- Collect cost information and maintain expense database
- Building the organization's data accumulation systems
Determine fixed costs (such as salaries, rent, insurance)
Plan and record variable costs (eg raw material purchases, process costs)
Review the standard and actual costs of the enterprise
Preparing budget reports (for the organization and for each department separately)
- Analyze and report the profit margins of the company
- Preparing monthly, quarterly and annual cost forecasts
- Help close the end of the month and the end of the year
Defining and recommending cost-effective solutions and directing the expenses of the organization