Cost Optimization Specialist

1 week ago


Cebu City, Central Visayas, Philippines Knowles Electronics (Philippines) Corporation Full time

Job Description

  • We are seeking a Cost Optimization Specialist to join our team at Knowles Electronics (Philippines) Corporation.
  • The successful candidate will be responsible for developing, implementing, and documenting processes and procedures for inventory and costing methodology.
  • This includes performing weekly inventory transfers and posting of inventory and purchasing transactions to the general ledger.
  • Additionally, the candidate will analyze inventory transactions, review inventory adjustments, and investigate existence of negative and zero value parts.
  • The ideal candidate will have a strong background in finance, accounting, or a related field, with experience in cost accounting and financial analysis.
  • They will also possess excellent analytical and problem-solving skills, as well as the ability to work independently with minimal supervision.

Key Responsibilities

  • Develop and implement process improvements related to inventories.
  • Maintain customer database and pricing tables based on existing intercompany agreement.
  • Coordinate with supply chain, operations, and accounts payable teams to ensure accurate recording of direct materials, work-in-process, and finished goods.
  • Review completeness of inventory transactions and investigate any discrepancies.


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