Cost Accountant - Paranaque

TAO Foods Company, Inc.; Parañaque; On-site; PHP 446,000 - 781,000; Full time

Job summary

TAO Foods Company, Inc. is seeking a Cost Accountant to monitor and analyze production costs, maintain inventory records, and provide timely financial reports to support management decisions.

The role ensures accurate product costing, inventory valuation, and cost control while identifying opportunities to improve efficiency and profitability. The position requires 2–5 years of cost accounting experience, strong Excel skills (Pivot Tables, VLOOKUP, XLOOKUP, Power Query), and ERP familiarity

Qualifications

• Bachelor's degree in accountancy or finance-related field.
• 2–5 years of experience in Cost Accounting, Inventory Accounting, or General Accounting.
• Experience in product costing, variance analysis, budgeting, and forecasting.
• Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUP, XLOOKUP, Power Query).
• Familiarity with ERP systems such as Microsoft Dynamics NAV or Dynamics 365 Business Central.
• Ability to prepare and present cost reports, inventory analyses, and management reports.
• Strong analytical, problem-solving, and organizational skills.

Responsibilities

• Prepare and maintain accurate product cost calculations and standard costing.
• Analyze production cost variances and recommend corrective actions.
• Monitor inventory transactions, perform inventory reconciliations, and ensure accurate inventory valuation.
• Assist in budgeting, forecasting, and cost planning activities.
• Prepare monthly cost reports, inventory analyses, and management reports.
• Review manufacturing costs and identify cost-saving opportunities.
• Ensure compliance with company policies, accounting standards, and internal controls.
• Collaborate with Production, Supply Chain, and Finance teams to improve costing accuracy and operational efficiency.
• Support month-end and year-end closing activities related to cost accounting and inventory.

Skills

Cost accounting

Inventory accounting

Budgeting & forecasting

Cost variance analysis

Cost reporting

Analytical thinking

Attention to detail

Communication skills

Education

Bachelor's Degree in Accountancy, Financial Management, Accounting Technology, or any Finance-related field

Tools

Microsoft Excel

Pivot Tables

VLOOKUP

XLOOKUP

Power Query

Financial modeling

ERP: NAV/BC or similar

Job description

Job Description

The Cost Accountant is responsible for monitoring and analyzing production costs, maintaining accurate inventory records, and providing timely financial reports to support management decision-making. This role ensures the accuracy of product costing, inventory valuation, and cost control processes while identifying opportunities to improve operational efficiency and profitability.

Key Responsibilities

• Prepare and maintain accurate product cost calculations and standard costing.
• Analyze production cost variances and recommend corrective actions.
• Monitor inventory transactions, perform inventory reconciliations, and ensure accurate inventory valuation.
• Assist in budgeting, forecasting, and cost planning activities.
• Prepare monthly cost reports, inventory analyses, and management reports.
• Review manufacturing costs and identify cost-saving opportunities.
• Ensure compliance with company policies, accounting standards, and internal controls.
• Collaborate with Production, Supply Chain, and Finance teams to improve costing accuracy and operational efficiency.
• Support month-end and year-end closing activities related to cost accounting and inventory.

Qualifications

• Bachelor's Degree in Accountancy, Financial Management, Accounting Technology, or any Finance-related field.
• Minimum of 2–5 years of experience in Cost Accounting, Inventory Accounting, or General Accounting.
• Strong experience in:
• Product costing
• Cost variance analysis
• Budgeting and forecasting
• Inventory reconciliation
• Familiarity with manufacturing processes and cost control procedures.
• Advanced proficiency in Microsoft Excel, including:
• Pivot Tables
• VLOOKUP
• XLOOKUP
• Power Query
• Financial Modeling
• Experience using ERP systems such as Microsoft Dynamics NAV, Microsoft Dynamics 365 Business Central, or similar ERP platforms.
• Ability to prepare and present cost reports, inventory analyses, and management reports.
• Strong analytical, problem-solving, and organizational skills.
• Excellent attention to detail and the ability to work independently while meeting deadlines.
• Good communication and interpersonal skills.