551112 - Cost Clerk

Description

Calculates and investigates the cost of wages, materials, overheads and other operating expenses.

Skill Level

4

Skills Assessment Authority

Caveats

No caveats apply to this occupation.

Group: 5511 Accounting Clerks

Description

monitor creditor and debtor accounts, undertake related routine documentation, and calculate and investigate the cost of wages, materials, overheads and other operating costs.

Tasks

• • preparing and processing documentation related to accounts payable and receivable
  • reconciling invoices and despatching payments
  • calculating, analysing and investigating the costs of proposed expenditure, wages and standard costs
  • preparing bank reconciliations
  • allocating expenditure to specified budget accounts
  • summarising expenditure and receipts
  • preparing records of standard costs and values for items such as raw materials and packaging supplies
  • recording cost variations and contract price movements
  • compiling cost data for preparation of operating budgets, and profit and loss calculations
  • investigating the costs of proposed expenditures, quotations and estimates
  • preparing reports of total costs, inventory adjustments, selling prices and profits
  • may work in a call centre

Skill Level

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

In Australia:

AQF Certificate II or III (ANZSCO Skill Level 4)

In New Zealand:

NZ Register Level 2 or 3 qualification (ANZSCO Skill Level 4)

At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Occupations in this Group

• • 551111 Accounts Clerk
  • 551112 Cost Clerk