Cost-control accountant

losap

The Cost Control Accountant is responsible for monitoring, analyzing, and reporting on all cost-related activities within the farm. This role ensures accurate cost allocation, supports budgeting and forecasting processes, evaluates cost efficiency, and helps the company maintain financial discipline. The position collaborates closely with operations, procurement, and finance teams to optimize cost structures and improve profitability.


Key Responsibilities

1. Cost Monitoring & Analysis


Track, monitor, and analyze production/operational costs on a regular basis.


Compare actual costs to budgets and forecasts; investigate variances and recommend corrective actions.


Analyze material, labor, and overhead costs to identify trends and inefficiencies.


Prepare cost reports for management with clear insights and recommendations.


2. Budgeting & Forecasting


Assist in annual budgeting and periodic forecasting activities.


Provide cost estimates and support scenario planning.


Ensure cost data is accurate, up-to-date, and aligned with business objectives.


3. Cost Accounting & Controls


Maintain and update standard costing systems, cost allocation methodologies, and cost center structures.


Ensure proper recording of cost transactions in compliance with accounting standards and company policies.


Monitor inventory valuation and participate in inventory reconciliation and stocktake procedures.


Implement and enforce cost control policies and procedures.


4. Financial Reporting


Prepare monthly, quarterly, and annual cost-related financial statements.


Support management in cost-based decision making through timely and accurate reporting.


Assist external and internal auditors by providing cost-related schedules and documentation.


5. Cross-Functional Collaboration


Work with procurement to evaluate supplier pricing and cost-saving opportunities.


Support operations in analyzing manufacturing and project costs.


Partner with project managers on project cost budgeting, tracking, and closure.