Cost Clerk

Cost Clerks calculate and investigate the cost of wages, materials, overheads and other operating expenses.

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    Stable

    Overview

    Cost Clerks calculate and investigate the cost of wages, materials, overheads and other operating expenses.

    Day-to-day

    • calculates, analyses and investigates the costs of proposed expenditure, wages and standard costs
    • prepares bank reconciliations
    • allocates expenditure to specified budget accounts
    • summarises expenditure and receipts
    • prepares records of standard costs and values for items such as raw materials and packaging supplies
    • records cost variations and contract price movements
    • compiles cost data for preparation of operating budgets, and profit and loss calculations
    • investigates the costs of proposed expenditures, quotations and estimates
    • prepares reports of total costs, inventory adjustments and selling prices and profits.

    To become a Cost Clerk

    • You can work as a Cost Clerk without formal qualifications, however, they may be useful. Some workers have Vocational Education and Training (VET) or university qualifications in areas such as engineering and construction.

      Take a Certificate III in Business Administration

    Skills employers are looking for

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