Cost Accountant

Eco Savers Group Ventures Inc.; Batangas City; On-site; PHP 420,000 - 640,000; Full time

Job summary

A reputable company in the energy sector is seeking a Cost Accountant to oversee the accurate recording and reconciliation of materials and fixed assets. This role is crucial for ensuring compliance with accounting standards and internal controls while supporting management with reliable information. The ideal candidate will have a Bachelor's Degree in Accountancy or Management Accounting and experience with inventory accounting, preferably in the LPG or FMCG sectors. Strong analytical and reconciliation skills are essential for this role in Batangas City.

Qualifications

• Bachelor's Degree required for the position.
• Accounting experience in LPG, FMCG, or related industries is preferred.
• Knowledge of asset management is a plus.

Responsibilities

• Oversee the accurate recording of materials and assets.
• Ensure compliance with accounting standards and policies.
• Lead monthly reconciliations of inventory and asset accounts.
• Implement and monitor internal controls related to material usage, asset tagging, and safeguarding.
• Coordinate with Operations, Procurement, and Plant Accounting to validate asset and material movements.
• Assist in audits (internal and external) by providing accurate records and documentation.
• Lead monthly reconciliations of inventory and asset-related balance sheet accounts.
• Analyze variances in material consumption and asset utilization, escalating exceptions to management.
• Support decision-making through reports on asset life cycle, material losses, and write-off proposals.

Skills

Inventory accounting

Strong analytical skills

Reconciliation skills

Knowledge of LPG operations

Education

Bachelor’s Degree in Accountancy/Mgmt. Accounting

Accountancy/Mgmt. Accounting

PRC licensure advantageous

Job description

COST ACCOUNTANT

PRIMARY ROLE AND PURPOSE

(Identify the duties, essential functions and requirements of the position) Supervisor is responsible for overseeing the accurate recording, reconciliation, and safeguarding of the company’s materials, inventories, and fixed assets. This role ensures compliance with accounting standards, internal controls, and company policies while supporting management with timely, reliable information to uphold balance sheet integrity.

KEY RESULTS AREA/S

1. Ensure accuracy of material and asset accounting records
2. Maintain updated schedules and reconciliations for all MAAC-related accounts
3. Submit reconciliations, reports, and schedules within Finance closing deadlines
4. Recommend process improvements to strengthen controls on asset and material accounting
5. Actively collaborate with Plant Accounting, General Accounting, and Operations for smooth integration.
6. Support year-end reporting and audit requirements without delay.

OPERATING NETWORK/INTERACTION

1. Work with Operations, and Metal Management to align actual plant inventory with accounting records.

SPECIFIC FUNCTION/S

Accounting & Reporting

• Oversee proper recognition, valuation, and accounting of materials and assets in accordance with company policies and PFRS standards.
• Prepare and review asset and material schedules, reconciliations, and related journal entries.
• Ensure accuracy of asset depreciation, disposals, transfers, and adjustments.

Control & Compliance

• Implement and monitor internal controls related to material usage, asset tagging, and safeguarding.
• Coordinate with Operations, Procurement, and Plant Accounting to validate asset and material movements.
• Assist in audits (internal and external) by providing accurate records and documentation.

Monitoring & Analysis

• Lead monthly reconciliations of inventory and asset-related balance sheet accounts.
• Analyze variances in material consumption and asset utilization, escalating exceptions to management.
• Support decision-making through reports on asset life cycle, material losses, and write-off proposals.

PERSON/S SPECIFICATION

(Entry qualifications)

• Education : Bachelor’s Degree
• College Degree : Accountancy/Mgmt. Accounting
• Graduate Studies : N/A
• Licensure Examinations Passed : PRC is an advantage but not required

• General Skills

• Inventory accounting, preferably in LPG, FMCG, or related industries.
• Strong analytical and reconciliation skills.
• Knowledge of LPG operations, distribution systems, and asset management is an advantage.