Cost Accountant

7 days ago

Angono, Calabarzon, Philippines HMD Hermada HR Solutions Corporation Full time ₱900,000 - ₱1,200,000 per year

  • 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.

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