Cost Accountant at TakaTaka Solutions

RESPONSIBILITIES.

Cost Monitoring and Analysis:

• Develop and evaluate cost standards for all departments.
• Verify and report unit costs for each department to identify variances.
• Collect and analyze data on operational costs to track spending and identify inefficiencies.
• Analyze production and operational costs to prepare accurate cost estimates for pricing and budgeting decisions.

Budgeting and Financial Review:

• Collaborate with HODs to develop annual and quarterly budgets and budget forecasts, analysis, and reporting.
• Monitor budgets, ensuring alignment with operational and financial goals.
• Perform budget reconciliations to ensure accuracy and compliance.

Audit and Reporting:

• Prepare detailed audit reports on cost performance and compliance.
• Investigate discrepancies in financial records. 
• Advise executives and upper management on cost strategies based on financial data insights.

Advisory.

• Provide recommendations for cost reduction strategies and operational efficiency improvements.
• Collaborating with the HODs and Head of Finance to address significant budgetary variances and recommend corrective action in regards to the same.
• Develop strategies to reduce costs and study service/product pricing to ensure the best possible returns.

Asset Management.

• Maintaining the company Asset register and ensuring accuracy on all asset files, i.e., relating to company and donor projects.