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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

  • Communication Skills

  • Sales

  • Budgeting

  • Project Management

  • Microsoft Excel

  • Cost Control

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