Job title: Senior Cost Accountant
Job type: Permanent
Emp type: Full-time
Industry: Manufacturing, Construction, and Industrial
Expertise: Accounting
Location: Batangas, Calabarzon
Job published: 2022-09-15
Job ID: 35456

Job Description

KEY RESPONSIBILITIES:

You will:

  • Analyzes cost accounting data and assists with cycle count and physical inventories
  • Prepares and analyzes weekly, monthly, and quarterly gross margin analysis by product group by customer
  • Compares actual costs to standards and analyzes variances
  • Performs month-end closing activities such as detailed account analysis, reconciles sales, cost, and inventory accounts by product category by the customer, prepares journal entries as necessary and analyzes inventory evaluation and inventory roll forward
  • Reviews and analyzes inventory and margin reports, conducts research, and performs analytical studies regarding cost analyses and profitability
  • Performs monthly review of the compliance to revenue recognition policy
  • Monitors Stock Turn Over per product category and ensures performance targets related to the inventory process are adhered to
  • Monitors a system of controls, procedures, and forms for the record of fixed assets
  • Records fixed assets acquisitions and dispositions in the IFS
  • Tracks company expenditures for fixed assets in comparison to investment budget and management authorizations
  • Tracks the compilation of projects/investment costs into fixed assets accounts and closed out those accounts once the related projects/investments have been completed
  • Runs the depreciation for all fixed assets and analyzes the results
  • Reconciles the balance in the fixed asset subsidiary ledger to the summary level account in the general ledger
  • Reviews and updates the detailed schedule of fixed assets and accumulated depreciation (both in functional currency and Philippine peso)
  • Performs periodic investigation of the potential obsolescence of fixed assets together with asset assignees/owners
  • Conducts periodic impairment reviews for all assets and physical inventory counts
  • Looks for breakthroughs in process improvement relating to cost and fixed assets accounting
  • Ensures compliance to the annual statutory audit requirements and liaises external auditors and government that involve fixed assets
  • Produces timely and accurate routine management accounting reports, schedules, analyses and summaries for review of Country Manager
  • Responsible for the financial dashboard development and maintenance
  • Supports end-to-end process performance and improvements through 5S and Lean practices
  • Works in special projects as required

QUALIFICATIONS & REQUIREMENTS:

  • Graduate of B.S Accountancy or any related course
  • CPA or CMA is an advantage 
  • With at least five to 10 years of relevant experience
  • With strong analytical skills and knowledge of standard accounting and methodology
  • Proficient in MS Tools especially advanced or intermediate in MS Office Excel
  • Escalation management and detailed oriented

Work Schedule: Monday to Friday (7am to 3pm) 
Work Setup: Onsite, with shuttle service provided