Cost Accounting Assistant Manager

Glades International Corporation; Santa Rosa; On-site; PHP 800,000 - 1,400,000; Full time

Job summary

Glades International Corporation is seeking a Cost Accounting Assistant Manager in Laguna, Philippines. The role oversees cost accounting activities, standard costing, and inventory valuation, supporting the Accounting Manager with analysis and recommendations to improve efficiency and financial control.

Responsibilities include supervising daily cost accounting, coordinating with departments, and ensuring accurate, timely reporting of costs, variances, and inventory.

Qualifications

• Bachelor of Science in Accountancy required; experience in cost accounting in manufacturing favored.
• Strong knowledge of standard costing, inventory valuation, and manufacturing cost structures.
• Proficiency in financial reporting, budgeting, cost variance analysis, and internal controls.
• Excellent communication, organizational, and leadership abilities.

Responsibilities

• Supervise daily cost accounting activities and ensure timely recording of manufacturing costs.
• Oversee allocation and classification of direct materials, direct labour, and overhead costs.
• Review product costing, production costs, and cost of goods manufactured and sold.
• Maintain standard costing systems and ensure accuracy of cost records.
• Recommend improvements to cost accounting procedures and control processes.
• Ensure inventory costing policies are properly implemented and followed.

Skills

Cost accounting

Cost variance analysis

Leadership

Internal controls

Budgeting

Data analysis

Communication

Education

BSA in Accounting

Tools

Microsoft Excel

ERP systems

Job description

About the role

The Cost Accounting Assistant Manager oversees cost accounting activities to ensure accurate, reliable, and timely reporting of product costs, manufacturing expenses, inventory valuations, and operational expenditures. The role supports the Accounting Manager in maintaining effective cost accounting systems and internal controls, while providing analysis and recommendations that support sound management decisions, operational efficiency, and the organisation's financial objectives.

Key responsibilities

• Supervise and oversee daily cost accounting activities to ensure accurate and timely recording of manufacturing costs and operating expenses.
• Ensure the proper allocation and classification of direct materials, direct labour, and manufacturing overhead costs.
• Review and analyse product costing, production costs, and the cost of goods manufactured and sold.
• Maintain and monitor standard costing systems and ensure the accuracy of cost records.
• Evaluate and recommend improvements to cost accounting procedures and methodologies.
• Ensure cost accounting transactions are properly supported by relevant documentation and comply with established accounting policies.
• Oversee the costing and valuation of raw materials, work-in-process, finished goods, and other inventory items.
• Ensure the accuracy and reconciliation of inventory records against accounting records.
• Participate in physical inventory counts and investigate inventory discrepancies.
• Review material usage, production yield, scrap, wastage, and inventory adjustments.
• Ensure the proper implementation of inventory costing policies and procedures.
• Monitor budget performance, identify cost variances, and recommend cost optimisation strategies.
• Coordinate with Warehouse, Purchasing, Production, and other relevant departments to maintain accurate inventory and costing information.
• Assist with financial reporting, budgeting, internal control activities, and management decision-making.

What we're looking for

• Bachelor of Science in Accountancy (BSA) degree.
• Three to five years of relevant experience in cost accounting, preferably in a manufacturing environment.
• Previous supervisory or leadership experience in accounting or finance is preferred.
• Strong knowledge of cost accounting principles, standard costing, inventory valuation, and manufacturing cost structures.
• Knowledge of financial reporting, budgeting, cost variance analysis, and internal control systems.
• Proficiency in Microsoft Excel and accounting or Enterprise Resource Planning (ERP) systems.
• Strong analytical, organisational, leadership, and problem-solving skills.
• Good communication and coordination skills.
• Ability to manage multiple priorities and meet reporting deadlines.