Description
Cost analysts prepare regular costs, budgeting analyses and reports in order to contribute to the overall cost planning and forecasting activities of a business. They review and reconcile key balance sheets and identify new opportunities to save costs.
EssentialOptional
Theoretical Knowledge
Practical Skills
prepare cost-plus pricing modelsprovide cost benefit analysis reportscontrol of expensesperform cost accounting activitiesassess financial viabilityevaluate budgetsinterpret financial statementssynthesise financial informationidentify process improvementsanalyse transportation costsanalyse financial performance of a companyanalyse financial riskprepare financial statementssupport development of annual budgetexert expenditure controlmanage payroll reportscalculate production costsadvise on tax planningexecute analytical mathematical calculationscreate a financial reportmanage budgetscarry out tenderingenforce financial policiesexplain accounting recordsmanage inventorydisseminate information on tax legislationnegotiate supplier arrangementscreate a financial plan