Cost Accountant

eClerx; Muntinlupa; On-site; PHP 420,000 - 620,000; Full time

Job summary

eClerx is seeking a detail-oriented Cost Accountant to manage product costs, inventory, COGS, and variances, ensuring accurate financial reporting by monitoring manufacturing and inventory-related costs and providing meaningful analysis to management.

The ideal candidate has strong cost accounting knowledge, hands-on experience with inventory, variance analysis, and month-end close, and will collaborate with cross-functional teams in a manufacturing or inventory-driven environment.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 3+ years of experience in Cost Accounting, preferably within manufacturing, distribution, or inventory-driven environments.
• Strong understanding of inventory accounting, COGS, product costing, and variance analysis.
• Experience with standard and/or actual costing is preferred.
• Knowledge of FIFO and weighted average costing.
• Hands-on experience with month-end close and reconciliations.
• Strong Excel skills: PivotTables, XLOOKUP/VLOOKUP, SUMIFS.
• Experience with ERP systems (SAP, Oracle, NetSuite, Microsoft Dynamics).

Responsibilities

• Prepare and analyze product and inventory costing for accuracy.
• Reconcile inventory balances between subledger and General Ledger.
• Calculate and review COGS and gross margin.
• Analyze standard vs actual costs and investigate variances.
• Perform material, labor, overhead, and production variance analyses.
• Review inventory movements and related transactions.
• Support monthly/quarterly/year-end closings for inventory and cost accounting.
• Prepare and post journal entries for inventory, COGS, accruals, and variances.
• Assist with audits by providing schedules and reconciliations.
• Maintain organized cost accounting records and reporting.

Skills

Cost accounting

Inventory management

Variance analysis

Month-end closing

Excel and data analysis

Cross-functional collaboration

Detail-oriented

Education

Bachelor's degree in Accounting/Finance or related field

Tools

SAP

Oracle

NetSuite

Microsoft Dynamics

Job description

We are looking for a detail-oriented Cost Accountant to manage and analyze product costs, inventory, COGS, and cost variances. This role will support accurate financial reporting by monitoring manufacturing and inventory-related costs, performing reconciliations, and providing meaningful analysis to management.

The ideal candidate has strong cost accounting knowledge, excellent analytical skills, and hands-on experience with inventory, variance analysis, and month-end closing activities.

Key Responsibilities

• Prepare and analyze product and inventory costing to ensure accuracy and completeness.
• Monitor and reconcile inventory balances between the subledger and General Ledger.
• Calculate and review Cost of Goods Sold (COGS) and gross margin.
• Analyze standard costs versus actual costs and investigate significant variances.
• Perform material, labor, overhead, purchase price, and production variance analysis.
• Review inventory movements, adjustments, receipts, issues, and other transactions affecting product costs.
• Assist with monthly, quarterly, and year-end closing activities related to inventory and cost accounting.
• Prepare and post journal entries related to inventory, COGS, accruals, variances, and cost adjustments.
• Investigate discrepancies in inventory and costing data and coordinate with relevant teams to resolve issues.
• Support inventory valuation and ensure appropriate costing methodologies are consistently applied.
• Monitor and analyze manufacturing and operational costs to identify trends and opportunities for cost improvement.
• Prepare cost accounting reports and management reports as required.
• Assist with budgeting, forecasting, and cost-related analysis.
• Support internal and external audits by providing schedules, reconciliations, and supporting documentation.
• Maintain accurate and organized cost accounting records and documentation.
• Identify opportunities to improve cost accounting processes, controls, and reporting.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 3+ years of experience in Cost Accounting, preferably within a manufacturing, distribution, or inventory-driven environment.
• Strong understanding of inventory accounting, COGS, product costing, and variance analysis.
• Experience with standard and/or actual costing is highly preferred.
• Knowledge of inventory valuation methods such as FIFO and weighted average costing is an advantage.
• Hands-on experience with month-end close and account reconciliations.
• Strong Excel skills, including PivotTables, XLOOKUP/VLOOKUP, SUMIFS, and data analysis.
• Experience working with ERP systems such as SAP, Oracle, NetSuite, Microsoft Dynamics, or similar platforms.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and ability to work with large volumes of financial data.
• Good communication and coordination skills, with the ability to work with cross-functional teams.

Preferred Experience

• Manufacturing or supply chain environment
• Inventory management and reconciliation
• Standard costing and cost roll-ups
• Material, labor, and overhead variance analysisCOGS and gross margin analysis
• ERP-based inventory and costing processes
• Process improvement and financial controls