Costing Clerk Duties

Costing clerks are responsible for a wide range of duties that support the accurate allocation, tracking, and reporting of company expenses, particularly in relation to wages, materials, overheads, and other operational costs[1][7].

  • Calculating, analyzing, and investigating costs related to wages, materials, overheads, and other operating expenses[7].
  • Ensuring costs are correctly allocated to the appropriate cost codes and maintaining up-to-date allocation sheets for projects[1].
  • Managing client and supplier relationships, including verifying deliveries and resolving cost or invoice queries[1][3].
  • Matching invoices with goods received notes and ensuring queries are addressed in a timely manner[3].
  • Preparing, updating, and maintaining accurate financial records, ledgers, and expenditure accounts[2][5].
  • Generating and providing information for internal or client reports, including cost close-out reporting and summaries of expenditures and receipts[1][7].
  • Facilitating the close-out of project costs, including addressing outstanding issues and finalizing accounts[1].
  • Preparing requisitions, purchase orders, and itemized statements; compiling and reconciling inventory and fuel data[5].
  • Communicating with internal teams and attending cost or commercial meetings to ensure accurate and timely financial information flow[1].
  • Assisting finance and audit teams with projects, scheduled audits, and ad hoc requests[3].
  • Maintaining organized files for bills, records, correspondence, and supporting documentation for costs and inventories[5].
  • Providing customer service by answering queries from clients and assisting with account explanations and payment plans[2].
  • Summarizing and balancing labor, parts, and other cost charges for reporting purposes[5].

References

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