A professional who applies principles of cost accounting to conduct studies which provide detailed cost information not supplied by general accounting systems. Responsibilities include:

• Plans study and collects data to determine costs of business activity, such as raw material purchases, inventory, and labor.
• Analyzes data obtained and records results, using computer.
• Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
• Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• May develop and install manual or computer-based cost accounting system.
• May specialize in analyzing costs relating to public utility rate schedule and be designated Rate Engineer.
• May specialize in appraisal and evaluation of real property or equipment for sale, acquisition, or tax purposes for public utility and be designated Valuation Engineer.