Cost Accountant

Unitan Construction and Development Corporation; Valenzuela; On-site; PHP 334,800 - 558,000; Full time

Job summary

A construction development company based in Valenzuela is seeking a Cost Accountant to manage project costs and ensure financial compliance. The candidate should have a Bachelor's degree in Accountancy or Finance, with 2–4 years of relevant experience. Responsibilities include tracking costs, preparing budgets, and analyzing project profitability. Proficiency in accounting software and MS Excel is essential for success in this role.

Qualifications

• 2–4 years of experience in cost accounting, preferably in the construction industry.
• Strong understanding of construction project accounting.
• CPA license is an advantage but not required.

Responsibilities

• Prepare, monitor, and update project budgets and forecasts.
• Track actual vs. budgeted costs and investigate discrepancies.
• Analyze and report on project profitability and cost performance.

Skills

Cost control

Budget management

Analytical skills

Communication skills

Organizational skills

Education

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

Tools

QuickBooks

SAP

MS Excel

Job description

Overview

The Cost Accountant is responsible for monitoring and controlling project costs, budgeting, and financial reporting for construction projects. This role ensures cost efficiency, accuracy in cost allocation, and financial compliance in support of project profitability and company objectives.

Responsibilities

• Prepare, monitor, and update project budgets, cost forecasts, and variance analyses.
• Track actual vs. budgeted project costs and investigate discrepancies.
• Maintain accurate cost records and ensure all project-related expenses are recorded correctly.
• Conduct cost allocation and cost control procedures for materials, labor, subcontractors, and equipment.
• Collaborate with project managers, engineers, and procurement teams for cost planning and budget adjustments.
• Analyze and report on project profitability and cost performance to management.
• Assist in the preparation of financial reports, billing schedules, and progress claims.
• Support internal and external audits by providing required documentation and analysis.
• Ensure compliance with accounting standards, tax regulations, and internal controls.
• Recommend cost-saving measures and process improvements.

Qualifications

• Bachelor’s degree in Accountancy, Finance, or a related field.
• At least 2–4 years of experience in cost accounting, preferably in the construction industry.
• CPA license is an advantage but not required.
• Strong understanding of construction project accounting, cost control, and budget management.
• Proficient in accounting software (e.g., QuickBooks, SAP, or construction-specific ERP systems).
• Advanced MS Excel skills and knowledge of financial reporting tools.
• Strong analytical, communication, and organizational skills.

Work location: Valenzuela City

Job Type: Full-time