Senior Cost Accountant

Asaba Manufacturing Phils., Inc; Calamba; On-site; PHP 550,000 - 900,000; Full time

Job summary

Asaba Manufacturing Phils., Inc is seeking a seasoned Cost Accountant to lead cost analysis across product and manufacturing costs in Laguna/Calamba. You will prepare cost calculations, monitor variances, and produce management reports to support budgeting and decision-making.

The role requires at least five years in cost accounting in manufacturing, strong Excel skills, and familiarity with ERP systems. A CPA or related certification is advantageous and will be valued by the finance team.

Qualifications

• Bachelor’s degree in accounting/finance.
• At least 5 years experience in cost accounting, preferably in manufacturing.
• Strong knowledge of cost accounting, inventory accounting, BOM, standard costing.
• Proficient in Excel including PivotTables.
• Experience with ERP/accounting systems.
• CPA license or relevant certification is an advantage.
• Strong analytical, numerical, and problem-solving skills.
• Ability to work cross-functionally and meet monthly closing deadlines.

Responsibilities

• Prepare and analyze product and manufacturing cost calculations, including material, labor, and overhead.
• Monitor and analyze actual vs. standard costs and investigate variances.
• Prepare monthly cost accounting reports, variance analysis, and management reports.
• Maintain standard costs, cost sheets, and BOM.
• Analyze manufacturing costs and identify cost reduction and process improvements.
• Perform inventory valuation and reconciliation for raw materials, WIP, and finished goods.
• Coordinate with Production, Purchasing, Engineering, Finance and other departments.
• Support budgeting, forecasting, and financial planning.
• Assist in month-end and year-end closing for cost accounting and inventory.
• Review expenses and ensure proper cost allocation and accounting treatment.
• Prepare schedules and documentation for internal and external audits.
• Ensure compliance with accounting policies and standards.
• Provide financial and cost analysis to management for business decisions.

Skills

Analytical thinking

Numerical skills

Problem solving

Attention to detail

Communication and coordination

Meeting deadlines

Cost insights

Education

Bachelor’s Degree in Accounting/Finance

Tools

Microsoft Excel

ERP/Accounting Systems

Job description

Job Description

Key Responsibilities:

• Prepare and analyze product and manufacturing cost calculations, including material, labor, and overhead costs.

• Monitor and analyze actual vs. standard costs and investigate significant variances.

• Prepare monthly cost accounting reports, variance analysis, and management reports.

• Maintain and update standard costs, cost sheets, and bills of materials (BOM).

• Analyze manufacturing costs and identify opportunities for cost reduction and process improvement.

• Perform inventory valuation, reconciliation, and analysis of raw materials, work-in-process, and finished goods.

• Coordinate with Production, Purchasing, Engineering, Finance, and other departments to ensure accurate cost data.

• Support budgeting, forecasting, and financial planning activities.

• Assist in month-end and year-end closing activities related to cost accounting and inventory.

• Review manufacturing expenses and ensure proper cost allocation and accounting treatment.

• Prepare supporting schedules and documentation for internal and external audits.

• Ensure compliance with company accounting policies and applicable accounting standards and controls.

• Provide financial and cost analysis to management to support business and operational decisions.

Qualifications:

• Bachelor’s Degree in Accounting, Finance, or a related field.

• At least 5 years of relevant experience in Cost Accounting, preferably in a manufacturing environment.

• Strong knowledge of cost accounting principles, manufacturing costing, and inventory accounting.

• Experience in standard costing, variance analysis, cost allocation, and inventory valuation.

• Familiarity with BOM, standard cost, actual cost, labor cost, material cost, and manufacturing overhead.

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

• Experience using ERP/accounting systems is highly preferred.

• Strong analytical, numerical, and problem-solving skills.

• Excellent attention to detail and accuracy in financial data and reports.

• Good communication and coordination skills, with the ability to work cross-functionally.

• Ability to analyze financial and operational data and provide actionable cost insights.

• Strong organizational skills and ability to meet monthly closing and reporting deadlines.

• CPA license or relevant professional certification is an advantage.