What are the typical job duties of a cost accountant?

Question

In seeking employment, 'cost accountant' continues to
come up when using keywords regarding my experience
and abilities. Would I be correct in assuming a cost accountant
would basically be a bean counter?

Figuring costs down to the penny highly interests me. Would
there be a particular college course which may be helpful in this field?

Many thanks.

Answer 1

Cost Accountant I
Determines and implements cost accounting procedures and methods. Responsible for the preparation and analysis of cost reports and costing audits. Examines and reviews unusual cost records and ensures cost data is allocated correctly. May require a bachelor's degree and 0-2 years of experience in the field or in a related area. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Primary job functions do not typically require exercising independent judgment. Typically reports to a supervisor or manager.

There are four levels of this profession on the link attached... including salary ranges.

Hope this helps.
Love

Answer 2

Duties Of A Cost Accountant

Answer 3

Cost Accounting courses are available in most of the better accounting schools.Mine were taken in conjunction with the degree in Industrial Management where Time Study, Operations Analysis, Manufacturing methods were reviewed. The purpose is to determine the costs of making a product so as to establish a selling price which is profitable. This can apply to services being rendered,advice being given as well.

Answer 4

BPO- Business Process Outsourcing. These are jobs where it is more viable for a company to have an outside source do it rather than use someone on its payrolls. These jobs are generally rouyine jobs like -E.g. employee payroll is maintained in India for their employees worldwide. Although these jobs usually are not directly IT-related, their data-based orientation often means that they require IT departmental support to be successfully outsourced. It could also be jobs where people are manning the 1 - 800 phone lines round the clock for companies etc.,