A cost accounting manager is usually a supervisor or department manager for a specialized accounting group within a company. The cost accounting manager reports on any variances between ideal and actual costs, analysis on how those variances occurred, and recommendations to reduce them. The cost accounting manager will typically offer frequent reports and accounting analysis to upper management related to opportunities to control costs and wastes and increase profitability.

Cost Accounting Manager Tasks

• He should analyze deeply the original product. The costs of materials, processes, and labor to determine methods of reducing production costs.
• Develop and implement a company's cost control procedures and policies.
• Prepare product cost statements, investigating products to establish manufacturing costs.
• Contribute to creating budgets and ensure production costs remain within budget.

Ken Kremsky is a name well written in this field. Equally popular for his success, he is known to be one of the greatest strategists in terms of finance now. Twenty two years of hard work and dedication has made the man that he is today. He has had a long-term experience in this field, thus making him getting counted among the best. Quite renowned in his field, Ken Kremsky is a master in strategic financial management. Strategic financial management is a process by which the financier comes up with fresh and effective strategies as and when needed to better the overall situation of the business, to manage costs, to better the return from investments and the like.

Ken possesses more than 22 years of experience in corporate and field manufacturing. He is focused on helping organizations to reduce their costs and improve productivity. He helps many companies in his career to reduce their cost of product without being reduces their quality. He goes to the core of the product and finds out how we can deduct some cost which may cause a huge difference. Due to constant process improvements and other streamlining initiatives he managed in cost reductions totaling $75mm annually.

About Ken Kremsky

Currently, Ken Kremsky is working as a consultant for a private equity firm in Pennsylvania. Here, he implements the new ERP accounting software and facilitates A2R process for the acquisition of the company. Regarding his education credentials, He pursued in Bachelor of Science in Accounting from Pennsylvania State University. Thereafter, he completed his Master of Business Administration in Finance from LaSalle University.

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