- Cost Accounting: Track direct materials, labor, and overhead costs to calculate accurate product manufacturing costs.
- Inventory Valuation: Monitor raw materials, work-in-progress (WIP), and finished goods inventory counts and valuations.
- Month-End Close: Prepare journal entries, balance sheet reconciliations, and profit-and-loss (P&L;) statements for the plant or company.
- Variance Analysis: Compare actual production costs against budgeted targets and report discrepancies to management.
- Compliance & Audits: Prepare documentation for tax filings, statutory compliances, and internal or external audits