Collect cost information and maintain an expense database. Build data accumulation systems for the organization. Identify fixed costs. Plan and record variable costs. Review the organization's standard and actual costs. Prepare budget reports. Analyze and report the organization's profit margins. Monitor inventory and conduct planned and surprise inventory changes. Prepare monthly, quarterly, and annual cost forecasts. Assist with month-end and year-end closing. Identify and recommend cost-effective solutions and guide the organization's expenditures.