Cost Accountant

Private Advertiser; Quezon City; Sur place; PHP 480 000 - 720 000; Plein temps

Résumé du poste

Private Advertiser is seeking a Cost Accountant to manage product costing, inventory valuation, and related financial reporting. The role focuses on accurate recording of production costs, BOMs, and standard costs, with strict internal controls and compliance.

The candidate will analyze cost components, monitor budgets, and work with Production, Procurement, Warehouse, and Finance to improve profitability. A 2-year cost/accounting background and advanced Excel skills are required.

Qualifications

• Bachelor's degree in accounting or related field.
• Minimum of 2 years in cost or manufacturing accounting.
• Strong understanding of cost accounting principles.

Responsabilités

• Compute, validate, and maintain product costs, BOMs, standard costs.
• Analyze cost components and variances; recommend adjustments.
• Maintain integrity of cost records in the accounting system.
• Prepare cost reports, variance analyses, and financial data for management.
• Interpret cost trends and identify opportunities to improve profitability.
• Ensure inventory records reflect physical counts and reconcile discrepancies.
• Coordinate with Production and Warehouse to resolve variances and strengthen controls.
• Monitor costs vs budgets and advocate corrective actions.
• Ensure compliance with accounting standards and internal controls.
• Collaborate with Production, Procurement, Warehouse, and Finance to ensure accurate costing.

Connaissances

Cost Accounting Principles

Inventory Valuation

Standard Costing

Variance Analysis

Budgeting and Forecasting

Financial Reporting

Microsoft Excel Advanced

Formation

Bachelor's Degree in Accountancy

Outils

ERP Systems (SAP, Oracle, Microsoft Dynamics, Odoo)

Description du poste

About the role

Responsible for the preparation, analysis, and maintenance of product costing, inventory valuation, and cost accounting reports to support management decision-making. Ensures accurate recording of production costs, inventory transactions, budget monitoring, cost allocation, and financial reporting while maintaining compliance with accounting standards, company policies, and internal controls.

Key responsibilities

• Ensure the accurate and timely computation, validation, and maintenance of product costs, inventory valuation, standard costs, and Bills of Materials (BOM) to support reliable financial reporting and operational decision-making

• Analyze production cost components, identify cost variances, and recommend appropriate adjustments to improve costing accuracy and efficiency

• Maintain the integrity of cost records by ensuring complete, accurate, and updated costing information within the accounting system

• Prepare accurate and timely cost reports, variance analyses, and financial information that provide meaningful insights to Management for strategic and operational decision-making

• Interpret production and operational cost trends, identify cost-saving opportunities, and recommend actions to improve profitability

• Ensure inventory records accurately reflect physical inventory by performing timely reconciliations and investigating discrepancies

• Coordinate with Production and Warehouse teams to resolve inventory variances and strengthen inventory control procedures

• Monitor actual costs against budgets, identify significant variances, and recommend corrective actions to improve cost efficiency

• Ensure costing and inventory accounting activities comply with accounting standards, company policies, and established internal controls

• Collaborate effectively with Production, Procurement, Warehouse, and Finance teams to ensure accurate costing information and resolve operational issues affecting inventory and production costs

About you

• Bachelor's Degree in Accountancy or its related course

• Minimum of 2 years of relevant experience in Cost Accounting or Manufacturing Accounting

• Cost Accounting Principles

• Inventory Valuation

• Standard Costing

• Bill of Materials (BOM)

• Variance Analysis

• Budgeting and Forecasting

• Financial Reporting

• Microsoft Excel (Advanced)

• ERP Systems (SAP, Oracle, Microsoft Dynamics, Odoo, etc.)