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Career Guidance Skills management skills S4.3 - allocating and controlling resources S4.3.1 - managing budgets or finances Perform cost accounting activities
Description
Execute the cost related activities and operations within the accounting activities such as standard cost development, average pricing analysis, margin and cost ratio analysis, inventory control, and variance analysis. Report the results to management and advise on possible courses of action to control and reduce the costs.
Occupations requiring this skill
This section is generated automatically.
Skill demand overview
- Essential in 4 occupations
- Optional in 6 occupations
- Total: 10 occupations
- Most common in: ISCO major group 1 (Managers)
Essential for
- Quantity surveyorQuantity surveyors have under their helm complete management of the cost involved in building and construction projects from the inception of the project until the delivery. They s…
- Warehouse managerWarehouse managers assume the responsibility for storage facilities. They manage the operations and the staff within. Other titles The following job titles also refer to warehouse …
- Logistics and distribution managerLogistics and distribution managers take decisions on logistic services, operations and provisions. They take internal and external variables into consideration for effective and s…
- Cost analystCost 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 re…
Optional for
- Accounting managerAccounting managers assume responsibility for all accounting activities relating to financial reporting. They develop and maintain accounting principles and procedures to ensure ti…
- Manufacturing cost estimatorManufacturing cost estimators collect and analyse data to evaluate the money, materials, labour and time required for manufacturing processes. They conduct analyses to identify (al…
- Financial managerFinancial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, e…
- Management assistantManagement assistants perform varied types of jobs, usually under general supervision. They carry out administrative tasks and support managers to ensure the entire department func…
- Accounting assistantAccounting assistants record and report ticketing accounting situations to the accountant they work with, verify deposits and prepare daily reports and income. They arrange authori…
- AccountantAccountants review and analyse financial statements, budgets, financial reports, and business plans in order to check for irregularities resulting from error or fraud, and provide …
Related skills
- Accounting
- Manage budgets
- Interpret financial statements
- Financial department processes
- Prepare financial statements
- Accounting department processes
- Statistics
- Bookkeeping regulations
- Follow the statutory obligations
- Manage staff
- Tax legislation
- Cost management
- Analyse financial performance of a company
Last updated on February 19, 2026
