• Collect cost information and maintain an expenses database
• Plan and record variable costs (e.g. purchases of raw material and operations costs)
• Review standard and actual costs for inaccuracies
• Prepare budgeting reports (for the company and for each department)
• Analyze and report profit margins
• Prepare (monthly, quarterly and annual) cost forecasts
• Assisting in month-end and year-end closing
• Identify and recommend cost-effective solutions
•  Monitor and update cost estimates for projects to ensure adherence to expected cost ranges.
• Review expense reports to verify the reasonableness and appropriateness of expenses in relation to project circumstances.
• Coordinate with various departments, including human resources, payroll, accounting, and finance, to ensure accurate tracking of all costs.
• Monitor budgets to prevent overspending and ensure compliance with approved spending levels
• Gather cost data from suppliers or subcontractors to track material costs associated with projects.
• Prepare bid estimates for new projects or bids on existing projects.
• Assess incoming products, resources, and services to ensure optimal pricing and cost efficiency
• Analyze invoices to verify the receipt of correct Material /services at the expected cost.
• Prepare variance analysis reports for projects and effectively communicate findings to relevant parties.
• Validate the cost of sales across all project outlets and ensure alignment with the budget and finance department.
• Conduct physical inventories and actively monitor the cycle count program

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