Cost Accounting Specialist

Private Advertiser; Quezon City; On-site; PHP 469,000 - 725,000; Full time

Job summary

Private Advertiser in Metro Manila is seeking a Cost Accounting Specialist to manage import cost computation, inventory valuation, COGS monitoring, and P&L reporting. You will work with Microsoft Dynamics 365 Business Central to record transactions and prepare regulatory documents.

Candidates should have a Bachelor's in Accountancy and 2–3 years in cost/inventory accounting, with solid Excel skills and ERP experience. On-site work three days a week and occasional fieldwork are required.

Qualifications

• Bachelor’s degree in Accountancy.
• 2–3 years of cost accounting, inventory accounting, general accounting, or a similar role.
• Experience in import costing, inventory valuation, COGS, and project accounting is an advantage.
• Knowledge of BIR and DOE reporting requirements is preferred.
• Experience using ERP systems, preferably Microsoft Dynamics 365 Business Central.
• Proficient in Microsoft Excel, including formulas and data analysis.
• Strong attention to detail and ability to work with large volumes of financial and inventory data.
• Good analytical, organizational, and problem-solving skills.
• Must be willing to work on-site three (3) days a week and conduct fieldwork as needed.

Responsibilities

• Compute import unit cost and landed cost for every shipment.
• Ensure freight, duties, taxes, and other import-related charges are properly allocated.
• Maintain and regularly update the Import Cost Monitoring Dashboard.
• Prepare and post PPI entries in Business Central accurately and on time.
• Review and validate project liquidations and ensure timely posting in Business Central.
• Compute PMS incentives based on approved guidelines.
• Prepare accurate and timely project P&L reports.
• Provide project-level cost and profitability information to support management decisions.
• Conduct monthly inventory counts and variance analysis.
• Review inventory variances and ensure required adjustments are properly approved before posting.
• Update and review COGS by business unit on a weekly basis.
• Ensure inventory variances are properly reconciled and resolved before month-end closing.
• Prepare and submit monthly ORB Reports to BIR and DOE Excise Tax Reports accurately and on time.
• Prepare the Annual Inventory Report and supporting physical count documentation.
• Maintain complete and audit-ready regulatory records.
• Coordinate with relevant teams to address and resolve documentation or compliance issues.
• Prepare and maintain monthly cost and inventory balance sheet schedules.
• Ensure schedules are accurate and submitted within the monthly closing timeline.
• Maintain complete supporting documents for importations, inventory counts, project liquidations, and other cost-related transactions.
• Provide audit support files and documentation promptly when requested.

Skills

Excel

Analytical skills

Organizational skills

Problem-solving

Attention to detail

Education

Bachelor’s degree in Accountancy

Tools

Microsoft Dynamics 365 Business Central

Job description

About the Role

We are looking for a Cost Accounting Specialist who will be responsible for accurate import cost computation, inventory valuation, COGS monitoring, project liquidation and P&L reporting, regulatory submissions, and monthly balance sheet schedules.

The role will ensure that cost and inventory-related transactions are properly recorded in Microsoft Dynamics 365 Business Central, reports are completed on time, and supporting documents are accurate and audit-ready.

Key Responsibilities

1. Import Cost Computation

• Compute import unit cost and landed cost for every shipment.

• Ensure freight, duties, taxes, and other import-related charges are properly allocated.

• Maintain and regularly update the Import Cost Monitoring Dashboard.

• Prepare and post PPI entries in Business Central accurately and on time.

2. Project Liquidation & P&L Reporting

• Review and validate project liquidations and ensure timely posting in Business Central.

• Compute PMS incentives based on approved guidelines.

• Prepare accurate and timely project P&L reports.

• Provide project-level cost and profitability information to support management decisions.

3. Inventory Valuation & COGS Monitoring

• Conduct and coordinate monthly inventory counts and variance analysis.

• Review inventory variances and ensure required adjustments are properly approved before posting.

• Update and review COGS by business unit on a weekly basis.

• Ensure inventory variances are properly reconciled and resolved before month-end closing.

4. Regulatory Reporting

• Prepare and submit monthly ORB Reports to BIR and DOE Excise Tax Reports accurately and on time.

• Prepare the Annual Inventory Report and supporting physical count documentation.

• Maintain complete and audit-ready regulatory records.

• Coordinate with relevant teams to address and resolve documentation or compliance issues.

5. Balance Sheet Schedules & Audit Support

• Prepare and maintain monthly cost and inventory balance sheet schedules.

• Ensure schedules are accurate and submitted within the monthly closing timeline.

• Maintain complete supporting documents for importations, inventory counts, project liquidations, and other cost-related transactions.

• Provide audit support files and documentation promptly when requested.

Qualifications

• Bachelor’s degree in Accountancy

• At least 2–3 years of experience in cost accounting, inventory accounting, general accounting, or a similar role.

• Experience in import costing, inventory valuation, COGS, and project accounting is an advantage.

• Knowledge of BIR and DOE reporting requirements is preferred.

• Experience using ERP systems, preferably Microsoft Dynamics 365 Business Central, is an advantage.

• Proficient in Microsoft Excel, including formulas and data analysis.

• Strong attention to detail and ability to work with large volumes of financial and inventory data.

• Good analytical, organizational, and problem-solving skills.

• Must be willing to work on-site three (3) days a week and conduct fieldwork as needed for monthly inventory counts and reconciliation.