Cost Accountant

2 weeks ago

Pasay, Philippines HMD Hermada HR Solutions Corporation Full time

Cost Accountant Location: Pasay City, Metro Manila Industry: Trading Employment Type: Full time Salary: ₱25,000 – ₱30,000 per month About the Role: We are seeking a Cost Accountant to join our client’s team in Pasay City. This position is well-suited for an experienced professional who has a strong background in cost accounting and is detail-oriented, organized, and capable of managing multiple financial tasks with accuracy. The position will be responsible for handling costing and pricing of the products. He/she will ensure compliance with accounting standards, and supporting overall business operations through accurate reporting. Key responsibilities: Cost Analysis & Reporting: - Analyze manufacturing, production, and operational costs to identify trends, inefficiencies, and cost-saving opportunities. - Prepare and present detailed cost reports to management, including standard costs, actual costs, and variances. - Assist in month-end and year-end closing processes related to inventory and cost accounting. Inventory Management: - Monitor inventory levels and reconcile physical counts with system records. - Ensure accurate valuation of inventory (FIFO, LIFO, weighted average) and review slow-moving or obsolete inventory. - Work closely with procurement and operations teams to maintain accurate cost data. Budgeting & Forecasting: - Assist in the preparation of annual budgets and periodic forecasts. - Compare actual costs against budgeted/forecasted costs and analyze discrepancies. Process Improvement: - Identify opportunities to streamline cost accounting processes and improve financial controls. - Support the implementation of ERP or cost accounting system enhancements. Compliance & Auditing: - Ensure compliance with GAAP (or relevant accounting standards) and company policies. - Assist with internal and external audits related to cost accounting and inventory. Cross-Functional Collaboration: - Work closely with production, supply chain, and finance teams to gather cost-related data. - Provide financial insights to support pricing strategies and operational decisions. Qualifications: • Bachelor’s degree in Accounting, Finance, or related field (preferred). • At least 1–2 years of experience in cost accounting or general accounting. • Strong knowledge of cost accounting principles and practices. • Excellent MS Excel and general computer skills. • Strong attention to detail and high level of accuracy. • Ability to work independently with minimal supervision. • Good organizational and time management skills. Compensation and Benefits: • Competitive salary package • Opportunities for career growth • Supportive and collaborative work environment • Government Mandated About Us: HMD Hermada HR Solutions Corporation is a premier Talent Acquisition firm connecting businesses with top talent across industries. We help companies build high-performing teams while empowering candidates to reach their full potential through the right career opportunities. HMD Hermada HR Solutions Corporation — Empowering Talent. Enabling Teams. Elevating Businesses. #TheGoldStandard

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