cost and inventory analyst

2 days ago

Paranaque City, Calabarzon, Philippines PhiLux, Inc. Full time

JOB SUMMARY:

The Cost & Inventory Analyst is in charge of overseeing the budgets and financial activities of a company, including coordination with different departments to gather and analyze financial data, performing audits and assessments, preparing and presenting financial reports for management's sound decision making, developing strategies to optimize supply chain operations, and enforcing company policies. This role plays a key part in product pricing, inventory valuation, budgeting, and profitability analysis.

DUTIES AND RESPONSIBILITIES:

Financial Reporting and Data Analytics

  • Review and analyze data related to materials, labor and overhead
  • Prepare monthly COGS reports
  • Perform necessary variance and other accounting analysis to identify and resolve any discrepancies or gaps.
  • Quadrant study and reporting
  • Assist in pricing decisions by providing accurate costing information
  • Collaborate with Production, R&D and Procurement teams for accurate cost tracking
  • Perform monthly inventory valuation and reconcile with GL
  • Monitor inventory movements and support physical inventory counts
  • Support budgeting and forecasting processes with cost data
  • Identify cost-saving opportunities and process improvements
  • Develop best practices to enhance operational performance and productivity.

Regulatory compliance:

  • Handle and ensure timely processing of regulatory requirements, including but not limited to BIR, SEC, LGU and other government agencies.
  • Tax reporting: Prepare and submit tax filings in compliance with government regulations

People Management

  • Maintain effective relationships with internal stakeholders including sales, production, procurement and logistics teams.
  • Collaborate and communicate effectively to ensure smooth operations across inventory and warehouse, retail sales and merchandising, R&D departments and units
  • Empower team members to take ownership of their work and make decisions within their scope of responsibility.
  • Foster a sense of autonomy while offering guidance and mentorship when needed.
  • Provide an annual sales update per wood type, fast selling, non moving for management review and decision.
  • Pricing proposal for the new consignment and outright items and update the price file, retail price file and QuickBooks.

Other tasks that may be assigned by management

QUALIFICATIONS:

  • Bachelor's degree in accounting or finance
  • A minimum of 3 years' experience in a similar role.
  • Working knowledge of inventory management software
  • Proficient in microsoft tools, google and inventory management and accounting software
  • Knowledge in Cost accounting methods
  • Familiar with production processes, BOM, and labor tracking
  • Strong analytical skills and high attention to detail
  • Ability to manage multiple priorities and deadlines
  • Solid understanding of tax regulations and government compliance processes

Job Types: Full-time, Permanent

Pay: From Php30,000.00 per month

Benefits:

  • Company events
  • Employee discount
  • Health insurance
  • Opportunities for promotion
  • Paid training
  • Pay raise
  • Promotion to permanent employee

Application Question(s):

  • What is your expected salary for this position?

Education:

  • Bachelor's (Required)

Experience:

  • Cost Accounting: 3 years (Required)

License/Certification:

  • CPA (Preferred)

Work Location: In person

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