Job Description:

• 1) Applies principles of cost accounting to conduct studies which provide detailed cost information not supplied by general accounting systems: Plans study and collects data to determine costs of business activity, such as raw material purchases, inventory, and labor.

• 2) Analyzes data obtained and records results, using computer.

• 3) Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.

• 4) Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.

• 5) Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.

• 6) May develop and install manual or computer-based cost accounting system.

• 7) May specialize in analyzing costs relating to public utility rate schedule and be designated Rate Engineer.

• 8) May specialize in appraisal and evaluation of real property or equipment for sale, acquisition, or tax purposes for public utility and be designated Valuation Engineer.