Cost Accountant

HMR Philippines, Inc.; Mandaluyong; On-site; PHP 446,400 - 669,600; Full time

Job summary

A leading retail firm in Mandaluyong is looking for a General Cost Accountant to analyze production costs, prepare monthly financial reports, and support budgeting and inventory processes. The ideal candidate holds a Bachelor's degree in Accountancy, has 2-4 years of experience in cost accounting, and is proficient in MS Excel. CPA certification is preferred. This position requires strong analytical skills and a proactive approach to work.

Qualifications

• 2–4 years of relevant experience in cost accounting, preferably in a retail, manufacturing, or warehousing environment.
• Strong knowledge of Philippine Financial Reporting Standards (PFRS) and relevant tax regulations.
• Detail-oriented with strong analytical skills.

Responsibilities

• Analyze and record product costs including materials, labor, and overhead.
• Prepare monthly cost reports and profitability analyses.
• Work closely with operations and purchasing departments to verify actual costs.

Skills

Cost analysis

Variance monitoring

Budget preparation

Financial reporting

Problem-solving

Interpersonal skills

Education

Bachelor’s degree in Accountancy, Finance, or related field

Certified Public Accountant (CPA)

Tools

MS Excel

SAP

Oracle

QuickBooks

Job description

The General Cost Accountant is responsible for preparing and analyzing cost records, reports, and financial data. The role ensures accurate costing of products, monitors variances, and supports budgeting and inventory control processes to help management make informed financial decisions.

• Analyze and recordproduct costs, including materials, labor, and overhead.
• Monitorcost variancesand investigate significant differences from standard or expected costs.
• Preparemonthly cost reports, profitability analyses, and inventory valuation reports.
• Maintain and updatestandard cost structuresin the accounting system.
• Work closely with operations, purchasing, retail, and warehouse departments to verify actual costs and identify areas for cost reduction.
• Assist in the preparation ofbudgets and forecasts, especially related to cost of goods sold (COGS), raw materials, and production costs.
• Participate inphysical inventory countsand reconcile inventory records.
• Ensure compliance with internal control procedures and accounting standards.
• Supportauditsby preparing required schedules and documentation.
• Recommend improvements to accounting systems, cost processes, and operational efficiencies.

• Bachelor’s degree in Accountancy, Finance, or a related field.
• Certified Public Accountant (CPA)is preferred but not required.
• At least2–4 years of relevant experiencein cost accounting, preferably in aretail, manufacturing, or warehousingenvironment.
• Strong knowledge ofPhilippine Financial Reporting Standards (PFRS)and relevant tax regulations.
• Proficient in MS Excel and familiar with accounting systems (e.g., SAP, Oracle, QuickBooks).
• Detail-oriented with strong analytical and problem-solving skills.
• Good communication and interpersonal skills; able to coordinate with cross-functional teams.
• Must be trustworthy, proactive, and capable of working with minimal supervision.
• Willing to work on-site and travel to warehouses or branches if necessary.