Finance analyst/accountant vs cost accountant

Differences between finance analyst/accountant and cost accountant duties and responsibilities

Finance analyst/accountant example responsibilities.

• Manage the full cycle finance duties including A/P, A/R, G/L and fixed-asset accounting in accordance with GAAP standards.
• Manage all monthly accruals for outsides consultant/service providers.
• Develop transfer prices and manage manufacturing inventory in an ERP system.
• Utilize accounting principles to manage quarterly regulatory settlement accruals and reporting requirements.
• Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
• Implement process improvement initiatives for the payroll cash account that facilitate early recognition of unrecord payroll expenses.
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Cost accountant example responsibilities.

• Manage ledgers and perform month end journal entries.
• Manage the payroll with ADP system and account receivable.
• Manage costing control as well as accounts payable (A/P) and accounts receivable (A/R).
• Prepare internal financial reports for treasury manage accounts include in external compliance reports.
• Prepare raw material and WIP inventory reconciliations.
• Develop tracking of GAAP inventory valuation for all inventory inherit from the bankrupt former company.
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