OPERATIONAL ACCOUNTINGCost Accountants

Our highly skilled Cost Accountants provide industry specific expertise to quantify the cost associated with any type of operation, product or service.

We have extensive experience in job costing, inventory analysis, data gathering, lower of cost or market analysis and multiple inventory systems and methodologies.  Management of your cost of sales is the single most important aspect to knowing your appropriate sales price. Our professionals work closely with operations to manage your inventory and cost to maximize your companies’ ability to produce profit.  Our consultants have vast industry experience, strong communication, interpersonal, analytical and technology skills required of a cost accounting professional.

Our consultants will make recommendations on the operational accounting function and system improvements.  Simply augmenting your accounting team at peak times or upgrading your staff can be the most effective solution. MCDA CCG consultants identify your needs and will tailor a solution that provides you with the best opportunity for success.

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FULL SERVICE

Cost Accountant
Duties

  • Review and Assess
  • Implement Technology and Processes
  • Oversee
  • Report

See details below for more information

Consistency

Improvement

Branching

Trusted Advisors

Review &
Assess

  • Review processes
  • Define and clearly document procedures
  • Evaluate employee training requirements for shipping, receiving, material handling, warehousing, and manufacturing areas
  • Assess and recommend improvements to storage areas
  • Assess and recommend improvements to information flows for cost reporting, overhead allocations, inventory receipts, manufacturing, and distribution
  • Review and recommend methods, equipment, systems, and technologies for order picking operations
  • Evaluate and recommend cost accounting initiatives in budgeting and tracking of inventory costs for precise cost reporting and margin management
  • Access to our knowledge base and strategic technology partners to equip your business with the high level inventory management

Implement Technology &
Processes

  • Implement new or optimize existing software technologies used in inventory control, manufacturing, distribution, and warehousing
  • Develop and implement departmental productivity tracking systems (Dashboards)
  • Define and implement customized cycle counting and physical inventory programs
  • Provide expert insight on material handling, warehouse design, inventory management, and related projects
  • Implement and manage changes to the inventory valuation method (FIFO, LIFO, Weighted Average, Standard Cost)
  • Implement process and change management for improvements to the inventory management and cost accounting in areas such as cycle counting

Optimize &
Oversee

  • Optimize and determine inputs for decision-making tools related to inventory control such as lot sizing, safety stock, and reorder points
  • Optimize and determine inputs for decision-making tools related to job costing such as overhead allocations, and cost identification
  • Provide comprehensive documentation of procedures and development of training materials
  • Complete and timely inventory cost reviews, audits and evaluations
  • Loss prevention oversight that includes best practices in fraud detection and prevention

Accurate
Reporting

  • Accurate and timely reporting of inventory costing in a manner that allows you to fully understand the cost of goods sold
  • Reporting for working capital factoring, covenants or collateral agreements
  • Audit preparation to complete the audit process in a timely and efficient manner
  • Product margin reporting and tracking for budgeting purposes
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