Senior Cost Accountant

2 weeks ago


Manila, National Capital Region, Philippines Essilor Shared Services Philippines Incorporated Full time

The Senior Cost Accountant is responsible to ensure that the day to day operation of the Philippine Plants (Optodev and EMPI) relating to inventory and related cost of good sold process is delivered in accordance with the SLA. The role will closely coordinate analysis and reporting with the Financial Analysis and Reporting team and be responsible to prepare monthly reports, analyses and reconciliation of ledger accounts.

KEY RESPONSIBILITIES

  • Develop and maintain the cost accounting system, documents, and records of the organization.
  • Prepare and complete internal cost reports and audits.
  • Comply with related IFRS standards and Group/Corporate standards in accounting for Inventory and COGS
  • Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
  • Make estimates of new and proposed product costs.
  • Assist in audits and general ledger preparation.
  • Conduct physical inventories and monitor the cycle count program.
  • Update standard cost / or equivalent in the system
  • Support annual budget process by calculating manufacturing cost
  • Review monthly manufacturing variance
  • Review weekly status report and coordinate with local finance to resolve identified issues
  • Analyze details of the account and review unusual balances. Resolve any discrepancies and propose correcting entries based on the analysis
  • Support project implementation by providing process details and data support and conduct UAT. Document UAT as result of the testing performed.

PRE-REQUISITES/QUALIFICATIONS:

  • At least College level with degree in Accounting. Advantage given to a Bachelor degree holder in Accounting with a CPA designation
  • Minimum 5 years of previous work experience in similar position.
  • Willing to travel on a regular basis to Laguna and Bataan Plants
  • Experience with Oracle Financials or other costing system
  • Analytical thinker with strong conceptual and problem-solving skills.
  • Meticulous attention to detail with superb organizational skills.
  • Ability to work under pressure and meet tight deadlines.
  • Ability to work independently and as part of a team.
  • Must have advanced skills in the use of MS Office application e.g. Excel Spreadsheets.
  • Must have excellent work habits, including a willingness to work the hours necessary to get the job done.

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