Accounting Assistant

Wilmar Edible Oils Philippines, Inc.; Gingoog; On-site; PHP 240,000 - 360,000; Full time

Job summary

Wilmar Edible Oils Philippines, Inc. seeks an Accounting Assistant to manage and report project financials within the factory, covering budgeting, CAPEX tracking, and adherence to accounting standards.

You will collaborate with engineering and operations, perform ROI/NPV analyses, ensure cost allocations and timely capitalization, and support audits and internal controls.

Qualifications

• Bachelor's degree in Accountancy, Finance, or a related field.
• At least 2 years of accounting experience, preferably in manufacturing or project accounting.
• Willing to work in Bo. San Luis, Gingoog City, Misamis Oriental.

Responsibilities

• Prepare detailed project budgets (CAPEX and OPEX) with engineering/operations.
• Monitor actual project costs and perform variance analysis against budgets.
• Ensure proper cost allocation to projects, cost centers, and WBS elements.
• Perform ROI/NPV analyses for capital projects.
• Prepare and submit periodic project financial reports (monthly/quarterly).
• Maintain project accounting records in SAP.
• Track CAPEX and fixed assets; capitalize completed projects per standards.
• Review invoices and validate against POs and project progress; code expenses to projects.
• Reconcile project-related inventory usage and variances.
• Support audits and uphold internal controls.

Skills

Budgeting

Costing

Variance analysis

Internal controls

Education

Bachelor's degree in Accountancy/Finance

Tools

SAP

Job description

ROLE OVERVIEW:

The Accounting Assistant is responsible for managing, monitoring, and reporting project-related financials within the factory. This includes budgeting, cost control, Capital Expenditure (CAPEX) tracking, and ensuring compliance with accounting standards and internal controls.

DUTIES AND RESPONSIBILITIES:

Project Costing and Budget Management

• Prepare detailed project budgets Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) in coordination with engineering and operations teams.
• Monitor actual project costs and perform variance analysis against budget.
• Ensure proper cost allocation to projects, cost centers, and WBS elements.
• Perform Return on Investment (ROI) / Net Present Value (NPV) analysis for capital projects.

Financial Reporting

• Prepare and submit periodic project financial reports (monthly/quarterly).
• Provide insights on cost overruns, savings, and risks.
• Maintain accurate project accounting records in SAP.

CAPEX and Fixed Asset Accounting

• Track and monitor capital expenditures against approved budgets.
• Ensure timely capitalization of completed projects in compliance with accounting standards.
• Coordinate asset tagging and classification.

Procure-to-Pay (P2P) Oversight

• Review invoices and validate against purchase orders and project progress.
• Ensure proper coding of expenses to project accounts.
• Monitor contractor/vendor payments aligned with milestones.

Inventory and Materials Control

• Account for materials issued to projects (construction, maintenance, upgrades).
• Reconcile project-related inventory usage and variances.

Internal Controls and Compliance

• Ensure adherence to company policies, accounting standards and tax rules.
• Maintain proper documentation for all project-related transactions.
• Support internal/external audits.

Project Monitoring and Coordination

• Partner with engineering, production, and procurement teams to validate project progress.
• Ensure financial reporting reflects actual physical progress.

Forecasting and Analysis

• Prepare cost forecasts and estimate cost-to-complete.
• Analyze financial risks and provide recommendations to management.

Project Close-Out

• Reconcile all project costs upon completion.
• Perform final variance analysis vs. approved budgets.
• Facilitate closure and capitalization in SAP.

QUALIFICATIONS:

• Bachelor's degree in Accountancy, Finance, or a related field
• At least 2 years of relevant accounting experience, preferably in manufacturing or project accounting
• Willing to work in Bo. San Luis, Gingoog City, Misamis Oriental.