Cost Analyst

Jade Solutions and Management Services Inc.; Mandaluyong; On-site; PHP 350,000 - 650,000; Full time

Job summary

Jade Solutions and Management Services Inc. is seeking a Cost Analyst to collect and analyze financial data, improve budget accuracy and forecast reliability, and find cost-saving opportunities across departments and projects.

The role requires a Bachelor’s degree in Accounting or Business and at least three years of related experience, with strong analytical, organizational, and communication skills. Proficiency in Excel and accounting software is essential.

Qualifications

• Bachelor’s degree in Accounting or Business.
• At least three years of related experience.

Responsibilities

• Analyzes expenses and cost transactions per Line of Business (LoB); ensures transactions are recorded accurately and assigned to the appropriate projects and departments.
• Provides monthly expense reports and detailed financial analysis to support business units in managing cost and increase efficiency.
• Performs budget monitoring and analyzes budget realignment if necessary.
• Assists in the preparation of annual budget and forecast. Performs other related duties, as assigned.
• Performs periodic review of unit costs to support in pricing strategy.
• Conducts market research as needed to recommend changes to pricing or business models.
• Performs other related duties, as assigned.

Skills

Cost analysis

Budgeting

Advanced Excel

Financial reporting

Data analysis

Verbal & written communication

Education

Bachelor’s degree in Accounting or Business

Tools

Excel

Accounting software

Job description

Job Purpose:

The Cost Analyst will collect and analyze financial information related to the organization’s expensed, seeking ways to improve accuracy of budgets and forecasts, and to decrease the cost of assigned departments and projects.

Main Responsibilities:

1. Analyzes expenses and cost transactions per Line of Business (LoB); ensures that the transactions are recorded accurately and assigned to the appropriate projects and departments.

2. Provides monthly expense reports and detailed financial analysis to support business units in managing cost and increase efficiency.

3. Performs budget monitoring and analyzes budget re-alignment if necessary

4. Assists in the preparation of annual budget and forecast. Performs other related duties, as assigned.

5. Performs periodic review of unit costs to support in pricing strategy.

6. Conducts market research as needed to recommend changes to pricing or business models.

7. Performs other related duties, as assigned.

Experience and Qualifications Required:

• Bachelor’s degree in Accounting or Business required.
• At least three years of related experience required.

Key Competences Required:

• Excellent analytical skills.
• Excellent organizational skills and attention to detail.
• Understanding of cost accounting principles and procedures.
• Proficient in Microsoft Office Suite (Advanced Excel) or similar software as well as accounting software.
• Excellent verbal and written communication skills.