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Open nowFirst seen 3 days ago

Cost Accounting Analyst

HRTX1,628 open roles

Where
Mandaluyong City, Metro Manila, Philippines
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Your applicationOpen nowCost Accounting AnalystHRTX · Mandaluyong City, Metro Manila, Philippines

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The clock on this job

Early applications get read.

12.1% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.1%7 days
  4. 19.1%14 days
  5. 35.6%30 days
  6. 52.7%60 days
This job: first seen 3 days ago

The posting

Job Title: Cost Accounting Analyst

Mandaluyong City | On-site | Mon-Fri

Job Summary

The Cost Accounting Analyst is responsible for analyzing product and operational costs, monitoring inventory valuation, performing variance analysis, and supporting budgeting and reporting functions. The role plays a key part in improving cost efficiency and ensuring accurate financial data to support management decision-making.

Key Responsibilities

1. Cost Analysis & Reporting

  • Prepare and maintain detailed product cost sheets.
  • Analyze direct materials, labor, and overhead costs.
  • Perform monthly variance analysis (standard vs. actual costs).
  • Provide actionable insights on cost drivers and profitability.

2. Inventory & Cost Control

  • Monitor inventory valuation (FIFO / Weighted Average).
  • Reconcile inventory accounts and investigate discrepancies.
  • Assist in conducting physical inventory counts.
  • Review slow-moving and obsolete inventory and recommend provisions.

3. Budgeting & Forecasting

  • Assist in annual budget preparation and quarterly forecasts.
  • Monitor budget performance and analyze variances.
  • Support cost planning initiatives and financial modeling.

4. Month-End Closing

  • Prepare journal entries related to cost and inventory.
  • Assist in monthly financial closing processes.
  • Ensure accuracy of cost allocations and overhead absorption.

5. Compliance & Internal Controls

  • Ensure adherence to company policies and Philippine accounting standards.
  • Support internal and external audit requirements.
  • Maintain proper documentation of cost records and analyses.

Qualifications

  • Bachelor's degree in Accountancy, Finance, or related field.
  • CPA preferred but not required.
  • 2–5 years of experience in cost accounting or financial analysis.
  • Experience in manufacturing, retail, or distribution is an advantage.
  • Strong knowledge of standard costing and variance analysis.
  • Proficiency in ERP systems (SAP, Oracle, or similar).
  • Advanced Microsoft Excel skills.

Key Competencies

  • Strong analytical and critical thinking skills
  • Attention to detail and high level of accuracy
  • Strong communication and reporting skills
  • Ability to work under deadlines
  • Collaborative team player
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