Cost Accountant

3 weeks ago

Mandaluyong, Philippines HMR Philippines, Inc. Full time

The General Cost Accountant is responsible for preparing and analyzing cost records, reports, and financial data. The role ensures accurate costing of products, monitors variances, and supports budgeting and inventory control processes to help management make informed financial decisions.

  • Analyze and recordproduct costs , including materials, labor, and overhead.
  • Monitorcost variances and investigate significant differences from standard or expected costs.
  • Preparemonthly cost reports , profitability analyses, and inventory valuation reports.
  • Maintain and updatestandard cost structures in the accounting system.
  • Work closely with operations, purchasing, retail, and warehouse departments to verify actual costs and identify areas for cost reduction.
  • Assist in the preparation ofbudgets and forecasts , especially related to cost of goods sold (COGS), raw materials, and production costs.
  • Participate inphysical inventory counts and reconcile inventory records.
  • Ensure compliance with internal control procedures and accounting standards.
  • Supportaudits by preparing required schedules and documentation.
  • Recommend improvements to accounting systems, cost processes, and operational efficiencies.
  • Bachelor’s degree in Accountancy, Finance, or a related field.
  • Certified Public Accountant (CPA) is preferred but not required.
  • At least2–4 years of relevant experience in cost accounting, preferably in aretail, manufacturing, or warehousing environment.
  • Strong knowledge ofPhilippine Financial Reporting Standards (PFRS) and relevant tax regulations.
  • Proficient in MS Excel and familiar with accounting systems (e.g., SAP, Oracle, QuickBooks).
  • Detail-oriented with strong analytical and problem-solving skills.
  • Good communication and interpersonal skills; able to coordinate with cross-functional teams.
  • Must be trustworthy, proactive, and capable of working with minimal supervision.
  • Willing to work on-site and travel to warehouses or branches if necessary.
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