A cost clerk reviews current costs of raw materials to check current final product costings

Cost Clerk

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

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.

Occupation snapshot
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Not available
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Moderate
Apprenticeships may be available

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

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