eMASCO

Recent Searches

Major Group

Clerical Support Workers

Sub-Major Group

Numerical and Material Recording Clerks

Minor Group

431

Numerical Clerks

Unit Group

4311

Accounting and Book-Keeping Clerks

Minor Unit Group

MASCO Code

4311-06

Compare

Cost Clerk

STEM

Occupation that includes Science, Technology, Engineering or Mathematics element

Cost Clerk records and maintains information on costs related to materials, labour, overheads, and other operational expenses to support budgeting and financial reporting. They compile and update cost records, verify invoices and expense documents, and assist in monitoring actual costs against budgets or project estimates. They also classify and enter financial data into accounting systems, support accounts payable and procurement documentation, and prepare basic cost summaries for review by accountants or management. The role helps ensure accurate cost tracking and supports organisational cost control and financial administration.

Tasks

Calculating, recording, and verifying costs related to wages, materials, overheads, and other operating expenses.

Collecting and classifying cost and financial data from invoices, purchase orders, expense claims, and internal departments.

Maintaining and updating cost records, cost files, and databases accurately in accounting or costing systems.

Verifying invoices, expense documents, and supporting records to ensure costing accuracy and compliance with procedures.

Allocating expenditures to the correct cost centres, budget accounts, or project codes.

Preparing basic cost reports, summaries, and supporting documents for review by accountants or management.

Assisting with budget monitoring, preparation of basic cost estimates, and comparison of actual costs against budgets or project estimates.

Monitoring inventory usage, materials consumption, and related transactions to support cost control.

Reconciling discrepancies in cost records and coordinating with suppliers or internal departments to resolve cost-related issues.

Supporting accounts payable, procurement documentation, and other routine cost administration tasks.

Skills

Basic

Attention to detail in handling cost records and figures.

Basic numeracy and accounting knowledge for cost computation.

Effective communication skills, including reading comprehension, active listening, and collaboration.

Organisational and time management skills to manage tasks efficiently.

Proficiency in computer applications, particularly Microsoft Excel.

Specific

Ability to review and interpret basic cost and financial data.

Familiarity with inventory control and management.

Knowledge of budget monitoring and procurement processes.

Knowledge of cost accounting principles and methods.

Knowledge of invoice verification and preparation of basic cost reports.

Proficiency in accurate entry and maintenance of cost and financial records.

Proficiency in generating and preparing basic costing reports and summaries.

Proficiency in Microsoft Excel for cost tracking and report preparation.

Proficiency with accounting or Enterprise Resource Planning (ERP) software for cost tracking.

Additional Info

QUALIFICATION

Sijil Pelajaran Malaysia (SPM) or Equivalent

Related Courses

Claimable Course

e-Latih Online Course

Minor Unit Group

Energy Audit Assistant Technician

4311-09

Compliance Assistant

4311-10

Audit Assistant Grade W1

📌 NOTICE 📌