Cost Analyst

2 days ago

Batangas City, Philippines Absolut Distillers, Inc. Full time

Responsibilities

  • Analyze product costs, production variances, and key cost metrics to support management decision-making.
  • Prepare detailed cost reports and provide insights on manufacturing expenses, identifying opportunities for cost optimization and process efficiency.
  • Maintain accurate inventory valuation methods and conduct regular inventory audits, ensuring proper cut-offs and reconciliation between physical counts and financial records.
  • Oversee material receipt, issuance, and recording in SAP, ensuring timely and accurate data entry.
  • Collaborate with Purchasing and Warehousing to validate material costs and verify cost accuracy across systems.
  • Develop and maintain robust product costing models to support pricing strategies and new product introductions.
  • Review and enforce internal controls related to inventory management, including segregation of duties, user access, and period cut-offs.
  • Assist in annual budgeting and forecasting for manufacturing costs; perform variance analysis and report on performance vs. targets.
  • Work cross-functionally to align cost structures with operational activities and ensure process costs reflect financial records.
  • Document cost accounting procedures, methodologies, and process flows to ensure transparency and compliance.
  • Approve plant spare parts requisition slips in line with established controls and cost accountability standards.
Qualifications
  • Bachelor’s Degree in Industrial Engineering, Accounting, Finance, or a related field.
  • Strong foundation in Industrial Engineering principles, with experience in process analysis, time and motion studies, or work optimization.
  • Solid understanding of cost accounting and manufacturing cost structures.
  • Experience in a manufacturing or plant environment is highly preferred.
  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word).
  • Familiarity with ERP systems (SAP preferred) and cost tracking tools.
  • Strong analytical skills with a proven ability to translate data into actionable insights.
  • Excellent communication and collaboration skills across functional teams.
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