insights and recommendations based on cost and inventory analysis.

 Compliance and Documentation:

1. Ensure adherence to accounting principles, company policies, and regulatory requirements.
2. Maintain accurate and complete documentation related to cost accounting and inventory control.

Collaboration and Communication:

1. Work closely with finance, production, and procurement teams to align cost and inventory management practices with overall business objectives.