Develop and maintain cost accounting system, documentation, and records Determine the costs and efficiency of company purchasing activities Review costs for all external inventory, labor, and material purchases Analyze and recommend costs and cost savings Collect and compile purchasing data for analysis Prepare and complete internal cost audits Review and document inventory and material purchases Maintain company accounting procedures and processes Present cost estimates and budgets for new purchases Accurate record and update existing and new purchased materials and goods Compile documentation on standard costs and company production costs Assist in audits and general ledger preparation Forecasts and plans future purchasing costs according to fiscal needs