Calculate and track the costs of goods sold, including labor, material, and production costs. Also oversee inventory control and variation in inventory.
Track and manage business costs, including organizations' expenses, budgets, and supply chains
Assisting in month-end and year-end closing
Preparing all inventory-related journal entries at month end, defining various product, operational costs and developing depreciation schedules
Collect cost information and maintain an expenses database
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
Help in reporting weekly, monthly, and quarterly gross margins, assist in month-end closing and inventory.