551112 Cost Clerk

ANZSCO Occupation Code: 
ANZSCO Occupation Name: 
Cost Clerk
Medium and Long-term Strategic Skills List: 
Short-term Skilled Occupation List: 
PMSOL Occupation: 
ANZSCO Occupation Description: 


Calculates and investigates the cost of wages, materials, overheads and other operating expenses.
Skill Level: 4

ANZSCO Skill Level: 

5511 Accounting Clerks

ANZSCO Unit Group Code: 
ANZSCO Unit Group Name: 
Accounting Clerks
ANZSCO Unit Group Description: 


ACCOUNTING CLERKS monitor creditor and debtor accounts, undertake related routine documentation, and calculate and investigate the cost of wages, materials, overheads and other operating costs.
Indicative Skill Level:
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Certificate II or III (ANZSCO Skill Level 4)

In New Zealand:
NZ Register Level 2 or 3 qualification (ANZSCO Skill Level 4)

At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Tasks Include:

preparing and processing documentation related to accounts payable and receivable
reconciling invoices and despatching payments
calculating, analysing and investigating the costs of proposed expenditure, wages and standard costs
preparing bank reconciliations
allocating expenditure to specified budget accounts
summarising expenditure and receipts
preparing records of standard costs and values for items such as raw materials and packaging supplies
recording cost variations and contract price movements
compiling cost data for preparation of operating budgets, and profit and loss calculations
investigating the costs of proposed expenditures, quotations and estimates
preparing reports of total costs, inventory adjustments, selling prices and profits
may work in a call centre

Avg. weekly earnings - males (May 2012): 
1 300.70
Avg. weekly earnings - females (May 2012): 
Avg. weekly earnings - persons (May 2012): 
1 005.80