Cost Clerks

Cost Clerks calculate and investigate the cost of wages, materials, overheads and other operating expenses.

What the job involves

• Calculates, analyses and investigates the costs of proposed expenditure, wages and standard costs

• Prepares bank reconciliations

• Allocates expenditure to specified budget accounts

• Summarises expenditure and receipts

• Prepares records of standard costs and values for items such as raw materials and packaging supplies

• Records cost variations and contract price movements

• Compiles cost data for preparation of operating budgets, and profit and loss calculations

• Investigates the costs of proposed expenditures, quotations and estimates

• Prepares reports of total costs, inventory adjustments and selling prices and profits