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.