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An established industry player is seeking a skilled Cost Accountant to join their dynamic team. This pivotal role involves managing inventory costs, ensuring pricing accuracy, and supporting financial reporting processes. The ideal candidate will possess strong analytical skills and a keen attention to detail, working collaboratively with internal teams to maintain accurate financial records. You'll have the opportunity to contribute to a company that values employee growth and positive experiences, making a significant impact in the fast-paced e-commerce environment. If you are passionate about finance and thrive in a collaborative setting, this role is perfect for you.
JAMBNC256
About Penbrothers
Penbrothers is an HR & remote talent management partner and one of the fastest growing companies in the Philippines. We provide talented Filipinos with global opportunities in high-growth startups and dynamic companies, from the comfort of their own homes.
About the Client
Our client is a leading provider of specialty paper and packaging products through their brand. With a strong presence in the e-commerce space, they are committed to delivering high-quality paper goods and office supplies to customers worldwide. Their operations involve complex inventory management, cost accounting, and financial analysis to support business growth.
About the Role
The Cost Accountant will be responsible for managing inventory costs, ensuring pricing accuracy, and supporting financial reporting processes. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with internal teams to maintain accurate financial records.
What you’ll do
Perform routine price testing audits to ensure First In, First Out (FIFO) layers are correct.
Identify and review item set-up accounting issues and escalate to the Controller and VP of Accounting.
Understand work orders and assembly builds, ensuring items have correct pricing.
Conduct weekly reviews of accrued purchases to verify item receipt prices match billed amounts.
Ensure timely closure of all purchase orders.
Review all inventory adjustments to confirm correct quantity and cost usage.
Capitalize all costs such as freight, duty, and product enhancements into inventory.
Develop an Obsolete and Slow-Moving Inventory (OSMI) accrual or an inventory aging analysis to identify balances for write-off.
Monitor the dropship accrual process and ensure proper reconciliation with purchase orders.
Reconcile inventory at Amazon fulfillment centers with NetSuite records.
Investigate and resolve converting cost issues.
Participate in the month-end closing process as required.
Assist with ad hoc inventory-related issues and reporting needs.
What You Bring
Bachelor’s degree in Accounting, Finance, or a related field.
At least 5 years of experience in Cost Accounting and Netsuite
Prior experience with NetSuite, particularly in a manufacturing or e-commerce environment.
Proficiency in NetSuite (used daily for accounting functions)
Strong Excel skills (VLOOKUP and Pivot Tables) for high transaction volumes
Strong knowledge of NetSuite, specifically in cost accounting functions
Bonus: Experience with Tableau or other data visualization tools
Strong analytical and data management skills.
Proficiency in accounting software and Microsoft Excel.
Excellent attention to detail and organizational skills.
Ability to work independently and as part of a team.
Strong written and verbal communication skills.
Hiring Process
We utilize AI tools to enhance our hiring efficiency and ensure a fair evaluation of all candidates. As a result, candidates who passed our initial evaluations should expect an AI Interviewer as a component of our recruitment process. This is supervised by Human Talent Acquisition Experts who will also engage with you throughout your application journey.
What You’ll Get
At Penbrothers, we are obsessed with creating positive employee experiences. Here you’ll find an environment that nurtures learning and provides opportunities for growth. You’ll have the opportunity to make an impact on fast-growing startups and dynamic companies.
· Meaningful work & Growth: We take every opportunity to stretch ourselves and deliver an excellent client experience.
· Employee as our biggest asset: We are genuinely invested in our people’s career and welfare.
· Global reach & local impact: Get to work with high-growth startups and dynamic companies from the comfort of your own home.
· Powering global startups: We’ve created 1,400 Filipino jobs that empower global start-ups to focus on growth.