Cost Accounting Manager

Advanced Outsourcing and Business Services Inc.; Metro Manila; On-site; PHP 1,800,000 - 2,400,000; Full time

Job summary

Advanced Outsourcing and Business Services Inc. is seeking a senior finance professional to lead cost accounting, inventory accounting, and fixed asset management within a manufacturing/FMCG environment. The role requires CPA certification, 8–10 years of progressive experience, and at least 3 years in a managerial capacity.

You will drive process improvements, standard costing, and ERP-driven governance, while ensuring IFRS/PFRS compliance and coordination with auditors.

Qualifications

• CPA certification required.
• Bachelor's degree in Accountancy or related field.
• 8–10 years of progressive experience in cost accounting, inventory accounting, fixed assets, and financial controllership.
• Manufacturing or FMCG industry background required.
• At least 3 years in managerial or supervisory roles.

Responsibilities

• Oversee cost accounting processes including standard costing, BOMs, routing costs, and overhead allocations.
• Review manufacturing cost reports, inventory valuations, and production cost structures.
• Analyze variances and opportunities for cost optimization.
• Lead annual standard cost updates and periodic cost roll-ups.
• Oversee inventory accounting, reporting, and reconciliation across all categories.
• Lead month-end inventory closing and physical counts.
• Oversee fixed asset lifecycle, capitalization, depreciation, and disposals.
• Drive standardization and continuous improvement of costing, inventory, and fixed asset processes.
• Ensure IFRS/PFRS compliance and internal control standards.
• Lead two specialized teams: Fixed Assets and Costing & Inventory.
• Coordinate with auditors and business stakeholders.

Skills

Leadership

Cost accounting

Inventory management

Financial controls

IFRS/PFRS knowledge

Stakeholder management

Education

CPA certification

Bachelor's in Accountancy

Tools

SAP S/4HANA

Job description

Key Responsibilities

Cost Accounting & Manufacturing Finance

• Oversee product costing processes, including standard costing, BOMs, routing costs, and overhead allocations.

• Review manufacturing cost reports, inventory valuations, and production cost structures.

• Analyze manufacturing variances and identify opportunities for cost optimization.

• Lead annual standard cost updates and periodic cost roll-ups.

• Ensure consistent costing methodologies across manufacturing facilities.

Inventory Accounting & Controls

• Oversee inventory accounting, reporting, and reconciliation across raw materials, work-in-process, finished goods, and other inventory categories.

• Monitor inventory aging, slow-moving, obsolete, and damaged stocks.

• Lead month-end inventory closing and periodic physical inventory counts.

• Investigate inventory variances and strengthen inventory controls and governance.

Fixed Asset Management

• Oversee the complete fixed asset lifecycle, including acquisition, capitalization, depreciation, impairment, transfers, and disposal.

• Ensure accurate maintenance of fixed asset registers and compliance with capitalization policies.

• Review asset capitalization requests, construction-in-progress (CIP), and project cost accounting.

• Lead physical asset verification, reconciliation, and fixed asset reporting.

Process Improvement & Systems

• Drive standardization and continuous improvement of costing, inventory, and fixed asset processes.

• Strengthen ERP master data governance and internal controls.

• Support ERP implementation, upgrades, and process transformation initiatives.

• Leverage SAP S/4HANA capabilities to improve accounting accuracy and operational efficiency.

Financial Reporting & Team Leadership

• Ensure timely and accurate month-end, quarter-end, and year-end closing activities.

• Oversee balance sheet reconciliations and management reporting.

• Ensure compliance with IFRS/PFRS, company policies, and internal control standards.

• Lead and develop two specialized teams covering Fixed Assets, and Costing & Inventory.

• Coordinate with internal and external auditors and relevant business stakeholders.

Qualifications

• Must be a Certified Public Accountant (CPA).

• Bachelor's degree in Accountancy or a related field.

• At least 8–10 years of progressive experience in cost accounting, inventory accounting, fixed assets, and financial controllership.

• Background in Manufacturing or FMCG industries is required.

• At least 3 years of managerial or supervisory experience, preferably handling multiple teams.

• Strong knowledge of manufacturing finance, standard costing, inventory management, fixed asset accounting, and financial controls.

• Hands-on expertise in SAP S/4HANA, particularly in Fixed Asset Accounting, Product Costing, and Material Ledger.

• Working knowledge of BOM costing, routing-based cost calculations, standard cost roll-ups, inventory valuation, and manufacturing variance analysis.

• Proven ability to lead process improvements, strengthen internal controls, and drive operational standardization.

• Strong leadership, analytical, problem-solving, and stakeholder management skills.

• Ability to manage multiple priorities in a fast-paced manufacturing environment.

Why Join Us?

• Take on a strategic leadership role overseeing critical finance and accounting functions.

• Lead specialized teams across costing, inventory, and fixed asset management.

• Drive process transformation and operational improvements across multiple business units.

• Work in a dynamic and established organization within the manufacturing industry.