Cost Accounting Head

The Standard Hospitality Group

Mandaluyong

On-site

PHP 1,800,000 - 3,000,000

Full time

36 hours ago
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Job summary

The Standard Hospitality Group is seeking a Cost Accounting Head to lead costing, inventory finance, and profitability strategy across our commissary and restaurant operations. You will ensure accurate product costing, inventory valuation, strong governance, and cost analysis while partnering with Culinary, Operations, Supply Chain, Procurement, and Finance.

This leadership role focuses on strengthening financial governance, improving margins, and building scalable costing processes to support

Qualifications

  • Bachelor's degree in Accountancy, Finance, or Management Accounting.
  • CPA qualification is highly preferred.
  • 10–15 years of progressive experience in Cost Accounting, Manufacturing Finance, or Inventory Finance within large restaurant groups, food manufacturing, FMCG, QSR, or hospitality organizations.
  • 8+ years in a leadership role.

Responsibilities

  • Lead end-to-end cost accounting, including standard costing, product costing, variance analysis, and margin optimization.
  • Oversee inventory management across commissary and restaurant ops, ensuring valuation, reconciliation, and controls.
  • Partner with Culinary, Supply Chain, Procurement, and Operations for recipe costing, menu profitability, yield analysis, and production efficiency.
  • Monitor food costs, inventories, wastage, shrinkage, and variances; recommend profitability initiatives.
  • Deliver actionable insights via financial analysis, dashboards, KPIs, and management reporting.
  • Lead budgeting, forecasting, and cost planning for commissary and operations.
  • Evaluate financial impact of new products, menus, processes, and capital investments.
  • Drive process improvements, automation, and data integrity via ERP systems and BI tools.
  • Ensure governance, audit readiness, inventory controls, and policy compliance.
  • Lead and develop cost accounting team; foster cross-functional collaboration.

Skills

Leadership
Inventory management
Cost accounting
Financial analysis
ERP systems
SAP Business One
SAP
Oracle
BI tools
Stakeholder management

Education

Bachelor's degree in Accountancy/Finance
CPA

Tools

SAP Business One
SAP
Oracle
Business Intelligence tools

Job description

As the Cost Accounting Head, you will lead the company’s costing, inventory finance, and profitability strategy across our commissary and restaurant operations. You will ensure accurate product costing, inventory valuation, financial controls, and cost analysis while partnering closely with Culinary, Operations, Supply Chain, Procurement, and Finance.

This is a key leadership role focused on strengthening financial governance, improving margins, optimizing costs, and building scalable costing processes that support the company’s continued growth and expansion.

WHAT YOU'LL DO:
  • Lead the end-to-end cost accounting function, including standard costing, product costing, variance analysis, and margin optimization.
  • Oversee inventory management across commissary and restaurant operations, ensuring inventory accuracy, valuation, reconciliation, and compliance with internal controls.
  • Partner with Culinary, Supply Chain, Procurement, and Operations to drive recipe costing, menu profitability, yield analysis, and production efficiency.
  • Monitor food costs, inventory movements, wastage, shrinkage, and operational variances, recommending initiatives to improve profitability.
  • Deliver actionable business insights through financial analysis, dashboards, KPIs, and management reporting.
  • Lead budgeting, forecasting, and cost planning for commissary and operational expenses.
  • Evaluate the financial impact of new products, menu launches, process improvements, and capital investments.
  • Drive process improvements, automation, and data integrity through ERP systems (preferably SAP Business One) and Business Intelligence tools.
  • Ensure strong financial governance, audit readiness, inventory controls, and compliance with accounting standards and company policies.
  • Lead and develop a high-performing Cost Accounting team while fostering strong cross-functional collaboration across the organization.
WHAT WE'RE LOOKING FOR:
  • Bachelor's Degree in Accountancy, Finance, or Management Accounting; CPA is highly preferred.
  • 10-15 years of progressive experience in Cost Accounting, Manufacturing Finance, or Inventory Finance within large restaurant groups, food manufacturing, FMCG, QSR, or hospitality organizations, with at least 8 years in a leadership role.
  • Strong background in multi-location inventory management, cost control, standard costing, inventory valuation, and financial analysis.
  • Deep expertise in recipe costing, yield management, product costing, variance analysis, and profitability improvement.
  • Hands-on experience with SAP Business One, SAP, Oracle, or similar ERP systems; experience with Business Intelligence tools is an advantage.
  • A strategic, detail-oriented leader with excellent analytical, stakeholder management, and cross-functional collaboration skills.
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